OpenSpace

Reality capture software for construction projects

San Francisco, California, United States

About OpenSpace

OpenSpace provides reality capture software tailored for the construction industry. This software captures images of active construction sites and transforms them into a format that helps professionals, such as owners and general contractors, better understand their projects. Users can utilize this captured data for various tasks, including preconstruction planning, automated progress tracking, and facility management. OpenSpace operates on a software as a service model, charging clients for access to its platform. What sets OpenSpace apart from competitors is its ability to process large volumes of construction-related data, which has earned it the trust of industry leaders like Khansaheb and Power Design, Inc. The goal of OpenSpace is to empower construction professionals with the insights they need to make informed decisions and keep their projects on track.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$194.6MTotal Funding
SERIES_DCompany Stage
Industrial & Manufacturing, Enterprise SoftwareIndustries
201-500Employees

Benefits

401(k) Retirement Plan
Paid Vacation
Flexible Work Hours
Paid Parental Leave

Risks

Increased competition from AI-driven construction tech companies like Boston Dynamics.
Potential conflicts in the WakeCap partnership may affect market position in Saudi Arabia.
New features may not meet user expectations, leading to dissatisfaction or churn.

Differentiation

OpenSpace offers automated 360 video capture for construction site documentation.
The software ties images to project plans, enhancing project understanding and decision-making.
OpenSpace's reality capture software is trusted by industry leaders like Khansaheb and Power Design.

Upsides

Integration with Revizto enhances workflow efficiency and user satisfaction.
Partnership with WakeCap opens expansion opportunities in the Middle Eastern market.
Collaboration with McLaren Construction could attract similar high-profile clients.