Matrix.org
Financials
Estimates*
USD | 2019 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | <1m | 1.1m | 1.2m | 1.2m |
% growth | - | - | 14 % | - |
EBITDA | <1m | - | - | - |
% EBITDA margin | 34 % | - | - | - |
Profit | <1m | - | - | - |
% profit margin | 34 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
$5.0m | Early VC | ||
Total Funding | €4.5m |
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Recent News about Matrix.org
EditMatrix.org is a non-profit organization that maintains an open standard for secure, decentralized real-time communication and data synchronization. The platform enables fully decentralized conversations with no single points of control or failure, ensuring robust security and privacy. Matrix supports real-time synchronized history and state across all clients, and integrates with existing third-party IDs for user authentication and discovery. The service is designed for a wide range of applications, including chatrooms, direct chats, and chat bots, complete with end-to-end encryption, file transfer, and read receipts. Matrix's RESTful HTTP JSON APIs and SDKs for iOS, Android, and Web make it easy for developers to build on the platform. The network is highly scalable, supporting over 40 million users globally, and can bridge to other networks to enhance interoperability. Matrix also extends its capabilities to handle any type of real-time data, including IoT solutions, making it a versatile platform for various industries. The business model is primarily focused on providing open-source tools and services, with revenue generated through donations, grants, and partnerships.
Keywords: decentralized, secure, real-time, communication, data synchronization, open standard, end-to-end encryption, IoT, interoperability, non-profit.