Matrix Industries

Menlo Park, United States Founded: 2011 • Age: 15 yrs
Smartwatches powered by body heat are developed using thermoelectric technology.
Annual revenue - Latest available
Total funding $59.3M 13 rounds
Employees 8 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Industrial Goods & Manufacturing
    Healthcare Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Matrix Industries Inc
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $59.31 M (USD)

    in 13 rounds

  • Latest Funding Round
    $21.01 M (USD), Series B

    May 12, 2023

  • Investors
  • Employee Count
    8

    as on Dec 31, 2023

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Matrix Industries

Matrix Industries offers a comprehensive portfolio of products and services, including Perceptive, Proximity, and Prometheus.

Product name locked
Category locked
Primary

Self-powered wearable for monitoring health in eldercare settings.

Product name locked
Category locked
Locked

Underground sensor for detecting and differentiating entities.

Product name locked
Category locked
Locked

General self-powered system for integration and analytics.

People of Matrix Industries

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Daisuke Tanaka (Dice)
General Manager
People
Akram Boukai
CEO & Co-Founder
People
Douglas Tham
CTO & Co-Founder

Unlock access to complete

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are funded by this venture capital firm.
Locked Locked Locked
Premium access

Investor details for Matrix Industries

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Matrix Industries

Investments
Premium access

Investment portfolio details for Matrix Industries

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Matrix Industries

Premium access

Detailed financials for Matrix Industries

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Matrix Industries Comparisons

Matrix Industries Primary company
Description
Smartwatches powered by body heat are developed using thermo...
Location
Menlo Park, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
8
As of 2023
Premium access

Peer comparison for Matrix Industries

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Connected devices for health, sleep, and activity monitoring are developed.
Locked Locked Locked
Smartwatches and fitness trackers are provided for activity monitoring.
Locked Locked Locked
Provider of a smart wearable device for physical activities monitoring
Locked Locked Locked
Personal healthcare devices for vital monitoring are designed and produced.
Locked Locked Locked
Smart fitness trackers and watches are developed for performance monitoring.
Locked Locked Locked
Developer of AI-powered voice interaction and generative AI technologies
Premium access

Detailed competitors of Matrix Industries

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Matrix Industries

Premium access

Complete news archive for Matrix Industries

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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's top competitors include Withings, Fitbit and Whoop.

Matrix Industries offers Perceptive, Proximity, and Prometheus.

Matrix Industries has 1 investor. Key investors include Khosla Ventures.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available