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.
- Website
- deepmatrix.io
- 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
Ranked
28th among 721 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
43 as on Jul 31, 2026
Legal entities associated with Deepmatrix
Deepmatrix is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DEEPMATRIX PRIVATE LIMITED CIN: U72900KA2022PTC156423 , India, Active | Jan 10, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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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:
Filter 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 |
View details of Deepmatrix's funding rounds and investors
Deepmatrix's founders and board of directors
Founder? Claim ProfileThe 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:
- Naresh Soni: Co-Founder & CEO of Deepmatrix. They serve on the board of 1 company.Contact Info: 1 email address
- Kaustubh Tripathi: Co-founder and Chief Technology Officer of Deepmatrix. They serve on the board of 1 company.
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 |
View details of Deepmatrix's Founder profiles and Board Members
Deepmatrix's employee count trend
Deepmatrix has 43 employees as of Jul 26. Here is Deepmatrix's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Trimble 1978, Sunnyvale (United States), Public | Developer of hardware and software for construction geospatial and transportation | - | 75/100 | |
2nd | Uptake 2014, Chicago (United States), Series D | Cloud-based platform for predictive analytics and asset performance management | $282M | 71/100 | |
3rd | Provider of AI-based mapping systems generating high-definition vector data | $12.6M | 66/100 | ||
4th | Placer 2018, Covina (United States), Series D | Provider of location intelligence and foot traffic data software platform | $268M | 66/100 | |
5th | Developer of satellite imagery analytics for agriculture and infrastructure monitoring | $28.9M | 64/100 | ||
6th | Skylark Drones 2015, Bengaluru (India), Series A | Provider of drone-enabled data analytics for mining, solar, and infrastructure | $4.58M | 63/100 | |
7th | EagleView 2008, Bellevue (United States), Acquired | Provider of aerial imagery and geospatial data for property analysis | - | 63/100 | |
8th | AVEVA 1967, Cambridge (United Kingdom), Acquired | Developer of industrial software for engineering operations and data management | - | 63/100 | |
9th | Provider of industrial artificial intelligence platform for energy and manufacturing sectors | - | 62/100 | ||
10th | LocationMind 2019, Chiyoda-ku (Japan), Series B | Provider of location data analysis, security, and global navigation services | $45M | 61/100 | |
28th | Deepmatrix 2022, Bengaluru (India), Seed | AI based geospatial data management and GIS mapping platform | $2.73M | 52/100 |
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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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DeepMatrix Raises $1.6 Mn From YourNest, Arali Ventures, OthersBW Disrupt•Aug 27, 2024•Deepmatrix, YourNest, Arali Ventures
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