About Matterport
Matterport is a company based in Sunnyvale (United States) founded in 2011 by Dave Gausebeck was acquired by CoStar Group in April 2024.. Matterport has raised $163.18 million across 13 funding rounds from investors including CoStar Group, Ericsson and News Corp. Matterport has completed 2 acquisitions, including VHT Studios and Virtual Walkthrough. Matterport offers products and services including Matterport Cloud, Matterport Camera, and Subscription Plans. Matterport operates in a competitive market with competitors including Hexagon, Hover, Flipspaces, Trezi and iStaging, among others.
- Headquarter Sunnyvale, United States
- Founders Dave Gausebeck
- Stage Public
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Sectors
TechnologyReal Estate & Construction
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$163.18 M (USD)
in 13 rounds
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Latest Funding Round
$52.4 M (USD), Series D
Jul 24, 2020
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Investors
CoStar Group
& 18 more
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Employee Count
Employee Count
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Investments & Acquisitions
VHT Studios
& 1 more
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Acquired by
CoStar Group
(Apr 22, 2024)
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Products & Services of Matterport
Matterport offers a comprehensive portfolio of products and services, including Matterport Cloud, Matterport Camera, and Subscription Plans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for creating and managing 3D digital twins of spaces
Device for capturing 3D scans of properties and facilities
Plans for accessing digital twin features and tools
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Funding Insights of Matterport
Matterport has successfully raised a total of $163.18M across 13 strategic funding rounds. The most recent funding activity was a Series D round of $52.4 million completed in July 2020. 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 Total Funding
- Total Rounds 13
- Last Round Series D — $52.4M
- First Round First Round
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series D - Matterport | Valuation |
investors |
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| Mar, 2019 | Amount | Series D - Matterport | Valuation | Qualcomm Ventures , DCM Ventures |
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| May, 2018 | Amount | Series C - Matterport | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Matterport
Matterport has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include CoStar Group, Ericsson and News Corp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location | |
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Founded Year | Domain | Location | |
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Seed and early-stage technology companies are funded by Lux Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Matterport
Matterport has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include VHT Studios and Virtual Walkthrough. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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360 virtual tour company
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2009 | ||||
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Provides real estate photography services for property listing
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Matterport
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Matterport Comparisons
Competitors of Matterport
Matterport 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 Hexagon, Hover, Flipspaces, Trezi and iStaging, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Threat detection and vulnerability assessment for ICS/DCS/SCADA are provided.
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| domain | founded_year | HQ Location |
Hover is recognized for providing construction and renovation software solutions.
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| domain | founded_year | HQ Location |
Provider of interior design, product supply, and project management services for facilities
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| domain | founded_year | HQ Location |
Immersive AR/VR platform for collaborative design is developed.
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| domain | founded_year | HQ Location |
Augmented and virtual reality platforms are built online for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Matterport
Frequently Asked Questions about Matterport
When was Matterport founded?
Matterport was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Matterport located?
Matterport is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Who is the current CEO of Matterport?
Bill Brown is the current CEO of Matterport.
Is Matterport a funded company?
Matterport is a funded company, having raised a total of $163.18M across 13 funding rounds to date.
What does Matterport do?
Provider of cloud and AI-based virtual tour solutions for construction professionals. It offers a mobile application that enables users to 3D scan using the mobile phone camera, as well as create, customize, and publish 3D models. It also offers 3D scanning systems and 3D cameras. It combines data to create one complete 3D model, which can be viewed, modified, annotated and shared using any computer and mobile phone.
Who are the top competitors of Matterport?
Matterport's top competitors include Hover, Flipspaces and iStaging.
What products or services does Matterport offer?
Matterport offers Matterport Cloud, Matterport Camera, and Subscription Plans.
How many acquisitions has Matterport made?
Matterport has made 2 acquisitions, including VHT Studios, and Virtual Walkthrough.
Who are Matterport's investors?
Matterport has 19 investors. Key investors include CoStar Group, Ericsson, News Corp, CBRE, and Qualcomm Ventures.
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