OpenSpace's Innovative Approach: Success in Construction and AI Technology
About OpenSpace
OpenSpace, the pioneering name in construction startup sphere, leverages Artificial Intelligence (AI) and state-of-the-art camera technology to reshape the traditional construction procedures. Their groundbreaking digital platform captures, documents, and shares visuals of construction sites in real-time. Builders find this tool invaluable as it enables them to monitor progress, validate work, diminish risks, and foster seamless collaboration amongst project teams.
About OpenSpace's PitchDeck
The pitch deck of OpenSpace, which facilitated their $15 million Series B funding in 2019, encapsulated the powerful functionalities of their platform. Key features highlighted included the AI-driven OpenSpace Track, the potent OpenSpace Vision Engine, and integration capabilities that prioritize user experience. The pitch deck succinctly communicated the valuable proposition OpenSpace offers the construction industry.
Why investors believed in OpenSpace?
The pitch deck presented more than just a tech-savvy tool; it proposed a revolutionary approach to enhancing productivity and safety in the construction industry. Investors found value in OpenSpace's market viability, which was already verified by its widespread acceptance across 93 countries. The profusion of industry leaders trusting OpenSpace, coupled with its prolific use of AI technology to reshape construction, won investor confidence, leading to its successful funding round.
