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Deepmatrix - About the company

Deepmatrix is a seed company based in Bengaluru (India), founded in 2022 by Naresh Soni and Kaustubh Tripathi. It operates as an AI based geospatial data management and GIS mapping platform. Deepmatrix has raised $2.73M in funding from investors like YourNest, IIT( ISM) Dhanbad and Arali Ventures, with a current valuation of $*****. The company has 721 active competitors, including 85 funded and 71 that have exited. Its top competitors include companies like Trimble, Uptake and Ecopia.

Company Details

AI based geospatial data management and GIS mapping platform. It offers a cloud-native SaaS platform that manages the entire geospatial data lifecycle, from ingestion to advanced analytics, utilizing AI-driven tools. It provides a solution for ingesting, analyzing, and visualizing geospatial data. The platform leverages artificial intelligence and machine learning to deliver advanced analytics, predictive insights, and real-time monitoring for applications like smart grids and power transmission.
Social
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Email ID
*****@deepmatrix.io
Registered Address
FLAT NO.204/205, MITTAL TOWER, 6(21) M G ROAD, Bangalore, BANGALORE, Karnataka, India, 560001
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Seed
Total Funding
$2.73M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 02, 2026
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
43 as on Jul 31, 2026
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Deepmatrix's funding and investors

Deepmatrix has raised a total funding of $2.73M over 6 rounds. Its first funding round was on Jun 03, 2022. Its latest funding round was a Seed round on Mar 02, 2026 for $*****. 2 investors participated in its latest round. Deepmatrix has 5 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of Deepmatrix:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 02, 2026
4352091
Seed
1864584
2087804
3708961
6979954
Aug 02, 2024
6413276
Seed
1637640
3175339
3757350
May 13, 2024
5794627
Angel
7308507
5794941
4527890
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Deepmatrix's founders and board of directors

Founder? Claim Profile
The founders of Deepmatrix are Naresh Soni and Kaustubh Tripathi. Naresh Soni is the CEO of Deepmatrix.
Here are the details of Deepmatrix's key team members:

Deepmatrix's Board of Directors

Deepmatrix's board has 2 active members. Naresh Soni and Kaustubh Tripathi are part of team.
Here is the list of Deepmatrix's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 4m
Team
-
Current
4y 4m

Deepmatrix's employee count trend

Deepmatrix has 43 employees as of Jul 26. Here is Deepmatrix's employee count trend over the years:
Employee count trend for Deepmatrix
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Deepmatrix's Competitors and alternates

Top competitors of Deepmatrix include Trimble, Uptake and Ecopia. Here is the list of Top 10 competitors of Deepmatrix, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Trimble
Trimble
1978, Sunnyvale (United States), Public
Developer of hardware and software for construction geospatial and transportation
-
75/100
2nd
Logo for Uptake
Uptake
2014, Chicago (United States), Series D
Cloud-based platform for predictive analytics and asset performance management
$282M
71/100
3rd
Logo for Ecopia
Ecopia
2013, Toronto (Canada), Series B
Provider of AI-based mapping systems generating high-definition vector data
$12.6M
66/100
4th
Logo for Placer
Placer
2018, Covina (United States), Series D
Provider of location intelligence and foot traffic data software platform
$268M
66/100
5th
Logo for SatSure
SatSure
2017, Bengaluru (India), Series A
Developer of satellite imagery analytics for agriculture and infrastructure monitoring
$28.9M
64/100
6th
Logo for Skylark Drones
Skylark Drones
2015, Bengaluru (India), Series A
Provider of drone-enabled data analytics for mining, solar, and infrastructure
$4.58M
63/100
7th
Logo for EagleView
EagleView
2008, Bellevue (United States), Acquired
Provider of aerial imagery and geospatial data for property analysis
-
63/100
8th
Logo for AVEVA
AVEVA
1967, Cambridge (United Kingdom), Acquired
Developer of industrial software for engineering operations and data management
-
63/100
9th
Logo for Algo8
Algo8
2016, Noida (India), Seed
Provider of industrial artificial intelligence platform for energy and manufacturing sectors
-
62/100
10th
Logo for LocationMind
LocationMind
2019, Chiyoda-ku (Japan), Series B
Provider of location data analysis, security, and global navigation services
$45M
61/100
28th
Logo for Deepmatrix
Deepmatrix
2022, Bengaluru (India), Seed
AI based geospatial data management and GIS mapping platform
$2.73M
52/100
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Deepmatrix's Latest cap tables and shareholding

Founders (largest shareholder) own 41.50%, Funds own 31.60%, Enterprises own 1.29% and Angels own 13.99%. The net worth of Deepmatrix's founders is INR 28.6Cr as of Mar 02, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
41.50%
28.6Cr
2658515
3264043
9585080
4730444
3123844
9554352
7233649
5479730
6957180
1281609
3018384
4650648
1846773
4621377
9829787
3468078
Fund
31.60%
21.8Cr
2015902
3081087
9007816
4725815
6586567
6538330
5072147
7957559
3598058
2945819
8844883
2046651
8044602
4182517
7635173
4573053
0
0
0
0
0
0
Enterprise
1.29%
89.2L
6
8
7
7
Angel
13.99%
9.65Cr
3511226
1371431
7905824
6103928
0
0
0
0
0
0
ESOP Pool
11.62%
8.02Cr
2554858
2936690
3078818
1640427
Total
100.00%
69Cr
3666082
9330860
1488295
9408363
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Deepmatrix's Shareholding

Deepmatrix's Investments and acquisitions

Deepmatrix has made no investments or acquisitions yet.

Reports related to Deepmatrix

Here is the latest report on Deepmatrix's sector:

News related to Deepmatrix

Media has covered Deepmatrix for 1 event in last 1 year, It was about partnerships.
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