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OpenSpace - About the company

OpenSpace is a series D company based in San Francisco (United States), founded in 2017 by Jeevan Kalanithi, Michael Fleischman and Philip Decamp. It operates as a Developer of visual intelligence software for construction project site monitoring. OpenSpace has raised $199M in funding from investors like Lux Capital, Menlo Ventures and Alkeon Capital Management, with a current valuation of $*****. The company has 96 active competitors, including 27 funded and 9 that have exited. Its top competitors include companies like CompanyCam, LocusView and PassiveLogic.

Company Details

Developer of visual intelligence software for construction project site monitoring. This platform captures imagery from job sites using cameras, drones, and mobile devices to create a visual record of progress. The software maps captured data to project plans and building information models to track construction status. It provides tools for task management, documentation, and coordination among project teams. The system integrates with existing construction management software to facilitate information sharing and progress tracking throughout the building lifecycle.
Social
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Email ID
*****@openspace.ai
Phone Number
+1 **********
Registered Address
Rīga, Progresa iela 3A - 10
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series D
Total Funding
$199M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 02, 2022
Investors
Ranked
Employee Count
339 as on Mar 31, 2026
Investment & Acquisitions
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OpenSpace's funding and investors

OpenSpace has raised a total funding of $199M over 7 rounds. Its first funding round was on Sep 01, 2017. Its latest funding round was a Series D round on Aug 09, 2022 for $*****. 2 investors participated in its latest round. OpenSpace has 33 institutional investors.

Here is the list of recent funding rounds of OpenSpace:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 09, 2022
1663278
Series D
7043900
8067428
9535480
7475540
Mar 02, 2022
2936010
Series D
3766952
9960187
2324834
Apr 28, 2021
5279179
Series C
2882330
5931214
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OpenSpace's founders and board of directors

Founder? Claim Profile
The founders of OpenSpace are Jeevan Kalanithi, Michael Fleischman and Philip Decamp. Jeevan Kalanithi is the CEO of OpenSpace.
Here are the details of OpenSpace's key team members:

OpenSpace's Board of Directors

OpenSpace's board has 3 active members. Michael Fleischman, Jeevan Kalanithi and Bilal Zuberi are independent board members.
Here is the list of OpenSpace's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
8y 8m
ypav{{q
Independent board member
-
Current
1y 8m
bo{ivek
Independent board member
-
Current
8y 6m

OpenSpace's employee count trend

OpenSpace has 339 employees as of Mar 26. Here is OpenSpace's employee count trend over the years:
Employee count trend for OpenSpace
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OpenSpace's Competitors and alternates

Top competitors of OpenSpace include CompanyCam, LocusView and PassiveLogic. Here is the list of Top 10 competitors of OpenSpace, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CompanyCam
CompanyCam
2015, Lincoln (United States), Series C
Cloud-based AR-enabled field service management suite solutions
$36.3M
71/100
2nd
Logo for OpenSpace
OpenSpace
2017, San Francisco (United States), Series D
Developer of visual intelligence software for construction project site monitoring
$199M
66/100
3rd
Logo for LocusView
LocusView
2014, Chicago (United States), Acquired
Navigation-based workforce management solutions for the construction sector
$80M
61/100
4th
Logo for PassiveLogic
PassiveLogic
2016, Salt Lake City (United States), Series C
Provider of digital-twin technology-based solutions for construction projects
$154M
59/100
5th
Logo for CONXAI
CONXAI
2020, Karlsfeld (Germany), Series A
Provider of AI-powered analytics solutions for construction projects
$8.84M
58/100
6th
Logo for Sensat
Sensat
2017, London (United Kingdom), Series B
Developer of a platform providing digital twin solutions for infrastructure projects
$34.8M
58/100
7th
Logo for FJ Dynamics
FJ Dynamics
2017, Shenzhen (China), Series B
Provider of robots and automated systems for multiple industries
$99.4M
56/100
8th
Logo for SiteAware
SiteAware
2015, Houston (United States), Series B
Cloud-based project monitoring and site management solution
$30M
56/100
9th
Logo for Bentley Systems
Bentley Systems
1984, Exton (United States), Public
Provider of cloud-based designing software for the construction industry
-
55/100
10th
Logo for Scanifly
Scanifly
2015, Cambridge (United States), Seed
Provider of a drone platform for solar system installations
$2.27M
51/100
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OpenSpace's Investments and acquisitions

OpenSpace has acquired Disperse. OpenSpace has not made any investments as of now.

Reports related to OpenSpace

Here is the latest report on OpenSpace's sector:

News related to OpenSpace

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Media has covered OpenSpace for a total of 5 events in the last 1 year, 1 of them has been about company updates.
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