About Matrics
Matrics is a company based in Columbia (United States) founded in 1998 was acquired by Symbol Technologies in July 2004.. Matrics has raised $34 million across 2 funding rounds from investors including The Carlyle Group, Symbol Technologies and Novak Biddle Venture Partners. Matrics operates in a competitive market with competitors including Elatec RFID, QuantalRF, Checkpoint Systems, MDT Innovations and Myruns, among others.
- Headquarter Columbia, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series C
Jul 14, 2003
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Investors
The Carlyle Group
& 4 more
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Employee Count
Employee Count
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Acquired by
Symbol Technologies
(Jul 01, 2004)
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Funding Insights of Matrics
Matrics has successfully raised a total of $34M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in July 2003. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $20.0M
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First Round
First Round
(01 Dec 2001)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2003 | Amount | Series C - Matrics | Valuation |
investors |
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| Dec, 2001 | Amount | Series B - Matrics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Matrics
Matrics has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, Symbol Technologies and Novak Biddle Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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US focused VC firm
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Founded Year | Domain | Location | |
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US focused venture capital firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Matrics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Matrics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Matrics Comparisons
Competitors of Matrics
Matrics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Elatec RFID, QuantalRF, Checkpoint Systems, MDT Innovations and Myruns, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of RFID-based access control solution
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| domain | founded_year | HQ Location |
Provider of IoT based RF receiver architectures
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| domain | founded_year | HQ Location |
Cloud-based RFID solutions are provided for offline retail operations.
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| domain | founded_year | HQ Location |
NFC-based products and sensor systems for IoT applications are provided.
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| domain | founded_year | HQ Location |
RFID tags and readers are provided for wireless data transmission.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Matrics
Frequently Asked Questions about Matrics
When was Matrics founded?
Matrics was founded in 1998 and raised its 1st funding round 3 years after it was founded.
Where is Matrics located?
Matrics is headquartered in Columbia, United States.
Is Matrics a funded company?
Matrics is a funded company, having raised a total of $34M across 2 funding rounds to date. The company's 1st funding round was a Series B of $14M, raised on Dec 01, 2001.
What does Matrics do?
Founded in 1998 and based in Columbia, United States, Matrics operates in the RFID technology sector. Solutions are offered for industrial supply chain tracking, asset management, and security applications. Products encompass readers compatible with EPC-compliant tags, UHF smart inlays and labels, and the Visibility Manager system for overseeing reader networks. Wireless tracking options are provided to enable enterprise-wide asset visibility.
Who are the top competitors of Matrics?
Matrics's top competitors include QuantalRF, Checkpoint Systems and Nordic ID.
Who are Matrics's investors?
Matrics has 5 investors. Key investors include The Carlyle Group, Symbol Technologies, Novak Biddle Venture Partners, Polaris Partners, and Venturehouse Group.
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