SAN FRANCISCO, CA and LONDON, UK, Nov 3, 2025 – OpenSpace has acquired Disperse to strengthen its position in visual intelligence for the construction industry. The acquisition supports OpenSpace’s goal of helping project teams interpret and use reality data for decision-making.
The acquisition follows a partnership announced in June 2025 and builds on customer adoption of OpenSpace progress tracking, powered by Disperse. The solution uses jobsite imagery, computer vision, and human verification to deliver a data-driven view of construction progress and completed work.
By integrating Disperse’s technology and data team into its Visual Intelligence Platform, OpenSpace enhances its spatial AI and image-based analytics. The combined capabilities improve how construction teams capture, analyze, and understand project progress. This integration supports OpenSpace’s goal of helping contractors and owners manage projects and make perfect data-driven decisions.
“Our industry is full of promises about AI that rarely deliver,” said Jeevan Kalanithi, CEO and co-founder of OpenSpace. “At OpenSpace, we’ve built a platform that does. With Disperse now part of OpenSpace, builders get real intelligence that is fast, accurate, and proven in the field. This is what trust in construction technology looks like.”
OpenSpace provides a visual intelligence platform that pairs 360° image capture with verified progress analytics. The platform helps construction teams document jobsite conditions, track progress, and identify schedule risks by comparing progress to planned milestones. It also supports billing validation, coordination among trades, and deliver visual progress summaries to all stakeholders. It integrates with project scheduling tools like Oracle Primavera P6, Asta Powerproject, Microsoft Project, and Excel.
“Disperse was built to give construction teams a trustworthy, objective picture of progress,” said Olli Liukkaala, CEO of Disperse. “By joining OpenSpace, we can deliver that clarity at unprecedented speed and scale – and bring even more value to GCs, owners, and specialty contractors on projects of every size. OpenSpace is leading the way with image-based intelligence products and we’re excited to join forces and grow this segment together, faster.”
Since partnering in June, OpenSpace and Disperse customers have seen impact in billing accuracy, schedule reliability, and issues resolution speed, demonstrating the power of connecting automated image capture with verified progress intelligence.
“The speed at which [OpenSpace Progress Tracking] was implemented and the speed at which we started to get real accurate data back was pretty astounding to our executive team,” shared Elliot Christiansen, senior VP, operations, Cleveland Construction. “Because the data was accurate, we could have effective two-way conversations with our field team and get answers quickly, without having to play twenty questions with them like we used to. It’s so invaluable we’ve deployed it across our entire portfolio.”
The acquisition strengthens OpenSpace’s use of AI in construction and building technology. By integrating Disperse’s progress data, OpenSpace plans to develop new spatial AI models, improve automation accuracy, and develop AI-driven tools to support project management.
Source: OpenSpace
About OpenSpace
OpenSpace, founded in 2017 and headquartered in San Francisco, CA, is a construction technology company specializing in reality capture and AI-driven analytics. Its platform enables construction teams to document jobsites through automated 360° imagery, providing a comprehensive visual record that aids in progress tracking, quality assurance, and coordination. Serving general contractors, specialty trades, and real estate owners, OpenSpace’s solutions are utilized across over 94 countries, with more than 275,000 users and over 43 billion square feet captured. The company’s product suite includes OpenSpace Capture, OpenSpace Air, OpenSpace BIM+, and Progress Tracking, all powered by its proprietary Spatial AI engine. As of 2023, OpenSpace reported an annual revenue of approximately $56.7 million. The company has raised significant funding, including a $102 million Series D round in 2022, bringing its valuation to $902 million . OpenSpace continues to innovate in the construction industry by enhancing transparency and efficiency through advanced visual documentation tools.
About Disperse
Disperse is a London-based construction technology company founded in 2015, specializing in AI-powered site capture and progress tracking solutions for large-scale construction projects. Its flagship platform, Impulse, combines 360° visual data with machine learning and human expertise to deliver actionable insights on project progress, issue detection, and compliance. Serving industries such as commercial real estate, healthcare, education, and infrastructure, Disperse operates globally with offices in London, New York, Sarajevo, Mostar, and Islamabad. The company has secured funding including a $16 million Series B round in 2022 and reported an annual revenue of approx. $48.3 million in 2023. Disperse’s solutions are utilized by contractors and developers to enhance productivity and decision-making on construction sites.