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Matrix - About the company

Matrix is a series B company based in London (United Kingdom), founded in 2014 by Amandine Le Pape and Matthew Hodgson. It operates as a Provider of network for decentralized communication. Matrix has raised $35.7M in funding from investors like Automattic, Notion and Firstminute Capital. The company has 1237 active competitors, including 167 funded and 150 that have exited. Its top competitors include companies like Vonage, Mitel and Loom.

Company Details

Matrix provides an open-source, open-standard platform to create, decentralized IP messaging, and VoIP ecosystem for the internet. Matrix addresses use cases like VoIP, IoT, and instant messaging with generic messaging and data synchronization systems for the web to fix the problem of fragmented IP-communications between devices, people, and services.
Website
matrix.org
Social
X
Email ID
*****@matrix.org
Registered Address
14 Turnham Green Terrace Mews, London, England, W4 1QU
Key Metrics
Founded Year
2014
Location
Stage
Series B
Total Funding
$35.7M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
18 as on May 31, 2026
Investment & Acquisitions
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Matrix's funding and investors

Matrix has raised a total funding of $35.7M over 2 rounds. Its first funding round was on Jan 29, 2018. Its latest funding round was a Series B round on Jul 30, 2021 for $*****. 3 investors participated in its latest round. Matrix has 4 institutional investors.

Here is the list of recent funding rounds of Matrix:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 30, 2021
8028327
Series B
7382415
9085796
3030903
3875443
Jan 29, 2018
1019577
Series A
8884245
5263332
3954593
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Matrix's founders and board of directors

Founder? Claim Profile
The founders of Matrix are Amandine Le Pape and Matthew Hodgson.
Here are the details of Matrix's key team members:

Matrix's Board of Directors

Matrix's board has 4 active members. Amandine Le Pape and Matthew Hodgson are part of team and Ross Benjamin Schulman and Jonathan Andrew Crowcroft are independent board members.
Here is the list of Matrix's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 8m
Team
-
Current
7y 8m
Independent board member
-
Current
7y 1m
qpss{ai
Independent board member
-
Current
8y 8m

Matrix's employee count trend

Matrix has 18 employees as of May 26. Here is Matrix's employee count trend over the years:
Employee count trend for Matrix
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Matrix's Competitors and alternates

Top competitors of Matrix include Vonage, Mitel and Loom. Here is the list of Top 10 competitors of Matrix, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Vonage
Vonage
2001, Holmdel (United States), Acquired
Provider of contact center business communication solutions
$645M
74/100
2nd
Logo for Mitel
Mitel
1973, Ottawa (Canada), Acquired
Cloud based platform for unified communication management
$1.01M
74/100
3rd
Logo for Loom
Loom
San Francisco (United States), Acquired
Developer of software for recording and sharing screen video messages
$214M
74/100
4th
Logo for LumApps
LumApps
2012, Tassin la Demi Lune (France), Acquired
Cloud based employee communication platform provider
$102M
74/100
5th
Logo for Goldcast
Goldcast
2020, Cambridge (United States), Acquired
Cloud based platform offering virtual event management solutions
$42M
71/100
6th
Logo for GoTo.com
GoTo.com
1997, Los Angeles (United States), Series A
Cloud-based enterprise collaboration platform for web conferencing
$6M
70/100
7th
Logo for Signal
Signal
2018, Mountain View (United States), Seed
Provider of a platform for secure messaging
$50M
-
70/100
8th
Logo for Poppulo
Poppulo
1996, Cork (Ireland), Acquired
Enterprise employee communication platform
$35M
70/100
9th
Logo for Bandwidth
Bandwidth
1999, Raleigh (United States), Public
Cloud-based enterprise collaboration platform for VoIP communication management
$21.9M
69/100
10th
Logo for Bevy
Bevy
2017, Palo Alto (United States), Series C
Virtual and in-person community events software platform
$61.4M
69/100
19th
Logo for Matrix
Matrix
2014, London (United Kingdom), Series B
Provider of network for decentralized communication
$35.7M
63/100
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Matrix's Investments and acquisitions

Matrix has acquired Security Watchdog. Matrix has not made any investments as of now.

Reports related to Matrix

Here is the latest report on Matrix's sector:

News related to Matrix

Media has covered Matrix for a total of 2 events in the last 1 year, 1 of them has been about company updates.
Matrix wins $14m contractBusiness NewsJun 03, 2022Matrix
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