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How Matrix42 CEO Oliver Bendig grew Matrix42 to $21.6M revenue and 5K customers in 2021.

Matrix42 is a provider of IT workspace software. The company provides a centralized and automated platform that provides authenticated access to workspaces across aggregated physical, virtual and mobile environments. It was founded in 1992 and is headquartered in Frankfurt, Germany. The company seeks to strengthen and expand the company's core business through acquisitions.

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Matrix42 Revenue

In 2021, Matrix42's revenue reached $21.6M. Since its launch in 1992, Matrix42 has shown consistent revenue growth.

Matrix42 Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M1992199419961998200020022004200620082010201220142016201820202021$0$22MSource: GetLatka.com
YearMilestone
2021Matrix42 Hit $21.6m revenue in April 2021
1992Launched with $0 revenue

Matrix42 Valuation, Funding Rounds

Matrix42's most recent disclosed valuation is $64.9M.

Matrix42 is a bootstrapped ServiceNow Marketplace Apps startup. Founded in 1992, Matrix42 has grown to $21.6M in revenue without raising any venture capital or outside funding.

As a self-funded ServiceNow Marketplace Apps SaaS company, Matrix42 has built its business with no outside investment.

Matrix42 Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119921992 cumulative: $0 • 1992 Founded: $01992 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Matrix42 Employees & Team Size

Matrix42 employs approximately 278 people as of 2026.

Matrix42 has 278 total employees in different roles and functions and 6 sales reps that carry a quota. They have 5K customers that rely on the company's solutions.

Matrix42 Team GrowthReported headcount over time060120180240300199219941996199820002002200420062008201020122014201620182020202100278278Source: GetLatka.com
YearMilestone
2021Reached 278 employees (April 2021)

Founder / CEO

Oliver Bendig

Oliver Bendig is listed as Founder / CEO at Matrix42.

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Customers

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Frequently Asked Questions about Matrix42

What is Matrix42's revenue?

Matrix42 generates $21.6M in revenue.

Who founded Matrix42?

Matrix42 was founded by Oliver Bendig.

Who is the CEO of Matrix42?

The CEO of Matrix42 is Oliver Bendig.

How much funding does Matrix42 have?

Matrix42 raised $0.

How many employees does Matrix42 have?

Matrix42 has 278 employees.

Where is Matrix42 headquarters?

Matrix42 is headquartered in Frankfurt, Hessen, Germany.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Matrix42 Revenue 2021: $21.6M ARR, $64.9M Valuation