MathWorks
- Company typePrivate
- Founded1984
- HeadquartersNatick, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingSoftware
MathWorks firmographics
Firmographics- Name
- MathWorks
- Legal name
- The MathWorks, Inc.
- Website
- https://mathworks.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
MathWorks industry classification
Industry- Product category
- Engineering Simulation Software
- akta.pro primary industry
- Math & Science Interactive Learning Platforms (STEM Core) (EDAFANAH)
- akta.pro secondary industries
- Math & STEM Learning Technology (incl. Coding/Robotics Platforms) (EDAJAMAG), Coding & Programming Learning Platforms (EDAFANAA)
Keywords
Where MathWorks is headquartered
LocationHeadquarters
- HQ city
- Natick
- HQ country
- United States
- HQ region
- North America
Offices16 records
Markets served
MathWorks business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Software Licenses and Subscriptions: MathWorks generates the majority of revenue through software licensing. The company offers perpetual licenses and subscription (time-based) licenses for MATLAB, Simulink, and its extensive toolboxes. Pricing is typically organization-wide or per-seat, with academic and home use variants. Enterprise agreements are negotiated directly with sales teams.
- Training and Certification: MathWorks offers instructor-led and self-paced training courses on MATLAB and Simulink. Training is priced per course or through subscription plans. Professional certification exams (Certified MATLAB Associate, Certified Simulink Associate, Certified MATLAB Professional) provide additional revenue and credentialing services.
- Professional Services and Consulting: Customized training, consulting engagements, and technical service engagements for organizations requiring tailored adoption support, workflow integration, or domain-specific expertise.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Commercial Enterprise Licenses |
| Subscription | Annual | Academic Site Licenses |
| Subscription | Annual | Student/Home Use Licenses |
| Other | Pay-as-you-go | Training Courses |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels9 records
MathWorks product offering
Product offeringCore offering
MathWorks develops and licenses MATLAB (a high-level language and interactive environment for numerical computation, algorithm development, and data analysis) and Simulink (a block diagram environment for multidomain simulation and Model-Based Design), along with a broad portfolio of domain-specific toolboxes and blocksets for industries including automotive, aerospace, industrial automation, wireless communications, robotics, and embedded systems.
Product overview
MathWorks develops a comprehensive platform of mathematical computing software centered on two flagship products: MATLAB (a high-level language and interactive environment for numerical computation, algorithm development, and data analysis) and Simulink (a block diagram environment for multidomain simulation and Model-Based Design). The platform follows a modular architecture where the core MATLAB and Simulink environments are extended through specialized toolboxes and blocksets organized by domain (AI and Statistics, Physical Modeling, Signal Processing, Wireless Communications, Control Systems, Robotics, Automotive, Aerospace, and Verification). The product portfolio includes AI-powered copilots (MATLAB Copilot, Simulink Copilot, Polyspace Copilot) and Agentic Toolkits that embed generative AI capabilities into engineering workflows. Code generation products (Embedded Coder, HDL Coder, GPU Coder) enable deployment from simulation to embedded hardware. Physical modeling products (Simscape family) support multidomain system simulation. Cloud-based access is provided through MATLAB Online and Simulink Online. The ecosystem is further extended through hardware support packages, certification kits for safety standards (DO-178, ISO 26262, IEC 61508), and educational tools including MATLAB Course Designer and MATLAB Grader.
Differentiator
Problem solved
Functional benefit
Brands
- MATLAB: A high-level language and interactive environment for numerical computation, visualization, and programming.
- Simulink
- Polyspace
Products and services
- MATLAB Mathematical computing environment and programming language for engineers and scientists, providing a platform for algorithm development, data analysis, visualization, and numeric computation.
- Simulink Block diagram environment for multidomain simulation and Model-Based Design, enabling simulation of dynamic systems, automatic code generation, and test and verification workflows.
- MATLAB Copilot Generative AI assistant integrated into MATLAB providing AI-powered chat, code autocompletion, and debugging assistance sourced from MathWorks documentation.
- Simulink Copilot AI assistant for Simulink that shortens time to understand models and diagnose errors, providing advice and task automation for Model-Based Design.
- Polyspace Static analysis and code verification product family including Bug Finder, Code Prover, Test, and Access for identifying software bugs and proving absence of run-time errors in embedded systems.
- Simscape Physical modeling environment for simulating multidomain physical systems including electrical, mechanical, hydraulic, and thermal components, with extension products for batteries, drivelines, fluids, and multibody systems.
