Tag Archives: digital twins

In the wake of Matterport’s sale, digital twin options are plentiful

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Matterport’s sale to CoStar will ignite interest in the value of digital twins and tour marketing, and the options for creating them are many. Continue reading →

With Matterport buy, CoStar makes it a ground game

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Digital twin creation company Matterport has sold to CoStar, parent of home search experience Homes.com and Zillow’s chief rival. The deal stands to greatly increase the amount of industry data available to the company for use in its appeal to both rea… Continue reading →

Matterport pulled in $158M last year, up 16% despite $65.8M loss

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The company said it expects to grow total revenue 19 percent to 22 percent this year as it continues its expansion as an industry leader. Continue reading →

Latest Matterport release looks to ‘automate the future’

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Known as Matterport Property Intelligence, the release contains features now out of beta testing, such as automatic room-by-room labeling and dimensions, color-coded and company-branded floor plans and property reports for fully detailed physical listi… Continue reading →

Vacasa gives Matterport multi-year marketing deal

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Matterport and Vacasa will be traveling a lot together in the near future. The vacation home company hired the digital twin creator in a multi-year contract to help market its global portfolio of vacation homes under management. Continue reading →

Matterport calculates square feet, labels rooms with latest AI update

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The feature is in beta mode and, upon formal rollout, will allow agents instant access to room dimensions and total square footage by room and floor, according to an announcement Tuesday. Continue reading →

Matterport’s Genesis doubles-down on digital twin management

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Matterport, the company that commercialized 3D listing tours and made the industry familiar with the term “digital twin,” has set yet another benchmark for digitally immersive real estate marketing with the release of Genesis. Continue reading →

Matterport overhauls account plans amid subscriber growth

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Much-needed changes were made according to account level. Customers were lumped into buying what seemed like random blocks of home scans with big gaps between the number of digital twins allowed. Continue reading →

Matterport Q1 revenue jumps as subscribers unexpectedly grow

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On a quarterly earnings call Tuesday, Matterport told shareholders, analysts and media attendees that total revenue for the first quarter of 2023 was $38 million, a 33 percent increase from quarter one last year.
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Matterport Digital Pro offers listing agents all-in-one marketing package

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Matterport Digital Pro includes 3D tour, 25 or more high-end still photos, a static 2D floor plan and a 10-15 second preview reel. Continue reading →