How Much Did Intelmatix Raise?
Funding & Key Investors

Intelmatix, a deep-tech AI company, has secured a significant enterprise-level funding round, with the total amount undisclosed and the recent strategic investment valued at $20M. This latest capital infusion, part of a larger $20M in total funding, signals a pivotal moment for the Saudi Arabia-based firm as it continues to advance its capabilities in accessible AI and advanced analytics.

What is Intelmatix?

Intelmatix
Business ServicesSoftware TestingBusiness Intelligence (BI) Software

Intelmatix operates at the forefront of deep-tech artificial intelligence, developing tailored solutions and unique products designed to address complex sector challenges. The company is a pioneer in making AI and advanced analytics more accessible, empowering governments and businesses to enhance their operations, accelerate growth, and improve sustainability. Its strategic focus on innovation positions it as a key player in the evolving AI landscape.

How much funding has Intelmatix raised?

Intelmatix has raised a total of $20M across 1 funding round:

2024

Series A

$20M

Series A (2024): $20M with participation from Zain-Ventures, Sultan Holdings, and Shorooq Partners

Key Investors in Intelmatix

Zain-Ventures

Zain Ventures is a global investment firm with a diversified portfolio, focusing on strategic, long-term investments in startups, real estate, stocks, and more. They actively seek strong startup investments, particularly in the PropTech sector, and manage a broad range of assets.

Sultan Holdings

Sultan Holdings is a private family-owned property investment and development company established in 1972, specializing in commercial, retail, tourism, and residential properties. They are recognized as a major owner and operator of car parking facilities in Southern Tasmania.

Shorooq Partners

Shorooq is a leading alternative investments manager in the MENA region, focusing on venture capital and private credit. They partner with founders across various sectors, providing investment and management expertise to fuel growth and create multi-asset opportunities.

What's next for Intelmatix?

With this major strategic investment, Intelmatix is poised for accelerated expansion and further development of its AI technologies. The substantial backing suggests a focus on scaling operations, enhancing its product offerings, and potentially entering new markets. This funding will likely fuel research and development initiatives, enabling Intelmatix to solidify its position as a leader in providing advanced analytics and AI solutions for both public and private sectors, driving future growth and innovation.

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Frequently Asked Questions Regarding Intelmatix Financial Insights

What are the most recent funding rounds that Intelmatix has completed, and what were the funding rounds?
Intelmatix has recently completed 1 funding rounds: Series A on Jul 30, 2024.
What is the total amount of funding Intelmatix has raised to date?
Intelmatix has raised a total of $20M in funding to date.
How many funding rounds has Intelmatix completed?
Intelmatix has completed 1 funding rounds.
How much funding did Intelmatix raise in its most recent funding round?
Intelmatix raised $20M in its most recent funding round.
Who are the lead investors in Intelmatix's latest funding round?
The lead investor in Intelmatix's latest funding round was Zain-Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Intelmatix's history?
The largest funding round in Intelmatix's history was $20M.
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