Corematrix Systems, LLC

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Corematrix Systems, LLC - overview

Location

Red Bank, NJ-New Jersey, US

Primary Industry

Software

About

CoreMatrix is a provider of innovative digital solutions that enhance operational efficiency and customer engagement for businesses. Their offerings are tailored to various sectors, focusing on seamless transactions and real-time communication. CoreMatrix operates from Red Bank, US. The company specializes in delivering advanced digital solutions to address industry challenges.


On October 14, 2013, CoreMatrix was acquired by Perficient, Inc. in a DEAL worth USD 21. 5 mn. The founder's history and prior ventures are not detailed.


CoreMatrix provides a suite of advanced digital tools aimed at improving operational efficiency and customer engagement. Their solutions cater to businesses in sectors such as retail, healthcare, and logistics, facilitating seamless transactions, data analytics, and real-time communication. These products are designed for a diverse clientele, including both small enterprises and large corporations, with a focus on markets in North America and Europe. CoreMatrix's revenue model includes direct-to-consumer sales and B2B partnerships, primarily using a subscription-based service structure.


Clients subscribe to the company's flagship products through customized agreements, often featuring tiered pricing based on usage levels. This model supports long-term client relationships and scalability as client needs evolve, driven by the adoption of their trademarked solutions. CoreMatrix is planning to leverage its recent funding from Perficient, Inc. to enhance its product offerings and expand into new geographic markets.


The company aims to launch new products designed to meet the evolving needs of its clientele. Additionally, they are considering expansions into specific international markets by 2015 to further broaden their reach. The recent funding is expected to support these initiatives, ensuring the company can continue to innovate and grow.


Current Investors

Perficient, Inc.

Primary Industry

Software

Sub Industries

Connectivity Software

Website

www.corematrix.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Corematrix Systems, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCorematrix Systems, LLC-

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