By UpMarket Research | Last updated: September 2026
CEO Sid ShethFounded 2019HQ Santa Clara, US
d-Matrix is a private semiconductor company building AI inference chips and software for data centers. It focuses on ultra-low-latency, energy-efficient compute for generative AI workloads and enterprise customers.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
$2B
Previous Price
Corporate Minority Apr 2025
How to Invest in d-Matrix Through UpMarket
d-Matrix shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available d-Matrix offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
${{aum_amount_brokered_en}}B+
UpMarket has brokered over ${{aum_amount_brokered_en}} billion in alternative investments*
*Includes principal invested and appreciation of investments originated via the UpMarket platform based on historical trade volume and valuation estimates through {{aum_as_of_date_en}}. Of the total, approximately ${{aum_amount_managed_en}} million is managed by UpMarket Management, with the remaining originated investments managed by affiliates. Past performance is not predictive of future results.
Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Nov 2025
Series C
$17.98
$2B
Apr 2025
Corporate Minority
Sep 2023
Series B
Apr 2022
Series A
Dec 2020
Seed VC
d-Matrix Revenue and Growth
Annual revenue
Why Investors Are Watching d-Matrix
Product Milestone
d-Matrix Corsair enters full production for priority customers
d-Matrix said its Corsair inference accelerator platform entered full production on June 9, 2026, with volume shipments to priority customers. The company frames Corsair as a low-latency AI inference platform for data centers.
Growth Signal
d-Matrix raised $275 million at a $2 billion valuation
In November 2025, d-Matrix closed a $275 million Series C round, bringing total funding to $450 million and valuing the company at $2 billion. The company said the capital will support roadmap execution, global expansion, and multiple large-scale deployments.
Market Opportunity
d-Matrix targets inference demand beyond GPUs and chatbots
CNBC reported in June 2026 that d-Matrix is pursuing AI inference chips for data centers, with Microsoft among backers through M12. The company’s next chip, Raptor, is scheduled for 2027 on TSMC 4 nm, showing a multi-generation roadmap.
Interested in d-Matrix stock? Fill out the form above or sign up directly. Subject to availability. Accredited investors only.
UpMarket curates and conducts independent diligence on every investment opportunity before it reaches the platform.
Strategy, fees & legal reviewed in full
We review every offering's strategy, risk management, liquidity, fees, valuation methodology, tax matters, and all third-party providers: legal counsel, auditor, administrator, and custodian.
Disciplined managers only
We offer investments exclusively from disciplined managers that pursue unique strategies across an array of asset classes.
Built around your objectives
Our goal is to empower you to build a portfolio that best meets your individual investment objectives.
No. As of August 2026, d-Matrix is a private company and does not trade on any public stock exchange. Accredited investors can access d-Matrix shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
d-Matrix does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in d-Matrix shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered more than $500M in alternative investments since 2019.
Pre-IPO investments carry significant risks. d-Matrix shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
d-Matrix builds AI inference chips and software for data centers, generating $380M in 2024 revenue, with Corsair entering full production for priority customers, accredited investors can access d-Matrix stock through UpMarket.