Openspace Extends Leadership In Reality Capture For Construction With $102M Series D Financing

Mar 02, 2022•over 3 years ago

Amount Raised

$102 Million

Round Type

series d

San Francisco

Description

OpenSpace, the global leader in 360° jobsite capture and AI-powered analytics, today announced a $102M Series D funding round led by PSP Growth, the venture and growth equity arm of PSP Partners. As automated reality capture becomes standard in construction, OpenSpace has seen industry-leading uptake of its products and technology. Over the last year, the company has taken several steps to meet growing demand, including expanding product offerings, widening its international footprint, and branching out to new use cases.

Company Information

Company

Open Space

Location

San Francisco, California, United States

About

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.

Funding Insights

Based on industry data

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