GridMatrix Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
10
- Latest Deal Type
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2ndary - Private
- Investors
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21
GridMatrix General Information
Description
Developer of digital infrastructure software designed to eliminate traffic congestion, accidents, and emissions that works with a city's existing infrastructure. The company's software directly draws data from intersection cameras, loops, and other sensors and processes the inputs while fusing them with cloud-based mobility data, enabling the traffic regulatory agency to autonomously manage traffic, adaptively time signal lights, and predict where congestion and accidents will occur.
Contact Information
Website
www.gridmatrix.comCorporate Office
- 2443 Fillmore Street
- Suite 380-6286
- San Francisco, CA 94115
- United States
Corporate Office
- 2443 Fillmore Street
- Suite 380-6286
- San Francisco, CA 94115
- United States
GridMatrix Timeline
GridMatrix Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 6. Seed Round | 08-Oct-2024 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 15-Mar-2023 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 14-Oct-2022 | Completed | Generating Revenue | |||
| 3. Seed Round | 11-Apr-2022 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2022 | Completed | Startup | |||
| 1. Accelerator/Incubator | Completed | Startup |
GridMatrix Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 484,101 | $0.000010 | $1.22 | $1.22 | 1x | $1.22 | 3.09% | |
| Seed-1 | 2,252,288 | $0.000010 | $1.53 | $1.53 | 1x | $1.53 | 14.38% |
VC Exit Predictor
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GridMatrix Comparisons
Industry
Financing
Details
GridMatrix Competitors (9)
One of GridMatrix’s 9 competitors is Miovision, a Venture Capital-Backed company based in Kitchener, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Miovision | Venture Capital-Backed | Kitchener, Canada | ||||
| Urban SDK | Private Equity-Backed | Jacksonville, FL | ||||
| Valerann | Venture Capital-Backed | Tel Aviv, Israel | ||||
| Live Traffic Data | Accelerator/Incubator Backed | New York, NY | ||||
| All Traffic Solutions | Formerly VC-backed | Chantilly, VA |
GridMatrix Patents
GridMatrix Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250046091-A1 | Traffic image sensor movement detection and handling | Pending | 04-Aug-2023 | ||
| WO-2025034311-A1 | Traffic image sensor movement detection and handling | Inactive | 04-Aug-2023 | ||
| US-20240161621-A1 | Systems that predict accidents and ameliorate predicted accidents | Inactive | 11-Nov-2022 | ||
| WO-2024102242-A1 | Systems that predict accidents and ameliorate predicted accidents | Inactive | 11-Nov-2022 | ||
| WO-2023049461-A1 | System and method for traffic near miss/collision detection | Inactive | 27-Sep-2021 | G08G1/164 |
GridMatrix Signals
GridMatrix Investors (21)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Calm Ventures | Venture Capital | Minority | ||
| Central Texas Angel Network | Angel Group | Minority | ||
| Emerging Ventures | Venture Capital | Minority | ||
| Frontier Angels | Angel Group | Minority | ||
| Futureland Ventures | Venture Capital | Minority |
GridMatrix FAQs
-
When was GridMatrix founded?
GridMatrix was founded in 2021.
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Where is GridMatrix headquartered?
GridMatrix is headquartered in San Francisco, CA.
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What is the size of GridMatrix?
GridMatrix has 10 total employees.
-
What industry is GridMatrix in?
GridMatrix’s primary industry is Business/Productivity Software.
-
Is GridMatrix a private or public company?
GridMatrix is a Private company.
-
What is GridMatrix’s current revenue?
The current revenue for GridMatrix is .
-
How much funding has GridMatrix raised over time?
GridMatrix has raised $6.49M.
-
Who are GridMatrix’s investors?
Calm Ventures, Central Texas Angel Network, Emerging Ventures, Frontier Angels, and Futureland Ventures are 5 of 21 investors who have invested in GridMatrix.
-
Who are GridMatrix’s competitors?
Miovision, Urban SDK, Valerann, Live Traffic Data, and All Traffic Solutions are some of the 9 competitors of GridMatrix.
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