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Matterport information


Matterport Inc.
Company typePublic
Traded as
  • Nasdaq: MTTR
  • Russell 2000 component
ISINUS5770961002
Industry
  • Computer vision
  • Real estate
Founded2011; 13 years ago (2011)
Founders
  • Matthew Bell
  • David Gausebeck
  • Mike Beebe
Headquarters
Sunnyvale, California
,
United States
Number of locations
  • 6 offices
Area served
Worldwide
Key people
  • R.J. Pittman (CEO)
  • James D. Fay (CFO)
  • David Gausebeck
  • (CSO)
Revenue
  • Increase US$158 million (2023)
  • US$136 million (2022)
Operating income
  • Increase US$70 million (2023)
  • US$52 million (2022)
Net income
  • DecreaseUS$199 million (2023)
  • US$111 million (2022)
Total assets
  • Decrease US$577 million (2023)
  • US$640 million (2022)
Total equity
  • Decrease US$529 million (2023)
  • US$584 million (2022)
Number of employees
  • Decrease 438 (2023)
  • 590 (2022)
Websitewww.matterport.com
Footnotes / references
[1][2]

Matterport Inc. is an American 3D spatial mapping company that is currently headquartered in Sunnyvale, California. The company was founded in 2011 as a private startup[3] and subsequently merged with a special-purpose acquisition company in 2021 to commence public trading on the Nasdaq.[4] The current CEO is R.J. Pittman.[5]

Matterport produces cameras used to capture images for 3D mapping of indoor spaces and the creation of digital twins. The company also provides various software as a service for real estate and property management.[6][7]

On April 22, 2024, it was announced that Matterport would be acquired by the CoStar Group for a cash and stock deal valued at approximately US$1.6 billion.[8][9]

  1. ^ "Matterport, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 27, 2024.
  2. ^ "Matterport, Inc. 2022 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 28, 2023.
  3. ^ Roush, Wade (May 16, 2013). "Matterport Isn't Playing Games with Kinect-Style 3D Camera". Xconomy. Archived from the original on December 6, 2022. Retrieved April 10, 2022.
  4. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  5. ^ "Matterport Hires RJ Pittman as Chief Executive Officer". Matterport. Retrieved June 4, 2022.
  6. ^ Andrei, Andreea (August 22, 2023). "2023 SaaS Awards Winners | Cloud Computing & SaaS Awards". Retrieved February 24, 2024.
  7. ^ "Matterport Wins Best SaaS Product for Real Estate & Property Management". Matterport. Retrieved February 24, 2024.
  8. ^ "Matterport, the Global Leader in 3D Digital Twins, to be Acquired by CoStar Group". Matterport. April 22, 2024. Retrieved April 22, 2024.
  9. ^ "CoStar Group to Acquire Matterport, the Global Leader in Immersive 3D Digital Twins and Artificial Intelligence for the Real Estate Industry That Makes Properties Intuitive and Interactive Online". CoStar Group Investor Relations. April 22, 2024. Retrieved April 22, 2024.

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