Open Space Labs

SoftwareSeries DSan Francisco, USopenspace.ai

Latest round

Series D

Last raised

Aug 2022

Total raised

$202M

Investors

29

About Open Space Labs

Open Space Labs, Inc.Founded in 2017, Open Space Labs, Inc. is based in San Francisco, US. The company focuses on providing innovative solutions for the construction sector.OpenSpace offers a comprehensive suite of reality capture and documentation solutions primarily designed for the construction industry. Its core product, OpenSpace Capture, utilizes Spatial AI technology to automate site documentation, allowing construction teams to efficiently capture visual records of their projects. This service facilitates enhanced coordination and risk management by providing clear visual proof of site conditions, thereby helping teams avoid costly rework and disputes. The company's offerings also include OpenSpace Air, which integrates drone and ground imagery, and OpenSpace BIM+, which maps images to floor plans and Building Information Modeling (BIM). OpenSpace serves a diverse client base that includes general contractors, project owners, and trades across various geographical markets, including the United States and several countries in Europe and Asia.OpenSpace generates revenue primarily through subscription-based services that cater to its enterprise-level clients in the construction sector. Clients typically engage in annual subscriptions that grant access to the OpenSpace platform, allowing continuous use of its reality capture technology and associated features. Additionally, partnerships may exist with software integrations such as Procore, enhancing the value proposition for clients through streamlined processes. Pricing structures involve tiered plans based on the size of the project or the number of users, facilitating flexibility for varying client needs. The company’s flagship product, OpenSpace Capture, is critical for transactions involving construction documentation, enabling clients to capture and manage their projects' visual data effectively.Open Space Labs, Inc. Upcoming initiatives include the launch of additional products aimed at enhancing its existing suite. The company is also exploring opportunities to expand into new markets, particularly in Europe and Asia, with a timeline to establish a presence by the end of 2023. In October 2025, Open Space Labs, Inc.io Ltd from Northzone, 2150, Kindred Capital, Frontline and Revolt Ventures for an undisclosed amount.?

Who invested in Open Space Labs

29 investors across 6 rounds

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Funding rounds

  1. Series D

    Aug 9, 2022

    Amount

    $9M

    Investors

    Locked

  2. Series D

    Jan 30, 2022

    Amount

    $105M

    Investors

    Locked

  3. Series C

    Mar 18, 2021

    Amount

    $55M

    Investors

    Locked

  4. Series B

    Jul 17, 2020

    Amount

    $16M

    Investors

    Locked

  5. Series A

    May 17, 2019

    Amount

    $14M

    Investors

    Locked

  6. Seed

    Aug 18, 2017

    Amount

    $2.8M

    Investors

    Locked

Questions about Open Space Labs

Who invested in Open Space Labs?

Open Space Labs has 29 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Open Space Labs raised?

Open Space Labs has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Open Space Labs last raise money?

Open Space Labs's most recent round on record is a Series D, in Aug 2022.

What does Open Space Labs do?

Open Space Labs is a software company.

Where is Open Space Labs headquartered?

Open Space Labs is headquartered in San Francisco, US.

Which VCs invest in companies like Open Space Labs?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Open Space Labs's stage. Their profiles are linked below.

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