Matterport, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Raymond J. Pittman
- Full Time Employees
- 455
- Sector
- Technology
- Industry
- Software - Application
- Address
- 352 East Java Drive Sunnyvale CA United States of America 94089
- IPO Date
- Feb 2, 2021
- CIK
- 0001819394
- Website
- matterport.com
- Similar Companies
- Business
- Matterport, Inc. (MTTR) provides a spatial data platform that creates immersive 3D digital twins of physical spaces through specialized cameras and cloud-based AI processing; its core products and services include Matterport Pro3 and Pro2 3D cameras for high-resolution scanning, LEICA BLK360 for precise digital twin creation, smartphone capture solutions via Matterport Axis motor-mount accessory, 360-degree cameras, and Matterport Capture Services as a fully managed digitization solution for enterprises. The platform leverages Cortex AI to automate 3D reconstruction, generate floor plans, property intelligence analytics, HDR photos, video tours, and BIM-compatible exports; it serves residential and commercial real estate, architecture, engineering and construction (AEC), facilities management, retail, insurance, travel, hospitality, and corporate real estate markets with applications for virtual tours, remote exploration, progress tracking, risk mitigation, and operational efficiency. Matterport operates internationally across more than 177 countries with offices in San Francisco, Chicago, Kansas, London, and Singapore. Founded in 2011 and headquartered in Sunnyvale, California, the company functions as a subsidiary of CoStar Group, Inc. following its acquisition in February 2025 for approximately $1.6 billion, which delisted MTTR from Nasdaq and integrates its technology with CoStar's real estate data platforms to accelerate AI-driven innovations in property marketing, analytics, and digital twins. Recent developments include the 2025 Winter Release launching Matterport Marketing Cloud with Model Merge and tag management features, alongside ongoing investments in AI, computer vision, and machine learning to enhance property insights and expand digital twin adoption amid a strategic shift toward recurring subscription revenue growth.
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