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§ Private Profile · San Francisco, CA, USA
Building the future of reading
Matter has raised $17.5M across 3 funding rounds.
Key people at Matter.
Matter was founded in 2019 by Robert Mackenzie (Founder) and Ben Springwater (Founder).
Matter has raised $17.5M in total across 3 funding rounds.
Matter is a powerful, modern reading app that lets you save media from anywhere, pulls in your newsletters, lets you listen to your articles in a natural voice, and much more.
Key people at Matter.
Matter is a modern reading app designed to transform how people consume written content on the internet by integrating multiple reading workflows into a single, elegant platform. It combines read-it-later functionality, newsletter and blog subscriptions, and social curation to create a distraction-free, personalized reading experience. Matter serves readers who want to efficiently manage and engage with diverse content formats—articles, newsletters, Twitter threads, PDFs—and offers features like natural text-to-speech, offline access, highlighting, and note-taking. Its core mission is to increase the return on investment (ROI) of reading time by helping users gain more insight, knowledge, and enjoyment from their reading, effectively encouraging them to read more[1][2][3][4][5].
Matter was founded in 2019 by Ben Springwater and Robert Mackenzie, who met while working at Nextdoor. They launched the company out of Y Combinator’s Summer 2020 batch after raising an initial angel round and a $7 million Series A led by GV (Google Ventures). The founders identified a gap in the reading app market, noting that existing tools like Instapaper and Pocket had not evolved to meet the changing ways people discover and consume content, such as through newsletters and social media recommendations. Their goal was to build a better reading app that not only cleans and formats articles for distraction-free reading but also curates and recommends high-quality content through a “recommendation graph” to help users make better reading choices[2][6][1].
Matter rides the wave of increasing content overload and the fragmentation of reading sources across the internet. As digital reading shifts from isolated articles to a blend of newsletters, social media, and paywalled content, Matter addresses the need for a centralized, user-controlled reading environment that prioritizes quality and intentionality over algorithm-driven noise. The timing is critical as readers demand more from their reading tools—better curation, accessibility, and integration with their digital lives. Matter influences the broader ecosystem by setting new standards for reading apps, emphasizing human curation, interoperability, and a holistic reading experience that supports deeper engagement and knowledge retention[1][2][5].
Looking ahead, Matter is poised to expand its influence by refining its recommendation algorithms, scaling its writer-following capabilities, and enhancing AI-powered features like the AI Co-Reader. Trends such as the rise of audio content, personalized knowledge management, and the growing importance of digital wellness will shape its evolution. Matter’s commitment to agency over algorithm and quality over recency positions it well to become the go-to platform for intentional reading in an increasingly noisy digital world. Its success will likely encourage further innovation in reading technology and content discovery, reinforcing its role as a key player in the future of reading[1][2][4][5].
Matter has raised $17.5M across 3 funding rounds. Most recently, it raised $10.0M Series A in August 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 1, 2023 | Q.ai | Seed | — | Kleiner Perkins, GV, Aleph, Exor, Corner Ventures |
Matter was founded in 2019 by Robert Mackenzie (Founder) and Ben Springwater (Founder).
Matter has raised $17.5M in total across 3 funding rounds.
Matter's investors include Kate Danaher, Katherine Keating, Katapult Ocean, Regeneration.VC, GV, British Design Fund, 01 Advisors, Kevin Hartz, A* Capital (A Star Capital), Boost VC, BoxGroup, DCM.