UPDATE - Matterport Wins Best SaaS Product for Real Estate & Property Management

Rhea-AI Summary

Matterport's Property Intelligence, an AI solution for analyzing real estate properties, has been named the Best SaaS Product for Real Estate & Property Management by the International SaaS Awards. It revolutionizes property assessments, providing a fast and scalable solution. Matterport's AI generates reliable property insights and data, allowing home buyers to gain unprecedented insights and simplifying the buying and selling process for property marketers and managers. Last year, Matterport's Property Intelligence helped create a new category in Airbnb's Winter Release called Adapted, which features over 1,100 listings worldwide. In September, Matterport opened access to new features in its Property Intelligence offering, including automatic property measurements, room labels, 2D layouts, and property reports.

Matterport's transformative AI technology, Property Intelligence, automatically generates breakthrough property data and insights for property professionals around the world

SUNNYVALE, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc.’s (Nasdaq: MTTR) Property Intelligence, the company’s proprietary AI solution to analyze real estate properties at scale, has been named 2023’s Best SaaS Product For Real Estate & Property Management by the International SaaS Awards.

Introduced last year, Matterport's Property Intelligence revolutionizes property assessments, providing a fast, scalable and superior solution to today’s costly on-site evaluations conducted by professionals. Building on over a decade of experience in 3D data capture and analysis, Matterport enables customers to utilize its cutting-edge AI to generate reliable property insights and data with unmatched precision.

Home buyers gain unprecedented insights into a home’s potential and can forego multiple property visits and constant agent coordination, thanks to these important innovations. Meanwhile, property marketers and managers can simplify the buying and selling process with all of this powerful information at their fingertips.

Last year, Matterport’s Property Intelligence helped create a new category in Airbnb’s 2022 Winter Release. Using just the Matterport digital twin, this first-of-its-kind technology partnership analyzed and verified a collection of Airbnb homes to ensure they met accessibility standards for guests with mobility needs. The collection, called Adapted, features listings that have step-free entrances to the home and to one or more bedrooms and bathrooms, in addition to at least one accessibility feature in the bathroom. The Adapted category now features over 1,100 listings around the world, including unique homes such as a treehouse in Brazil and a houseboat in Florida.

In September, Matterport opened access to the next set of features in its Property Intelligence offering as part of a new beta program  that automatically generates complete property measurements, room labels, 2D layouts, and property reports. The automation of these functions marked a significant breakthrough for property assessment technology by eliminating the need for time-consuming, tedious, manual measurements and reporting.

This marks just the beginning of Matterport’s plans for Property Intelligence in the months and years to come, all aimed squarely at the company’s mission to make every space more valuable and accessible.

To sign up for the beta program and experience these new features firsthand, visit: http://go.mp/beta

About Matterport
Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.

©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.

Media Contact:
Charlie Stager
Director, Communications
press@matterport.com

Investor Contact:
Mike Knapp
VP, Investor Relations
ir@matterport.com

FAQ

What is Matterport's Property Intelligence?

Matterport's Property Intelligence is an AI solution that analyzes real estate properties at scale, providing fast and reliable property insights and data.

What award did Matterport's Property Intelligence win?

Matterport's Property Intelligence was named the Best SaaS Product for Real Estate & Property Management by the International SaaS Awards in 2023.

What is the purpose of Matterport's Property Intelligence?

The purpose of Matterport's Property Intelligence is to revolutionize property assessments, making them faster and more scalable, and to provide home buyers, property marketers, and managers with valuable property insights and data.

What is the Adapted category in Airbnb's Winter Release?

The Adapted category in Airbnb's Winter Release features listings that have step-free entrances and accessibility features in the bathroom. It was created using Matterport's Property Intelligence technology.

What new features were added to Matterport's Property Intelligence offering?

In September, Matterport added new features to its Property Intelligence offering, including automatic property measurements, room labels, 2D layouts, and property reports.