Openspace Expands Strategic Capital With An Additional Us$9M In Funding, Bringing Series D Total To Us$111M
Openspace Expands Strategic Capital With An Additional Us$9M In Funding, Bringing Series D Total To Us$111M
08/09/22, 4:02 PM
Location
san franciscoIndustry
consumer goods
real estate
data and analytics
software
commerce and shopping
Round Type
series d
OpenSpace, the global leader in 360° jobsite capture and AI-powered analytics, today announced US$9M in additional strategic capital for its Series D round, bringing the total raised to US$111M. The investment comes from funds managed by existing investors Taronga Ventures and GreenPoint Partners, spotlighting OpenSpace's exciting opportunities to expand into new markets and use cases. The investment will be used to continue scaling the business and developing additional AI-powered technologies.
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.