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Matterport, Inc. is a digitization and datafication company. The Company’s technology is focused on digitizing, accessing and managing buildings, spaces and places online. The Company’s technology platform uses spatial data collected from a variety of digital capture devices to transform physical buildings and spaces into dimensionally accurate, photorealistic digital twins that provide its subscribers access to previously unavailable building information and insights. The Company has developed and scaled its three-dimensional (3D) reconstruction technology powered by Cortex, its artificial intelligence (AI)-driven software engine that uses machine learning to recreate a photorealistic, 3D virtual representation of an entire building structure, including contents, equipment and furnishings. The Company serves residential and commercial real estate, facilities management and retail, engineering and construction (AEC), insurance and repair, and travel and hospitality.
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