OpenSpace

OpenSpace

Provides next-generation 360 photo documentation software, powerful integrations, and the smart analytics tools for the construction industry.

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$9.0m

Valuation: $902m

Series D
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD201920202021
Revenues000000000000
% growth-57 %282 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about OpenSpace
Made with AI
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OpenSpace.ai is a tech startup that operates in the construction industry, providing a unique reality capture software. This software is designed to help construction professionals, including owners, general contractors, and trades, understand their projects better and make informed decisions to keep their projects moving forward. The software captures images of active projects and converts them into a format that allows users to gain a comprehensive understanding of their job site.

The company's business model revolves around providing this software as a service to its clients. It generates revenue by charging its clients for the use of its software. The software's unique selling point is its ability to capture and process vast amounts of data related to construction projects, which can then be used for various purposes, from preconstruction planning to automated progress tracking and facility management.

OpenSpace.ai's market includes all businesses involved in the construction industry. The company has already gained the trust of industry leaders, as evidenced by the positive testimonials from its clients. For instance, Khansaheb, a leading construction company, has expressed clear benefits of using OpenSpace and plans to roll it out further within its business in the future. Similarly, Power Design, Inc., another client, has stated that everyone in the field totally relies on OpenSpace as it always has their backs.

Keywords: Construction, Reality Capture Software, Project Management, Preconstruction Planning, Automated Progress Tracking, Facility Management, Data Processing, Software as a Service, Construction Industry, Tech Startup.

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Investments by OpenSpace

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