Rapid Funding Growth OnsiteIQ has successfully raised $14 million in Series B funding from notable investors like Vertical Venture Partners, Interplay, and RET Ventures, demonstrating strong investor confidence and a solid financial backing that supports expansion and product development.
Strategic Leadership Hiring The appointment of Andrea Neiman as VP of Marketing signals a focus on scaling brand visibility and market positioning, which can open opportunities for targeted marketing collaborations, partnership development, and customized outreach campaigns.
Innovative Technology Adoption With its AI-driven construction intelligence platform featuring 360° imagery and real-time insights, OnsiteIQ provides a compelling value proposition for large commercial real estate firms seeking to optimize project transparency, delays management, and scheduling efficiency.
Large Market Potential Operating within the construction and real estate industry with a revenue range of $50M to $100M, OnsiteIQ presents multiple growth avenues for enterprise-level clients and can benefit from upselling existing clients or onboarding new large-scale developers and investors.
Market Leadership Position Having launched its platform in October 2021 and secured recent funding, OnsiteIQ is positioned to accelerate its go-to-market efforts and capture a larger share of the competitive construction technology space, making it an attractive partner for strategic alliances and joint ventures.