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GridMatrix

Cupertino, US · Founded 2021 · Delaware corporation · 7 known investors

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GridMatrix is a cloud-based software platform that turns existing roadway sensors into continuous data streams on traffic congestion, signal performance, emissions, and safety. It is built for traffic engineers to help them address common roadway and traffic management problems.

AI & Machine LearningMobility & TransportationSaaS

Founders & leadership

GridMatrix was founded in 2021 by Nicholas D'Andre.

NDNicholas D'Andre
Nicholas D'AndreChief Executive OfficerNicholas D'Andre leads GridMatrix, a cloud platform that processes roadway sensor data for traffic analysis. He has worked across AI enterprise software, consumer hardware, manufacturing, and international operations.
DH
Darcy HoellwarthGeneral Counsel
SHScott Hazard
Scott HazardChief Operating Officer

Investors · 7

Central Texas Angel Networklisted by Central Texas Angel NetworkAustin

How we know: Central Texas Angel Network's portfolio page · Not right? Tell us

Cota Capitallisted by Cota CapitalSan Francisco

How we know: Cota Capital's portfolio page · funding news · press coverage · Not right? Tell us

futureland ventureslisted by futureland venturesWashington, D.C.via Mitchell Kominsky · inferred

How we know: futureland ventures's portfolio page · Not right? Tell us

Gaingelslisted by GaingelsNew York · $200K – $500K

How we know: gaingels.com · Not right? Tell us

IrishAngelslisted by IrishAngelsSan Francisco · $250K – $350K

How we know: IrishAngels's portfolio page · the VCSheet dataset · Not right? Tell us

8VCreportedAustin · $500K – $50Mvia Alex Moore · board

How we know: board seat on SEC Form D · funding news · press coverage · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$3.1M disclosed across 2 rounds · 2022–2024

▶$3MraisedMay 2024 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael AreenDirector
  • Nicholas D AndreExecutive Officer, Director
  • Darcy HoellwarthExecutive Officer
  • Alex MooreDirector
  • Scott HazardExecutive Officer, Director
Offering amount
$4.4M
Amount sold
$3M
First sale
Apr 2024
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$87.1KraisedJul 2022 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Darcy HoellwarthExecutive Officer
  • Scott HazardExecutive Officer, Director
  • Nicholas D'AndreExecutive Officer, Director
Amount sold
$87.1K
First sale
Jun 2022
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 5

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Grid RasterGridRaster provides spatial computing and AI solutions to help enterprises in aerospace and defense, aviation, manufacturing, energy, and oil and gas improve manufacturing and maintenance operations. It works with enterprises, defense contractors, service providers, and platform providers.
GridbeyondGridBeyond develops a technology platform that manages distributed and flexible energy resources for industrial, commercial, utility, and institutional organizations worldwide. The platform actively controls flexible demand across 1,400+ sites and manages battery storage and load portfolios for energy generation, supply, and network companies.
Grid4CGrid4C uses AI and machine learning to analyze data from smart meters and IoT devices, delivering predictive analytics for utilities to optimize the energy value chain. Founded in 2013, it partners with global utilities to process billions of meter reads and generate daily predictions.
Grid+GridPlus builds crypto hardware wallets for self-custody of digital assets, aimed at both new and experienced crypto users. Its devices store private keys offline and support networks compatible with MetaMask as well as Bitcoin.

Companies working in the same space as GridMatrix.

In the news

GridMatrix Raises $3.5M Seed Round Led by 8VC & Cota Capitalprnewswire.com · Apr 2022

Frequently asked questions

What does GridMatrix do?
GridMatrix is a cloud-based software platform that turns existing roadway sensors into continuous data streams on traffic congestion, signal performance, emissions, and safety. It is built for traffic engineers to help them address common roadway and traffic management problems.
Who founded GridMatrix?
GridMatrix was founded by Nicholas D'Andre in 2021.
Who are GridMatrix's investors?
GridMatrix's investors include Alumni Ventures, Central Texas Angel Network, Cota Capital, futureland ventures, Gaingels, IrishAngels, 8VC.
How much funding has GridMatrix raised?
GridMatrix has disclosed $3.1M raised across 2 rounds.
Where is GridMatrix headquartered?
GridMatrix is headquartered in Cupertino, US.