OpenSpace vs Prologis
Side-by-side comparison of AI visibility scores, market position, and capabilities
Construction site documentation platform with helmet-mounted 360 cameras; automatic floor plan georeferencing for complete project photo records competing with Matterport at Turner and Skanska.
About
OpenSpace is a construction documentation and site monitoring platform that uses 360-degree cameras to automatically capture complete visual records of construction progress — enabling general contractors, owners, and project teams to document site conditions, track construction against design models, and resolve disputes with comprehensive photographic evidence collected by walking the site with a helmet-mounted camera. Founded in 2017 by Jeevan Kalanithi and Alan Teuer in San Francisco, OpenSpace has raised approximately $100 million and serves construction projects at major developers and general contractors including Turner Construction, Skanska, and Mortenson.\n\nOpenSpace's technology consists of a 360-degree camera mounted on a helmet that workers carry as they walk the site — the system automatically georeferences photos to the building's floor plan and creates a timestamped, navigable virtual walkthrough of the entire project site. Project teams can compare current conditions to earlier captures (identifying progress, change orders, or potential deficiencies), link photos to specific plan locations for RFI and issue documentation, and navigate the complete site history from any browser or mobile device.\n\nIn 2025, OpenSpace competes in the construction site documentation market against Matterport (3D scanning), Procore Observations, and Autodesk Construction Cloud Docs for visual documentation and progress tracking. The construction documentation market has significant ROI for projects — a 360-degree photographic record that resolves a single change order dispute or warranty claim can pay for years of platform subscription. OpenSpace's AI layer analyzes captures to automatically detect construction progress compared to the design model, flagging potential deficiencies before they become expensive corrections. The 2025 strategy focuses on AI-powered progress analytics (automated schedule delay risk identification), expanding drone capture integration for exterior documentation, and growing in European construction markets.
San Francisco global logistics REIT (NYSE: PLD) with 1.3B sq ft in 20 countries; 2024 Core FFO $5.56/share, CEO transition to Dan Letter 2026, data center conversions and Essentials platform competing with EastGroup for industrial.
About
Prologis, Inc. is a San Francisco, California-based global logistics real estate investment trust — publicly traded on the New York Stock Exchange (NYSE: PLD) as an S&P 500 REIT component — owning, operating, and developing over 1.3 billion square feet of industrial and logistics properties across 6,000+ buildings in 20 countries throughout North America, Latin America, Europe, and Asia, with approximately $130+ billion in assets under management and 6,700 customer relationships. In fiscal year 2024, Prologis reported full-year Core FFO of $5.56 per share (with Q4 2024 Core FFO of $1.50 per share, up 19.0% year-over-year) and net earnings of $4.01 per share, maintaining $7.4 billion in liquidity and a conservative debt-to-EBITDA ratio of 4.6x. Founded in 1983 as AMB Property Corporation by Hamid Moghadam and Doug Abbey, Prologis became the world's largest industrial REIT through strategic consolidation: ProLogis Trust merger ($46B combined entity, 2011), DCT Industrial Trust ($8.5B, 2018), Liberty Property Trust ($13B, 2020), and Duke Realty ($23B, 2022 — the largest US commercial real estate transaction since the pandemic). CEO Hamid Moghadam will transition to Executive Chairman in 2026 with Dan Letter assuming the CEO role.
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