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  1. OpenSpace Survey: Builders looking to improve efficiency as 74% worry about potential economic downturn openspace survey

    OpenSpace Survey: Builders looking to improve efficiency as 74% worry about potential economic downturn

    In a new survey of its customers and community, OpenSpace, the global leader in 360° jobsite capture and AI-powered analytics, found that 74% of respondents are concerned about a potential economic downturn affecting the construction industry. To prepare, 60% said they wanted to improve project efficiency. Few are looking to freeze or cut jobs (16%) to…

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  2. Proptech Startup OpenSpace Reaches Valuation of $902 Million bloomberg-logo-square

    Proptech Startup OpenSpace Reaches Valuation of $902 Million

    OpenSpace, a startup that develops technology for the construction industry, raised $102 million in a new funding round that the company said gives it a valuation of $902 million. Penny Pritzker’s PSP Growth led the round, San Francisco-based OpenSpace said. Other participating investors include BlackRock Inc., Alkeon Capital Management, Menlo Ventures and a unit of…

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  3. OpenSpace’s AI-Powered Digital Imaging Worth a Thousand Words Build Australia Logo

    OpenSpace’s AI-Powered Digital Imaging Worth a Thousand Words

    OpenSpace has created the most advanced reality capture technology for construction teams by leveraging computer vision, artificial intelligence (AI), and 3D modeling. The OpenSpace product makes it easy to capture 360° images of a job site simply by mounting a camera to a helmet and walking through the job site. This process takes a fraction…

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  4. OpenSpace 3D Scans to use iPhone/iPad LiDAR sensors

    OpenSpace 3D Scans to use iPhone/iPad LiDAR sensors

    OpenSpace has released the beta of OpenSpace 3D Scans, a new 3D scanning capability for its automated construction site capture and mapping solution, which uses the LiDAR sensors on the iPad / iPhone Pro. Previously the company relied solely on data from 360 cameras, which was then processed using its AI-based OpenSpace Vision Engine. According…

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  5. Study: Contractors embrace hybrid work

    Study: Contractors embrace hybrid work

    Since the COVID-19 pandemic began, companies across the country have pivoted to hybrid working models — part in-person and part remote — and according to new data, construction is adopting this trend, too. Construction tech company OpenSpace surveyed its customers about their working models and found that prior to the pandemic, 52% of respondents said…

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  6. OpenSpace expands AI-backed Progress Tracking to coordinate across trades

    OpenSpace expands AI-backed Progress Tracking to coordinate across trades

    Founded in 2017, OpenSpace is a San Francisco-based tech company that is on a mission to bring transparency to construction through better documentation. OpenSpace’s solutions combine 360° cameras, computer vision, and AI to capture a complete visual record of the job site and share it via the cloud. Recently, they have announced the expansion of…

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  7. OpenSpace Announces Expanded Availability of ClearSight Progress Tracking for Key Trades ClearSight Progress Tracking

    OpenSpace Announces Expanded Availability of ClearSight Progress Tracking for Key Trades

    With Progress Tracking, customers can automatically determine percent complete, broken down by date, floor, or trade SAN FRANCISCO, April 19, 2021 — OpenSpace, the global leader in automated 360° photo documentation and analysis for construction, today announced the expansion of its ClearSight Progress Tracking product, now available to all customers. Progress Tracking uses AI to…

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  8. OpenSpace Makes List of “The 31 Hottest Proptech Startups, As Chosen By Leading VCs”

    OpenSpace Makes List of “The 31 Hottest Proptech Startups, As Chosen By Leading VCs”

    City: San Francisco Year founded: 2017 Total funding: $33.3 million  What it does: Digitally catalogues visual imagery of construction projects as they progress, allowing its customers to observe and review the job. Why it’s hot: OpenSpace aims to bring clarity and accountability to the complex business of construction by mapping projects visually. To gather data, site managers wear…

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  9. Unispace Signs Enterprise Agreement With OpenSpace For Photo Documentation And Progress Tracking On Projects In North America And New Zealand Unispace logo and office

    Unispace Signs Enterprise Agreement With OpenSpace For Photo Documentation And Progress Tracking On Projects In North America And New Zealand

    Unispace, a global workplace expert with an end-to-end approach to strategy, design and construction, and studios located in over 25 countries, announced today that it has signed an enterprise agreement with construction technology provider OpenSpace. The agreement strengthens Unispace’s ability to revolutionize the creation of workplaces and deliver a seamless, agile, end-to-end experience rooted in…

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  10. Shimizu Announces Enterprise Partnership with OpenSpace

    Shimizu Announces Enterprise Partnership with OpenSpace

    Shimizu Corporation has signed a partnership agreement with OpenSpace to use their 360° photo documentation and analytics platform in combination with its own construction data and expertise to enhance remote management of its construction sites. OpenSpace, a venture-backed company based in San Francisco, uses computer vision and artificial intelligence (AI) to create next-generation construction management…

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