About Matternet
Matternet is a publicly listed company based in Mountain View (United States) founded in 2011 by Andreas Raptopoulos. Provider of autonomous drone networks. Matternet has raised $34.14 million across 8 funding rounds from investors including McKesson Ventures, QueensBridge Venture Partners and Andreessen Horowitz. Its chief executive, as recorded, is Andreas Raptopoulos. Matternet offers products and services including Autonomous Drone Networks, Software Platform, Aircraft, Landing Station, and Payload System. Its focus areas include High Tech, Drones, Drone Software and Application Specific. Its legal entity is Matternet Inc. Its competitors include FlytZip and Aeromile.
Company details
Matternet was founded in 2011 and is based in Mountain View, United States. Autonomous drone networks are provided by the company within the logistics and transportation sector. Operations involve the use of drones, including the Matternet M2 model, to facilitate the delivery of lab samples, pharmaceuticals, medical supplies, and consumer goods across various applications.
- Headquarters Mountain View, United States
- Founders Andreas Raptopoulos
- Stage Public
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website matternet.com
- Social LinkedIn X Facebook
- Legal Name Matternet, Inc.
- Total Equity Funding$34.14M (USD)
in 8 rounds
- Latest Funding Round$33M (USD), Post-IPO
May 2026
- InvestorsMcKesson Ventures
& 2 more
Products & Services of Matternet
Matternet offers a comprehensive portfolio of products and services, including Autonomous Drone Networks, Software Platform, Aircraft, Landing Station, and Payload System.
Provides ultra-fast, zero-emission package delivery using drones
Manages operations for autonomous drone networks
Enables precise and safe aerial package transport
Facilitates drone landings and package handling
Handles secure transport of packages via drones
Funding Insights of Matternet
Matternet has successfully raised a total of $34.14M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $33 million completed in May 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $34.14M
- Total Rounds 8
- Last Round Post-IPO — $33M
- First Round $500,000
(May 2013)
- Investors Count 3
All 8 funding rounds of Matternet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2026 | $33M | Post-IPO | – | – | – |
| Mar 2026 | $6M | Debt – Conventional | – | – | – |
| Aug 2021 | Series A | – | – | – | |
| Jan 2020 | $5.66M | Series A | – | – | |
| Jun 2018 | $16M | Series A | – | – | – |
| Aug 2016 | $9.48M | Series A | – | – | – |
| Nov 2013 | $2.5M | Seed | – | – | |
| May 2013 | $500,000 | Seed | – | – |
3 investors in total: 3 institutional.
Investors in Matternet
Matternet has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include McKesson Ventures, QueensBridge Venture Partners and Andreessen Horowitz.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed by McKesson Ventures toward early-stage healthcare startups. | ventures.mckesson.com | San Francisco, United States | ||
US focused VC firm | qbvp.com | Los Angeles, United States | ||
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com |
Investor details for Matternet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Matternet
15 people are tracked at Matternet (5 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Andreas Raptopoulos | Founder & CEO | Leadership |
Jason Secore | CFO | Leadership |
Alex Norman | Head of Global Flight Operations and Services | Leadership |
John Rousseau | Vice President of Operations | Leadership |
Josephine Graves | Head Of People And Business Operations | Leadership |
David Sinclair | Business Operations Manager | Team |
Nancy Rumrill | Accounting Manager | Team |
Sophia Walter | Accounting Manager | Team |
Jesse Kavros | Senior Mechanical Engineer | Team |
Christopher Thomas | Operations Support Engineer | Team |
Deziree Chapman | Production Lead | Team |
Susan Tapia | Materials Manager | Team |
Deziree Larsen | Production Supervisor, UAV | Team |
Martin Novak | Reliability and Flight Assurance Lead | Team |
Jeff D. | Supply Chain Specialist | Team |
Complete people profiles for Matternet
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IPO & Listings of Matternet
Matternet is a publicly listed company on the OTC with ticker symbol MTTN in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onOTC: MTTN
- Listed entityMatternet, Inc.
- Exchange sectorElectronic technology
- ISINUS5770991041
- Share price$3.37 (-19.34% on the day) · 2026-10-12
- Volume (last session)2,169
Timeline of Matternet
3 dated milestones of Matternet across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Matternet is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Post-IPO, of $33.0M.
Competitors of Matternet
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flytzip.com | 2021 | San Jose, United States | Automates drone operations for security, inspections, and public safety worldwide. | |||
| aeromile.net | 2023 | San Francisco, United States | Integrates trucks and drones with AI to enhance last-mile delivery operations. |
Detailed competitors of Matternet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Matternet
The website of Matternet (matternet.com) receives about 5K visits a month.
- Monthly visits5K
▲ 33.1% vs previous month
Websites whose visitors overlap most with Matternet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| acellent.com | 100% | 1.4K | #11,759,103 | View details | |
| quantum3d.com | 98% | 5.9K | #3,474,855 | View details | |
| vector-launch.com | 97% | View details | |||
| sunmantechnology.com | 96% | #11,162,204 | View details | ||
| askafly.com | 91% | #3,559,106 | View details |
Top companies in Drone & Aerial Mobility
3 companies that operate in the same segment as Matternet (Drone & Aerial Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | 9,670 | ||
Autonomous drones, software, and accessories are manufactured for various sectors. | 2014 | San Mateo, California, United States | USD 825 M | 1,067 | ||
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 |
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Related news about Matternet
Complete news archive for Matternet
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Frequently Asked Questions about Matternet
Matternet was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Matternet is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Andreas Raptopoulos is the CEO of Matternet, as recorded in our data. They have also founded this company.
Matternet is a funded company, having raised a total of $34.14M across 8 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on May 2013.
Matternet was founded in 2011 and is based in Mountain View, United States. Autonomous drone networks are provided by the company within the logistics and transportation sector. Operations involve the use of drones, including the Matternet M2 model, to facilitate the delivery of lab samples, pharmaceuticals, medical supplies, and consumer goods across various applications.
Matternet offers Autonomous Drone Networks, Software Platform, Aircraft, Landing Station, and Payload System.
Yes, Matternet is publicly traded on OTC under the ticker symbol MTTN.
Matternet has 3 investors. Key investors include McKesson Ventures, QueensBridge Venture Partners, and Andreessen Horowitz.
Matternet operates through Matternet Inc.