Intelmatix

Intelmatix is an artificial intelligence company in Riyadh, Saudi Arabia, founded in 2021. It has raised $20.0M across 1 round, most recently a $20.0M Series A in July 2024.

We solve for your X

Headquarters
Riyadh
Employees
51–200
Founded
2021
Business Model
B2B
Total Funding
$20.0M
Last Round
$20.0M Series AJul 2024
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 8 investors for this company. The full record is or through the API.

About

Intelmatix is a deep tech AI company founded in 2021 by MIT technologists and headquartered in Riyadh, Saudi Arabia, with offices in London and Boston. The company develops its Enterprise Decision Intelligence platform, EDIX, which integrates AI agents to analyze data, forecast scenarios, and recommend decisions for organizations across retail, logistics, manufacturing, healthcare, and government sectors. Intelmatix raised a $20M Series A in 2024 and was the first AI company from Saudi Arabia and MENA to join the World Economic Forum.

Summary

It lists 51–200 employees. It has raised $20.0M in total across 1 round, most recently a $20.0M Series A round in Jul 2024. Investors include Shorooq Partners, Olayan Financing Company and Rua Growth Fund.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Series ASeries AJul 2024
$20.0M

Investors

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