---
title: "Intelmatix raises $20m Series A for EDIX decision-intelligence platform"
url: "https://cicadaconsultancy.online/en/news/intelmatix-series-a-2024"
language: "en"
event_date: "2024-07-30"
published: "2026-10-03"
last_verified: "2026-10-03"
category: "Startups"
publisher: "Cicada (cicadaconsultancy.online)"
license: "CC BY 4.0"
---

# Intelmatix raises $20m Series A for EDIX decision-intelligence platform

- Event date: 30 July 2024 (2024-07-30)
- Topic: Startups
- In this story: Intelmatix, Shorooq Partners, SVC, STV
- URL: https://cicadaconsultancy.online/en/news/intelmatix-series-a-2024

Saudi deep-tech company Intelmatix raised a $20 million Series A on 30 July 2024, led by Shorooq Partners. Participants included Saudi Venture Capital Company (SVC), Saudi Technology Ventures (STV), Olayan Financing, Sultan Holdings, Zain Ventures and the Rua Growth Fund. Founded in 2021 by MIT graduates, the company sells the EDIX enterprise decision-intelligence platform.

## Key figures

- round size: $20 m

## Sources

1. [Saudi deeptech Intelmatix scores $20 million Series A](https://www.wamda.com/2024/07/saudi-deeptech-intelmatix-scores-20-million-series-a) — Wamda, 2024-07-30

Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.

---

Cicada · The signal in Saudi AI.
License: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/) · Full archive for language models: https://cicadaconsultancy.online/llms-full.txt