matterport stock news

Put an asterisk next to this next potential 10-bagger growth stock, which isn't technically public yet. The SPAC deal values Matterport at $2.9 billion, a hefty price for a company doing just $86 million in revenue last year, but the business enjoys an incredible growth runway. SUNNYVALE, Calif. and LONDON, June 7, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, which has entered into a definitive a... Other stocks mentioned: GHVIU 1 week ago - PRNewsWire Why Gores Holdings VI Stock Climbed 11.3% Last Month "She was also recently named as one of the Top 50 CMOs in China by R3. Company profile page for Matterport Inc including stock price, company news, press releases, executives, board members, and contact information Yet another SPAC merging with a 'future of real estate' play, take advantage of the recent weakness in GHVI stock… Latest News about Matterport. Potential buyers and renters can view staged properties and more deeply understand and visualize … If the post above contributes to the sub in a meaningful way, please upvote this comment! Matterport is a property technology company that delivers an end-to-end system for creating, modifying, distributing, and navigating 3D and virtual reality (VR) versions of real-world spaces on the Web, mobile devices, and VR headsets. As a result, the company is deepening its … View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. GHVI is a SPAC (special purpose acquisition company) started by Gores Group. Our team has built the first end-to-end system for creating, modifying, distributing, and navigating immersive 3D and virtual reality (VR) versions of real-world spaces on web and mobile devices. Stock Ideas and Recommendations. Availability: In Stock. Matterport, a company that provides virtual reality technology used in virtual walkthroughs of homes and office spaces, said this week that it’s planning to go public on the NASDAQ stock … Matterport, a developer of 3D spatial mapping tools, agreed to go public through a merger with Gores Holdings VI ( NASDAQ:GHVI), a special purpose acquisition company (or SPAC), in February. Advanced. GHVI Gores Holdings VI Inc - Ordinary Shares - Class A — Stock Price and Discussion | Stocktwits. Restoration contractors can realize 5x productivity gains in sketch time, increase accuracy of sketches by 33% and estimate losses 4x faster . Get daily stock ideas top-performing Wall Street analysts. Matterport, for those unfamiliar, is a 2011 startup that initially sold 360-degree cameras for creating virtual tours and developed cloud-based software for converting 2D images into 3D spaces. Brand: Matterport. Recent news which mentions Matterport. The group has successfully taken many companies public including Luminar. GHVI 14.85 0.54 (3.51%) Matterport IPO stock looks like a buy Matterport monetizes data through the SaaS (Software-as-a-Service) model and reported a 500 percent increase in subscribers in 2020. Its revenues in the year rose 87 percent to $85.9 million, which would mean a 2020 price-to-sales multiple of 33.7x. Giraffe360, a robotic camera for real estate, raises $4.5M from LAUNCHub and Hoxton Ventures. Investor Relations. Porch (NASDAQ: PRCH), a platform that connects homeowners with service providers, … The VC-backed real estate tech company Matterport, which designs software that allows virtual walkthroughs, is the latest firm to explore going public via a blank-check company. That said, Gores Holdings VI (GHVI), a special purpose acquisition company, or SPAC, is set to take Matterport public in the second quarter through a reverse IPO. About Matterport Stock. Your vote determines the fate of this post! March 05, 2019. Matterport said it grew its subscriber base by five times to 250,000 during 2020. Matterport Capture app arrives in the Google Play Store, fully compatible with the Matterport Pro2 Camera and popular 360 cameras for industry-leading 3D capture of the built world SUNNYVALE, Calif. Matterport Capture Services experienced significant growth in 2020 with over 50 million square feet captured. Real estate VR (virtual reality) company Matterport plans to go public and announced a merger with Gores Holding VI (GHVI). Latest news about Matterport – Stock Market | FinancialContent Business Page. Latest News about Matterport. S&P 500 0.16%. * … The deal is expected to close in second quarter. Jellis Craig Stonnington estimates that its transition to listings with Matterport 3D experiences has saved it between $150,000 – $200,000 per year. Market leadership, diverse use cases and datafication are competitive advantages, but no-to-narrow moat and high valuations detract. Matterport Benefits Overview. All existing Matterport stockholders will roll the entirety of their equity holdings into the combined company and are expected to hold approximately 75% of the issued and outstanding shares of common stock of the combined company immediately following the closing. Matterport’s new app costs $10 per month, a professional subscription about $70 and a business subscription for 20 users $310. Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, today announced the availability of the Matterport Capture app in the Google Play Store, giving billions of Android users in 175 countries the ability to quickly and easily capture buildings and spaces in immersive 3D. NASDAQ 0.29%. Matterport To Go Public Via Merger With Gores Holdings VI - Quick Facts. Tickers CBRE CEO TC. Matterport. The call can be accessed by dialing (833) 470-1428 (domestic toll-free number) or (404) 975-4839 (international) and providing the conference ID 970391. Matterport Stock. www.fool.comWhy Matterport Could Be a Multi-Bagger Stock - Motley Fool; Apr. www.matterport.com | Augmented/Virtual Reality | Founded: 2011 | Funding to Date: $144,152,315. Customers are rapidly bringing buildings and spaces online to access, manage, and utilize them more effectively than ever before. SUNNYVALE, Calif. , April 8, 2021 /CNW/ -- Matterport, the spatial data company leading the digital transformation of the built world, today made TruePlan™ for Xactimate ® available to its customers. Bloomberg first reported the news. Home » Matterport To … Matterport CEO RJ Pittman and Mark Stone, senior managing director of The Gores Group, joined "Squawk Box" on Monday to discuss. Hi! Matterport, which has raised $114 million in venture-capital money since its founding in 2011, has seen a dramatic … Matterport Launches Global Capture Services for the Enterprise. Capture app for Android supports over 3,500 unique devices in 12 different languages, significantly increasing the world's access to Matterport's groundbreaking 3D capture and … Matterport IPO stock looks like a buy Matterport monetizes data through the SaaS (Software-as-a-Service) model and reported a 500 percent increase in subscribers in 2020. After a record year in 2020, the U.S. IPO market is looking strong in 2021. Matterport, a venture capital-backed start-up that helps landlords and operators create virtual tours of their properties, is the latest proptech company in the news for going public via a special purpose acquisition vehicle ().. iBuying platform Opendoor (NASDAQ: OPEN) used a SPAC to go public in late 2020. In the medium to long term, the stock should trade on Matterport’s fundamentals, which seem to be bright. SUNNYVALE, Calif., May 26, 2021 /PRNewswire via COMTEX/ -- … From TechCrunch. AMD News – Matterport Stock – Digital Twins for Global Real Estate. Matterport is a property technology company that delivers an end-to-end system for creating, modifying, distributing, and navigating 3D and virtual reality (VR) versions of real-world spaces on the Web, mobile devices, and VR headsets. In February 2021, Matterport announced that it has entered into a definitive agreement to enter into a business combination with Gores Holdings VI … Pinduoduo ( PDD ) Last 24 Hours: 868 Unique Visitors. Matterport (MTTR) is set to go public via a SPAC merger. Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com! Matterport Announces Record Quarterly Financial Results. ... Sound Ventures, CBRE Group, News Corp., Felicis Ventures, Ericsson Strategic Ventures. In February 2021, Matterport announced that it has entered into a definitive agreement to enter into a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, that will result in Matterport becoming a publicly listed company.