Mission Statement, Vision, & Core Values (2024) of Matterport, Inc. (MTTR)

Mission Statement, Vision, & Core Values (2024) of Matterport, Inc. (MTTR)

US | Technology | Software - Application | NASDAQ

Matterport, Inc. (MTTR) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



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 Transformation

Matterport'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
Key Vision Components

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
Technological Infrastructure

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

DCF model

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.