When was Matterworks founded?

Matterworks was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Matterworks located?

Matterworks is headquartered in Somerville, United States.

How many employees does Matterworks have?

As of Sep 30, 2026, the latest employee count at Matterworks is 49.

Is Matterworks a funded company?

Matterworks is a funded company, having raised a total of $15.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 04, 2020.

When was the latest funding round of Matterworks?

Matterworks' latest funding was a $***** Series A round on Jun 03, 2025, with participation from 6 investors.

Where does Matterworks rank among its competitors?

Matterworks ranks 3rd amongst 25 active competitors, of which 6 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Moleculent, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Matterworks?

Matterworks' top competitors include Moleculent, Leman Biotech and Enterome. Among them, Moleculent secured the most recent funding round in May, 2026.

Matterworks - 2026 Company Profile, Team, Funding & Competitors

Matterworks is a series A company based in Somerville (United States), founded in 2019 by Mimoun Cadosch Delmar and Jakob Osmundsen. It operates as an AI and analytical platform to accelerate therapeutic research. Matterworks has raised $15.9M in funding from Lewis & Clark Partners and OMX Ventures. The company has 25 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Moleculent, Leman Biotech and Enterome.

Company Details

AI and analytical platform to accelerate therapeutic research. The company has developed the Large Spectral Model and Pyxis, a product that enables scalable quantitative metabolomics with AI. It has ability to identify and quantify features from raw untargeted data, providing quantitative results automatically.

Website: www.matterworks.ai/
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Key Metrics

Founded Year

2019

Location

Somerville, United States

Stage

Series A

Total Funding

$15.9M in 4 rounds

Latest Funding Round

Series A, Jun 03, 2025, $*****

Investors

Lewis & Clark Partners & 8 more

Ranked

3^rd among 25 active competitors

Employee Count

49 as on Sep 30, 2026

Similar Companies

OpenEvidence & 2864 more

View Matterworks' full profile

Matterworks is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MATTERWORKS, INC. CIN: 842436414 , United States, Active	Dec 31, 1999	-	22 (As on Dec 31, 2024)	-

Matterworks has raised a total funding of $15.9M over 4 rounds. Its first funding round was on Aug 04, 2020. Its latest funding round was a Series A round on Jun 03, 2025 for $*****. 6 investors participated in its latest round. Matterworks has 9 institutional investors.

Here is the list of recent funding rounds of Matterworks:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 03, 2025	2435101	Series A	2047403	8867424	2940897	8910425
Mar 15, 2022	6545441	Series A	4544757	7122841	7640812	Jungle Ventures
Nov 12, 2020	9637664	Series A	3209846	9261167	4479681	Bling Capital

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View details of Matterworks's funding rounds and investors

The founders of Matterworks are Mimoun Cadosch Delmar and Jakob Osmundsen.

Here are the details of Matterworks' key team members:

Mimoun Cadosch Delmar: Former Co-Founder of Matterworks.
Jakob Osmundsen: Founder of Matterworks.

View details of Matterworks's Founder profiles and Board Members

Matterworks' employee count trend

Matterworks has 49 employees as of Sep 26. Here is Matterworks's employee count trend over the years:

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Top competitors of Matterworks include Moleculent, Leman Biotech and Enterome. Here is the list of Top 10 competitors of Matterworks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Moleculent 2019, Solna (Sweden), Series A	Provider of a biology platform that detects cell-cell interactions within their tissue environment	$46M	Arch Venture Partners, Eir Ventures & 1 others	55/100
2nd	Leman Biotech 2021, Shenzhen (China), Series A	Develope rof AI-based platform for cancer immunotherapy	$42.9M	FUHO Capital Management, Jingtai Technology ... & 7 others	51/100
3rd	Matterworks 2019, Somerville (United States), Series A	AI and analytical platform to accelerate therapeutic research	$15.9M	Jungle Ventures, Pillar VC & 7 others	48/100
4th	Enterome 2008, Paris (France), Series E	Developer of immunomodulatory drugs targeting cancer and immune diseases	$130M	Seventure Partners, Lundbeck Foundation & 10 others	46/100
5th	Vizzhy 2019, Austin (United States), Seed	Provider of multi omics based metabolic signature program and solutions for metabolic health issues	-	Genie Healthcare	34/100
6th	Oria Bioscience 2024, Paris (France), Unfunded	Provider of AI tools and drug screening based on human cells and organoids	-	-	34/100
7th	Clarity Bio Systems 2020, Mumbai (India), Funding Raised	Developer of metabolomics analysis software and provider of analytical services	-	SINE	33/100
8th	Miphic 2022, Bergen (Norway), Seed	Provider of mitochondrial screening platform for diagnostics	$20K	Techstars, Creator Fund	28/100
9th	Tranquil Immune 2021, Bonn (Germany), Unfunded	Developer of technology for developing auto-immune disease therapeutics	-	-	24/100
10th	OpenBioWorks 2022, Bozeman (United States), Unfunded	Provider of metabolomic profiling services through artificial intelligence applications	-	-	24/100