DeepMatrix Private Limited

Established in 2022 and based in Karnataka, India, DeepMatrix Private Limited operates as a software company that helps its clients visualize and monitor geospatial data. Naresh Soni (CEO) and Kaustubh Tripathi (CTO) are the co-founders of the company. In August 2024, DeepMatrix Private Limited raised USD 1. 6 million in pre-series A funding co-led by YourNest Capital Advisors and Arali Ventures.

The company’s product includes the FLY platform, which is an integrated, cloud-based solution designed to ingest, analyze, and visualize GIS data. This platform is data-agnostic, capable of managing diverse GIS data types in a single, user-friendly interface. FLY offers a range of features, including a browser-based interface, enterprise-grade security, and a GIS toolbox. The company’s solutions are tailored to meet the needs of various industries, enabling clients to improve safety, optimize operations, and ensure regulatory compliance.

DeepMatrix provides tools that empower businesses to visualize, analyze, and derive actionable insights from their geospatial data, whether it's digitizing assets in 2D/3D, monitoring mine progress in real-time, or developing 3D models for urban management. The startup generates revenue through its pricing plans, which include the standard plan for USD 50 per user per month and the enterprise plan for customized pricing. The organization plans to use the August 2024 funding to support its development and offer expansion.