When was Matter founded?

Matter was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Matter located?

Matter is headquartered in San Francisco, United States.

Who is the current CEO of Matter?

Ben Springwater of Matter. They have also founded 1 company.

How many employees does Matter have?

As of Mar 31, 2026, the latest employee count at Matter is 5.

Is Matter a funded company?

Matter is a funded company, having raised a total of $9.15M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2020.

When was the latest funding round of Matter?

Matter's latest funding was a $***** Series A round on Oct 06, 2021, with participation from 5 investors.

Where does Matter rank among its competitors?

Matter ranks 12th amongst 589 active competitors, of which 28 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Intento, which secured $3.95M in Sep, 2025.

Who are the top competitors of Matter?

Matter's top competitors include Grammarly, QuillBot and Ginger Software. Among them, Intento secured the most recent funding round in September, 2025.

Matter - 2026 Company Profile, Team, Funding & Competitors

Matter is a series A company based in San Francisco (United States), founded in 2020 by Ben Springwater. It operates as a Social reading app for articles, blogs, and newsletters. Matter has raised $9.15M in funding from Y Combinator and Google Ventures. The company has 589 active competitors, including 28 funded and 8 that have exited. Its top competitors include companies like Grammarly, QuillBot and Ginger Software.

Company Details

Social reading app for articles, blogs, and newsletters. It offers various tools, curation, seamless audio and more for readers. It is available for iOS devices.

Website: hq.getmatter.com/
Social
Email ID: *****@getmatter.com

Key Metrics

Founded Year

2020

Location

San Francisco, United States

Stage

Series A

Total Funding

$9.15M in 3 rounds

Latest Funding Round

Series A, Oct 06, 2021, $*****

Investors

Y Combinator & 14 more

Ranked

12^th among 589 active competitors

Employee Count

5 as on Mar 31, 2026

Similar Companies

Grammarly & 697 more

View Matter's full profile

Matter has raised a total funding of $9.15M over 3 rounds. Its first funding round was on 2020. Its latest funding round was a Series A round on Oct 06, 2021 for $*****. 5 investors participated in its latest round. Matter has 9 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Matter:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 06, 2021	3540491	Series A	5731237	3462421	2451259	9778469
Aug 26, 2020	9364220	Seed	5995565	4764291	8462903	1768267
2020	7345	Seed	2788	1966	Patrick Collison & 3 more	6536

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View details of Matter's funding rounds and investors

The founders of Matter is Ben Springwater. Ben Springwater is the CEO of Matter.

Here are the details of Matter's key team members:

Ben Springwater: Co-Founder & CEO of Matter.
Contact Info: 1 email address

View details of Matter's Founder profiles and Board Members

Matter's employee count trend

Matter has 5 employees as of Mar 26. Here is Matter's employee count trend over the years:

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Top competitors of Matter include Grammarly, QuillBot and Ginger Software. Here is the list of Top 10 competitors of Matter, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Grammarly 2009, San Francisco (United States), Series B	Provider of AI and cloud-based writing assistance platform for improving writing and communication	$545M	General Catalyst, Baillie Gifford & 9 others	81/100
2nd	QuillBot 2017, Chicago (United States), Acquired	Provider of an AI-based paraphrasing tool	$4.28M	Sierra Ventures, GSV Ventures & 2 others	62/100
3rd	Ginger Software 2007, Boston (United States), Series D	Software for improving grammatical skills	$21M	Harbor Pacific Capital, Vaizra Investments ... & 2 others	61/100
4th	Intento 2013, Berkeley (United States), Series A	Provider of AI-driven language translation and localization platform for enterprises	$16.2M	Flint Capital, Somersault Ventures & 10 others	55/100
5th	Upworthy 2012, New York City (United States), Acquired	Online platform for sharing photos and videos	$12M	New Enterprise Associates, Spark Capital & 6 others	50/100
6th	CleverType 2024, Kozhikode (India), Unfunded	Provider of AI-powered keyboard tools for grammar correction and tone adjustment	-	-	46/100
7th	Inoreader 2013, Sofia (Bulgaria), Unfunded	Personalized news aggregator platform	-	-	45/100
8th	TextAdviser Beograd (Serbia), Unfunded	TextAdviser: AI-Powered Writing Assistance for Polished Content \| TextAdviser	-	-	45/100
9th	Essential AI 2023, San Francisco (United States), Series A	Developer of language model-based software for enterprises	$64.8M	Thrive Capital, Marc Capital & 14 others	45/100
10th	eAngel 2012, Canada, Unfunded	Provider of an app-based proofreading service	-	-	44/100
12th	Matter 2020, San Francisco (United States), Series A	Social reading app for articles, blogs, and newsletters	$9.15M	Gaingels, Google Ventures & 13 others	42/100