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d-Matrix

๐Ÿ”ฅ HOT

Everything you need to know about d-Matrix โ€” from their $450M in funding to who's backing them.

๐Ÿ‡บ๐Ÿ‡ธUnited StatesSeries CAI Infrastructure
Updated Mar 24, 2026

Out of 100

๐Ÿ‡บ๐Ÿ‡ธ

HQ

United States

๐Ÿ—“

Founded

2019

๐Ÿ’ฐ

Raised

$450M

๐Ÿท๏ธ

Stage

Series C

๐Ÿ‘ฅ

Team

150

$2B

Post-money

$450M

All rounds

68/100

2019

150 employees

๐Ÿ’ตEst. Annual Revenue
$50Mโ€“$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

d-Matrix is an AI infrastructure company founded in 2019 that develops hardware and software solutions optimized for generative AI and large language model inference. The company designs specialized processors and system architectures to improve the efficiency and cost-effectiveness of deploying AI models at scale. d-Matrix's core technology focuses on reducing latency and power consumption in AIโ€ฆ

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Strengths

โœ“

Unicorn status with $2B valuation

โœ“

Strong Awaira Score of 68/100

โœ“

Growing team of 150 employees

Analysis based on publicly available data. Not investment advice.

d-Matrix is a AI unicorn in the AI Infrastructure sector. Founded in 2019, the company is currently at the Series C stage with a team of approximately 150 employees. With $450M in total disclosed funding, d-Matrix has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Infrastructure companies on Awaira, including CoreWeave and Graphcore.

Awaira Score

68/100

Valuation

$2B

Total Funding

$450M

Founded

2019

Employees

150

Stage

Series C

3

Total Rounds

$150M

Avg Round Size

2.8yr

Funding Span

d-Matrix raised 3 rounds over 2.8 years, averaging $150M per round โ€” a pace of roughly one round every 11 months.

d-Matrix holds unicorn status in the AI Infrastructure space, placing it among the highest-valued private AI companies globally.

Among 3 tracked competitors, d-Matrix ranks #3 by valuation โ€” a metric investors and analysts use to gauge market standing.

Tracking d-Matrix on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Infrastructure market.

Metricโ˜…d-MatrixCoreWeaveGraphcoreNebius
Awaira Score68/10095/10085/10084/100
Total Raised$450M$2.38B$700M$2B
Valuation$2B$49B$500M$25B
StageSeries CPublicAcquiredPrivate
Founded2019201720162023
Employees1501800500-10001,000
Country๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ณ๐Ÿ‡ฑ
S

Sid Sheth

Founder & CEO

View founder profile โ†’
StageSeries C
Employees150
Country๐Ÿ‡บ๐Ÿ‡ธ United States
Connect
Inactive
3 rounds
Series CLatest

Led by Bessemer Venture Partners

$343M

Jun 2023

Series B

Led by Bessemer Venture Partners

$87M

Oct 2021

Series A

Led by Khosla Ventures

$20M

Sep 2020

Frequently Asked Questions

What is d-Matrix's valuation?โ–พ
Based on the most recent funding round, the valuation sits at $2B.
Who invested in d-Matrix?โ–พ
Known backers include Bessemer Venture Partners, Khosla Ventures, Silverton Partners, Lightspeed Venture Partners. These investors have supported the company through various funding rounds.
When did d-Matrix last raise funding?โ–พ
A Series C of $343M represents the most recent capital raise in June 2023. The round was led by Bessemer Venture Partners.
How many employees does d-Matrix have?โ–พ
Around 150 people work there, with headquarters in United States.
What does d-Matrix do?โ–พ
d-Matrix is an AI infrastructure company founded in 2019 that develops hardware and software solutions optimized for generative AI and large language model inference. The company designs specialized processors and system architectures to improve the efficiency and cost-effectiveness of deploying AI models at scale. Founded in 2019, d-Matrix is categorized under AI Infrastructure.
Who founded d-Matrix?โ–พ
Sid Sheth established the company in 2019. It's based in United States. Sid Sheth serves as Founder & CEO.
Is d-Matrix profitable?โ–พ
Profitability details aren't publicly disclosed. The company has raised $450M in total funding and is currently at the Series C stage.
Where is d-Matrix headquartered?โ–พ
Headquarters are in United States ๐Ÿ‡บ๐Ÿ‡ธ. The company operates in the AI Infrastructure sector and was established in 2019.