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 Apr 30, 2026, the latest employee count at Verdagy is 51.

Is Verdagy a funded company?

Verdagy is a funded company, having raised a total of $98M across 4 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 Apr 30, 2025, with participation from 1 investor.

Where does Verdagy rank among its competitors?

Verdagy ranks 5th amongst 415 active competitors, of which 100 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Stargate Hydrogen, which secured an undisclosed amount in Jul, 2025.

Who are the top competitors of Verdagy?

Verdagy's top competitors include Lhyfe, Nel Hydrogen and Greenfuel Energy Solutions. Among them, Stargate Hydrogen secured the most recent funding round in July, 2025.

Verdagy - 2026 Company Profile, Team, Funding & Competitors

Verdagy is a series B company based in Moss Landing (United States), founded in 2021 by Ryan Gilliam. It operates as a Provider of electrolyzers for hydrogen production. Verdagy has raised $98M in funding from investors like Temasek, Shell Ventures and TDK Ventures. The company has 415 active competitors, including 100 funded and 31 that have exited. Its top competitors include companies like Lhyfe, Nel Hydrogen and Greenfuel Energy Solutions.

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 4 rounds

Latest Funding Round

Grant (prize money), Apr 30, 2025, $*****

Investors

Temasek & 18 more

Ranked

5^th among 415 active competitors

Employee Count

51 as on Apr 30, 2026

Similar Companies

Sunfire & 17 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 4 rounds. Its first funding round was on Feb 08, 2022. Its latest funding round was a Grant (prize money) round on Apr 30, 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
Apr 30, 2025	9005499	Grant (prize money)	5792082	6590178	2314591	3122306
Mar 14, 2024	6447752	Grant (prize money)	6110931	7147732	8499880	DOE
Aug 08, 2023	2892435	Series B	4082661	7732129	Temasek & 1 more	Bidra Innovation Ventures & 7 more

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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, Eric Olsen and Anil Achyuta 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 7m
h{bydwf	Independent board member	-	Current	8y 6m
o{jxwbx	Independent board member	-	Current	3y 8m
gjidcvk	Independent board member	-	Current	5y 1m
krhkhgb	Independent board member	-	Current	3y 4m

View details of Verdagy's Founder profiles and Board Members

Verdagy's employee count trend

Verdagy has 51 employees as of Apr 26. Here is Verdagy's employee count trend over the years:

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Top competitors of Verdagy include Lhyfe, Nel Hydrogen and Greenfuel Energy Solutions. 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	Producer and supplier of renewable and green hydrogen for various applications	$96.9M	Mitsui, Bpifrance & 12 others	73/100
2nd	Nel Hydrogen 1927, Oslo (Norway), Acquired	Manufacturer of electrolyser technology for renewable hydrogen production and related services	-	Defense.gov, Vermögensclub & 4 others	70/100
3rd	Greenfuel Energy Solutions 2006, Gurugram (India), Acquired	Manufacturer of CNG, LNG, and hydrogen components for vehicle and stations	-	-	70/100
4th	Orsted 2006, Fredericia (Denmark), Acquired	Developer of renewable energy solutions including offshore wind, solar, and bioenergy	-	ELM Responsible Investments, Equinor & 2 others	68/100
5th	Verdagy 2021, Moss Landing (United States), Series B	Provider of electrolyzers for hydrogen production	$98M	Temasek, Shell & 17 others	62/100
6th	Heliogen 2013, Pasadena (United States), Acquired	Producer of hydrogen and syngas using sunlight	$111M	Prime Movers Lab, ArcelorMittal & 23 others	66/100
7th	Air Products 1940, Allentown (United States), Public	Manufacturer of industrial gases and chemicals	-	Pershing Square Capital Management, Military Health ... & 2 others	66/100
8th	Stargate Hydrogen 2020, Tallinn (Estonia), Series A	Manufacturer of alkaline electrolyser stacks and containerised hydrogen production systems	$56.3M	UGI, SmartCap & 3 others	66/100
9th	H3 Dynamics 2015, Singapore (Singapore), Series B	Provides aerial inspection services using drones	$39M	ACA Investments, Sumitomo Mitsui Banking Corporation ... & 13 others	65/100
10th	Monolith 2012, Lincoln (United States), Series D	Manufacturer of carbon black and hydrogen products for various industrial uses	$593M	Cornell Capital, TPG & 11 others	65/100