Math2Market GmbH

What Math2Market GmbH does

Math2Market GmbH is a privately held German scientific software company founded in 2011 and headquartered in Kaiserslautern, Germany, with a US subsidiary (M2M North America Inc.). The company develops and commercializes GeoDict, a digital material laboratory simulation platform used for multi-scale 3D image processing, material modeling, visualization, property characterization, and simulation-based material development. GeoDict is built on a modular platform-plus-modules architecture organized into four functional layers — Import & Image Processing (ImportGeo-Vol with U-Net AI segmentation, ImportGeo-CAD), Image Analysis (MatDict, PoroDict, FiberFind/FiberFind-AI, GrainFind/GrainFind-AI), Material Modeling (FiberGeo, FoamGeo, GrainGeo, GridGeo, PaperGeo, PleatGeo, WeaveGeo), and Simulation & Prediction (BatteryDict, FilterDict, FlowDict, SatuDict, ElastoDict, ConductoDict, DiffuDict, AcoustoDict, AddiDict) — augmented by GeoDict-AI for custom neural network training, a pre-scripted GeoApps library, and an integrated material database. The platform serves R&D functions in batteries, fuel cells, electrolyzers, filtration, digital rock physics, composites/nonwovens, pharmaceuticals, and additive manufacturing.

GeoDict is monetized primarily through annual subscription licenses (node-locked or floating) and perpetual licenses with annual maintenance, with pricing scaled by module breadth and computing power required. Secondary revenue streams include paid validation projects (consulting to prove ROI before purchase), custom development services, client training programs (capped at 8 participants per session for quality), pre-configured GeoDict Workstations (Basic/Enhanced/Premium hardware bundles), cloud HPC access via GeoDict Cloud, and a discounted Academic Innovator Program providing all modules to universities and research institutes. The customer base spans over 450 organizations globally — including 450+ universities and research institutes plus industrial clients such as Cellforce Group, Alleima, Johns Manville, REPSOL, GKD (Gebr. Kufferath), and Reifenhäuser Reicofil — supported by an enterprise sales-led motion with validation-project-driven conversion.

The company is differentiated by a portfolio of proprietary solvers (LIR, EJ, SimpleFFT, FeelMath, BEST) purpose-built for materials simulation, the use of GeoDict as the basis for two ASTM International standards (E2814-18 and E3278-21), a body of over 900 peer-reviewed publications citing GeoDict over 20+ years, and AI capabilities that combine U-Net segmentation with proprietary synthetic-data training pipelines. Go-to-market is direct enterprise sales, augmented by an annual GeoDict Innovation Conference, trade show participation, online seminars, a YouTube channel, a user community forum, and a publishing program of open CT scan datasets. Math2Market has received public funding from the European Regional Development Fund (EFRE Rheinland-Pfalz) for business expansion and from the German Federal Ministry of Education and Research (BMBF) for the KI4MaterialModeling research project.

Name

Math2Market GmbH

Website

https://math2market.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Math2Market GmbH develops and sells GeoDict, a modular digital material laboratory simulation platform used by industrial R&D departments and universities for 3D image processing, microstructure modeling, and property prediction across batteries, filtration, fuel cells, composites, and digital rock physics.

Ownership category

akta.pro rank

Product category

Materials Simulation Software

NAICS

Geophysical Surveying and Mapping Services (541360), Surveying and Mapping (except Geophysical) Services (541370)

SIC

Laboratory Analytical Instruments (3826)

akta.pro primary industry

Dimensional Inspection Software (GD&T, SPC, Reporting) (IMAAAHAD)

akta.pro secondary industry

Support Generation & Lattice/Structure Design Tools (IMAAACAJ)

Keywords

• Material simulation software
• Digital material laboratory
• Computational material modeling
• 3D image processing
• Microstructure simulation

Headquarters

HQ city

Kaiserslautern

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Supply Chain

Revenue model

1. Software Licenses: GeoDict software sold as annual subscription (rental) or perpetual license purchase with annual maintenance. Node-locked and floating license options available. License pricing based on modules included and computing speed needed
2. Professional Services: Validation projects (paid consulting to analyze requirements and configure optimal GeoDict solution), consulting projects, and custom development work
3. Training Services: Client training sessions (in-house or on-site), online seminars, workshops, and GeoDict Learning Center access. Training limited to 8 participants for quality interaction
4. Hardware Sales: Sale of pre-configured GeoDict Workstations (Basic, Enhanced, Premium configurations) with bundled software maintenance. High-end systems for large dataset processing
5. Academic Licensing: Special academic pricing for universities with node-locked licenses including all modules at reduced annual rental cost

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Math2Market GmbH develops and sells GeoDict, a digital material laboratory simulation software for multi-scale 3D image processing, material modeling, visualization, material property characterization, and simulation-based material development. The platform combines AI-powered segmentation, proprietary numerical solvers, a material database, and pre-scripted GeoApps into a workflow used by industrial R&D departments and research institutions for batteries, fuel cells, filtration, digital rock physics, composites, and additive manufacturing.