- Embedded Coder Generate optimized C and C++ code from MATLAB and Simulink models for embedded systems deployment with traceability and verification support.
- HDL Coder Generate Verilog, SystemVerilog, and VHDL code from MATLAB and Simulink designs for FPGA and ASIC implementation.
- GPU Coder Generate optimized CUDA code from MATLAB algorithms for GPU acceleration in deep learning and parallel computing applications.
- MATLAB Online Browser-based access to MATLAB through cloud infrastructure, enabling work without local installation.
- Simulink Online Browser-based access to Simulink for collaborative model development and simulation.
- MATLAB Agentic Toolkit Integration toolkit enabling MATLAB functionality to be used in agentic AI workflows with large language models and AI agents.
- Simulink Agentic Toolkit Integration toolkit enabling Simulink functionality to be used in agentic AI workflows for automated Model-Based Design.
- MATLAB Course Designer Cloud-based platform for educators to build interactive MATLAB and Simulink learning experiences including courseware, labs, and assessments.
- MATLAB Grader Automatically grade coding assignments in any learning environment with support for formative and summative assessments.
- DO Qualification Kit Qualification artifacts for using Polyspace tools in DO-178 certified aviation software development.
- IEC Certification Kit Qualification and certification support for ISO 26262 (automotive) and IEC 61508 (industrial) safety standards.
- Renesas Hardware Support Packages Hardware support packages for Renesas RH850/U2A automotive microcontroller and RA6T2 industrial microcontroller, enabling automated build, flashing, and on-target execution from Simulink for EV motor control, ADAS, and industrial motion control.
- MathWorks Training and Certification Instructor-led and self-paced training courses on MATLAB and Simulink, plus professional certification exams (Certified MATLAB Associate, Certified Simulink Associate, Certified MATLAB Professional).
- MathWorks Professional Services Customized training, consulting engagements, and technical service engagements for organizations requiring tailored adoption support, workflow integration, or domain-specific expertise.
Quantifiable outcome
- Ather Energy reduced prototype counts to roughly a third using model-based design with MATLAB and Simulink
- +3 more outcomes
Companies that use MathWorks
Customer profileNamed customers13 records
Segments12 records
Ideal customer profiles5 records
MathWorks technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability8 records
Feature11 records
MathWorks partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor, core and flagship.
- BQP (Quantum-Native Engineering Simulation)minorMathWorks is listed as an enterprise technology partner alongside NVIDIA, IBM, and Intel in BQP's participation in the Advancing Regional Quantum Hubs Act ecosystem in Upstate New York. BQP is developing quantum-native engineering simulation software and positions MathWorks within a collaborative network of defense organizations (AFRL Rome) and major technology companies accelerating quantum commercialization.
- Renesas ElectronicscoreMathWorks launched new Hardware Support Packages integrating MATLAB and Simulink with Renesas RH850/U2A (automotive microcontroller) and RA6T2 (industrial-control microcontroller). The collaboration, part of the MathWorks Connections Programme, enables automated build, flashing, and on-target execution, eliminating manual toolchain configuration for automotive EV motor control, ADAS, and industrial motion control applications.
- EcoCAR Innovation Challenge (DOE, Argonne National Laboratory, General Motors, Stellantis)flagshipMathWorks serves as the official technology partner for the EcoCAR Innovation Challenge, the 15th installment of the U.S. DOE's Advanced Vehicle Technology Competitions series. This is the first collaboration between two major automakers (GM and Stellantis) in the same AVTC series in over 25 years. MathWorks provides Model-Based Design and simulation workflows used by 20 university teams to develop intelligent mobility solutions incorporating AI, machine learning, exascale computing, electric motor systems, and high-voltage batteries. Georgia Tech won Year Four of EcoCAR in 2026.
- Edge AI FoundationcoreMathWorks joined the Edge AI Foundation, a non-profit organization focused on energy-efficient AI for edge and embedded devices. Through this collaboration, MathWorks provides engineers with end-to-end workflows spanning AI model training, system-level simulation, multi-target code generation (C/C++, CUDA, HDL), and compression techniques for deploying AI to embedded hardware. The foundation brings together industry, researchers, and practitioners including over 100 Fortune 500 technology companies.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
MathWorks competitors and assessment
Company assessmentDirect peers
- ANSYS: Engineering simulation and CAE software leader with multiphysics solvers (mechanical, fluid, electronic) used across automotive, aerospace, and industrial customers. Direct competitor to MathWorks in simulation, with overlapping automotive and aerospace workflows — recently acquired by Synopsys.
