By Riley Kaminer
At the heart of Miami’s tech scene, a data startup is quietly reshaping how companies handle their data. Matia, which is just emerging from stealth, today announced that it has raised $10.5 million in seed funding to take its ambitious ideas forward.
Founded in 2023 by Benjamin Segal and his brother Geva, Matia focuses on an increasingly crucial issue for businesses today: managing data in a way that enables effective use in AI applications. With businesses of all sizes rushing to adopt AI, they often find themselves stymied by the complex task of gathering and integrating the diverse datasets needed to make AI work.
“We’re making data collaborative and easier to interact with,” CEO Segal told Business Insider, “Essentially, our platform allows people to communicate the same language with data.”
The value of Matia’s approach lies in its simplicity. Rather than adding another layer to the existing stack of data management tools, Matia has built a single platform designed to centralize the many facets of data collection, cataloging, and integration. The founders believe this is essential for companies looking to maximize the benefits of their AI-driven operations.
Matia’s platform not only brings all of a company’s data together in one place but also catches and corrects errors and anomalies in datasets — a step that can make or break AI results. “You need to aggregate the data in one place,” Segal emphasized, describing how this approach makes it possible for technical and non-technical team members alike to engage with and leverage data in real time.
The idea struck a chord in the market. With interest in AI solutions surging, Matia quickly garnered attention and secured multiple term sheets before selecting the right investors. “For us, it was about finding the right investors to take us to the next level,” Segal noted, adding that the decision was less about maximizing valuation and more about aligning with backers who shared their long-term vision. Leading the round were Leaders Fund and Secret Chord Ventures, with additional support from Cerca Partners and Caffeinated Capital.
Matia’s pitch to investors focused a clear and direct message: companies need a straightforward, collaborative tool to manage the vast and varied data streams that fuel AI. The startup’s solution resonated, and the company emerged with four early clients, including fintech players Ramp and Obligo, and ten others expressing “strong interest” in adopting their technology. This initial traction signals demand from sectors where AI is becoming essential, yet data management still holds back widespread adoption.
The brothers have ambitious plans for Matia. Armed with fresh capital, they intend to scale both their research and development and go-to-market teams. Their goal is to deliver a solution that not only adapts to the current AI landscape but also evolves as AI applications continue to advance. Ultimately, Matia’s approach of bridging the gap between technical and non-technical users is a vision to make data-driven collaboration accessible across the board.
Image at the top: Matia co-founders Benjamin and Geva Segal.
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