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Matterport

Spatial techUSA
🤝 Acquired
Peak $2.9 BillionToday
~-45%
from peak
  1. 🦄
    Became a unicorn
    ~2021
  2. 📈
    Peak valuation
    $2.9 Billion ’21
  3. 💔
    Became a Unitard
    ~2022
  4. 💸
    Last valuation
    ~$1.6B
Current status
Acquired by CoStar ~$1.6B (2024); stock had fallen below $1B pre-deal

How it happened

Matterport is a US spatial-data company known for 3D digital twins of physical spaces, peaking around $2.9B after a 2021 SPAC merger. Its share price slid well below $1B as growth slowed and post-SPAC sentiment soured. In 2024 CoStar Group agreed to acquire Matterport for about $1.6B, but the company had already fallen below unicorn status in the public market before the deal.

Source: VIP Graphics