# GridMatrix funding: rounds and investors

> GridMatrix has raised $100K across 1 round since 2025. Investors include Alumni Ventures, 8VC and Cota Capital. Every round with its source.

Source: https://millionrounds.com/company/gridmatrix (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *GridMatrix*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$100K** raised across 1 round since 2025, from 1 source

- **Latest round:** Grant, $100K May 2025
- **Investors:** 4

See who backed them

## The rounds

- **May 2025** Grant **$100K** [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [8VC](https://millionrounds.com/fund/8vc) [Cota Capital](https://millionrounds.com/fund/cota-capital) [Team Ignite Ventures](https://millionrounds.com/fund/team-ignite-ventures) Source recorded

## Founders and team

From GridMatrix's own website and the SEC filings it signed: 1 founder, 4 on the team.

**Nicholas D'Andre** Chief Executive Officer, Co-Founder

- **Eric Valasek** Chief Technology Officer
- **Darcy Hoellwarth** Executive Officer i
- **Nicholas D Andre** Executive Officer, Director i
- **Scott Hazard** Executive Officer, Director i

On the board, as filed i *Alex Moore* *Michael Areen*

## Everyone who backed them

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[8VC](https://millionrounds.com/fund/8vc) VC firm **1** round

[Cota Capital](https://millionrounds.com/fund/cota-capital) VC firm **1** round

[Team Ignite Ventures](https://millionrounds.com/fund/team-ignite-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=gridmatrix).

## Quick answers about GridMatrix

### Who invested in GridMatrix?

GridMatrix's investors include Alumni Ventures, 8VC, Cota Capital and Team Ignite Ventures.

### How much has GridMatrix raised?

GridMatrix has raised $100K across 1 round since 2025.

### When did GridMatrix last raise?

GridMatrix's most recent round was a Grant of $100K in May 2025.

### What was GridMatrix's biggest round?

Its most recent round, $100K in May 2025, is also its largest on record.

### Who backed GridMatrix first?

GridMatrix's first round on record, in May 2025, was backed by Alumni Ventures, 8VC and Cota Capital and 1 others.

### What stage is GridMatrix at?

GridMatrix's latest named round is a Grant, in May 2025.

### Where is GridMatrix based?

GridMatrix is based in the United States.

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