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Founded Year

2011

Stage

Reverse Merger | IPO

Total Raised

$175.72M

About Matterport

Matterport (NASDAQ: MTTR) operates a spatial data company. The company's spatial computing platform creates digital representations of physical spaces such as homes, offices, hotels, factories, and shops. It serves industries such as real estate, manufacturing, travel, and more. The company was founded in 2011 and is based in Sunnyvale, California.

Headquarters Location

352 East Java Drive

Sunnyvale, California, 94089,

United States

888-993-8990

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Matterport's Product Videos

Matterport's Products & Differentiators

    Matterport Digital Twin Platform

    Our digital twin platform is a SaaS subscription service that empowers subscribers worldwide to quickly, easily and accurately digitize, customize and manage interactive and dimensionally accurate digital twins of their buildings and spaces. The Matterport platform is designed to work with a wide range of LiDAR, spherical, 3D and 360 cameras, as well as smartphones, to suit the capture needs of all of our subscribers. This provides the flexibility to capture a space of any size, scale, and complexity, at anytime and anywhere.

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Expert Collections containing Matterport

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Matterport is included in 9 Expert Collections, including AR/VR.

A

AR/VR

1,422 items

This collection includes companies creating hardware and/or software for augmented reality, virtual reality, and mixed reality applications.

C

Construction Tech

953 items

Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more

R

Real Estate Tech

2,484 items

Startups in the space cover the residential and commercial real estate space. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and property management, insurance, mortgage, construction, and more.

E

E-Commerce

10,548 items

Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).

S

Store tech (In-store retail tech)

1,887 items

Companies that make tech solutions to enable brick-and-mortar retail store operations.

M

Market Research & Consumer Insights

720 items

This collection is comprised of companies using tech to better identify emerging trends and improve product development. It also includes companies helping brands and retailers conduct market research to learn about target shoppers, like their preferences, habits, and behaviors.

Matterport Patents

Matterport has filed 83 patents.

The 3 most popular patent topics include:

  • 3D computer graphics
  • 3D imaging
  • Virtual reality
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/30/2021

10/3/2023

Barcodes, Computer vision, Image processing, Feature detection (computer vision), Applications of computer vision

Grant

Application Date

4/30/2021

Grant Date

10/3/2023

Title

Related Topics

Barcodes, Computer vision, Image processing, Feature detection (computer vision), Applications of computer vision

Status

Grant

Latest Matterport News

Matterport Boosts its Digital Twin Technology with New AI Integration

Sep 27, 2023

Share this Post: Technology company Matterport has introduced an artificial intelligence integration that will automatically measure and label rooms in a property, with CEO RJ Pittman describing it as a "power tool" for customers looking for practical AI uses during their property search. The new feature is currently in beta testing and will be rolled out for both Matterport's 2D and 3D digital twin solutions when it officially hits the market. The integration also boasts the ability to calculate square footage and primary components in rooms such as kitchens, bedrooms and bathrooms—a feature Pittman says will significantly ease homebuyers' ability to plan specific upgrades and other needs when browsing a home remotely. In a statement, Pittman said: "I’m excited to see the progression of our digital twins helping customers put AI and automation to practical use for their properties. "Instant access to room dimensions, total square footage by room, floor, and the entire space, builds upon one of our most popular features—Measurement Mode. "With our new intelligent digital twins, our customers get hundreds of useful measurements, room names, print-ready layouts and more, automatically." In June, Matterport introduced another integration by the name of Genesis, a generative AI component with extensive use cases including reimagining physical spaces by staging properties with optimized wall placements; insights on energy efficiency and energy consumption; identifying safety and security risks such as fire hazards or code violations; and proactively surfacing common maintenance and repair issues for older buildings. Matterport has gone through significant layoffs this year—a reported 170 job losses in July constituted 30% of Matterport's total workforce—yet optimism around the company and its technology potential holds firm, with artificial intelligence integrations like this month's another string to Matterport's bow. Share prices remain volatile, with Google Finance showing that yesterday's (September 26, 2023) $2.16 per share is a shrinkage of 172% since November 2021's high of $28.9 per share. Read more

Matterport Frequently Asked Questions (FAQ)

  • When was Matterport founded?

    Matterport was founded in 2011.

  • Where is Matterport's headquarters?

    Matterport's headquarters is located at 352 East Java Drive, Sunnyvale.

  • What is Matterport's latest funding round?

    Matterport's latest funding round is Reverse Merger.

  • How much did Matterport raise?

    Matterport raised a total of $175.72M.

  • Who are the investors of Matterport?

    Investors of Matterport include Gores Holdings VI, Qualcomm Ventures, Lux Capital, DCM Ventures, Parametric Technology and 38 more.

  • Who are Matterport's competitors?

    Competitors of Matterport include Nodalview, Obsess, Spinview, Peek, Bitreel and 16 more.

  • What products does Matterport offer?

    Matterport's products include Matterport Digital Twin Platform and 3 more.

  • Who are Matterport's customers?

    Customers of Matterport include Danone, Siemens, John Deere and Burns & McDonnell.

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  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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