Openspace Announces Series C Funding To Expand Automated Construction Progress Tracking And Accelerate International Expansion
Openspace Announces Series C Funding To Expand Automated Construction Progress Tracking And Accelerate International Expansion
04/28/21, 1:02 PM
Location
san franciscoRound Type
series c
OpenSpace, the global leader in 360° construction photo documentation and analysis, today announced a $55M Series C funding round, led by Alkeon Capital Management. The funding comes at an exciting time for the company, which also announced recently that it's expanding access to the ClearSight Progress Tracking platform to its full customer base. Additional participants in the round include PSP Partners, GreenPoint Partners and New World Development, as well as returning investors Lux Capital, Menlo Ventures, JLL Spark, Navitas Capital and Zigg Capital.
Company Info
Location
san francisco, california, united states
Additional Info
Founded in 2017, OpenSpace is an AI technology company on a mission to bring new levels of transparency and efficiency to construction and real estate. With our platform, builders automatically capture a complete visual record of the jobsite, providing a single source of truth that increases coordination, drives accountability, and simplifies dispute resolution. To date, our customers have used OpenSpace to capture more than seven billion square feet of imagery from active construction projects across thousands of sites in over seventy-five countries.