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OpenSpace (company)

OpenSpace (company)

OpenSpace is a U.S-based company developing photo documentation solutions for the construction industry.

OpenSpace is a company developing photo documentation solutions for the construction industry. The company was founded in 2017 by Jeevan Kalanithi, Philip Decamp, and Michael Fleischman. OpenSpace aims to increase the working process efficiency for businesses operating in the construction industry. The company is based in San Francisco, California.

Product

OpenSpace’s main product is its camera and artificial intelligence software, meant to capture a building project in detail. The product is currently intended for use by businesses operating in the construction industry.

Funding

In its first year of establishment, OpenSpace has managed to collect $3.5 million in funding through a seed round held within the same year. During this round, OpenSpace received financing from several investors such as Goldcrest Investments, AngelList, Foundation Capital, and Lux Capital.

Timeline

March 2, 2022
OpenSpace raises a $102,000,000 series D round from Alkeon Capital Management, Alpaca VC, BlackRock, Harmonic Growth Partners, JLL Spark, Lux Capital Management, Menlo Ventures, Mirae Asset Venture Investment, Navitas Capital, Nine Four Ventures, PSP Growth and Sino Group.
April 28, 2021
OpenSpace raises a $55,000,000 series C round from Alkeon Capital Management, JLL Spark, Lux Capital Management, Menlo Ventures, Navitas Capital and Zigg Capital.
July 27, 2020
OpenSpace raises a $16,000,000 series B round from Menlo Ventures.
August 13, 2019
OpenSpace raises a $14,000,000 series A round from Lux Capital Management.
September 2017
OpenSpace raises a $3,500,000 seed round from AngelList, Comet Labs, Foundation Capital, Goldcrest Capital, Lux Capital Management, National Science Foundation and Sterling Capital Management.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

News

Title
Author
Date
Publisher
Description
FinSMEs
April 28, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Alex Nicoll
April 28, 2021
Business Insider
The startup didn't even make a pitch deck. Investors came to CEO Jeevan Kalanithi with their own presentations so they could get in on the action.
Alex Nicoll, Daniel Geiger, Libertina Brandt, Natasha Solo-Lyons and Taylor Borden
February 26, 2021
Business Insider
Investors share the proptech companies they think will boom as real estate and construction turn to technology and software to survive the pandemic.
OpenSpace
February 16, 2021
www.prnewswire.com:443
/PRNewswire/ -- Suffolk announced it has made a long-term enterprise agreement with OpenSpace, a leader in 360° jobsite photo capture technology. The agreement...
OpenSpace
February 1, 2021
www.prnewswire.com:443
/PRNewswire/ -- Shimizu Corporation has signed a partnership agreement with OpenSpace to use their 360° photo documentation and analytics platform in...
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References

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