OpenSpace

San Francisco, United States Founded: 2017 • Age: 9 yrs
Construction sites are monitored via AI-powered SaaS technology.
Annual revenue - Latest available
Total funding $198.7M 7 rounds
Employees - Tracked headcount
Investors 29 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About OpenSpace

OpenSpace is a company based in San Francisco (United States) founded in 2017 by Jeevan Kalanithi, Philip DeCamp, and Michael Fleischman. It operates as a SaaS (Software-as-a-Service). OpenSpace has raised $198.7 million across 7 funding rounds from investors including WeWork, Mirae Asset and Wellfound. OpenSpace offers products and services including OpenSpace Capture, OpenSpace Air, OpenSpace BIM+, and OpenSpace Progress Tracking. OpenSpace operates in a competitive market with competitors including CompanyCam, Disperse, OnSiteIQ, PassiveLogic and CINTOO, among others.

  • Headquarter San Francisco, United States
  • Founders Jeevan Kalanithi, Philip DeCamp, Michael Fleischman
  • Stage Soonicorn
  • Sectors
    Real Estate & Construction
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Open Space Labs, Inc.
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $198.7 M (USD)

    in 7 rounds

  • Latest Funding Round
    $9 M (USD), Series D

    Aug 09, 2022

  • Investors
    WeWork

    & 28 more

  • Employee Count
    Not available
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Products & Services of OpenSpace

OpenSpace offers a comprehensive portfolio of products and services, including OpenSpace Capture, OpenSpace Air, OpenSpace BIM+, and OpenSpace Progress Tracking.

Product name locked
Category locked
Primary

A complete visual record of projects is provided.

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Drone imagery is managed with this all-in-one tool.

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Daily field tasks are simplified with 3D tools.

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Clear project progress is ensured with reliable solutions.

People of OpenSpace

Headcount 200-500
Employee Profiles 87
Board Members and Advisors 1
Employee Profiles
People
Henry Ngo
Software Engineering Manager - Devsecops
People
Michael Olsen
Software Engineer
People
Chelsea Rawls
Manager, People Business Partnership
People
Kian Iraninejadian
Sales Operations Manager

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Board Members and Advisors
people
Grace Liu
Strategic Advisor

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Funding Insights of OpenSpace

OpenSpace has successfully raised a total of $198.7M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $9 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in OpenSpace

OpenSpace has secured backing from 29 investors, including venture fund and institutional investors. Prominent investors backing the company include WeWork, Mirae Asset and Wellfound.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Taronga Group is engaged in technology and real asset investments.
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Diversified investment firm
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Tech startups are funded by Alpaca venture capital firm.
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Investor details for OpenSpace

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Investments & Acquisitions by OpenSpace

Investments
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Investment portfolio details for OpenSpace

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  • Transaction dates
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Financial Statements - OpenSpace

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Detailed financials for OpenSpace

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Openspace Comparisons

OpenSpace Primary company
Description
Construction sites are monitored via AI-powered SaaS technol...
Location
San Francisco, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for OpenSpace

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Competitors of OpenSpace

OpenSpace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CompanyCam, Disperse, OnSiteIQ, PassiveLogic and CINTOO, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based AR-enabled photo collaboration for field services is provided.
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AI-based solutions for monitoring and tracking construction sites are provided.
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AI and SaaS-based visual documentation is provided for construction projects.
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Digital-twin solutions are provided for managing construction project lifecycles.
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SaaS-driven digital twins for construction project management are provided.
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Detailed competitors of OpenSpace

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Latest news on Openspace

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Complete news archive for OpenSpace

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about OpenSpace

OpenSpace was founded in 2017.

OpenSpace is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Jeevan Kalanithi is the current CEO of OpenSpace. They have also founded this company.

OpenSpace is a funded company, having raised a total of $198.7M across 7 funding rounds to date.

OpenSpace is established as a Visual Intelligence Platform tailored for the construction industry. Solutions are provided for builders, general contractors, trades, and owners to enhance project clarity and efficiency. Real-time insights from the field are delivered through products like OpenSpace Capture, Air, BIM, and Progress Tracking. Integration with existing tools is supported to streamline workflows. The platform is utilized globally, capturing extensive project data across multiple countries. AI-powered workflows are continuously improved to offer actionable intelligence for jobsite management.

OpenSpace's top competitors include CompanyCam, PassiveLogic and Disperse.

OpenSpace offers OpenSpace Capture, OpenSpace Air, OpenSpace BIM+, and OpenSpace Progress Tracking.

OpenSpace has 29 investors. Key investors include WeWork, Mirae Asset, Wellfound, BlackRock, and Tishman Speyer.

The valuation of OpenSpace is $902M as of Mar 2022.

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