# OnSiteIQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onsiteiq

- Industry: Software
- Headquarters: New York, US
- Website: www.onsiteiq.io
- Total disclosed funding: $27M
- Latest round: Series B (Apr 10, 2023)
- Investors on record: 7

## About

OnSiteIQ, Inc. is a US-based software company specializing in construction intelligence solutions that empower real estate developers and owners with actionable insights through advanced analytics and computer vision technology.OnSiteIQ, Inc. provides a construction intelligence platform that enhances decision-making for real estate owners and developers. Founded in New York, US in 2017 by Ardalan Khosrowpour and John Mollis, the company has raised a total of USD 10.014 mn through six deals, with the most recent Series B funding round on April 10, 2023, led by Vertical Venture Partners. The company currently has a valuation of USD 61.326 mn.OnSiteIQ offers a comprehensive construction intelligence platform designed for real estate owners and developers. The platform utilizes advanced computer vision and AI-driven analytics to provide a 360° view of construction sites, mapping images to floor plans and tracking progress across 22 trades. This technology aids clients, including developers, investors, and lenders, primarily in North America and Europe, by facilitating risk mitigation and early issue identification.OnSiteIQ operates under a subscription-based revenue model, catering to real estate developers, construction firms, and investment companies. Clients subscribe to access features such as real-time progress tracking, risk analysis, and project reporting, driving a steady revenue stream as they utilize the platform across multiple projects.Following their Series B funding of USD 10.01 mn in April 2023, OnSiteIQ plans to leverage this investment to expand its product offerings and accelerate the delivery of analytics. The company is focused on entering new geographic markets and enhancing its analytics capabilities, with specific target regions and timelines yet to be disclosed.

## Funding rounds

- Series B, Apr 10, 2023, $10M — Interplay, Vertical Venture Partners, RET Ventures
- Series A, Feb 1, 2023, $10M — Vertical Venture Partners, MetaProp, ValueStream Ventures
- Series A, Feb 18, 2020, $4.5M — Bullpen Capital, Anthemis, MetaProp
- Seed, Nov 15, 2018, $2M — Anthemis, MetaProp

## Investors

- Anthemis (https://capitalatlas.ai/funds/anthemis) — Seed, Series A
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed, Series A
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series A
- Vertical Venture Partners (https://capitalatlas.ai/funds/vertical-venture-partners) — Series A, Series B
- ValueStream Ventures (https://capitalatlas.ai/funds/valuestream-ventures) — Series A
- Interplay (https://capitalatlas.ai/funds/interplay) — Series B
- RET Ventures (https://capitalatlas.ai/funds/ret-ventures) — Series B