The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport's turf
The San Francisco-based startup now says it's worth $2.5 billion — way up from $1 billion just three months ago
The spatial data and 3D tour company estimates the enterprise value of the combined companies will clock in at approximately $2.3B
The company plans to use the new capital to expand into new markets and launch additional products to create an end-to-end homebuying experience
The growing social network announced in May it raised $123M, but that round closed on Monday with $170M
The hyperlocal social network is now valued at $2.1B