What is Matr?
Matr operates within the dynamic Education industry, employing between 10 to 19 individuals and generating revenue in the range of $1 million to $5 million. Headquartered in the United States, Matr is focused on delivering solutions within its sector. The company's trajectory suggests a focus on scaling its educational offerings and expanding its market reach.
How much funding has Matr raised?
Matr has raised a total of $3.3M across 1 funding round:
Series A
$3.3M
Series A (2018): $3.3M with participation from The UCL Technology Fund and Downing
Key Investors in Matr
The UCL Technology Fund
The UCL Technology Fund is an investment vehicle focused on commercializing research and innovation originating from University College London, likely specializing in deep tech and science-based ventures.
Downing
Founded in 1986 and headquartered in London, Downing is a financial services company that designs and manages investment products, suggesting a broad investment mandate across various sectors.
What's next for Matr?
The substantial enterprise-level funding Matr has attracted indicates a pivotal growth phase, likely moving beyond initial development into a scaling or expansion stage. This strategic investment will empower Matr to further develop its educational technologies, enhance its service delivery, and potentially explore new market segments. The company's ability to secure significant backing points to strong investor confidence in its business model and future prospects within the competitive education technology landscape.
See full Matr company page