Matterport - About the company
Matterport is an acquired company based in Sunnyvale (United States), founded in 2011 by Dave Gausebeck and Mike Beebe. It operates as a Provider of cloud and AI-based virtual tour solutions for construction professionals. Matterport has raised $163M in funding from investors like Qualcomm Ventures, DCM Ventures and Lux Capital. The company has 428 active competitors, including 84 funded and 15 that have exited. Its top competitors include companies like Hexagon, Hover and Flipspaces.
Company Details
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.
- Website
- matterport.com
- Email ID
- *****@matterport.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2011
Location
Sunnyvale, United States
Stage
Acquired
Total Funding
$163M in 13 rounds
Latest Funding Round
Investors
Ranked
1st among 428 active competitors
Annual Revenue
$136M as on Dec 31, 2022
Employee Count
497 as on Dec 31, 2022
Investment & Acquisitions
Exit Details
Acquired by CoStar Group (Apr 22, 2024)
Legal entities associated with Matterport
Matterport is associated with 14 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
Apr 20, 2011 | - | - | - | |
Mar 13, 2009 | - | - | - | |
Nov 05, 2008 | - | - | - | |
Jun 29, 2005 | - | - | - | |
Dec 22, 2003 | - | - | - | |
Jul 02, 2001 | - | - | - | |
Dec 08, 1998 | - | - | - | |
Dec 14, 2022 | - | - | - | |
Jan 31, 2022 | - | - | - | |
Apr 01, 2019 | - | - | - | |
Aug 24, 2018 | - | - | - | |
Jun 16, 2011 | - | - | - | |
Jun 28, 2020 | $136M (as on Dec 31, 2022) | 497 (as on Dec 31, 2022) | - | |
Dec 31, 2010 | - | 358 (as on Dec 31, 2022) | - |
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Matterport's acquisition details
Matterport got acquired by CoStar Group on Apr 22, 2024 at an acquisition amount of $1.6B. It was facilitated by Latham & Watkins, Qatalyst Partners, Foley & Lardner and 1 more.
Click here to take a look at Matterport's acquisition in detail
Matterport's funding and investors
Matterport has raised a total funding of $163M over 13 rounds. Its first funding round was on Mar 13, 2012.
Matterport has 38 institutional investors including Qualcomm Ventures, DCM Ventures and Lux Capital. Gordon Segal and 1 other are Angel Investors in Matterport.
Here is the list of recent funding rounds of Matterport:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Jul 24, 2020 | $52.4M | Series D | 3202967 | 4691732 | - |
Mar 05, 2019 | $48M | Series D | 4767776 | 9185011 | |
May 01, 2018 | Undisclosed | Series C | 6605021 | 4953772 |
View details of Matterport's funding rounds and investors
Matterport's founders and board of directors
Founder? Claim ProfileThe founders of Matterport are Dave Gausebeck and Mike Beebe. Bill Brown and Rj Pittman are the CEOs of Matterport.
Here are the details of Matterport's key team members:
- Dave Gausebeck: Co-Founder & CTO of Matterport. Contact Info: 1 email address
- Mike Beebe: Former Co-Founder of Matterport.
View details of Matterport's Founder profiles and Board Members
Matterport's employee count trend
Matterport has 497 employees as of Dec 22. The total employee count is 39.0% more than what it was in Dec 21. Here is Matterport's employee count trend over the years:Access Tracxn on any website
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Matterport's Competitors and alternates
Top competitors of Matterport include Hexagon, Hover and Flipspaces. Here is the list of Top 10 competitors of Matterport, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
---|---|---|---|---|---|
1st | Matterport 2011, Sunnyvale (United States), Acquired | Provider of cloud and AI-based virtual tour solutions for construction professionals | $163M | 81/100 | |
2nd | A digital conglomerate company providing sensor, software, and autonomous solutions | - | 74/100 | ||
3rd | Hover 2011, San Francisco (United States), Series D | App for 3D CAD property modeling | $142M | 70/100 | |
4th | Flipspaces 2011, Mumbai (India), Series C | Provider of integrated office design, build, and product supply services | $48.5M | 68/100 | |
5th | Polycam 2020, San Francisco (United States), Series A | Provider of LiDAR based scanning software | $22M | 56/100 | |
6th | ALL3D 2019, San Francisco (United States), Series A | Provider of AI-based 3D scanning and animation solutions | $8.84M | 54/100 | |
7th | Online augmented and virtual reality platforms and devices built for businesses | $5M | 51/100 | ||
8th | SaaS-based BIM and 3D modelling solutioins for the construction sector | - | - | 50/100 | |
9th | OGSystems 2004, Chantilly (United States), Acquired | Provider of aerial photogrammetry and data processing solutions | - | 50/100 | |
10th | Provider of cloud-based interior design software platform | $9.66M | 49/100 |
Looking for more details on Matterport's competitors? Click here to see the top ones
Matterport's Investments and acquisitions
Matterport has made 1 investment in Perchwell and acquired VHT Studios and Virtual Walkthrough. Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Jul 07, 2022 | Acquisition | 1998 | Rosemont, United States | |
Dec 08, 2021 | Investments | 2015 | New York City, United States | |
Jul 14, 2016 | Acquisition | 2009 | London, United Kingdom |
Reports related to Matterport
Here is the latest report on Matterport's sector:
News related to Matterport
Media has covered Matterport for a total of 27 events in the last 1 year, 7 of them have been about company updates and 3 about partnerships.
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CoStar Group Completes $1.6 Billion Acquisition of MatterportHousingWire•Mar 04, 2025•CoStar Group, Matterport
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CoStar Completes $1.6 Billion Matterport AcquisitionOnline Market Places•Mar 03, 2025•CoStar Group, Matterport
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Costar Group Completes Acquisition Of Matterport, Ushering In A New Era Of 3d Digital Twins And Ai-powered Real Estate InnovationBusiness Wire•Feb 28, 2025•Matterport, CoStar Group
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CoStar Group Completes Acquisition of Matterport, Ushering in a New Era of 3D Digital Twins and AI-Powered Real Estate InnovationBusiness Wire•Feb 28, 2025•Matterport, CoStar
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Introducing Matterport Marketing Cloud: The Ultimate Hub For Real Estate Agents To Get Listings To Market FasterMarTech Series•Feb 25, 2025•Matterport
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