Product overview

Math2Market GmbH's product portfolio is anchored by the GeoDict software platform — a comprehensive digital material laboratory for multi-scale 3D image processing, material modeling, visualization, material property characterization, and simulation-based material development and optimization. GeoDict is built on a modular, platform-plus-modules architecture: the GeoDict Base provides core GUI, file management, and general-purpose tools (GeoLab for MATLAB interface, GeoDexcel for result analysis, ProcessGeo for structure processing, LayerGeo for combining structures). From this foundation, specialized modules are organized into four functional categories: (1) Import & Image Processing — ImportGeo-Vol for CT/FIB-SEM scan import with AI segmentation (U-Net), ImportGeo-CAD for surface triangulation import; (2) Material Analysis — MatDict, PoroDict, FiberFind/FiberFind-AI (AI fiber identification), GrainFind/GrainFind-AI (AI grain identification); (3) Material Modeling & Design — FiberGeo, FoamGeo, GrainGeo, GridGeo, PaperGeo, PleatGeo, WeaveGeo; (4) Simulation & Prediction — AcoustoDict, AddiDict, BatteryDict, ConductoDict, DiffuDict, ElastoDict, FilterDict, FlowDict, SatuDict. Additional capabilities include GeoDict-AI for custom neural network training, GeoApps for pre-scripted specialized workflows (Battery Capacity Test, EIS, Gas Diffusion Layer, Compute Tortuosity, FiberMath, etc.), a Material Database, and MeshGeo/CAD export tools. GeoDict is delivered with cloud HPC options, professional services (consulting, training, validation projects), and flexible licensing (node-locked, floating, academic, trial). The company also organizes the annual GeoDict Innovation Conference.

Differentiator

Problem solved

Functional benefit

Brands

• GeoDict: Digital material laboratory simulation software for multi-scale 3D image processing, material modeling, visualization, and simulation-based material development
• GeoDict Academic Innovator Program
• GeoDict Cloud

Products and services

• GeoDict Digital Material Laboratory Flagship multi-scale simulation software platform serving as a digital material laboratory. Provides comprehensive tools for 3D image processing, material modeling, visualization, material property characterization, and simulation-based material development and optimization. Sold to industrial R&D departments and research institutions for batteries, fuel cells, filtration, digital rock physics, composites, and additive manufacturing.
• GeoApps Pre-scripted specialized applications that extend and customize GeoDict workflows for common materials science use cases including acoustic rock properties, battery capacity test, catalyst layer PEM fuel cell, electrochemical impedance spectroscopy, digital routine core analysis, gas diffusion layer, solid oxide electrode generation, upscaling relative permeability, granular twin generation, water condensation, nonwoven twin generation, MICP upscaling, two-phase flow hysteresis, bimodal anode/cathode, tortuosity, and FiberMath.
• GeoDict Cloud Solutions Cloud-based high-performance computing service for GeoDict that enables users to run simulations without owning or operating HPC hardware. Provides scalable computational resources through partnerships with cloud providers for material simulation projects.
• GeoDict Academic Innovator Program Special licensing program for researchers and students at universities providing full-featured GeoDict access at academic pricing with all modules included. Conditions include structure size limit of 1024³ voxels, parallelization up to 8 processes or 1 GPU, and forum-only support.
• GeoDict Consulting & Project Services Expert consulting engagements powered by GeoDict for smarter, faster material development. Includes validation projects, custom workflow development, and client-specific simulations delivered by Math2Market scientists and engineers.
• GeoDict Training (Client Trainings) Individual client training sessions tailored to customer needs, led by qualified scientists and engineers. Maximum 8 participants per session. Available at Math2Market offices or on-site. Participants receive a GeoDict certificate upon completion.
• GeoDict Trial License 14-day free trial license providing full access to all GeoDict modules with all features enabled. Includes access to tutorials, User Guide, and personal application support. Node-locked to the user's machine. For internal non-commercial evaluation only.
• GeoDict Validation License Pay-for-validation project delivering customer-specific GeoDict configuration recommendations. Includes technical support and access to the full training program for defined durations. Demonstrates ROI before full license purchase.
• GeoDict Workstations Pre-configured hardware workstations bundled with GeoDict software and one year of software maintenance. Three tiers: Basic, Enhanced, Premium, sized for handling large datasets. Includes accessories and a Viewer license for checking results on an additional computer during the maintenance period.

Quantifiable outcome

• Reduced laboratory testing time - simulations complete in days vs. 270+ days for laboratory experiments for relative permeability
• +2 more outcomes

Named customers12 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature7 records

Partnerships

13 partnerships are on record, tiered notable and minor.

