Open Asset

Open Asset

Digital asset management for AEC firms

About Open Asset

Simplify's Rating
Why Open Asset is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

N/A

Headquarters

New York City, New York

Founded

2002

Overview

OpenAsset provides a Digital Asset Management platform tailored for architecture, engineering, and construction (AEC) firms. The platform organizes all digital files into a searchable database, allowing AEC teams to efficiently create high-quality proposals. Users benefit from an easy-to-use software interface that enhances project workflows and improves the quality of proposals, which helps firms secure more business. Unlike many competitors, OpenAsset focuses specifically on the needs of AEC firms, offering a subscription-based service that generates recurring revenue. The main goal of OpenAsset is to boost productivity and increase the success rates of proposals for its clients.

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Simplify's Take

What believers are saying

  • AI-driven personalization in DAM is enhancing user experiences and client engagement.
  • Integration with project management tools boosts workflow efficiency for AEC firms.
  • Rising demand for cloud-based solutions supports OpenAsset's remote collaboration capabilities.

What critics are saying

  • AI Visual Search may face adoption challenges if AEC firms resist AI integration.
  • Growth investment pressure could strain OpenAsset's resources and affect service quality.
  • New user license system might face resistance if it increases costs for clients.

What makes Open Asset unique

  • OpenAsset focuses exclusively on the AEC industry, offering tailored DAM solutions.
  • The platform integrates AI Visual Search, enhancing digital asset discoverability for AEC firms.
  • OpenAsset's subscription model ensures consistent revenue through recurring client fees.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Remote Work Options

Flexible Work Hours

Commuter Benefits

401(k) Retirement Plan

401(k) Company Match

Paid Parental Leave

Home Office Stipend

Professional Development Budget

Company News

OpenAsset
Feb 6th, 2025
OpenAsset Welcomes Eric Liou as Chief Product Officer

OpenAsset welcomes Eric Liou as Chief Product Officer.

OpenAsset
Jan 9th, 2025
Discover a New Way to Work with OpenAsset's AI Visual Search

OpenAsset is excited to introduce AI Visual Search, the latest addition to OpenAsset's toolkit for AEC (Architecture, Engineering, and Construction) firms.

MarTech Cube
Jun 8th, 2024
OpenAsset Launches WordPress Plugin for AEC Marketers

OpenAsset launches WordPress Plugin for AEC marketers.

Marlin Equity Partners
Jan 25th, 2023
Marlin completes growth investment in OpenAsset - Marlin Equity

LOS ANGELES and LONDON, January 25, 2023 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has completed a growth investment in OpenAsset Enterprises (“OpenAsset”), a leading verticalized DAM (“Digital Asset Management”) provider for the AEC (“Architecture, Engineering and Construction”) industry. The company’s market leading DAM platform, focused solely on the AEC sector, […]

OpenAsset
Aug 9th, 2022
OpenAsset launches website and OpenAsset

“[Integrations] have been one of the greatest advantages that OpenAsset didn’t realize OpenAsset would even have before starting with OpenAsset… OpenAsset recently launched a new website and OpenAsset wanted to make it a lot more dynamic and ensure it stayed current.

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