Intelmatix launched its enterprise AI platform, EDIX, in March 2024 to provide decision intelligence to businesses across MENA. EDIX is designed for rapid deployment and does not require an in-house AI team, using local contextual data to power recommendations. The startup is initially focused on retail, logistics and workforce sectors and has signed 10 enterprise customers to date. In a year-long pilot in food and beverage, EDIX improved demand-forecasting accuracy by 15%, cut wastage costs by 75%, reduced overtime by 25%, and predicted new-branch revenue with over 80% accuracy. Intelmatix plans to expand its suites to cover more decisions and functions, and to target medium and smaller businesses as well as public entities across the region. The company closed a $20M Series A to fund platform expansion and regional scaling.

Total raised

$20M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2024