(Pricing on the above graph is based upon a 2,000 sq. ft. home.)
As many of you know, we firmly believe that Matterport 3D Tours are the most comprehensive visual media available and it allows homebuyers to tour every inch of a home. So let us give you a brief overview of the company.
MATTERPORT 3D TOURS
While founded in 2011, the marginal growth was rather slow to grow as most people were unfamiliar with such a revolutionary piece of technology. However, the Matterport boom really began to explode when their new Pro250 camera was launched in 2018. Since this launch, their subscribers have grown approximately 29-fold with current annual revenues close to $100 million.
By June 30, 2021, Matterport’s subscriber base had grown to over 404,000 subscribers, with their digital twins reaching more than 150 countries and growing. Today they have digitized more than 10 billion square feet of space representing over 5.6 million structures. With more than 220 employees, this company will eventually totally change the way that real estate properties will be shown.
The most recent evolution of Matterport is their new AI Cortex Software which now allows cell phones and 360° cameras to be used to create software-created 3D tours. While Snap2Close is not a fan of using alternative cameras because of their lower quality, this software evolution has clearly further expanded its footprint. If you have a minute check out the video below.
