Matterport

Matterport

Generates digital twins of physical spaces

Overview

Matterport builds digital twins of real spaces by capturing 3D data with a camera and turning it into immersive, navigable models in its platform. Users perform capture, edit, and share tasks via a mobile app, with models produced by Matterport Capture Services or from its own cameras and hardware. The platform combines software, services, and hardware to serve industries such as architecture, engineering, construction, and commercial real estate, in more than 150 countries. Its goals include helping people understand and manage built environments more efficiently, and it pursues sustainable practices like recycling and refurbishment of devices, as well as enabling use cases such as predictive maintenance and streamlined RFI processes.

YC Company

About Matterport

Simplify's Rating
Why Matterport is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

VR & AR

Enterprise Software

Real Estate

Company Size

501-1,000

Company Stage

IPO

Headquarters

Sunnyvale, California

Founded

2011

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Simplify's Take

What believers are saying

  • Matterport Marketing Cloud launched February 25, 2025, speeding agent workflows and MLS distribution.
  • CoStar can push Matterport across massive property marketplaces, expanding distribution immediately.
  • Procore integration, updated in 2026, deepens Matterport’s construction use cases and retention.

What critics are saying

  • CoStar now owns Matterport, eliminating standalone upside and making integration execution critical in 2026.
  • Matterport cut 30% of staff in July 2023, signaling chronic cost pressure and weaker demand.
  • Competitors like Zillow, Procore, and point-solution scanners can commoditize capture and pricing quickly.

What makes Matterport unique

  • CoStar completed Matterport acquisition on February 28, 2025, bundling data and capture.
  • Matterport’s platform digitizes physical spaces into 3D twins across homes, offices, and construction sites.
  • Procore integration keeps Matterport embedded inside AEC workflows, not just consumer virtual tours.

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Funding

Total Funding

$793.2M

Above

Industry Average

Funded Over

11 Rounds

Spac Private Placement funding comparison data is currently unavailable. We're working to provide this information soon!
Spac Private Placement Funding Comparison
Coming Soon

Benefits

Comprehensive health plans

Flexible time off

Summer Fridays

401k

Stock options

Continuing education & commuter benefits

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

0%
Bmore Photographer
Jun 30th, 2026
CubiCasa vs. Matterport: which floor plan tool is right for your listing?

CubiCasa vs. Matterport: which floor plan tool is right for your listing? Floor plans aren't optional anymore - they're a conversion tool. Zillow's own research found that 79% of prospective buyers are more likely to view a listing if it includes an appealing floor plan, and any Zillow Showcase package requires one as a core component. That leaves agents and photographers with a practical question: CubiCasa or Matterport? This guide breaks down how each platform works, where they differ, and which one makes sense depending on the listing. Table of Contents How CubiCasa works. CubiCasa is a mobile-first floor plan capture tool. A photographer (or even a homeowner) walks through the property using a smartphone app, scanning each room. The app processes the scan into a 2D floor plan, complete with room labels and square footage estimates, typically delivered within hours. Strengths: * Fast - a full home can be scanned in 10-15 minutes. * Low cost relative to 3D scanning hardware. * No special equipment required beyond a smartphone. * Output integrates cleanly with MLS and Zillow's room-tagging requirements for Showcase listings. Limitations: * 2D output only - no immersive walkthrough experience. * Accuracy depends on a clean, careful scan; cluttered rooms can reduce precision. How Matterport works. Matterport uses a dedicated 3D camera (or LiDAR-equipped smartphone scanning via its app) to capture a fully navigable 3D digital twin of the property. The output includes an interactive dollhouse view, a walkthrough tour, and a derived 2D floor plan. Strengths: * True 3D, immersive walkthrough - buyers can "walk" the home remotely. * Produces the dollhouse view that high-end listings use to show the full home layout at once. * Pairs naturally with the 3D virtual tour requirement in a Showcase package. Limitations: * Higher cost, especially with dedicated camera hardware. * Longer capture and processing time than a CubiCasa scan. * Larger file sizes and more bandwidth-intensive hosting. CubiCasa vs. Matterport: Side-by-Side. | Factor | CubiCasa | Matterport | | Output | 2D floor plan | 3D tour + dollhouse + 2D floor plan | | Capture time | 10-15 minutes | 20-45 minutes | | Equipment | Smartphone | 3D camera or LiDAR phone | | Cost | Lower | Higher | | Best for | Standard listings, fast turnaround | Luxury listings, full Showcase packages | Which one should you use for Zillow Showcase? Both tools satisfy Zillow's room-tagging and floor plan requirements, so the choice often comes down to listing tier and budget. For standard residential listings where speed and cost control matter, CubiCasa is typically the more efficient choice. For luxury listings, new construction, or any listing where the full immersive 3D walkthrough is part of the marketing pitch, Matterport is the stronger fit - particularly when paired with drone and aerial photography for a complete premium media package. Bottom line. Neither tool is universally "better" - they solve different problems. CubiCasa wins on speed and cost for standard listings; Matterport wins on immersive experience for premium ones. Many photography studios offer both and recommend based on the listing's price point and the seller's marketing goals.

Saigon IT Partner
Mar 23rd, 2026
Driving construction success through spatial context.

