UrbanMatrix - Company Profile

Q: Where is UrbanMatrix located?

UrbanMatrix is located in Bengaluru, India .

Q: What sectors and market segments does UrbanMatrix operate in?

UrbanMatrix serves in the B2B space in the High Tech , Aerospace, Maritime and Defense Tech market segments.

Q: The primary business models of UrbanMatrix are:

High Tech > ********* ** **** ** > ****** , Aerospace, Maritime and Defense Tech > ********* ** **** ** > ******

Q: Which legal entities is UrbanMatrix associated with?

UrbanMatrix is associated with 1 legal entity - URBANMATRIX TECHNOLOGIES PRIVATE LIMITED.

UrbanMatrix Key Metrics

Founded Year: 2019
Location: Bengaluru, India
Company Stage: Seed
Total Funding: $1.24M
Latest Funding Round: $722K, Seed, Oct 26, 2023

Valuation: $3.31M as on Jul 27, 2021
Annual Revenue: $7.7K as on Mar 31, 2022
Competitor Rank: 9th out of 151 competitors with a Tracxn Score of 41/100 What is this?
Acquisitions: UrbanMatrix has not made any acquisitions yet
Investments: UrbanMatrix has not made any investments yet

Company profile of UrbanMatrix

What does UrbanMatrix do?

AI-driven hardware and software solutions for controlling drones. It provides AI-based micro drones for enabling industries to leverage the power of aerial data for real-time decision-making. It allows users to use aerial data processing tools for controlling and managing drones as well as access functional insights.

What sectors and market segments does UrbanMatrix operate in?

UrbanMatrix serves in the B2B space in the High Tech, Aerospace, Maritime and Defense Tech market segments.

The primary business models of UrbanMatrix are:

High Tech > ********* ** **** ** > ******Aerospace, Maritime and Defense Tech > ********* ** **** ** > ******

Which legal entities is UrbanMatrix associated with?

UrbanMatrix is associated with 1 legal entity given below:

Legal Entity Name	Date of incorporation	Revenue	Net Profit	Employee Count
URBANMATRIX TECHNOLOGIES PRIVATE LIMITED	Aug 04, 2019	-	-	557

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Funding and Investors of UrbanMatrix

How much funding has UrbanMatrix raised till date?

UrbanMatrix has raised a total funding of $1.24M over 2 rounds. It's first funding round was on Jul 27, 2021. It's latest funding round was a Seed round on Oct 26, 2023 for $722K. 1 investor participated in it's latest round, lead by IPV.

List of recent funding rounds of UrbanMatrix

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Oct 26, 2023	$722K	Seed	5508383	4257955	IPV
Jul 27, 2021	$518K	Seed	8987192	6644318	SARA ELGI, LetsVenture, and 20 more

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Who are the investors in UrbanMatrix?

UrbanMatrix has 9 institutional investors including LetsVenture, SARA ELGI and IPV. LetsVenture is the largest institutional investor in UrbanMatrix. Prakash Kumar and 13 others are Angel Investors in UrbanMatrix.

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Who are the CEO, Founders and Directors of UrbanMatrix?

Rishabh Verma, Co-Founder & CEO, is a founder of 1 company and on the board of 1 company. 1 email.
Ashutosh Kumar, Co-Founder & CTO, is a founder of 1 company and on the board of 1 company. 1 email.
Divyanshu Pundir, Co-Founder & VP, is a founder of 1 company and on the board of 1 company. 1 email.
Chitransh Chauhan, ex-Co-Founder, is a founder of 1 company and on the board of 1 company.

View details of UrbanMatrix's Founder profiles and Board Members

Competitors of UrbanMatrix

Competitive landscape of UrbanMatrix

UrbanMatrix has a total of 151 competitors and it ranks 9 th among them. 19 of its competitors are funded while 7 have exited. Overall, UrbanMatrix and its competitors have raised over $313M in funding across 40 funding rounds involving 90 investors. There is 1 public and 6 acquired companies in the entire competition set.

Below is a comparison of top competitors of UrbanMatrix

	UrbanMatrix	Wingtra	Quantum-Systems	Delair
Description	AI-driven hardware and software solutions for controlling drones	Developer of drones for mapping and surveying	Provider of multicopters for aerial survey and 3D reconstruction	Aerial-imagery services using proprietary drones
Founded Year	2019	2016	2014	2011
Location	Bengaluru (India)	Zurich (Switzerland)	Munich (Germany)	Toulouse (France)
Company Stage	Seed	Series B	Series B	Series B
Unicorn Rating	-	Minicorn	Minicorn	Minicorn
Total Funding	$1.24M	$55M	$117M	$17.4M
Funding Rounds	2	6	6	4
Latest Round	Seed, $722K, Oct 26, 2023	Series B, $22M, Mar 21, 2023	Series B, $67.5M, Oct 24, 2023	Series B, Undisclosed, Sep 12, 2018
Investor Count	23	14	12	4
Top Investors	LetsVenture, IPV & 21 others	Credit Suisse, Zurcher Kantonalbank & 12 others	European Investment Bank, Omnes Capital & 10 others	Intel Capital, Bpifrance & 2 others
Tracxn Score What is this?	41/100	64/100	64/100	62/100
Overall Rank	9th	1st	2nd	3rd

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Latest Shareholding of UrbanMatrix

Who are the current shareholders of UrbanMatrix?

As of Jul 27, 2021's latest post-round ownership report, Founders hold 75.83% at a net worth of INR 18.7Cr.
Founders own the majority of UrbanMatrix's shares, accounting for 75.83%, while Enterprise hold 5.68%, Angel hold 5.20% and Fund hold 4.68%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative investment	Realised returns	Unrealised returns	Return multiple
Founder	75.83%	18.7Cr	2082923	8841200	3062982	9623716
Fund	4.68%	1.16Cr	5252	8858	6916	1219
Enterprise	5.68%	1.4Cr	82360	66543	89348	56146
Angel	5.20%	1.29Cr	39526	43922	41990	48451
ESOP Pool	8.58%	2.12Cr	3991145	1059393	9803581	5399385
Total	99.97%	24.7Cr	5786589	5191087	8029454	2471963