# Matrix Requirements Pricing: Huge Price Increase, 2026 Update Author: Dr. Oliver Eidel Published: 2024-12-09 Updated: 2026-05-18 Source: https://openregulatory.com/articles/matrix-requirements-pricing --- What's the Matrix Requirements pricing like in 2026? The company made multiple significant changes to its pricing structure, and multiple customers of ours have kindly provided us with helpful data points. In short, we are aware of at least two distinct changes to the Matrix Requirements pricing: The 2024 price increase, and the automatic 5% yearly price increase which we first became aware of in 2026. Before we look at the substantial 2024 price increases, let's look at the 2026 changes we were recently made aware of: Matrix Requirements 2026 Price Changes After raising prices in 2026, Matrix Requirements raised prices again some time between 2025 and 2026. All in all, prices went up 10-20% again. Crazy. See further below for screenshots and numbers. Besides the new price increase in 2026, Matrix Requirements also made two changes to its pricing structure in general: • New companies purchasing their software would receive a 50% discount (!) for their first year, but starting with the second year, that discount would disappear and they'd be billed at the full price; • There would be an automatic 5% yearly price increase, with an unlimited duration. This means that your subscription price would increase 5% every year, and those increases obviously compound, so you're e.g. looking at a substantial price increase a few years down the line. While the 2024 price increases surprised us and initially made us aware of the fact that Matrix Requirements had been sold to a private equity investment company as we wrote about here, the 2026 price increases (unfortunately) follow the same playbook: Lock people in with an extremely attractive 50% discount, and then hit them with repeated yearly 5% price increases. Imagine that - 5% yearly prices increases, for life! I can't think of any company which respects it customers which would come up with that sort of regular price increases, especially given the fact that these happen every year by default. Crazy. Anyway, before we move on to the 2024 price increases, I do think it's worth noting that we offer a way cheaper and more transparently-priced alternative: Formwork. And we offer free migrations! We've successfully migrated customers from Matrix Requirements to Formwork, and both the humans and their bank accounts were really happy. Anyway, onwards to the 2024 price increases, which is an interesting story.. 2024 Price Increases One of our customers kindly alerted us to something crazy which has been going on, and we're the first website to report on this. Here's what they wrote: “ We’re currently with matrix requirements and just got an email that they’re retiring the Startup Essentials package we’re on and forcing us onto a higher tier.  So what the hell is going on here? We investigated a bit, and looking at some changes Matrix Requirements made to their pricing recently, it becomes quite clear.” Take a look - this was the Matrix Requirements pricing page in mid-2024: [Matrix Requirements Pricing in mid-2024.] As you can see, while their software is not cheap, it does offer (somewhat) reasonable entry-level plans: The Essential plan at 390€ / month with 3 seats, and the Team plan at 580€ / month, also with 3 seats. But take a look at how the pricing page looks now, in December 2024 (link): [Matrix Requirements pricing in 12/2024.] Update: Matrix Requirements actually raised their prices again - here's the pricing table in May 2026: [Matrix Requirements pricing in 05/2026] Yikes! So what happened here? First off, it looks like they entirely scrapped the entry-level Essential plan which was 390€ / month. So, for early-stage startups, they no longer offer realistic pricing options any more. But it gets even worse: They significantly hiked the prices for all other packages, too. Summary of 2024 pricing changes • The Team package went from 580€ to 610€ per month • The Company package went from 880€ to 920€ per month • The Enterprise package went from 2130€ to 2240€ per month. And then, after the 2024 price increases, Matrix went on to increase prices again some time between in 2025 or 2026: Summary of 2026 pricing changes • The Team package went from 610€ to 710€ per month and is now called "Team Plus" (?) • The Company package went from 920€ to 1090€ per month and is now called "Company Plus" (?) • The Enterprise package went from to 2240€ to 2600€ per month and is now, you guessed it, called "Enterprise Plus". While all of those price hikes are not huge, the general purpose is clear: They want to make more money, and they want to focus on large companies, screwing small startups over in the process. The repeated price hikes in 2024 and 2025-2026 also show that this is likely not about covering increased costs due to inflation, but simply to increase their bottom-line profits. And what happens to existing customers? One Matrix Requirements customer told us that existing customers will be forced to upgrade to one of the more expensive tiers. Wow. That's not right. From the standpoint of a business owner, I can somewhat understand them - offering software to startups is certainly not a high-revenue business, and it's simply the path of least resistance to target mid-size and large companies instead. They simply have more money. The "Enterprise Trap" Of Software Pricing Generally speaking, if you get to choose between one enterprise customer paying you 10k€ per month or 20 startup customers paying you 500€ per month, most businesses would go for the enterprise. That's because offering customer support and onboarding to 20 startups is usually (much) more work than to one enterprise. And given that Matrix Requirements was, for the most part, acquired by a private equity (PE) firm a while ago, this was to be expected - those companies try to buy companies at a "bargain" price, only to pull the levers which yield the biggest increase in company valuation, only to "flip" (sell) it later at a higher price again. While all of that sounds borderline evil (it mostly is - PE has a bad reputation for a reason), this had to be expected once the Matrix Requirements founders sold their company. Hence the Matrix Requirement pricing increase. And it happens to many software companies - servicing small startups is simply not very profitable. But here's the thing: We chose to be different when we build our own eQMS software, Formwork. Instead of focusing on the "big bucks", we're focusing on startups. All our Formwork pricing tiers include unlimited (!) users, so you're not constrained to only three (!) seats on the Matrix Requirements plan. Also, at only 499€ / month, it's now literally cheaper than the cheapest Matrix Requirements plan. That's amazing! And, best of all, it doesn't look like Windows 95 (Matrix Requirements still does). So, if you haven't yet, take a look at moving to Formwork - you won't regret it. You can export your data any time, and many of our customers have already passed EU MDR and FDA certifications. If you're a startup, we'll always be there to support you!