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Distancematrix.ai is a software development company that provides a Distance Matrix API for computing distance and travel time. They offer a service that reduces the cost-distance calculation by 5 times. They also have a Maps JavaScript API for Distance Matrix Service. The company is based in Kharkiv.
Last updated
In 2024, Distancematrix.ai's revenue reached $281.2K. The company previously reported $139.4K in 2023. Since its launch in 2019, Distancematrix.ai has shown consistent revenue growth.
Distancematrix.ai reached a $843.5K valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $843.5K | - |
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We do not have customer count information for Distancematrix.ai yet.
Distancematrix.ai employs approximately 10 people as of 2026, up from 8 in 2023.
Distancematrix.ai generates an estimated $281.2K in annual revenue.
Distancematrix.ai was founded by Yevhen Musiienko.
The CEO of Distancematrix.ai is Yevhen Musiienko.
Distancematrix.ai raised $0.
Distancematrix.ai has 10 employees.
Distancematrix.ai is headquartered in Kharkiv, Ukraine.
Distancematrix.ai operates across multiple industries. Browse revenue, funding, and growth data for Distancematrix.ai in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profileValuation
$843.5K
2024 Revenue
$281.2K(Est.)
Funding
$0
Team
10
Founded
2019
| Year | Milestone | Source |
|---|---|---|
| 2024 | Distancematrix.ai Hit $281.2k revenue in October 2024 | Estimated |
| 2023 | Distancematrix.ai Hit $139.4k revenue in December 2023 | Estimated |
| 2021 | Distancematrix.ai Hit $101.9k revenue in April 2021 | |
| 2019 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 10 employees (October 2024) | |
| 2023 | Reached 8 employees (December 2023) | |
| 2022 | Reached 6 employees (December 2022) | |
| 2021 | Reached 7 employees (December 2021) | |
| 2021 | Reached 5 employees (April 2021) |
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