Driving construction success through spatial context. March 23, 2026 When construction data is tied to a physical location, its value multiplies. By integrating Procore with Matterport's 3D technology, STAGES connects your information directly to the site. This leads to improved visibility, sharper coordination, and faster project milestones. While AEC teams enjoy less friction and better teamwork, investors and owners benefit from mitigated risks and protected returns. Use spatial intelligence to drive faster project outcomes. Enhance Safety, Performance, and ROI. #ROI #ConstructionData #SiteVisibility #AECIndustry #MatterportIntegration #DigitalTransformation Posted in News

Matterport
Mar 9th, 2026
Official Winners of the 2026 Digital Twin Awards.

Official Winners of the 2026 Digital Twin Awards. March 09, 2026 The 2026 Digital Twin Awards, sponsored by CAPTUR3D and Matterport, brought together the most creative and innovative digital twin experiences across industries. With submissions from across the globe. Matterport, Inc. is proud to recognize the Official Winners selected by Matterport judges for the following categories: * Best Digital Twin of 2026 * Best Digital Twin for Arts & Culture * Best Digital Twin for Education * Best Digital Twin for Historical Preservation * Best Digital Twin for Real Estate Full list of winners here. Best Digital Twin of 2026. * Title: The Ship Inn down in Medway * Author: Letiverse * Tour: https://www.letiverse.co.uk/tour/the-ship-inn * Email: [email protected] Letiverse builds world-class interactive 3D tours for local businesses - completely free. No setup fees. No subscriptions. No technical knowledge is required. Matterport, Inc.'ll take care of that. In today's world, why must a business owner now be a website and social media expert to survive? Websites are flat and out of date. Nobody wants to bombard socials just to show what they do. The Letiverse is the perfect blend of the two: immersive, easy to share, and built for business owners and their audience. Its Backwards Business Model flips the industry: Matterport, Inc. invest in the business, sponsors fund the ecosystem, and revenue is shared 50/50 with the Host. That's how Matterport, Inc. remove the three barriers - cost, time and expertise - and deliver real, measurable value to everybody involved. The Ship Inn down in Medway, what a place! - a Grade II listed, 17th-century pub and home of live music in Medway, Kent - now it has a living digital twin that captures its heritage and its amazing atmosphere. Letiverse is so proud of this work, so happy to celebrate, and so excited to help more businesses thrive. Letiverse would also like to thank the other amazing tours and nominees at the Digital Twin Awards - incredible work all around. Best Digital Twin for Arts & Culture. * Title: Aviation Museum in California * Author: DRONE & VR 360 SERVICES * Tour: https://my.mpskin.com/en/tour/5c4tz3yqmf * Email: [email protected] DRONE & VR 360 is a California-based digital twin integrator specializing in transforming complex physical spaces into interactive, intelligent digital environments. Its award-winning project with the Hiller Aviation Museum reimagines the traditional virtual tour as a living digital twin spanning over 100,000 square feet. Through AI-assisted guidance, interactive missions, and multilingual engagement tools, the platform enhances visitor experience while creating real operational value. Matterport, Inc. focus on building practical, scalable digital twins that support engagement, education, and infrastructure-ready implementation across the United States. Matterport, Inc. is honored to contribute to the growing role of digital twins in arts and culture. Best Digital Twin for Education. * Title: Education Center * Author: 360-PRO GmbH * Tour: https://my.360-pro.com/tour/karriere-campus-hannover * Email: [email protected] Thank you for the award and the recognition for "Best of Education" 2026. Matterport, Inc. is a young company that has set out to do more than simply create clunky visual experiences. Matterport, Inc. want to use virtual tours to produce top-quality solutions for its clients and their target audiences. Literally "PRO"fessional! Matterport, Inc. is not afraid to push the boundaries of technology, software, and so on. Best Digital Twin for Historical Preservation. * Title: Millenium of Polish Arms Glory * Author: Patryk Skowronek * Tour: https://my.mpskin.com/en/tour/6kxer9wf83 * Email: [email protected] My name is Patryk Skowronek. As a real estate agent, I recognized the immense potential of Matterport virtual tours and founded Wirtualna Przestrzeń. Its mission is to transform physical spaces into engaging digital experiences that are accessible to everyone. Winning the award for Best Digital Twin for Historical Preservation proves that virtual history lessons carry profound meaning and real value. I am deeply grateful for this recognition, it provides a powerful surge of motivation for its future growth. Best Digital Twin for Real Estate. * Title: Villa Perezoso * Author: Costa Virtual * Tour: https://360.costavirtual.com/show/?m=oW7SPF4G7NU * Email: [email protected] Costa Virtual is a Costa Rica based digital twin and immersive media company delivering high fidelity 3D capture for real estate and the built environment. Using Matterport and complementary tools, the team creates accurate, easy to navigate digital twins that help stakeholders understand a space remotely, make decisions faster, and reduce friction in sales and project coordination. The company supports real estate brokerages including Blue Zone Realty International, led by founder and President Tim Fenton, as well as developers, architects, and hospitality brands. Services include 3D scanning, floor plans, 360 imagery, and drone media, packaged into clear marketing and documentation deliverables. Costa Virtual's focus is simple: high quality capture, clean presentation, and a smooth process from on site scan to final assets that teams can use immediately.

Crawford & Company
Aug 5th, 2025
The complex landscape of weather-related claims in Asia

To manage large and complex claims more effectively, Crawford partners with Matterport for 3D modelling.

My Mansion
Mar 21st, 2025
Virtual Reality: The Future of Property Viewings

Ray White New Zealand has partnered with technology provider Matterport to offer virtual tours of their properties.

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