# Matrix Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matrix-analytics

- Industry: Healthcare IT
- Headquarters: Denver, US
- Website: www.matrix-analytics.com
- Total disclosed funding: $16M
- Latest round: Series A (Mar 16, 2022)
- Investors on record: 4

## About

Matrix Analytics, Inc. is a data analytics company that specializes in providing advanced analytical solutions to various industries, enabling informed decision-making through real-time data analysis and processing tools.Founded in 2015 and headquartered in Denver, US, Matrix Analytics, Inc. focuses on delivering tailored data analytics solutions. The current CEO, Akrum Al-Zubaidi, leads the company, which has raised a total of USD 16.00 mn in funding through a Series A round led by Integrity Growth Partners, with contributions from UCHealth, CU Healthcare Innovation Fund, and 25Madison Ventures. The most recent funding round was completed on March 16, 2022, bringing the company's total valuation to USD 82.85 mn. To date, Matrix Analytics has completed 3 deals.Matrix Analytics offers sophisticated data processing tools that empower businesses across various sectors, including finance, healthcare, and retail, to make data-driven decisions. Their core product suite includes tools for predictive analytics, customer segmentation, and operational optimization, catering to a diverse client base from small businesses to large corporations. The company operates primarily in North America and Europe, where demand for data-driven decision support is rapidly increasing.Matrix Analytics generates revenue through tiered subscription plans, allowing clients to access different levels of data analytics services based on their specific needs. This model ensures scalability and accommodates various client sizes, with pricing reflecting the complexity and volume of data processed. Additionally, partnerships with retailers and wholesalers are established to provide customized analytics solutions, aligning the company's financial success with the performance of its clients.In March 2022, Matrix Analytics, Inc. secured USD 16.00 mn in growth funding to accelerate its expansion efforts. The company plans to enhance its product offerings with newly designed analytical tools, although specific release dates have not been disclosed. Additionally, Matrix Analytics aims to penetrate new geographic markets, particularly in regions experiencing a surge in demand for data analytics, supported by the recent funding to facilitate these initiatives.

## Funding rounds

- Series A, Mar 16, 2022, $16M — UCHealth, 25Madison Ventures, Integrity Growth Partners, CU Healthcare Innovation Fund

## Investors

- UCHealth — Series A
- 25Madison Ventures (https://capitalatlas.ai/funds/25madison-ventures) — Series A
- Integrity Growth Partners (https://capitalatlas.ai/funds/integrity-growth-partners) — Series A
- CU Healthcare Innovation Fund (https://capitalatlas.ai/funds/cu-healthcare-innovation-fund) — Series A