- Dassault Systèmes: Provider of 3DEXPERIENCE platform including CATIA (CAD), SIMULIA (CAE), and ENOVIA (PLM). Directly competes with MathWorks' Model-Based Design approach in automotive, aerospace, and industrial systems engineering, with overlapping multiphysics simulation capabilities.
- Wolfram Research: Developer of Mathematica, Wolfram Alpha, and the Wolfram Language — a mathematical computing and symbolic programming environment. Most direct conceptual competitor to MATLAB in mathematical/numerical computing, with overlap in academic and scientific research use cases.
- PTC: Provider of Creo (CAD), Windchill (PLM), and ThingWorx (IoT/AR) for product development and digital thread workflows. Competes with MathWorks in systems engineering and digital twin use cases, with overlapping automotive and industrial customer bases.
- Altair Engineering: CAE, optimization, and high-performance computing software used in automotive, aerospace, and industrial design. Direct competitor in simulation and design exploration, recently acquired by Siemens — comparable in scale and customer base to MathWorks' simulation business.
- Hexagon (MSC Software): Provider of MSC Nastran, Adams, Marc, and Actran CAE software for structural, multibody dynamics, and manufacturing simulation. Direct competitor in advanced engineering simulation for automotive and aerospace customers, often compared alongside MathWorks in Model-Based Design.
Broad incumbents
- Siemens Digital Industries Software: Broad engineering software portfolio including NX (CAD), Simcenter (CAE/1D-3D simulation), Teamcenter (PLM), and now Altair. Larger, broader incumbent in systems engineering and digital twin workflows, directly overlapping with MathWorks in automotive simulation and Model-Based Design.
- Cadence Design Systems: Electronic Design Automation (EDA) and computational software for semiconductor and systems design. Adjacent competitor in electronic system design and signal processing, with overlap in MathWorks' semiconductor and communications customer workflows.
- Autodesk: Provider of AutoCAD, Fusion 360, Inventor, and increasingly simulation tools across manufacturing, AEC, and entertainment. Broad incumbent in design and engineering software with growing CAE capabilities — adjacent competitor in design-to-simulation workflows.
Emerging players
- Maplesoft: Developer of Maple — symbolic and numeric mathematical computation software used in engineering and academia. Niche direct competitor to MATLAB primarily in symbolic math and academic settings, much smaller scale but with overlapping educational and research use cases.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
MathWorks social profiles
Digital presenceMathWorks financial estimates
Financial estimateRevenue estimate
Valuation estimate
MathWorks leadership team
Management profileNumber of profiles
Profiles10 records
MathWorks subsidiaries and ownership
Company hierarchySubsidiaries1 record
MathWorks funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MathWorks M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MathWorks
What does MathWorks do?
MathWorks develops and licenses MATLAB (a high-level language and interactive environment for numerical computation, algorithm development, and data analysis) and Simulink (a block diagram environment for multidomain simulation and Model-Based Design), along with a broad portfolio of domain-specific toolboxes and blocksets for industries including automotive, aerospace, industrial automation, wireless communications, robotics, and embedded systems.
Is MathWorks a public or private company?
MathWorks is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MathWorks founded?
MathWorks was founded in 1984. It employs 5,001 to 10,000 people.
Where is MathWorks based?
MathWorks is headquartered in Natick, United States, in the North America region.
How does MathWorks make money?
Three revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are training and Certification and professional Services and Consulting.
Who are MathWorks's main competitors?
Direct peers on record are ANSYS, Dassault Systèmes, Wolfram Research, PTC, Altair Engineering and Hexagon (MSC Software). Broad incumbents are Siemens Digital Industries Software, Cadence Design Systems and Autodesk. Maplesoft is listed as an emerging player.
Does MathWorks have an API?
Yes. MathWorks offers Python interoperability through MATLAB Engine API for Python, enabling Python developers to call MATLAB functions directly. The R2026a release introduced MATLAB MCP Core Server and MATLAB Agentic Toolkit for agentic AI workflows. The platform supports integration with frameworks including PyTorch, TensorFlow, ONNX, and XGBoost for embedded AI model training and deployment. Developer documentation is at www.mathworks.com/help.
What industry is MathWorks in?
MathWorks's product category is Engineering Simulation Software. Its primary akta.pro industry code is EDAFANAH, Math & Science Interactive Learning Platforms (STEM Core), with a secondary code of EDAJAMAG, Math & STEM Learning Technology (incl. Coding/Robotics Platforms).