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OnSIteIQ
Construction intelligence platform
- 21-100 employees
- B2B
- Artificial Intelligence
- Construction
- Real Estate
- Machine Learning
- SaaS
- Midtown East, New York, NY
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Company mission
For OnsiteIQ technology to touch every construction site in the world.
10% employee growth in 12 months
Our take
It is estimated that there will be 1.6 billion new buildings built by 2050 due to demand in urbanization and economic and population growth. With new technology constantly being developed, the pace at which buildings can be designed, developed and built is far quicker than what we’ve seen before. OnsiteIQ is a platform that provides customers with 360-degree imagery of their construction site using AI technology.
Likened to Google Street View, clients can use the company's technology to walk through virtual construction sites with its computer vision. OnSiteIQ has already claimed the title for building the largest data set - over 100 million images - of visual construction risk information in the industry. The platform also provides cloud-based software that helps customers collaborate across their supply chain, reduce risk, increase productivity, reduce costs, and manage their contingent budget.
The company has acquired several rounds of funding; one of the more recent influxes was used to support the development of AI-powered safety analysis, to open new offices in Texas and California, grow the company sales team, and partner with more insurance companies to give them insights into data that may indicate risk at construction sites. It is likely to continue these impressive plans off the back of the exciting growth the company has had since founding in 2017.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Flexible PTO so you can take the time you need
- Flexible work schedules—we trust you to know what will make yourself most productive
- Company events that highlight our team's passions and hobbies
- We care about you. We offer a competitive health, dental, and vision insurance for employees and their dependents
- Supportive work environment and a manager who is focused on your professional growth
Company values
- Be Indispensable: We don’t believe in technology for technology’s sake. We build tools that deliver meaningful value to customers and help them work smarter.
- Default to Action: We build products that are dynamic and interactive. We design tools to be used, not just data to be stored.
- Innovate Endlessly: We aren’t content with the status quo. We tirelessly pursue progress and growth, and never give up on a challenge.
- Demonstrate Transparency: We reflect the transparency our product offers by being upfront and direct with our clients. We don’t play games and are always straight shooters.
Funding (last 2 of 5 rounds)
Oct 2023
$14m
SERIES B
Feb 2023
$10m
SERIES A
Total funding: $34.5m
This company has top investors
Leadership
Ardalan Khosrowpour
(CEO)Previously worked as a Machine Learning Engineer at Ecorithm. They have an extensive education background in Engineering.