# Matternet

**Source:** https://www.startuphub.ai/startups/matternet
**Profile type:** Startup

> Matternet is at the forefront of urban air mobility, specializing in the development of autonomous drone delivery platforms.

## About

Matternet designs, builds, and operates autonomous drone networks for ultra-fast, low-cost, and zero-emission package delivery. Their system, featuring FAA Type Certification, enables on-demand aerial logistics for healthcare, commerce, and new economies. With extensive operational experience in US and European cities, Matternet provides a safe and precise delivery solution.

## Key facts

- **Slug:** matternet
- **Website:** https://matternet.com
- **Location:** Mountain View, USA
- **Founded:** 2011
- **Employees:** 53
- **Operating status:** Active
- **Total funding:** $32M
- **Sectors / tags:** Drone Technology, LogisticsTech, Autonomous Vehicles, Robotics, Supply Chain, Healthcare Logistics, E-Commerce Logistics, Urban Air Mobility
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/matternet-inc
  - Twitter: https://twitter.com/matternet
  - Facebook: https://www.facebook.com/matternet

## Frequently asked

### What does Matternet do?

Matternet designs, builds, and operates autonomous drone networks for ultra-fast, low-cost, and zero-emission package delivery. Their system, featuring FAA Type Certification, enables on-demand aerial logistics for healthcare, commerce, and new economies. With extensive operational experience in US and European cities, Matternet provides a safe and precise delivery solution.

### How much funding has Matternet raised?

Matternet has raised a total of $32M in funding. The most recent round on record is Later Stage VC.

### Where is Matternet headquartered?

Matternet is headquartered in Mountain View, USA.

### When was Matternet founded?

Matternet was founded in 2011.

### What industry does Matternet operate in?

Matternet operates in Drone Technology, LogisticsTech, Autonomous Vehicles, Robotics, Supply Chain, Healthcare Logistics.

### How many employees does Matternet have?

Matternet has approximately 53 people on record.

### What is Matternet's revenue?

StartupHub estimates Matternet's annual revenue at $13.2M (range $7.1M to $20.1M, 65% confidence), based on comparable companies in the sector.

### What is Matternet's valuation?

StartupHub estimates Matternet's effective valuation at $115.3M (range $78.8M to $189.0M, 22% confidence), based on comparable companies in the sector.

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