Turning 360° job-site imagery into proof - so the people funding a building can finally see it.
In construction, the person with the most money at stake often has the least idea what is actually happening on the ground. Progress reports, draw requests, and change orders are written by the same parties being paid to do the work. OnsiteIQ, a New York company founded in 2017, built its entire business around closing that gap.
The premise is straightforward. Specialists capture recurring 360-degree, high-resolution imagery across a client's active job sites. Proprietary computer vision then reads those images, maps them to floor plans and construction schedules, and translates what it sees into progress, risk, and delay analytics. The result is a verifiable record of a build that owners, developers, and lenders can trust rather than take on faith.
Founder and CEO Ardalan Khosrowpour did not arrive at the idea casually. He holds a PhD in civil engineering from Virginia Tech, where his research focused on applying artificial intelligence and computer vision to the built environment, and he was a postdoctoral fellow at Cornell Tech before starting the company. The academic lineage shows in the product: OnsiteIQ treats a job-site photo not as a snapshot but as structured data with a location, a timestamp, and a place in a schedule.
That distinction - between a photo and proof - is the company's whole pitch. A photo shows a wall. OnsiteIQ shows the wall, the floor it sits on, the trade responsible for it, and whether it should exist yet given where the project is supposed to be. Multiply that across thousands of sites and the company has assembled a database of roughly four billion construction images, one of the larger visual records of the built environment in North America.
Where many construction technology firms sell to the general contractor running the job, OnsiteIQ made a deliberate choice to serve the owner and investor instead. Its customers are the general partners, limited partners, and lenders who put up the capital and carry the risk. For them, the value is oversight at portfolio scale: the ability to keep eyes on 110-plus markets without hiring an army of inspectors.
The company's own summary of its mission is unadorned - "bringing transparency to the real estate industry" - and its marketing line is similarly plain: "scale oversight without scaling overhead." Both point at the same idea. Construction has always run on trust and paperwork. OnsiteIQ's contribution is to add evidence.
OnsiteIQ's platform grew in stages - first the imagery, then the analytics on top of it, and most recently an AI engine that forecasts where a project is heading.
A verification layer built on 360° high-resolution imagery captured across active job sites and mapped to floor plans, so any location can be revisited at any point in time.
Analytics that track construction against schedule, surface underperforming trades, and offer trend analysis by trade, building, floor, or project phase.
The flagship AI-powered intelligence engine. It highlights stagnation early, helps identify root causes, and forecasts delivery risk across an entire portfolio.
Bringing transparency to the real estate industry.
Construction delays and disputes are expensive precisely because they surface late. By the time a stalled trade shows up in a monthly report, the schedule has already slipped and the paperwork has already diverged from reality. OnsiteIQ's argument is that weekly, verifiable coverage changes the economics of oversight. The company reports the following outcomes for platform users:
Figures as reported by OnsiteIQ; results vary by project.
The reality-capture and construction-monitoring field is crowded - OpenSpace, Doxel, Buildots, StructionSite, Track3D, SiteAware, and Constru all operate nearby. Most of them build for the general contractor managing the job day to day.
OnsiteIQ points its product at a different buyer: the real estate owner, investor, and lender. Its imagery and AI are positioned as a verification layer for the party funding the work - the one that historically had the least visibility and the most exposure. That focus, combined with a managed capture service rather than a purely self-serve app, is the company's central bet.
B2B SaaS subscription paired with a managed site-capture service. OnsiteIQ sends specialists to capture recurring 360° imagery, then sells access to its AI analytics platform to owners, developers, GPs, LPs, and construction lenders on a recurring basis.
Real estate owners, developers, equity partners, and lenders. Named clients include Toll Brothers, Greystar, Choice Hotels, and YUM! Brands. The platform has covered 30,000+ assets worth more than $18B across the US and Canada.
Total capital raised across rounds is roughly $34.5M+. The 2023 Series B was earmarked for expanding construction intelligence for real estate investors.
Ardalan Khosrowpour launches OnsiteIQ, drawing on research from Cornell Tech and Virginia Tech.
The 360° imagery verification layer ships alongside a $4.5M raise to improve construction safety and quality using AI.
Analytics arrive that track progress against schedule and flag underperforming trades.
Vertical Venture Partners leads, joined by RET Ventures and Interplay VC, to serve real estate investors.
The flagship intelligence engine launches, highlighting stagnation early and identifying root causes across portfolios.
Scale oversight without scaling overhead.
It captures 360° high-resolution imagery of construction sites and uses computer vision and AI to turn that imagery into progress, risk, and delay analytics for real estate owners, developers, and lenders.
It was founded in 2017 by Ardalan Khosrowpour, who holds a PhD in civil engineering and researched construction AI at Cornell Tech and Virginia Tech.
Real estate owners, developers, equity partners, and construction lenders, including named clients such as Toll Brothers, Greystar, Choice Hotels, and YUM! Brands.
Roughly $34.5M+ across rounds, including a $4.5M seed and a $14M Series B announced in October 2023 led by Vertical Venture Partners.
OnsiteIQ focuses primarily on the real estate owner and investor rather than the general contractor, positioning its imagery and AI as a verification layer for the people funding the project.