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.

How many employees does Matter have?

As of May 31, 2026, the latest employee count at Matter is 6.

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. Its primary sector is Productivity Software. In United States, the Productivity Software sector has seen $344M in funding in 2026 to date.

Where does Matter rank among its competitors?

Matter ranks 16th amongst 742 active competitors, of which 30 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 742 active competitors, including 30 funded and 10 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

16^th among 742 active competitors

Employee Count

6 as on May 31, 2026

Similar Companies

Grammarly & 850 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	8648868	Series A	4520906	3465353	4737694	1560277
Aug 26, 2020	4765791	Seed	3275488	5882458	7005516	6435488
2020	1450	Seed	8558	9504	Patrick Collison & 3 more	8451

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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 6 employees as of May 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	GSV Ventures, Sierra Ventures & 2 others	64/100
3rd	Ginger Software 2007, Boston (United States), Series D	Software for improving grammatical skills	$21M	Harbor Pacific Capital, Vaizra Investments ... & 2 others	60/100
4th	Upworthy 2012, New York City (United States), Acquired	Online platform for sharing photos and videos	$12M	Spark Capital, New Enterprise Associates & 6 others	60/100
5th	Intento 2013, Berkeley (United States), Series A	Provider of AI-driven language translation and localization platform for enterprises	$16.2M	Flint Capital, Somersault Ventures & 12 others	55/100
6th	Compose.ai 2016, San Francisco (United States), Seed	Provider of a DIY chatbot builder	$2.22M	Craft Ventures, Y Combinator & 3 others	54/100
7th	Inoreader 2013, Sofia (Bulgaria), Unfunded	Personalized news aggregator platform	-	-	50/100
8th	Napkin 2021, Palo Alto (United States), Seed	Provider of AI-based writing assistants platform	$10M	CRV, Accel	48/100
9th	Correcto 2021, Madrid (Spain), Series A	Provider of an app-based platform for writing assistants	$7.2M	Octopus Ventures, RiverPark Ventures & 2 others	46/100
10th	Type 2017, San Francisco (United States), Seed	Provider of AI-based writing assistants platform	$500K	Y Combinator, Cervin & 4 others	46/100
16th	Matter 2020, San Francisco (United States), Series A	Social reading app for articles, blogs, and newsletters	$9.15M	Google Ventures, Gaingels & 13 others	42/100