Fundraising Fox

OnSiteIQ

New York, US · Founded 2017 · Delaware corporation · 11 known investors

OnsiteIQ provides computer vision and AI-powered progress tracking for construction sites through regular on-site documentation and image analysis, serving construction project managers and stakeholders across the US and Canada.

Also known as Onsite IQ · OnsiteIQ · OnSiteIQ

Founders & leadership

OnSiteIQ was founded in 2017 by Ardalan Khosrowpour.

AKArdalan Khosrowpour
Ardalan KhosrowpourinFounder
JM
John MollisNamed on SEC filing

Board

MP
Michael PettinellaBoard director
JEJoshua Elwell
Joshua Elwellin𝕏Board directorGeneral Partner at Valuestream Ventures
DSDavid Schwab
David SchwabinBoard directorFounder and Managing Director at Vertical Venture Partners
MJMatthew Jones
Matthew Jonesin𝕏Board directorHead of Ventures at Transverse Ventures
MF
Michael FeiginBoard director

Investors · 11

Reported raises · per SEC filings

Form D private placements

$30.6M disclosed across 4 of 5 rounds · 2018–2025

$5.2MraisedSep 2025 · 36 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael FeiginDirector
  • David SchwabDirector
  • Ardalan KhosrowpourExecutive Officer, Director, Promoter
  • Michael PettinellaDirector
  • Joshua ElwellDirector
Offering amount
$6.5M
Amount sold
$5.2M
First sale
Jun 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$18MraisedJan 2025 · 22 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael PettinellaDirector
  • Joshua ElwellDirector
  • Ardalan KhosrowpourExecutive Officer, Director
  • David SchwabDirector
  • Michael FeiginDirector
Offering amount
$19.2M
Amount sold
$18M
First sale
Apr 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.5MraisedDec 2019 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew JonesDirector
  • John MollisExecutive Officer, Director
  • Ardalan KhosrowpourExecutive Officer, Director
Offering amount
$6.5M
Amount sold
$4.5M
First sale
Dec 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.8MraisedNov 2018 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew JonesDirector
  • John MollisExecutive Officer, Director
  • Ardalan KhosrowpourExecutive Officer, Director
Offering amount
$3.3M
Amount sold
$2.8M
First sale
Oct 2018
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

OnsiteIQ operates a construction intelligence platform aimed at real estate owners, developers, investors and lenders. A network of capture specialists across the United States and Canada visits active job sites on a weekly basis and records the site using 360° high-resolution imaging, producing an interactive visual record of construction progress. The imagery is automatically mapped to the project's architectural floor plans, allowing users to navigate documentation spatially rather than sorting through unstructured image files.

On top of the captured imagery, the company runs a computer vision engine that extracts progress information and compares it against the project's baseline schedule, covering up to 24 trades across 8 asset classes. Outputs include analytics, early indicators of schedule delay, completion forecasting and agentic workflows intended to support portfolio-level oversight. The platform originated as a visual documentation and risk assessment product — recording conditions for change-order reconciliation, defect and dispute resolution, and later facilities management — and added scheduling and progress analytics from 2021 onward.

The company positions its record as a verification layer for GPs, LPs and lenders exercising fiduciary oversight of development projects, consolidating construction, development and C-suite users on a single platform.

Founding story

OnsiteIQ was founded by Ardalan Khosrowpour, who holds a PhD in civil engineering from Virginia Tech with research on artificial intelligence and computer vision in the built environment. He developed the company through the Runway Startup Postdoc Program at the Jacobs Technion-Cornell Institute at Cornell Tech, where he set out to digitize construction after interviewing industry stakeholders. Because fixed cameras were impractical on dynamic job sites and raised privacy concerns, the team built an alternative approach: walking sites with 360-degree cameras and automatically geo-localizing the footage against floor plans. Cornell computer science alumnus John Mollis served as CTO. An early pilot with New York construction management firm New Line Structures provided initial industry validation.

Business model

OnsiteIQ sells software-based construction intelligence to real estate owners, developers and investors, bundled with a field service component: company capture specialists perform recurring weekly on-site 360° documentation visits, and the resulting imagery and derived analytics are delivered through the platform. Onboarding requires only the customer's architectural floor plans and baseline schedule.

Traction

Company-reported milestones include launching Visual Documentation in 2019 and Progress Monitoring in beta in 2021, operating in 52+ US and Canadian markets in 2022, monitoring 1,250+ projects across 70+ markets in 2023, and 2,200+ projects across 110+ markets in 2024. The company cites a database of 4 billion images and an average of more than 2 million data points captured per project. In early 2018, while at Cornell Tech, it reported having collected more than 3.5 million square feet of data and was piloting on a 430,000-square-foot New York project.

