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Openspace Expands Strategic Capital With An Additional Us$9M In Funding, Bringing Series D Total To Us$111M

Aug 09, 2022•about 3 years ago

Round Type

series d

San FranciscoConsumer GoodsReal EstateData And AnalyticsSoftwareCommerce And Shopping

Description

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 Information

Company

OpenSpace

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.

FundzWatch™ Score

86
Medium Activity

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