Investor Connect 833: Family Office Roundtable - April 2025 Part 02

On this episode of Investor Connect, we welcomed Mike Green and Nicholas, the co-founders behind Grid Matrix, a cutting-edge infrastructure intelligence company turning city sensors into powerful tools for real-time decision-making. Mike walked us through how Grid Matrix is using AI and computer vision to help large-scale operators—like airports, ports, and municipalities—optimize operations by turning existing infrastructure, such as legacy cameras, into smart, scalable data networks. No new hardware needed. With $550K in 2024 revenue and nine paying customers including the Port Authority of New York and New Jersey and Dallas-Fort Worth Airport, the company is already proving traction and real-world value. Mike highlighted how Grid Matrix is tackling a trillion-dollar civil engineering market, offering governments and infrastructure managers the ability to answer questions they couldn't before: curbside management, emissions tracking, pedestrian safety, cargo visibility, and more. Instead of installing costly new systems, their platform plugs into what's already there—turning passive sensors into active intelligence. Their "crawl, walk, run" model starts with pilot deployments and quickly scales as trust and data value build, and their 100% customer retention rate is a powerful signal of product stickiness and strong fit in a space known for long sales cycles. Backed by 8VC and with a priced round at a $9.2M pre-money valuation, Grid Matrix has already closed $2.2M and is filling the final $1M of this raise. With government interest in smart infrastructure growing and a pipeline of projects and RFPs accelerating, Grid Matrix is well-positioned for expansion. Learn more about the company and the raise at https://www.gridmatrix.com, and to explore funding opportunities with 10 Capital, visit https://www.tencapital.group. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact [email protected] Please follow, share, and leave a review. Music courtesy of Bensound.