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Matter

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Electric vehicles platforms and energy storage solutions

Ahmedabad, IndiaFounded 2019Transportation
Valuation $25–50M Last recorded · 2024
Headcount 500–1k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Matter and the history behind them.

About Matter

Matter.in is a forward-thinking startup focused on revolutionizing the energy sector through sustainable technologies. The company operates primarily in the renewable energy market, addressing the increasing global demand for energy. Matter.in serves a diverse range of clients, including individual consumers, businesses, and governmental bodies, all of whom are looking for efficient and sustainable energy solutions.

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The business model of Matter.in revolves around developing and deploying advanced technology platforms that enhance the generation, storage, and utilization of energy. Their offerings include MatterEnergy, which focuses on high-performance, safe, and reliable energy storage and management systems. They also provide MatterEntel, modular and intelligent electronic systems that offer greater control and flexibility in harnessing electric power. Additionally, MatterDrive is their revolutionary propulsion system designed to meet extreme performance requirements, and MatterLink is a multi-platform cloud software solution that redefines product development within the electric ecosystem.

Matter.in makes money by selling these advanced energy solutions and technologies to its clients. They also generate revenue through service contracts, maintenance agreements, and possibly through licensing their proprietary technologies to other companies.

The company is driven by a mission to accelerate India's journey towards energy independence, making sustainable energy choices accessible and necessary rather than optional. Their team comprises individuals from diverse backgrounds, all united by a passion for excellence and a commitment to providing opportunities for everyone to contribute to saving the planet.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Ahmedabad, India
Employees
719
Open positions
1
Dealroom signal
75.0/100
Industry
Energy, Transportation
Sub-industry
Energy Storage, Mobility
Sector
Transportation, Sustainable Development Goals, Urban Tech, Climate Tech, Electric Mobility, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jun 2024 $10M $40M Japan Airlines (JAL) · Helena · Capital 2B · TransLink Capital ↗
SERIES A✓Equity / VC Jun 2022 $10M $40M Climate Angels Fund · Dholakiya Ventures · India Accelerator · Info Edge Ventures ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Matter website traffic

Latest recorded traffic for Matter is 38K monthly website visits, down 55.3% over the last three months. Matter's team declined 2.7% over the past year.

Latest monthly visits38K 3-month web change-55.3% 1-year team growth-2.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Baring Private Equity Asia

Series A11 investors entered at this stage

  • Climate Angels Fund
  • Dholakiya Ventures
  • India Accelerator
  • Info Edge Ventures
  • SucSeed
  • LV Angel Fund
  • Baring Private Equity Partners India
  • Capital 2B
  • Japan Airlines (JAL)
  • Helena
  • TransLink Capital
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇮🇳 India90.3%
🇺🇸 United States0.5%
🇿🇼 Zimbabwe0.2%
🇦🇪 United Arab Emirates0.2%
🇨🇴 Colombia0.2%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Matter on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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