# Matrak Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matrak-industries-pty

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.matrak.com
- Total disclosed funding: $8.1M
- Latest round: Series A (Jan 15, 2024)
- Investors on record: 13

## About

Established in 2013 and based in Melbourne, Australia, Matrak Industries Pty Ltd is a platform for mobile and web applications that tracks and manages the company's construction supply chain. In April 2024, Matrak Industries Pty Ltd raised AUD 2.9 million in Series A funding led by Gaomei Capital, with participation from OIF Ventures.

Matrak is a cloud-based software platform designed for construction management and material tracking. It enables users to oversee the entire supply chain by providing real-time updates on material status and project progress. The platform allows for the integration of various stakeholders, including suppliers, manufacturers, and contractors, into a single system, supports the automation of processes, offers interactive drawings for progress tracking, and provides a mobile application for notifications and updates. 

Matrak offers four pricing tiers: Single Use at USD745/month for 4,000 items, Starter at USD 1,640/month for 6,000 items with 3 collaborators, Medium at USD 3,200/month for 12,000 items with 6 collaborators, and Enterprise with custom pricing.

The company intends to use the April 2024 funding to assist in establishing a presence in the manufacturing hub in China.

## Funding rounds

- Series A, Jan 15, 2024, $1.1M — OIF Ventures, G&M Capital
- Series A, Dec 1, 2020, $7M — Rampersand, OIF Ventures, Hickory Group, Saniel Ventures, Crofton Park Developments Pty Ltd, Carrier International Pty Ltd, Cala Major Pty. Ltd., Mrmarson Investments Pty Ltd, Sam Hinds Investments Pty Ltd, Tedman Investments Pty. Ltd., The Creative Plane Pty Ltd, Salbcorp Pty Limited

## Investors

- Rampersand (https://capitalatlas.ai/funds/rampersand) — Series A
- OIF Ventures (https://capitalatlas.ai/funds/oif-ventures) — Series A
- Hickory Group — Series A
- Saniel Ventures (https://capitalatlas.ai/funds/saniel-ventures) — Series A
- Crofton Park Developments Pty Ltd — Series A
- Carrier International Pty Ltd — Series A
- Cala Major Pty. Ltd. — Series A
- Mrmarson Investments Pty Ltd — Series A
- Sam Hinds Investments Pty Ltd — Series A
- Tedman Investments Pty. Ltd. — Series A
- The Creative Plane Pty Ltd — Series A
- Salbcorp Pty Limited — Series A
- G&M Capital (https://capitalatlas.ai/funds/g-m-capital) — Series A