GridMatrix is a San Francisco–based provider of a cloud platform for traffic analytics led by CEO Nick D'Andre. Its platform combines edge sensor data with cloud-based data sources to help eliminate urban traffic congestion, accidents, and emissions. The company's proprietary cloud architecture delivers live data in under a second from sensor to screen and supplies cities with a real-time stream quantifying metrics from traffic-light performance to the occurrence of life-threatening accidents. The software is compatible with existing sensors such as cameras as well as next-generation sensing technologies like LiDAR, and is designed to scale for global deployment. GridMatrix said it will use the new capital to accelerate deployments in the US and Europe and to expand its data science and software engineering teams. Financially, the company completed a $3.5M seed funding round announced in April 2022.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2022