# Mattrix Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mattrix-technologies

- Industry: Electronics
- Headquarters: Gainesville, US
- Website: www.mattrixtech.com
- Total disclosed funding: $3M
- Latest round: Series A (May 13, 2019)
- Investors on record: 2

## About

Mattrix Technologies, Inc. provides innovative software solutions aimed at solving specific challenges in the tech industry, focusing on data management tools that enhance efficiency for businesses across diverse sectors.Founded in 2018 in Gainesville, US, Mattrix Technologies, Inc. specializes in developing software solutions for the tech industry. The company raised USD 1.5 mn in its most recent funding round on August 10, 2020, with backers including JSR Corporation, Samsung Venture Investment, and University of Florida Investment Corporation. Its co-founders, Bo Liu and Max Lemaitre, have a history of driving technological innovation in their respective careers. The company has executed three deals to date, reflecting its growth trajectory in the tech landscape.Mattrix Technologies specializes in providing innovative software solutions designed to address specific challenges in the tech industry. Their core offerings include a suite of data management tools that streamline operations for businesses across various sectors, including healthcare, finance, and logistics. These products enhance data accuracy, facilitate real-time analytics, and improve decision-making processes for their clients. Mattrix Technologies serves a diverse clientele, including mid-sized to large enterprises across North America, Europe, and Asia, with end users such as data analysts, IT professionals, and operational managers benefiting from improved efficiency and clarity in their data-driven tasks.Mattrix Technologies generates revenue through a structured business model emphasizing recurring transactions, primarily through subscription-based services. Clients engage with the company by purchasing annual licenses for their software, which entitles them to ongoing access, updates, and support. Beyond direct sales, Mattrix partners with industry-specific retailers to promote their solutions. The pricing structure is designed to cater to varying client needs, offering tiered subscription plans that provide flexibility based on the scale and complexity of the required services. This approach ensures a sustainable revenue stream while delivering comprehensive support and valuable tools to clients.Mattrix Technologies plans to utilize the USD 1.5 mn raised in its recent funding round to further develop its software solutions and expand its market presence. The company is focused on launching new products tailored to the needs of specific sectors, with anticipated releases in the upcoming quarters. Additionally, Mattrix aims to expand its operations into Europe and Asia by 2023, enhancing its reach and service capabilities in these regions. The funding will support these strategic initiatives and bolster the company's capacity to innovate and respond to market demands.

## Funding rounds

- Series A, May 13, 2019, $3M — Samsung Venture Investment, JSR Corporation

## Investors

- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A
- JSR Corporation — Series A