Fundraising Fox

OpenSpace

San Francisco, US · Founded 2016 · Delaware corporation · 13 known investors

openspace.ai

OpenSpace provides a visual intelligence platform that captures jobsite imagery and transforms it into actionable construction site intelligence. The platform serves construction teams to improve project visibility, decision-making, and progress tracking across the built environment.

Also known as OpenSpace Labs

Founders & leadership

OpenSpace was founded in 2016 by Jeevan Kalanithi.

JKJeevan Kalanithi
Jeevan KalanithiinCo-founder & CEO
MFMichael Fleischman
Michael FleischmaninNamed on SEC filing

Investors · 13

Reported raises · per SEC filings

Form D private placements

$18.7M disclosed across 2 rounds · 2017–2020

$15.9MraisedJul 2020 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Bilal ZuberiDirector
  • Michael FleischmanDirector
  • Jeevan KalanithiExecutive Officer, Director
Offering amount
$15.9M
Amount sold
$15.9M
First sale
Jul 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.8MraisedSep 2017 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael FleischmanExecutive Officer, Director
  • Jeevan KalanithiExecutive Officer, Director
Offering amount
$3.5M
Amount sold
$2.8M
First sale
Aug 2017
Incorporated
Corporation, Delaware, 2016
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

OpenSpace offers a visual intelligence platform for the construction industry that records jobsite conditions and converts that imagery into usable project information. Capture spans photos, videos, voice notes, 360-degree walkthroughs and drone flights, covering a project from the ground to the sky and from the first day of work through turnover, producing a single visual record of a site.

On top of the captured record, the platform supports coordination and action: teams can verify completed work, compare site conditions against plans and models, track progress and resolve issues before they become rework. The company positions the visual record as an input to decision-making, including earlier identification of schedule risk, AI-driven automation of routine tasks, and connection of field data to other business systems. OpenSpace states that its AI-powered workflows improve using images together with expert field input.

Business model

OpenSpace sells access to its platform to construction organizations, with prospective customers directed to request a demo or a quote through its website.

Traction

The company reports 77 billion square feet of construction area captured and service in 132 countries. Published customer case studies cite outcomes such as one month of accelerated project delivery, a 50% reduction in travel costs, projects delivered 15% under budget, a 20% reduction in scheduling delays, 95% faster site documentation, an 8x increase in safety observations, and $10,000 in avoided rework and back charges.

Latest developments

In August 2026 the company published research on construction reality capture ROI drawing on 49 construction teams across more than 15 countries, and noted a Forbes feature with its CEO on AI and reality data. It scheduled its Waypoint 2026 virtual event for September 10, 2026 and an appearance at Autodesk University 2026 in Las Vegas beginning September 15, 2026.

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

Technology

The platform ingests site capture data including photos, videos, voice notes, 360-degree walks and drone flights and organizes it into a visual record of a project. AI-powered workflows use captured images together with expert field input, and the platform supports comparison of site conditions against plans and models, progress tracking and issue resolution. Integrations connect OpenSpace with Procore for field documentation, observations and project management; with Autodesk for design, coordination and project workflows; and with Revizto for viewing field documentation alongside model coordination and issue tracking.

Go-to-market

OpenSpace markets through segment-specific offerings for general contractors, trades and owners, customer case studies, a blog and news channel, and events including its own Waypoint 2026 virtual event and an in-person presence at Autodesk University 2026 in Las Vegas. It also maintains a customer advisory board of industry leaders that provides product feedback.

General contractors, trade contractors and owners. General contractors use the platform to capture on-site activity and support faster decisions; trades capture work before it is covered up to document proof of work and reduce payment disputes; owners use it for portfolio-level visibility from groundbreaking through handover and into asset ownership.

Geography

OpenSpace states it serves 132 countries. Its website is localized in English, Dutch, German and Japanese, with regional content and events.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries servedJan 2026132
Square feet capturedJan 202677,000,000,000 square feet

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

Competitors · 9

by search overlap
Procore235 shared keywordsAll-in-one construction management software platform
Autodesk218 shared keywordsAutodesk is a publicly traded developer of design, engineering, and entertainment software, best known for AutoCAD.
Trimble147 shared keywordsTrimble is a global technology company that provides connected hardware and software for precise positioning, 3D modeling, and data analytics. It serves industries including construction, geospatial, and transportation, supporting work such as building design and construction, infrastructure maintenance, supply chain optimization, and mapping.
Outbuild Technologies99 shared keywordsOutbuild is a cloud-based construction scheduling and planning platform that lets teams build master schedules, create lookaheads, manage weekly work plans, and track analytics in one place. It serves owners, general contractors, trade partners, and architects, and integrates with project management tools like Procore and Autodesk.
Quickbase96 shared keywordsQuickbase offers a no-code/low-code platform for building connected applications that automate manual processes, manage projects, resources, and workflows, and link office and field teams. It targets operations teams looking to replace spreadsheets and disconnected systems with custom apps.
Matterport95 shared keywordsMatterport provides 3D imaging and digital twin technology for real estate, construction, facilities management, and property marketing, enabling clients to visualize spaces remotely and make data-driven decisions.
Fieldwire95 shared keywordsFieldwire provides field management software for construction teams across projects of any scale. The platform serves contractors and project teams in North America, Europe, Australia, and Japan.
PlanRadar91 shared keywordsPlanRadar provides construction project management software with integrated AI that analyzes project data recorded by teams. The platform serves construction companies and offers compliance with ISO standards and regulatory requirements.
Buildingradar77 shared keywordsBuilding Radar offers Jeane, an AI system for construction sales teams that discovers relevant construction projects, scores them against a customer's ideal profile, and automates sales tasks such as project research and CRM updates. It serves B2B sales teams selling into the construction industry.

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

Timeline · 3

launches, deals, and filings
Sep 2026
OpenSpace at Autodesk University 2026

In-person presence at Autodesk University 2026 in Las Vegas.

source ↗

Sep 2026
Waypoint 2026 virtual event

Company-hosted virtual event scheduled for September 10, 2026 at 8am PT.

source ↗

Aug 2026
OpenSpace CEO featured in Forbes on AI and reality data

Company news item citing a Forbes piece featuring the OpenSpace CEO under the theme "AI Is Now Learning Reality."

source ↗

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

Legal entities · 1

corporate structure
OpenSpaceDelaware

In the news

Research sources · 1

primary sources listed

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

Frequently asked questions

What does OpenSpace do?
OpenSpace is a visual intelligence platform that captures construction jobsite imagery and turns it into project intelligence.
Who founded OpenSpace?
OpenSpace was founded by Jeevan Kalanithi in 2016.
Who are OpenSpace's investors?
OpenSpace's investors include Alkeon Innovation, Fairhaven Capital Partners, Harmonic Growth Partners, JLL Spark, JLL Spark Global Ventures, Menlo Ventures, Navitas Capital, Nine Four Ventures and 5 more.
How much funding has OpenSpace raised?
OpenSpace has disclosed $18.7M raised across 2 rounds.
Where is OpenSpace headquartered?
OpenSpace is headquartered in San Francisco, US.