Newmetrix Overview
- Year Founded
-
2014

- Status
-
Acquired/Merged
- Employees
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32

- Latest Deal Type
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M&A
Newmetrix General Information
Description
Developer of a video management platform designed to significantly reduce job site risk with the power of human and artificial intelligence. The company's platform uses machine learning to develop software that analyzes all images and videos in each project and matches them to a set of construction-specific tags, enabling clients to solve the management, collaboration, search, and analysis challenges associated with industrial videos and photos.
Contact Information
Website
www.newmetrix.comCorporate Office
- 245 Main Street
- 2nd Floor
- Cambridge, MA 02142
- United States
Corporate Office
- 245 Main Street
- 2nd Floor
- Cambridge, MA 02142
- United States
Newmetrix Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Merger/Acquisition | 01-Oct-2022 | Completed | Out of Business | |||
9. Accelerator/Incubator | Completed | Generating Revenue | ||||
8. Later Stage VC | 09-May-2022 | Completed | Generating Revenue | |||
7. Later Stage VC (Series A1) | 09-Dec-2020 | Completed | Generating Revenue | |||
6. Debt - PPP | 14-Apr-2020 | Completed | Generating Revenue | |||
5. Later Stage VC (Series A1) | 02-Jul-2019 | Completed | Generating Revenue | |||
4. Accelerator/Incubator | 01-Jan-2019 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 01-Nov-2017 | Completed | Startup | |||
2. Grant | 11-May-2017 | $125K | $3.4M | Completed | Startup | |
1. Seed Round | 03-Aug-2015 | $3.4M | $3.4M | Completed | Startup |
Newmetrix Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A1 | ||||||||
Series A | ||||||||
Seed | 3,435,000 | $0.000100 | $1 | $1 | 1x | $1 | 16.73% |
Newmetrix Comparisons
Industry
Financing
Details
Newmetrix Competitors (47)
One of Newmetrix’s 47 competitors is ImageVision, a Formerly VC-backed company based in La Grange, TX.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
ImageVision | Formerly VC-backed | La Grange, TX | ||||
iLenze | Formerly VC-backed | Bangalore, India | ||||
Diffusely | Venture Capital-Backed | Paris, France | ||||
Viisights | Venture Capital-Backed | Tel Aviv, Israel | ||||
Newforma | Private Equity-Backed | Manchester, NH |
Newmetrix Signals
Newmetrix Former Investors (27)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Alumni Ventures | Venture Capital | Minority | ||
Autodesk | Corporation | Minority | ||
Bantam Group | Other | Minority | ||
Borealis Ventures | Venture Capital | Minority | ||
Building Ventures | Venture Capital | Minority |
Newmetrix FAQs
-
When was Newmetrix founded?
Newmetrix was founded in 2014.
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Where is Newmetrix headquartered?
Newmetrix is headquartered in Cambridge, MA.
-
What is the size of Newmetrix?
Newmetrix has 32 total employees.
-
What industry is Newmetrix in?
Newmetrix’s primary industry is Business/Productivity Software.
-
Is Newmetrix a private or public company?
Newmetrix is a Private company.
-
What is Newmetrix’s current revenue?
The current revenue for Newmetrix is
. -
How much funding has Newmetrix raised over time?
Newmetrix has raised $22.4M.
-
Who are Newmetrix’s investors?
Alumni Ventures, Autodesk, Bantam Group, Borealis Ventures, and Building Ventures are 5 of 27 investors who have invested in Newmetrix.
-
Who are Newmetrix’s competitors?
ImageVision, iLenze, Diffusely, Viisights, and Newforma are some of the 47 competitors of Newmetrix.
-
When was Newmetrix acquired?
Newmetrix was acquired on 01-Oct-2022.
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Who acquired Newmetrix?
Newmetrix was acquired by Oracle.
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