OpenSpace

OpenSpace is an AI technology company on a mission to bring new levels of transparency and efficiency to construction and real estate. 

OpenSpace provides next-generation 360 construction photo documentation software, powerful integrations and the smartest analytics tools in the industry. 

OpenSpace was founded in 2017 by Jeevan Kalanithi, Philip DeCamp and Michael Fleischman. The company is headquartered in San Francisco, California.

 

OpenSpace's solutions combines simple off-the-shelf 360° cameras, computer vision, and AI to make it incredibly easy to capture a complete visual record of a jobsite, share it via the cloud, and track progress remotely.

 

OpenSpace's software automatically handles imagery capture. After the data is uploaded, it organizes the images, pins them to the correct location on the floorplan, and stitches them together—with no additional manual input needed. 

 

OpenSpace customers have captured more than 7B square feet of jobsite imagery, using the platform's simple automated system.  The company recently launched ClearSight, a new suite of analytics tools, which include AI-powered features like Object Search and Progress Tracking.

 

OpenSpace is backed by Menlo Ventures, Alkeon Capital Management, PSP Growth, BlackRock, Lux Capital, JLL Spark, Navitas Capital, Nine Four Ventures, Taronga Group, Alpaca VC, and others. The company raised $102M in Series D round on Mar 02, 2022. This brings OpenSpace's total funding to $190.3M to date. The latest round valued the company at a $902M to date.

 

 

  • Year founded: 2017
  • Funding Info: $190.3M over 5 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $902M as of Mar 02, 2022
  • City/Town: San Francisco
  • State: California
  • Country: United States
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