GridMatrix
Cupertino, US · Founded 2021 · Delaware corporation · 6 known investors
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.
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Nicholas D'AndreinChief Executive Officer
DH
Darcy HoellwarthGeneral Counsel
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Scott HazardChief Operating Officer
Investors · 6
Reported raises · per SEC filings
Form D private placements$3.1M disclosed across 2 rounds · 2022–2024
▶$3MraisedMay 2024 · 18 investors · Other TechnologyRule 506(b)
▶$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
▶$87.1KraisedJul 2022 · 3 investors · Other TechnologyRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlap
Gridware13 shared keywordsGridware provides real-time monitoring and visibility of electrical grid conditions through sensors deployed on power lines, enabling utilities and line workers to detect and respond to problems faster. The platform serves electric utilities and their field teams to improve grid reliability, reduce outage response time, and prevent wildfire ignition.
Grid Raster11 shared keywordsGridRaster 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.
Gridbeyond8 shared keywordsGridBeyond operates a technology platform that manages distributed and flexible energy resources, using AI to dispatch flexibility from assets such as utility-scale renewables, battery storage and industrial load into energy markets. It serves industrial and commercial energy users and asset owners, helping them generate revenues and savings while supporting grid balancing and the transition to net zero.
Grid4C8 shared keywordsGrid4C 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.
Companies competing with GridMatrix for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
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 Central Texas Angel Network, Cota Capital, futureland ventures, IrishAngels, 8VC, Launch Angels Funds.
- 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.