Munetrix

Auburn Hills, United States Founded: 2010 • Age: 16 yrs
Web-based financial tools for municipal and school forecasting are offered.
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About Munetrix

Munetrix is a company based in Auburn Hills (United States) founded in 2010.. Munetrix has raised $500 thousand across 4 funding rounds from investors including Essex Bay Capital and Innovation Fund America. Munetrix has completed 2 acquisitions, including Dynamo Metrics and Eidex. Munetrix operates in a competitive market with competitors including ClearGov, Decision Lens, ResourceX, Springbrook Software and Gove, among others.

  • Headquarter Auburn Hills, United States
  • Sectors
    Government & Social Sector
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Government & Social Sector → Government Technology & Digital Services
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $500 K (USD)

    in 4 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Munetrix
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Ginny Norton
CEO
People
Linda Kraft
VP of Customer Experience
People
Daniel Guarino
Vice President Of Operations
People
Martin Lappe
Implementation Manager

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Funding Insights of Munetrix

Munetrix has successfully raised a total of $500K across 4 strategic funding rounds. 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 Rounds 4
  • Last Round
  • First Round

    (01 Jun 2012)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Series A - Munetrix Valuation Essex Bay Capital
Jun, 2017 Amount Grant - Munetrix Valuation

investors

Sep, 2014 Amount Grant - Munetrix Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Munetrix

Munetrix has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Essex Bay Capital and Innovation Fund America. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech & Life Science focused seed stage VC firm investing in the US
Founded Year Domain Location
Invests in and partners with companies to drive transformational growth strategies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Munetrix

Munetrix has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dynamo Metrics and Eidex. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based decision support software
2013
Cloud-based analytics software is offered for K-12 school districts.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Munetrix

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Munetrix Comparisons

Employees
+
Add Comparison
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Competitors of Munetrix

Munetrix 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 ClearGov, Decision Lens, ResourceX, Springbrook Software and Gove, 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
Cloud-based budget and performance management software is provided.
domain founded_year HQ Location
Decision-making software is provided for government organizations' portfolio prioritization.
domain founded_year HQ Location
Cloud-based platform for financial planning and budgeting
domain founded_year HQ Location
Financial software is provided to local government agencies.
domain founded_year HQ Location
A cloud-based platform is utilized for municipal management tasks.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Munetrix

Frequently Asked Questions about Munetrix

When was Munetrix founded?

Munetrix was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Where is Munetrix located?

Munetrix is headquartered in Auburn Hills, United States. It is registered at Auburn Hills, Michigan, United States.

Is Munetrix a funded company?

Munetrix is a funded company, having raised a total of $500K across 4 funding rounds to date. The company's 1st funding round was a Grant of $34K, raised on Jun 01, 2012.

What does Munetrix do?

Munetrix provides web-based tools for financial management to municipalities and school districts. The tool allows building long-term financial forecasts using predictive analytics, trend analysis, fiscal indicators, and peer group benchmarking. Also provides a social collaboration platform for municipalities and schools to share best practices. Access to citizens for free to view how their local governments are spending. The company charges according to the level of data access and level 2 are charged at 29 per month for a single user.

Who are the top competitors of Munetrix?

Munetrix's top competitors include ClearGov, Decision Lens and Springbrook Software.

How many acquisitions has Munetrix made?

Munetrix has made 2 acquisitions, including Dynamo Metrics, and Eidex.

Who are Munetrix's investors?

Munetrix has 2 investors. Key investors include Essex Bay Capital, and Innovation Fund America.

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