GridMatrix

San Francisco, CA · Founded 2021 · Privately Held (backing)

Developer of digital infrastructure software designed to eliminate traffic congestion, accidents, and emissions that works with a city's existing infrastructure. GridMatrix is based in San Francisco, CA and was founded in 2021. It has raised $6.5 million across 1 recorded round; the latest was a $3 million seed round in Apr 2024.

Last price · $/share
—
Implied valuation
—
Total raised
$6.5M
Last round
Seed Round
Apr 2024

GridMatrix key facts

  • Developer of digital infrastructure software designed to eliminate traffic congestion, accidents, and emissions that works with a city's existing infrastructure.
  • It has raised $6.5M across 1 recorded rounds; the latest was Seed Round ($3.0M) in Apr 2024.
  • Notable investors include Alumni Ventures, Gaingels, Team Ignite Ventures, 8VC, Calm Ventures — 16 tracked in total.
  • GridMatrix has filed 3 Form Ds with the SEC since 2022, most recently May 2024 ($3.0M sold to 18 investors).
  • Status: Privately Held (backing).
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GridMatrix funding rounds

1 rounds
Apr 2024Seed Round$3.0MSEC filing▮

How much has GridMatrix raised?

GridMatrix has raised $6.5 million in total; 1 of its rounds is on record. The largest on record was a $3 million seed round in Apr 2024.

GridMatrix has filed 3 Form Ds with the SEC since 2022, most recently in May 2024 ($3 million sold to 18 investors).

GridMatrix investors

16 investors are on record for GridMatrix, including Alumni Ventures, Gaingels, Team Ignite Ventures and 8VC. By type, the record holds 6 venture capital firms and 1 hedge fund. The seed round in Apr 2024 drew 18 investors.

About GridMatrix

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 in real-time while fusing them with cloud-based mobility data, enabling clients to autonomously manage traffic, adaptively time signal lights, and predict where congestion and accidents will occur.

Sector
Information Technology
HQ
San Francisco, CA, United States
Founded
2021
Employees
10
Ownership
Privately Held (backing)

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Valuation — not yet priced

GridMatrix doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.

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