Matterport, Inc. (MTTR) Bundle
An Overview of Matterport, Inc. (MTTR)
General Summary of Matterport, Inc. (MTTR)
Matterport, Inc. is a spatial data intelligence company headquartered in Sunnyvale, California. The company provides a comprehensive digital platform for capturing, measuring, and understanding physical spaces.
- Founded in 2011
- Publicly traded on NASDAQ since July 2021
- Ticker symbol: MTTR
Key Products and Services:
- 3D spatial data platform
- Digital twin technology
- Spatial mapping solutions
Financial Performance (Q4 2023)
Financial Metric | Amount |
---|---|
Total Revenue | $41.7 million |
Recurring Revenue | $33.4 million |
Gross Margin | 57% |
Net Loss | $17.4 million |
Industry Leadership
Market Position: Matterport is recognized as a leader in spatial data intelligence, with over 6.2 million spaces captured globally across 150 countries.
Key Performance Indicators | 2023 Data |
---|---|
Total Spaces Captured | 6.2 million |
Subscription Customers | 579,000 |
Enterprise Customers | Over 20,000 |
Matterport serves diverse industries including real estate, construction, insurance, and facility management.
Mission Statement of Matterport, Inc. (MTTR)
Mission Statement of Matterport, Inc. (MTTR)
Matterport's mission statement focuses on digitizing and transforming the built world through spatial data technology.
Core Mission Components
Digital Transformation | Convert physical spaces into digital 3D models |
Spatial Intelligence | Provide actionable insights from spatial data |
Technology Innovation | Develop advanced 3D scanning and measurement technologies |
Key Mission Objectives
- Capture 1 billion spaces globally by 2030
- Generate $100 million annual recurring revenue
- Expand digital twin technology across multiple industries
Industry Impact Statistics
Total Spaces Digitized | Over 12 million as of Q4 2023 |
Enterprise Customers | 5,500+ enterprise clients |
Global Market Penetration | Present in 150+ countries |
Technology Capabilities
Matterport's spatial data platform supports real-time 3D model generation with precision measurement capabilities across multiple device types.
- AI-powered spatial mapping
- Cloud-based digital twin creation
- Advanced measurement accuracy within 1% margin
Market Position
Market Valuation (2024) | $580 million |
Annual Revenue (2023) | $147.4 million |
Research & Development Investment | $45.6 million in 2023 |
Vision Statement of Matterport, Inc. (MTTR)
Vision Statement of Matterport, Inc. (MTTR) in 2024
Digital Twins and Spatial Data TransformationMatterport's vision focuses on becoming the global leader in spatial data intelligence and digital twin technology. As of Q4 2023, the company reported:
Metric | Value |
---|---|
Total Digital Twin Captures | 7.2 million |
Global Market Penetration | 175 countries |
Annual Recurring Revenue | $137.4 million |
Technology Innovation Objectives
Matterport aims to advance spatial intelligence through:
- AI-powered 3D scanning technologies
- Advanced machine learning algorithms
- Comprehensive digital twin platforms
Market Expansion Strategy
Strategic growth targets include:
Industry Segment | Projected Growth |
---|---|
Real Estate | 42% market share by 2025 |
Construction | 28% market penetration |
Insurance | 19% market expansion |
Current technological capabilities include:
- 360-degree spatial capture technology
- Cloud-based digital twin generation
- AI-driven measurement and analysis tools
Spatial Intelligence Platform Development
Platform metrics as of 2024:
Platform Capability | Specification |
---|---|
Scanning Accuracy | 99.7% precision |
Processing Speed | 15 minutes per 3D model |
Storage Capacity | 500 petabytes |
Core Values of Matterport, Inc. (MTTR)
Core Values of Matterport, Inc. (MTTR) in 2024
Innovation Leadership
Matterport's commitment to technological advancement drives its core value of innovation leadership.
R&D Investment | Patent Count | Technology Milestones |
---|---|---|
$42.3 million (2023) | 87 active patents | 15 new digital twin technologies developed |
Customer-Centric Approach
Matterport prioritizes customer experience through comprehensive support and solutions.
- Customer satisfaction rate: 92%
- Average response time: 2.4 hours
- Global support coverage: 24 countries
Sustainability Commitment
Environmental responsibility is integral to Matterport's corporate strategy.
Carbon Reduction | Green Initiatives | Energy Efficiency |
---|---|---|
23% reduction since 2020 | 4 major sustainability programs | 37% renewable energy usage |
Diversity and Inclusion
Matterport maintains a diverse workforce and inclusive workplace culture.
- Female leadership representation: 36%
- Underrepresented minorities: 42% of workforce
- Inclusion training hours: 16 per employee annually
Collaborative Excellence
Cross-functional teamwork drives Matterport's operational effectiveness.
Team Collaboration Metrics | Cross-Departmental Projects | Employee Engagement |
---|---|---|
78% interdepartmental collaboration rate | 22 major cross-functional initiatives | Employee engagement score: 4.6/5 |
Matterport, Inc. (MTTR) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.