About Mattur
Mattur serves customers that need new electricity generation or backup capacity. It makes U.S.-built systems from smaller power units.
Mattur is based in Phoenix. Co-founders Kaleim Manji and Kris Kesler lead Mattur. Manji is chief executive officer, while Kesler is chief technology officer.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Sep 16, 2026 | Oct 19, 2026 | $974,867of $24.9M target | 6 | $162K | EquityRule 506(b) | Form D ↗ |
| Feb 5, 2026 | Apr 13, 2026 | $14,846,304of $16.3M target | 53 | $280K | EquityRule 506(b) | Form D ↗ |
| Total, two offerings | $15,821,171 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Rounds announced by Mattur
What the company said publicly about its funding. Announced amounts can differ from Form D figures: an announcement can combine several closings, and some money is raised without a Form D.
| Announced | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Feb 17, 2026 | Follow-on investment | Undisclosed | Outlier | Announcement ↗ |
Why Investors Backed Mattur
Mattur builds modular energy equipment. Its investment case centers on customers needing power sooner and in more flexible amounts. The design aims to make capacity additions more predictable and economical.
The problem it targets
Mattur’s view is that customers need fast deployment, predictable performance and lower lifetime cost. Older systems can add friction and overhead when capacity must grow. Rising electricity demand makes those constraints more pressing. Right-sized capacity is its answer to controlling operating costs.
What the product does
Mattur’s architecture uses power blocks that can scale in practical increments. Customers can match capacity to current needs, then add more as demand grows. The same approach covers portable power, backup power and utility-scale installations. Mattur expects right-sizing to reduce operating costs and make expansion easier.
Who backs it
Outlier founder and chief executive officer David Tedesco views Mattur’s design as an answer to demand for faster power. He expressed confidence in the team Manji and Kesler built. Outlier reports more than $1 billion in revenue, 1,000 locations and 12,000 team members. Tedesco also serves as Mattur’s chairman.
We wrote this summary from public statements by Mattur and its investors. It is not investment advice.
Mattur in the News
Leadership Team
Executive officers and directors listed on Mattur's Form D filed Oct 19, 2026.