• Reifenhäuser Reicofil GmbH & Co. KGnotableTechnology or IntegrationCollaboration providing µCT scan data of nonwoven samples for GeoDict algorithm development and validation. Nonwoven sample scan (15,363 x 3,960 x 2,112 voxels) used as benchmark for fiber identification algorithms. Patent WO 2020/103964 A1 uses GeoDict algorithms for proof of patentability.
• AFBW - Allianz Faserbasierte WerkstoffeminorOthersMembership in fiber-based materials industry alliance for professional networking and industry insight
• AFS - American Filtration and Separations SocietyminorOthersMembership in American filtration and separations society for professional networking
• CFR - Center for Filtration ResearchminorOthersPartnership with University of Minnesota Center for Filtration Research for academic collaboration
• CU - Composites United e.V.minorOthersMembership in Composites United industry association for composites industry networking
• DGMK - Deutsche Wissenschaftliche Gesellschaft für nachhaltige EnergieträgerminorOthersMembership in German scientific society for sustainable energy carriers, mobility and carbon cycles
• FVEU - Förderverein des Instituts für Energie- und UmwelttechnikminorOthersSupport association for Institute of Energy and Environmental Technology
• Interpore - International Society for Porous MediaminorOthersMembership in international society for porous media providing professional interaction and industry insights
• ModVal - Annual Symposium on Modeling and Experimental ValidationminorOthersPartnership with annual symposium on modeling and experimental validation of electrochemical energy technologies
• NAFEMS - International Association for Engineering ModellingminorOthersMembership in international association for engineering modelling, analysis and simulation community
• NC State University - The Nonwovens InstituteminorOthersPartnership with The Nonwovens Institute at NC State University for nonwovens research collaboration
• SCA - Society of Core AnalystsminorOthersMembership in Society of Core Analysts for digital rock physics and core analysis community
• SIAK - Science & Innovation Alliance KaiserslauternminorOthersMembership in Science & Innovation Alliance Kaiserslautern for regional innovation and collaboration

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Simpleware (Synopsys): Simpleware, part of Synopsys, offers 3D image-to-mesh software for materials characterization and FEA/CFD model generation. It overlaps with GeoDict's ImportGeo-Vol/ImportGeo-CAD and ExportGeo-Abaqus workflows.
• COMSOL: COMSOL Multiphysics is a general-purpose multiphysics simulation platform with add-on modules for porous media, batteries, and microstructure analysis. It competes head-to-head with GeoDict in materials R&D simulation workflows at universities and industrial labs.
• Volume Graphics (VGStudio Max): Volume Graphics provides 3D image processing and visualization software (VGStudio Max) for industrial CT data — the same core domain as GeoDict's ImportGeo-Vol and image-analysis modules. Direct overlap in non-destructive testing, materials science, and academic research.
• Thermo Scientific Avizo (Amira): Thermo Fisher's Avizo/Amira software is a 3D visualization and analysis platform for materials science and digital rock physics. It targets the same CT/FIB-SEM image-to-property workflow that GeoDict addresses, including porous media and battery research.

Broad incumbents

• Ansys: Ansys is a broad engineering simulation incumbent with multiphysics and materials tools (Ansys Granta MI) used by many of the same enterprise R&D departments that license GeoDict. It is the principal large-suite competitor for materials and process simulation budgets.
• Dassault Systèmes (SIMULIA): Dassault's SIMULIA portfolio (Abaqus, CST) and the 3DEXPERIENCE platform serve similar materials R&D and process simulation use cases. Abaqus is a frequent downstream solver in GeoDict export workflows, making it both a partner and competitor.
• Carl Zeiss (ZEISS Microscopy / ZEN Intellesis): ZEISS supplies electron and X-ray microscopes plus image-analysis software (ZEN Intellesis) for materials science. The microscopy/image-analysis side is adjacent to GeoDict's CT/FIB-SEM processing pipeline, and ZEISS is a common upstream hardware vendor for GeoDict users.

Emerging players

• Materialise: Materialise provides software and services for additive manufacturing, including material-process simulation and 3D printing workflow tools. It addresses the same digital-material R&D and additive-manufacturing buyers that GeoDict targets.
• nTopology: nTopology is an engineering design platform focused on lattice and implicit-geometry structures (TPMS, honeycombs) for advanced manufacturing. It overlaps with GeoDict's GridGeo and additive-manufacturing use cases but is positioned more on design than on property simulation.

Regional players

• GeoStru / Itasca (digital rock physics): Itasca and similar geomechanics vendors (e.g., Petroleum Experts' MOVE suite) provide digital rock physics and core-analysis simulation software used by REPSOL and other O&G customers. They compete with GeoDict in the digital core analysis workflow and relative-permeability simulation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/math2market
• YouTubeyoutube.com/@math2market
• LinkedInlinkedin.com/company/math2market-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Math2Market GmbH