Matia: A Miami-Based Data Management Startup
Matia is miami-based data management startup founded by two brothers in 2023. The startup develops, software tools for companies to simplify the way they collect, catalog, and unify their datasets.
Revolutionizing Data Management Tools
Although there are many data management tools in the market, Matia aims to create a single platform which where companies can compile their datasets.
The two brothers behind Matia are Benjamin Segal and his brother Gevaz Segal.
$10.5 Million Raised in Seed Funding
Recently, they just emerged and raised $10.5 million alone from seed funding. The astonishing part is how they were able to raise the capital conveniently.
“We’re making data collaborative and easier to interact with. Essentially, our platform allows people to communicate the same language with data.” – Benjamin Segal, Co-founder and CEO of Matia
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Early Customers and Market Interest
As per the startup’s pitch deck report, Matia has about four early customers and 10 companies who are showing “strong interest.” It seems that the customers consist from fintech companies Ramp and Obligo.
The seed funding round was backed by Leaders Fund and Secret Chord Ventures along with the participation from Cerca Partners and Caffeinated Capital.
As per Matia, the raised fund will focus on expanding the startup’s head count in it’s research and development division, and its go-to-market team.
“For us, it was about finding the right investors to take us to the next level, not the ones who were going to give us the highest valuation.” – Benjamin Segal, Co-founder and CEO of Matia
Pitch Deck’s Role in Securing Funding
Not only that, Benjamin attributes the success of the pitch to the presentation which helped to convey their words more easily.
Here’s the 11-slide presentation the pitch-deck used to secure their recent funding effectively:
As per Benjamin Segal, the market was very interested in data and AI solutions, which resulted in the startup receiving multiple offerings in the round.
