Matternet

Mountain View, United States Founded: 2011 • Age: 15 yrs
Provider of autonomous drone networks
Annual revenue - Latest available
Total funding $34.1M 7 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 6 Brand Intelligence

About Matternet

Matternet is a company based in Mountain View (United States) founded in 2011 by Andreas Raptopoulos. Matternet has raised $34.14 million across 7 funding rounds from investors including McKesson Ventures, QueensBridge Venture Partners and Andreessen Horowitz. Matternet offers products and services including Autonomous Drone Networks, Software Platform, Aircraft, Landing Station, and Payload System. Matternet operates in a competitive market with competitors including Aeronext, FlytZip, Future Delivery, LIFTER dynamics and Aeromile, among others.

  • Headquarter Mountain View, United States
  • Founders Andreas Raptopoulos
  • Sectors
    Aerospace, Defense & Maritime
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  • Legal Name Matternet Inc
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $34.14 M (USD)

    in 7 rounds

  • Latest Funding Round
    $6 M (USD), Debt – Conventional

    Mar 03, 2026

  • Investors
  • Employee Count
    Not available
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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.

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Primary

Provides ultra-fast, zero-emission package delivery using drones

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Manages operations for autonomous drone networks

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Enables precise and safe aerial package transport

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Facilitates drone landings and package handling

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Handles secure transport of packages via drones

People of Matternet

Headcount 50-200
Employee Profiles 15
Employee Profiles
People
Jason Secore
CFO
People
Alex Norman
Head of Global Flight Operations and Services
People
David Sinclair
Business Operations Manager
People
Nancy Rumrill
Accounting Manager

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Funding Insights of Matternet

Matternet has successfully raised a total of $34.14M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $6 million completed in March 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.

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.

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Venture Fund
Investor Description Founded Year Domain Location
Investments are directed by McKesson Ventures toward early-stage healthcare startups.
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US focused VC firm
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Investor details for Matternet

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Investments & Acquisitions by Matternet

Investments
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Investment portfolio details for Matternet

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  • Transaction dates
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Financial Statements - Matternet

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Detailed financials for Matternet

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Matternet Comparisons

Matternet Primary company
Description
Provider of autonomous drone networks
Location
Mountain View, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Matternet

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Competitors of Matternet

Matternet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aeronext, FlytZip, Future Delivery, LIFTER dynamics and Aeromile, among others.

Company Name Domain Founded year HQ Location Description
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Next-generation drones are developed using intellectual property and proprietary designs.
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Automates drone operations for security, inspections, and public safety worldwide.
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Develops drone coupling technology for aerial package exchanges between drones.
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Develops autonomous transport systems, drones, and offers R&D services for applications.
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Integrates trucks and drones with AI to enhance last-mile delivery operations.
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Detailed competitors of Matternet

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Latest news on Matternet

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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 current CEO of Matternet. They have also founded this company.

Matternet is a funded company, having raised a total of $34.14M across 7 funding rounds to date.

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's top competitors include Aeronext, FlytZip and Future Delivery.

Matternet offers Autonomous Drone Networks, Software Platform, Aircraft, Landing Station, and Payload System.

Matternet has 3 investors. Key investors include McKesson Ventures, QueensBridge Venture Partners, and Andreessen Horowitz.

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