When was Verdagy founded?

Verdagy was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Verdagy located?

Verdagy is headquartered in Moss Landing, United States.

How many employees does Verdagy have?

As of Jul 31, 2026, the latest employee count at Verdagy is 48.

Is Verdagy a funded company?

Verdagy is a funded company, having raised a total of $98M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 08, 2022.

When was the latest funding round of Verdagy?

Verdagy's latest funding was a $***** Grant (prize money) round on Oct 08, 2025, with participation from 1 investor.

Where does Verdagy rank among its competitors?

Verdagy ranks 14th amongst 477 active competitors, of which 108 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Hygenco, which secured $105M in Jun, 2026.

Who are the top competitors of Verdagy?

Verdagy's top competitors include Lhyfe, Nel Hydrogen and Orsted. Among them, Hygenco secured the most recent funding round in June, 2026.

Verdagy - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: verdagy.com
Email ID: *****@verdagy.com
Phone Number: +1 **********

Key Metrics

Founded Year

2021

Location

Moss Landing, United States

Stage

Series B

Total Funding

$98M in 5 rounds

Latest Funding Round

Grant (prize money), Oct 08, 2025, $*****

Investors

Temasek & 18 more

Ranked

14^th among 477 active competitors

Employee Count

48 as on Jul 31, 2026

Similar Companies

Sunfire & 22 more

View Verdagy's full profile

Verdagy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Verdagy, Inc. CIN: 863676077 , United States, Active	Dec 31, 1999	-	88 (As on Dec 31, 2024)	-

Verdagy has raised a total funding of $98M over 5 rounds. Its first funding round was on Feb 08, 2022. Its latest funding round was a Grant (prize money) round on Oct 08, 2025 for $*****. 1 investor participated in its latest round. Verdagy has 19 institutional investors.

Here is the list of recent funding rounds of Verdagy:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 08, 2025	8512343	Grant (prize money)	7718838	3775864	7974814	6783063
Apr 30, 2025	8011756	Grant (prize money)	5362006	5448131	5046270	OSTI
Mar 14, 2024	7254922	Grant (prize money)	3628364	9385175	8366912	DOE

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View details of Verdagy's funding rounds and investors

The founders of Verdagy is Ryan Gilliam.

Here are the details of Verdagy's key team members:

Ryan Gilliam: Founder of Verdagy and founder of 2 other companies, Chemetry and Fortera. They serve on the board of 1 company.
Contact Info: 1 email address

Verdagy's Board of Directors

Verdagy's board has 5 active members. Vikas Gupta, Rajesh Swaminathan, Ryan Gilliam, Anil Achyuta and Eric Olsen are independent board members.

Here is the list of Verdagy's board of directors:

Name	Type	Representing	Status	Duration
Vikas Gupta	Independent board member	-	Current	2y 11m
meczj{{	Independent board member	-	Current	8y 4m
brcirqy	Independent board member	-	Current	6y 2m
dzhovlj	Independent board member	-	Current	7y 2m
qmpclaa	Independent board member	-	Current	5y 4m

View details of Verdagy's Founder profiles and Board Members

Verdagy's employee count trend

Verdagy has 48 employees as of Jul 26. Here is Verdagy's employee count trend over the years:

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Top competitors of Verdagy include Lhyfe, Nel Hydrogen and Orsted. Here is the list of Top 10 competitors of Verdagy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lhyfe 2017, Nantes (France), Public	Manufacturer of renewable hydrogen produced through water electrolysis and electricity	$96.9M	Andera Partners, Noria & 12 others	71/100
2nd	Nel Hydrogen 1927, Oslo (Norway), Acquired	Manufacturer of electrolyser technology for renewable hydrogen production and related services	-	Defense.gov, Vermögensclub & 4 others	69/100
3rd	Orsted 2006, Fredericia (Denmark), Acquired	Developer and operator of offshore wind farms and energy assets	-	ELM Responsible Investments, Equinor & 2 others	68/100
4th	Heliogen 2013, Pasadena (United States), Acquired	Producer of hydrogen and syngas using sunlight	$111M	Prime Movers Lab, ArcelorMittal & 24 others	66/100
5th	Air Products 1940, Allentown (United States), Public	Manufacturer of industrial gases and chemicals	-	Pershing Square Capital Management, Europa ... & 2 others	66/100
6th	Hygenco 2020, Gurugram (India), Series C	Provider of green hydrogen and green ammonia production and distribution solutions	$130M	Neev Fund, IFC & 9 others	66/100
7th	Sunfire 2010, Dresden (Germany), Series E	Manufacturer of industrial alkaline and solid oxide hydrogen electrolysis systems	$487M	Lightrock, Blue Earth Capital & 37 others	66/100
8th	GH2 Solar 2013, Noida (India), Series A	Provider of solar EPC and green hydrogen solutions	$9.09M	GrowMo360, AARTH AIF & 11 others	65/100
9th	Monolith 2012, Lincoln (United States), Series D	Manufacturer of carbon black and hydrogen products for various industrial uses	$593M	Cornell Capital, TPG & 11 others	64/100
10th	H3 Dynamics 2015, Singapore (Singapore), Series B	Provides aerial inspection services using drones	$39M	ACA Investments, Sumitomo Mitsui Banking Corporation ... & 13 others	64/100
14th	Verdagy 2021, Moss Landing (United States), Series B	Provider of electrolyzers for hydrogen production	$98M	Temasek, Shell & 17 others	62/100