Layoff
Jul 2023Matterport announced a restructuring plan to eliminate approximately 170 roles, about 30% of the workforce, and expected $4M-$5M of related charges.
SourceTurn physical objects and environments into 3D models in seconds.
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Matterport is a spatial data and digital twin software company that turns physical spaces into immersive 3D models for design, build, operations, marketing, insurance, and analytics. It was founded in 2011 and, after CoStar Group completed its acquisition in 2025, now operates as a business unit within CoStar Group.
Primary product
Matterport digital twin / spatial data platform
Founded
2011
Headquarters
Sunnyvale, California, United States
Team size
300-400
Work style
Flexible
Industry
Software Development
Sub-industry
3D digital twin / spatial data platform
Offices
Sunnyvale, California, United States (HQ)
Chicago, Illinois, United States
Lawrence, Kansas, United States
San Francisco, California, United States
London, United Kingdom
Singapore
Business model
subscription SaaS
enterprise software
hardware sales
capture services
add-on file and processing fees
API/SDK access
Funding
Stage
Acquired
Total raised
$409.1M
Latest round
Acquisition · Feb 2025
Latest amount
$1.6B
Feb 2025 · CoStar Group
Jul 2021 · Untitled Investments and Dragoneer Investment Group
May 2020 · DCM Ventures, Lux Capital, and Qualcomm Ventures
Aug 2017 · Ericsson
Jun 2015 · Qualcomm Ventures
Jul 2014 · DCM Ventures
Sep 2013 · Gordon Segal and Blake Krikorian
Mar 2013 · Lux Capital
Jan 2012 · DCM Ventures
People & investors
Leadership
Chairman and Chief Executive Officer
Chief Financial Officer
Chief Technology Officer
Chief Scientist / Co-Founder
Chief Revenue Officer
Jean Barbagelata
Chief People Officer
Matthew Zinn
Chief Legal Officer
Founders
Co-founder of Matterport; Member of Technical Staff at Anthropic
Co-founder of Matterport; Robotics & Automation Executive / Founder / Board & Advisor Roles
Work & culture
Historically a remote-first company with flexible work location choices, Matterport emphasizes inclusive culture, ERGs, open leadership forums, weekly Sunnyvale BBQs, town halls, and Matterport Meet-Ups. Its internal language centers on 'Matterpeeps' and three values: Be a Leader, Be Inclusive, and Be the Customer.
Work style
Flexible
Visa sponsorship
Limited
Compensation
Matterport uses a Total Rewards approach with competitive salaries, performance-based bonuses or sales commissions, equity, and strong benefits. Public materials also emphasize fully covered employee health premiums in the U.S., flexible time off, wellness programs, and continuing education.
Benefits
comprehensive health plans
100% employee premium contribution in the U.S.
90% family premium contribution in the U.S.
401(k) retirement plan
employee stock purchase plan
flexible time off
performance bonuses or sales commissions
equity grants for exempt full-time employees
matching gifts for charitable causes
continuing education support
parental leave
wellness programs
Product & market
Pricing
Tiered subscription plans (Free, Starter, Professional, Business, Enterprise) with annual billing, add-ons, capture services, hardware sales, and custom enterprise pricing.
Differentiators
- —All-in-one digital twin platform for capture, editing, sharing, and analytics
- —Works with phones, tablets, 360 cameras, and Matterport Pro cameras
- —AI-powered property intelligence and marketing automation
- —APIs and SDKs for workflow integration and custom applications
- —Capture services available in many cities
- —Enterprise features such as SSO, audit logs, and reporting
Technology
GraphQL APIs
Matterport SDKs
NPM packages
Web components
computer vision
machine learning
TensorFlow/Keras
three.js
Unity
AWS
Customers
residential real estate
commercial real estate
architecture / engineering / construction
insurance and restoration
facilities management
travel and hospitality
manufacturing
public sector / government
Competitors
Zillow 3D Home
CubiCasa
iGUIDE
GeoCV
CloudPano
Asteroom
Scale & contact
Estimated revenue
About USD 150M-200M annually (FY2024 revenue was USD 169.7M)
Estimated monthly visits
11.2M
Traffic estimate as of Jun 2026
Signals & risks
Latest news
Matterport · Feb 2026
Matterport named Matthew Zinn as Chief Legal Officer and Mike Knapp as Vice President and Head of Investor Relations.
Matterport · Jun 2025
Matterport said it had been acquired by CoStar Group and would continue operating as a business unit within CoStar under RJ Pittman’s leadership.
Matterport / BusinessWire · Feb 2025
CoStar finalized its acquisition of Matterport and said the combination would accelerate AI-driven digital twin technology across real estate.
Matterport · Feb 2025
FY2024 revenue was $169.7M, subscription revenue $99.6M, and square feet under management exceeded 50.7B; the company said the acquisition by CoStar was pending close.
Reuters · Apr 2024
Reuters reported CoStar’s announcement that it would buy Matterport for about $1.6B in cash and stock.
Jobs and careers at Matterport
0 jobs at Matterport
No open positions
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