OnSiteIQ

New York company applying computer vision to 360-degree site imagery to track construction progress and risk.[1]

Overview

OnSiteIQ is a New York company applying computer vision to 360-degree site imagery to track construction progress and risk [1]. The company sends capture specialists to active construction sites weekly for 360-degree high-resolution imaging and applies an AI computer vision engine, generating an average of 2 million data points per project [2]. OnSiteIQ lists its headquarters at 16 W 36th St Suite 502, New York, NY 10018 [4].

OnSiteIQ has worked with customers including Toll Brothers, Greystar, Choice Hotels, Yum! Brands, Crescent Communities and Kennedy Wilson [3]. The company raised a $4.5 million Series A round led by Bullpen Capital with participation from Anthemis Group and MetaProp in February 2020 [5]. In February 2023, OnsiteIQ raised $10 million in Series A funding from MetaProp NYC, ValueStream Ventures and Vertical Venture Partners, bringing total funding to $22 million [6]. At the time of its February 2023 funding round, the company had a team of 60 [7].

OnsiteIQ sends capture specialists to active construction sites weekly for 360-degree high-resolution imaging and applies an AI computer vision engine, generating an average of 2 million data points per project. [2]

OnsiteIQ lists its headquarters as 16 W 36th St Suite 502, New York, NY 10018. [4]

Customers

OnsiteIQ displayed Toll Brothers, Greystar, Choice Hotels, Yum! Brands, Crescent Communities and Kennedy Wilson among its customers. [3]

Funding history

OnSiteIQ raised a $4.5 million Series A round led by Bullpen Capital with participation from Anthemis Group and MetaProp, reported on February 19, 2020. [5]

OnsiteIQ raised $10 million in Series A funding from MetaProp NYC, ValueStream Ventures and Vertical Venture Partners in February 2023, bringing total funding to $22 million. [6]

Growth & traction

At the time of its February 2023 funding round, New York-based OnsiteIQ had a team of 60. [7]

Backers

  • MetaProp

    A venture capital and growth equity firm that invests in technology companies focused on real estate, property management, and the built environment.

  • MetaProp

    New York venture capital and growth equity firm focused on proptech and the built world, with over 150 portfolio companies.

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