About
OpenSpace is a construction visual intelligence platform capturing and analyzing job site progress. Raised $199M total including $102M Series D at $902M valuation. ~$57M annual revenue (2023). 275K+ users across 94 countries with 43B+ sq ft captured. Acquired Disperse (Nov 2025). Founded 2017 in San Francisco.
Key Facts
- [1]Funding: Total funding: $199M. Last round: Jun 2024. Stage: Growth.
- [2]Customers: Key customers include Skanska, Hensel Phelps.
- [3]Employees: Employee count: 201-500.
- [4]Website: Official website: openspace.ai.
- [5]AI Technology: Core AI/ML technologies: Computer Vision.
- [6]Region: Region: Americas (United States).
Founder
Jeevan Kalanithi
Co-founder & CEO
Key Customers & Partners
AI Technology
Computer Vision
Image and video processing, OCR, and document extraction
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is OpenSpace?
OpenSpace is a construction visual intelligence platform capturing and analyzing job site progress. Raised $199M total including $102M Series D at $902M valuation. ~$57M annual revenue (2023). 275K+ users across 94 countries with 43B+ sq ft captured. Acquired Disperse (Nov 2025). Founded 2017 in San Francisco. OpenSpace is classified in the Lending & Credit segment at the Applications layer of the financial AI stack.
Who founded OpenSpace?
OpenSpace was founded by Jeevan Kalanithi (Co-founder & CEO).
How much funding has OpenSpace raised?
OpenSpace has raised $199M in total funding, placing the company at the Growth stage. The most recent round closed in Jun 2024. Among 81 funded Lending & Credit companies, OpenSpace ranks #34 by total capital raised. (Source: AIFI Map directory.)
What AI technology does OpenSpace use?
OpenSpace primarily leverages Computer Vision technology. Image and video processing, OCR, and document extraction. Within the Lending & Credit segment, 12 companies use this technology.
What market segment does OpenSpace operate in?
OpenSpace operates in the Lending & Credit market segment. AI lending and credit companies are reimagining how creditworthiness is assessed, loans are originated, and debt is managed across consumer, small business, and commercial markets.
Where is OpenSpace headquartered?
OpenSpace is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are OpenSpace's competitors?
Companies similar to OpenSpace in the Lending & Credit space include Unit21 ($92M raised), Upstart ($160M raised), Zest AI ($357M raised), Pagaya ($75M raised), Scienaptic AI ($17M raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Upstart focuses on ai lending platform using alternative data for credit decisions. Zest AI focuses on ai-automated underwriting for credit unions and banks. (Based on AIFI Map classification data.)
What products does OpenSpace offer?
OpenSpace builds applications-layer solutions for the financial services industry. The company's core offering: AI for construction documentation. The platform is powered by Computer Vision technology. Notable users include Skanska, Hensel Phelps.