About The Matrix Wand
The Matrix Wand was a Transportation, Automotive & Logistics company based in Salina (United States) founded in 2003 by Jan Srack. It offers handheld tools and software for vehicle damage assessment in collision repair. It operates on a B2B model in Transportation, Automotive & Logistics and Technology sectors. Its chief executive is Jan Srack. Its Indian entity And Data India Private Limited reported revenue of ₹2.02 Cr. The company is recorded as dissolved. The Matrix Wand offers products and services including Matrix Wand, FenderBolt Software, and Online Training Platform. Its focus areas include Automotive, Repair Analysis Software, Diagnostic Systems and Damage Assessment. Its competitors include Tractable, asTech, Jidoka, COMPREDICT and ProovStation and 2 more; 6 of its 7 listed competitors have raised funding.
Company details
The Matrix Wand is a handheld device that captures 3D images of vehicles to detect hidden damage during collision repair. It integrates with FenderBolt software for accurate measurements, documentation, and analysis. The system helps body shops improve efficiency by reducing teardown time and ensuring precise estimates. Based on industry expertise, it serves professionals in automotive repair, including shops and technicians, to enhance profitability and safety.
- Headquarters Salina, United States
- Founders Jan Srack
- SectorsTransportation, Automotive & LogisticsTechnology
- Website thematrixwand.com
- Social X
- Legal Name And Data India Private Limited
- Date of Incorporation 26 Nov, 1998
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2.02 Cr
FY 2019 · -60% YoY
- Net Loss-₹72.4 Lakh
FY 2019 · -36% margin
- EBITDA-₹8.5 Lakh
FY 2019 · -4% margin
Associated legal entities of The Matrix Wand
The Matrix Wand operates through And Data India Private Limited (dissolved (liquidated)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| And Data India Private Limited CIN U72200PN1998PTC016655 | Dissolved (Liquidated) | 26 Nov 1998 | Pune, Maharashtra | ₹2.0 Cr | 30 | 2 | View details |
Products & Services of The Matrix Wand
The Matrix Wand offers a comprehensive portfolio of products and services, including Matrix Wand, FenderBolt Software, and Online Training Platform.
Handheld tool for 3D imaging and hidden damage detection in vehicles
Platform for processing 3D data to verify vehicle repairs accurately
Training program for collision professionals on measurement techniques
Board of directors of And Data India Private Limited (The Matrix Wand)
And Data India Private Limited is the primary company behind The Matrix Wand. The board of And Data India Private Limited currently have 2 directors; the longest-serving is Vishwas Bowasaheb Sarnobat, appointed in 2000. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishwas Bowasaheb Sarnobat DIN 00516915 | Director | 09 May 2000 | 26 yrs 5 mo | And Data India Private Limited |
| Thierry Philippe Jaccoud DIN 08583001 | Director | 11 Oct 2019 | 7 yrs | And Data India Private Limited |
People of The Matrix Wand
1 people are tracked at The Matrix Wand (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jan Srack | Co-Founder, CEO | Leadership |
Complete people profiles for The Matrix Wand
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Financials of The Matrix Wand
Figures of And Data India Private Limited, the primary company behind The Matrix Wand, for FY 2019. Revenue was ₹2.02 Cr (-60% year on year). Net loss was -₹72.4 Lakh (-36% margin). EBITDA was -₹8.5 Lakh (-4% margin). Revenue has grown at a compounded annual rate of -27% over three years and -13% over five years.
- ₹2.02 CrRevenue · FY 2019 · -60% YoY
- -₹72.4 LakhNet loss · -36% margin
- -₹8.5 LakhEBITDA · -4% margin
- ₹3.48 CrPaid-up capital
- 30Employees (provident fund records)
- -27%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of And Data India Private Limited are on its company page.
Detailed financial statements for The Matrix Wand
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Competitors of The Matrix Wand
The Matrix Wand has 7 listed competitors in our database, 6 of them funded. They include Tractable, asTech, Jidoka, COMPREDICT and ProovStation, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tractable.ai | 2014 | London, United Kingdom | $184.83M | 213 | Provider of AI-based vehicle inspection solutions for insurers and the automotive industry | |
| astech.com | 2010 | Plano, United States | – | 515 | Cloud-based inspections are delivered for automotive repair diagnostics. | |
| jidoka-tech.ai | 2018 | Chennai, India | $1.22M | 42 | Autonomous AI vision solutions are provided for inspection and optimization. | |
| compredict.ai | 2016 | Darmstadt, Germany | $20.8M | 19 | AI-based virtual sensors are provided for automotive components. | |
| proovstation.com | 2017 | Paris, France | $11.33M | – | AI-powered vehicle inspection systems are provided for automotive applications. | |
| inspektlabs.com | 2019 | New Castle, United States | $1.05M | – | AI-driven inspections for automotive damage assessment are automated. | |
| fixico.com | 2014 | Herzliya, Israel | $16.46M | – | Digital car repair management platform that is shaping the future of car repair through its innovative solutions |
Detailed competitors of The Matrix Wand
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Top companies in Automotive Engineering & Design Services
10 companies that operate in the same segment as The Matrix Wand (Automotive Engineering & Design Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Powertrain components are manufactured and supplied by AVL. | 1948 | Englishtown, New Jersey, United States | – | USD 38.84 M | 289 | |
Automotive design and engineering services are provided globally. | 1960 | Coimbatore, Tamil Nadu, India | – | USD 13.66 M | 845 | |
Electronics and software development services for automotive industry are provided. | 2010 | Gaimersheim, Bavaria, Germany | – | – | – | |
Aerospace engineering services are provided by Humanetics since 1952. | 1952 | Farmington Hills, Michigan, United States | – | – | – | |
Provider of automotive parts design, power tools, outdoor equipment, and other products services | 1927 | New Britain, Connecticut, United States | – | USD 30.45 K | 5 | |
Extended protection plans are provided for commercial vehicles. | 1983 | Cranford, New Jersey, United States | USD 500 K | – | – | |
Automotive transactions and used car export services are facilitated. | 2010 | Shanghai, China | – | USD 688.08 M | 217 | |
Provider of design, engineering, testing, and homologation services to the automotive industry | 1971 | Tarragona, Catalonia, Spain | – | USD 10.88 M | 325 | |
Cars are manufactured and marketed by Pininfarina. | 1930 | Cambiano, Piemonte, Italy | – | USD 120.64 M | – | |
Electric vehicles are manufactured and designed by CIMC Vehicles. | 2013 | Shenzhen, Guangdong, China | – | USD 2.88 B | 9,460 |
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Frequently Asked Questions about The Matrix Wand
The Matrix Wand was founded in 2003.
The Matrix Wand is headquartered in Salina, United States. It is registered at Salina, Kansas, United States.
Jan Srack is the current CEO of The Matrix Wand. They have also founded this company.
The primary company behind The Matrix Wand, And Data India Private Limited, reported revenue of ₹2.02 Cr for FY 2019, down 60% year on year.
The Matrix Wand is a handheld device that captures 3D images of vehicles to detect hidden damage during collision repair. It integrates with FenderBolt software for accurate measurements, documentation, and analysis. The system helps body shops improve efficiency by reducing teardown time and ensuring precise estimates. Based on industry expertise, it serves professionals in automotive repair, including shops and technicians, to enhance profitability and safety.
The Matrix Wand offers Matrix Wand, FenderBolt Software, and Online Training Platform.
The Matrix Wand operates through And Data India Private Limited.
The legal entities of The Matrix Wand currently have 2 directors, including Thierry Philippe Jaccoud, Vishwas Bowasaheb Sarnobat.