Matterport to go public via SPAC

In 2011, the company began focusing on providing 3D tours for homes, but has since expanded to other industries, currently claiming the largest spatial data library in the world with over 10 billion square feet of space mapped. All parts of the real estate ecosystem are moving toward public markets to effectively compete as the industry matures. With IPOs and the relatively new SPAC route, companies have increasing options. Read the lead article in this Insight “Real Estate Goes Public,” for more details.