# OpenBuildings

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

- Industry: Internet
- Headquarters: London, UK
- Website: www.openbuildings.com
- Total disclosed funding: $2M
- Latest round: Series A (Apr 13, 2011)
- Investors on record: 2

## About

OpenBuildings is a technology firm specializing in innovative digital solutions for the building and construction sectors, facilitating project design, management, and collaboration among industry stakeholders.OpenBuildings focuses on providing digital tools that enhance the building and construction process. The company is headquartered in London, UK. In April 2011, OpenBuildings raised USD 2.00 mn in a Series A financing round co-led by BlueRun Ventures and Index Ventures, marking a pivotal moment in its funding history. OpenBuildings.com specializes in providing innovative solutions in the realm of building and construction. Their core offerings encompass a suite of digital tools designed to facilitate the design, planning, and management of building projects. These tools address various challenges in the construction industry, such as streamlining project timelines, optimizing material usage, and enhancing collaboration among stakeholders. The company's services are tailored for a diverse clientele that includes architects, contractors, and real estate developers, primarily targeting markets in North America and Europe. By leveraging advanced technology, OpenBuildings.com supports end-users in achieving more efficient and sustainable building practices.OpenBuildings.com generates revenue through a transactional model that emphasizes customer engagement and streamlined service delivery. Clients typically engage with the company via direct purchasing or subscription-based services, which provide access to their suite of digital tools and resources. The company’s pricing structure varies depending on the specific products or services utilized, tailored to meet the needs of different sectors within the construction industry. Transactions are characterized by partnerships with architectural firms and construction companies, who leverage the platform for project management and design enhancements.In April 2011, OpenBuildings raised USD 2.00 mn in Series A financing, which will be utilized to enhance its product offerings and expand its market presence. The company is focusing on launching new digital tools designed for improved project management and collaboration in construction. Additionally, OpenBuildings plans to target new markets in Europe and North America, with a goal of increasing its market share by 2023.

## Funding rounds

- Series A, Apr 13, 2011, $2M — Index Ventures, BlueRun Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series A