Today marks the beginning of an exciting new chapter for Matterport and our customers, partners, and service providers. 5 years ago we set out to create the first 3D capture solution to combine extraordinary performance and ease of use at a price point in reach for businesses and professionals alike. With the support of our customers and partners, Matterport has become the industry leader in 3D capture for the built world spanning many industries from real estate, to construction, travel & hospitality, insurance, and more.
Our ecosystem of capture technology driven by our powerful Pro2 cameras and advanced computer vision and image processing services in Matterport Cloud has enabled our customers and partners to capture the world in 3D at impressive global scale. This has created productivity breakthroughs in every industry we have pursued together with our partners.
With millions of spaces scanned in over 100 countries, Matterport spaces have been viewed nearly 1 billion times and we’re just getting started.
Our patented AI-driven image processing capabilities have reached a tipping point in deep-learning performance that has unlocked the next stage of our mission to make Matterport 3D capture accessible to everyone. We call it Cortex. Cortex has trained on billions of 3D data points captured in Matterport Cloud to construct stunning Matterport 3D models from two-dimensional images captured with spherical lens cameras, commonly known as 360 cameras. Support for this new class of cameras provides a low-cost, entry-level solution to a new customer.
To capitalize on this important advancement we have reimagined the entire Matterport ecosystem to accelerate the adoption of Matterport 3D. You can learn more about our new product updates including Matterport Cloud 3, Capture 3 for iPhone, and support for 360 cameras. Matterport is now within reach to everyone.
A rising tide lifts all boats.
The future of Matterport is designed with our entire network of customers, partners, and MSPs in mind. The power of Cortex expands the addressable market tenfold for everyone. And as we accelerate our efforts to open up the Matterport Cloud platform to developers and partners, the possibilities are limitless.
We’re excited for the future, and it starts today. Let’s do it together.
RJ Pittman, CEO