Smart Buildings

Matterport’s Business & 2021 Financials Examined

In this Research Note, we examine Matterport, the spatial data company digitizing the built world, based on investor presentations, 10K Annual Report and press releases. Since its founding in 2011, Matterport, headquartered in Sunnyvale, California, has been a first mover in digitizing, accessing and managing buildings and spaces, with their 3D capture technology and AI-powered insights. Their platform uses spatial data collected from a wide variety of digital capture devices to create dimensionally accurate, photorealistic digital twins that provide their subscribers with access to previously unavailable building information and insights. These immersive Matterport digital twins should improve various parts of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. The company, which initially sold 3D cameras, has since expanded its services to capturing 360-degree images for diverse stakeholders across the built world. The Matterport platform is designed to work with a wide range of LiDAR, spherical, 3D and 360 cameras, as well as smartphones, to […]

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