About Matrix Industries
Matrix Industries is a company based in Menlo Park (United States) founded in 2011 by Akram Boukai and Douglas Tham. Matrix Industries has raised $59.31 million across 13 funding rounds from investors including Khosla Ventures. The company has 8 employees as of December 31, 2023. Matrix Industries offers products and services including Perceptive, Proximity, and Prometheus. Matrix Industries operates in a competitive market with competitors including Withings, Fitbit, Whoop, iHealth Labs and Garmin International, among others.
- Headquarter Menlo Park, United States
- Employees 8 as on 31 Dec, 2023
- Founders Akram Boukai, Douglas Tham
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Sectors
Industrial Goods & ManufacturingHealthcare Technology
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Email
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Phone
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Website
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Social
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- Legal Name Matrix Industries Inc
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$59.31 M (USD)
in 13 rounds
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Latest Funding Round
$21.01 M (USD), Series B
May 12, 2023
- Investors
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Employee Count
8
as on Dec 31, 2023
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Products & Services of Matrix Industries
Matrix Industries offers a comprehensive portfolio of products and services, including Perceptive, Proximity, and Prometheus.
Self-powered wearable for monitoring health in eldercare settings.
Underground sensor for detecting and differentiating entities.
General self-powered system for integration and analytics.
People of Matrix Industries
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Funding Insights of Matrix Industries
Matrix Industries has successfully raised a total of $59.31M across 13 strategic funding rounds. The most recent funding activity was a Series B round of $21.01 million completed in May 2023. 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.
Investors in Matrix Industries
Matrix Industries has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Khosla Ventures.
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Early-stage startups are funded by this venture capital firm.
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Investor details for Matrix Industries
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Investments & Acquisitions by Matrix Industries
Investment portfolio details for Matrix Industries
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Financial Statements - Matrix Industries
Detailed financials for Matrix Industries
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Matrix Industries Comparisons
Peer comparison for Matrix Industries
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Competitors of Matrix Industries
Matrix Industries 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 Withings, Fitbit, Whoop, iHealth Labs and Garmin International, among others.
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Connected devices for health, sleep, and activity monitoring are developed.
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Smartwatches and fitness trackers are provided for activity monitoring.
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Provider of a smart wearable device for physical activities monitoring
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Personal healthcare devices for vital monitoring are designed and produced.
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Smart fitness trackers and watches are developed for performance monitoring.
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Developer of AI-powered voice interaction and generative AI technologies
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Detailed competitors of Matrix Industries
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Latest news on Matrix Industries
Complete news archive for Matrix Industries
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Frequently Asked Questions about Matrix Industries
Matrix Industries was founded in 2011.
Matrix Industries is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Akram Boukai is the current CEO of Matrix Industries. They have also founded this company.
Matrix Industries is a funded company, having raised a total of $59.31M across 13 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Matrix Industries is 8.
Matrix Industries was founded in 2011 and is headquartered in Menlo Park, United States. Thermoelectric platform technology is utilized by the company to generate electricity from body temperature gradients, powering smartwatch batteries. Bio-metrics such as calories burned, activity levels, and sleep quality are calculated based on the generated power. The technology is also applied to power medical implants and sensors in the wearables and health tech sector.
Matrix Industries offers Perceptive, Proximity, and Prometheus.
Matrix Industries has 1 investor. Key investors include Khosla Ventures.