About UrbanMatrix
UrbanMatrix is a company based in Bengaluru (India) founded in 2019 by Ashutosh Kumar, Divyanshu Pundir, and Rishabh Verma. UrbanMatrix has raised $1.24 million across 2 funding rounds from investors including LetsVenture, O2 Angels Network and SARA ELGI. UrbanMatrix operates in a competitive market with competitors including Wingtra, Delair, FlightWave Aerospace, Exyn Technologies and Silent Flyer, among others.
- Headquarter Bengaluru, India
- Founders Ashutosh Kumar, Divyanshu Pundir, Rishabh Verma
- Stage Minicorn
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Sectors
Aerospace, Defense & Maritime
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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 Urbanmatrix Technologies Private Limited
- Date of Incorporation 05 Aug, 2019
- Jurisdiction Huzur, Madhya Pradesh, India
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Annual Revenue
$6.94 K (USD)-40.23as on Mar 31, 2022
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Net Profit
-$245.27 (USD)42.84as on Mar 31, 2022
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EBITDA
-$2.05 K (USD)-197.73as on Mar 31, 2022
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Total Equity Funding
$1.24 M (USD)
in 2 rounds
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Latest Funding Round
$721.75 K (USD), Seed
Oct 26, 2023
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Investors
LetsVenture
& 24 more
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Employee Count
Not available
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Funding Insights of UrbanMatrix
UrbanMatrix has successfully raised a total of $1.24M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $721.75 thousand completed in October 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 UrbanMatrix
UrbanMatrix has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, O2 Angels Network and SARA ELGI.
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Angel network focused on multiple sectors
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Investment, advisory, and compliance services for startups and investors.
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Investor details for UrbanMatrix
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Investments & Acquisitions by UrbanMatrix
Investment portfolio details for UrbanMatrix
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Financial Statements - UrbanMatrix
Detailed financials for UrbanMatrix
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Urbanmatrix Comparisons
Peer comparison for UrbanMatrix
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Competitors of UrbanMatrix
UrbanMatrix 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 Wingtra, Delair, FlightWave Aerospace, Exyn Technologies and Silent Flyer, among others.
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Developer of drone-based surveying solutions
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Aerial imagery services are delivered via proprietary drones.
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UAVs for aerial surveying and data collection are manufactured.
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Fully autonomous aerial robotic systems developer
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Provider of autonomous drones
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Detailed competitors of UrbanMatrix
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Latest news on Urbanmatrix
Complete news archive for UrbanMatrix
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Frequently Asked Questions about UrbanMatrix
UrbanMatrix was founded in 2019 and raised its 1st funding round 2 years after it was founded.
UrbanMatrix is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rishabh Verma is the current CEO of UrbanMatrix. They have also founded this company.
UrbanMatrix is a funded company, having raised a total of $1.24M across 2 funding rounds to date.
Annual revenue of UrbanMatrix is $6.94K as on Mar 31, 2022.
UrbanMatrix was founded in 2019 in Bengaluru, India, focusing on the drone technology sector. AI-based hardware and software solutions are provided for drone control and management. Micro drones are offered to industries for capturing and processing aerial data, enabling real-time decision-making. Tools for drone operations and functional insights from aerial data are accessible through the platform.
UrbanMatrix's top competitors include Wingtra, Delair and Exyn Technologies.
UrbanMatrix has 25 investors. Key investors include LetsVenture, O2 Angels Network, SARA ELGI, Angel Scions, and P R Integrated Logistics.
The valuation of UrbanMatrix is $3.31M as of Jul 2021.