What is Matterport?
Matterport is a technology company that provides an all-in-one 3D data platform. This platform is utilized to generate cloud-based 3D models of real-world environments, which can then be modified, created, and shared online. Founded in 2011 and headquartered in Sunnyvale, California, Matterport has established itself as a key player in spatial data solutions, offering innovative tools for industries ranging from real estate and construction to manufacturing and facilities management. Their technology allows for the creation of digital twins, providing a comprehensive and interactive representation of physical spaces.
How much funding has Matterport raised?
Matterport has raised a total of $746.1M across 7 funding rounds:
Angel/Seed
$1.6M
Series A
$5.6M
Series B
$15.9M
Series C
$30M
Private Equity
$5M
Unspecified
$48M
Private Equity
$640M
Angel/Seed (2011): $1.6M with participation from Red Swan Ventures and Felicis Ventures
Series A (2013): $5.6M led by Red Swan Ventures, Felicis Ventures, Greylock Partners, Rothenberg Ventures, Lux Capital, and Qualcomm Ventures
Series B (2014): $15.9M supported by Felicis Ventures, Greylock Partners, Navitas Capital, Rothenberg Ventures, DCM Ventures, Lux Capital, AME Cloud Ventures, and Qualcomm Ventures
Series C (2015): $30M featuring Qualcomm Ventures and GIC
Private Equity (2017): $5M, investors not publicly disclosed
Unspecified (2019): $48M with participation from DCM Ventures, Lux Capital, and Qualcomm Ventures
Private Equity (2021): $640M led by The Gores Group
Key Investors in Matterport
DCM Ventures
DCM Ventures is a venture capital firm that invests in early-stage technology companies. They focus on sectors such as enterprise, consumer, and fintech, providing strategic capital and operational support to help their portfolio companies scale and achieve market leadership.
Lux Capital
Lux Capital is a venture capital firm specializing in early-stage and growth-stage companies at the intersection of science and technology. They back founders in frontier areas like AI, robotics, and biotechnology, aiming to support disruptive innovations.
Qualcomm Ventures
Qualcomm Ventures is the venture capital arm of Qualcomm, investing in companies that advance mobile technologies and related ecosystems. They focus on areas such as AI, IoT, and 5G, supporting innovation that complements Qualcomm's strategic interests.
What's next for Matterport?
With a history of major enterprise-level funding, Matterport is well-positioned for continued scaling and innovation. The recent strategic investment signals strong investor confidence in the company's business model and its potential for future market penetration. This capital infusion is expected to fuel further development of its 3D data platform, enhance its global reach, and potentially explore new applications for its technology. The company's trajectory suggests a focus on solidifying its market leadership and expanding its ecosystem of partners and users.
See full Matterport company page