Latest developments

In March 2024 the company issued announcements covering a major FY 2024 momentum product release and the hire of a new VP of Marketing, completing its executive team. A patent relating to risk assessment techniques based on images is dated February 2025. The current product includes agentic workflows and delay forecasting, with monitoring reported across 2,200+ projects and 110+ markets in 2024.

Full profile — market position, technology, go-to-market, geography, history

Market position

OnsiteIQ competes in construction reality-capture and progress-monitoring software, differentiating by orienting its product toward real estate owners, investors and lenders rather than contractors, and by pairing a managed weekly capture service with AI-based progress analytics.

OnsiteIQ operates its own network of capture specialists that visit sites weekly and returns documentation within 24 hours of a visit, rather than relying on customer-collected imagery; it also maintains a large proprietary image database used to train its computer vision engine, and maps all visual data to floor plans for navigation.

Technology

The platform combines 360-degree camera capture on job sites with automatic geo-localization that maps walkthrough paths onto floor plans, producing what the company has described as a 3D panograph — a navigable composite image built from 360° photos and video. A computer vision engine draws on a database of 4 billion images to extract progress layers from captured imagery, track trade-level progress against the baseline schedule, and generate delay indicators and completion forecasts. A patent in the area of risk assessment techniques based on images is associated with the company.

Go-to-market

The company markets directly to owners and developers and offers product demonstrations via its website. Early growth relied on word-of-mouth within the construction industry after securing a pilot with a large New York construction management firm, and on participation in the MetaProp NYC real estate startup accelerator and the Runway Startup Postdoc Program at the Jacobs Technion-Cornell Institute at Cornell Tech.

Real estate owners, developers and investors, including general partners, limited partners and lenders, as well as construction and development professionals and C-suite executives overseeing development portfolios. Early work included construction management firms, such as a pilot with New York firm New Line Structures.

Geography

Headquartered in New York City, with capture operations across the United States and Canada. The company reports being operational in 52+ markets in 2022, 70+ markets and 1,250+ projects in 2023, and 110+ markets and 2,200+ projects in 2024.

History

Founded in 2017 and based in New York City, the company began as a 360-degree visual documentation service for construction owners and developers, collecting site data twice monthly in its early period and accumulating a large library of project imagery. It launched Visual Documentation in 2019, and in September 2021 announced an AI-supported schedule progress dashboard, with Progress Monitoring released in beta that year. Coverage expanded to 52+ US and Canadian markets in 2022, 70+ markets in 2023 and 110+ markets in 2024. In October 2023 the company announced a $14 million Series B, followed in March 2024 by an FY2024 product release and the hire of a VP of Marketing.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Asset classes coveredJan 20258 asset classes
Average data points captured per projectJan 20252M+
Image database sizeJan 20254,000,000,000 images
Markets covered (US & Canada)Jan 2024110+
Projects monitoredJan 20242,200+
Square feet of site data collectedJan 20183,500,000 sq ft
Trades monitoredJan 202524 trades

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap

Companies competing with OnSiteIQ for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 10

launches, deals, and filings
Feb 2025
Patent: risk assessment techniques based on images

source ↗

Mar 2024
OnsiteIQ hires new VP of Marketing

Company announced the hire of a new VP of Marketing, described as completing its executive team.

source ↗

Mar 2024
Onsite IQ announces FY 2024 momentum release

source ↗

Jan 2024
Monitoring 2,200+ projects across 110+ markets in US and Canada

source ↗

Oct 2023
OnsiteIQ raises $14 million Series B

Announcement that the company raised $14 million in Series B funding to provide construction intelligence for real estate investors.

$14M source ↗

Jan 2022
Operational in 52+ markets across US and Canada

source ↗

Sep 2021
Construction Intelligence Dashboard announced

The company announced an AI-supported schedule progress dashboard for owners and developers that maps weekly 360° capture to floor plans and flags potential delays, with release announced for October 2021.

source ↗

Jan 2021
Progress Monitoring launched (beta)

source ↗

Jan 2019
Visual Documentation launched

source ↗

Jan 2018
Pilot with New Line Structures on 430,000 sq ft New York project

New York construction management firm New Line Structures adopted the platform for progress monitoring on a 430,000-square-foot landmark project.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
OnSiteIQDelaware

Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does OnSiteIQ do?
OnsiteIQ is a New York-based construction intelligence platform using 360° site capture and computer vision for real estate owners.
Who founded OnSiteIQ?
OnSiteIQ was founded by Ardalan Khosrowpour in 2017.
Who are OnSiteIQ's investors?
OnSiteIQ's investors include Anthemis Venture, Bullpen Capital, Cloquet Capital Partners, LLC, Colopl Next, MetaProp Ventures, Navigate Ventures, RET Ventures, Valuestream Ventures and 3 more.
How much funding has OnSiteIQ raised?
OnSiteIQ has disclosed $30.6M raised across 4 of its 5 known rounds.
Where is OnSiteIQ headquartered?
OnSiteIQ is headquartered in New York, US.