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Verdigris - About the company

Verdigris is a series B company based in Mountain View (United States), founded in 2011 by Mark Chung. It operates as an AI and SaaS-driven energy analytics platform for the management of facilities and commercial buildings. Verdigris has raised $41.8M in funding from investors like DCVC, Jabil and Solea Energy. The company has 5732 active competitors, including 775 funded and 512 that have exited. Its top competitors include companies like Landis+Gyr, Sense and Metronome.

Company Details

AI and SaaS-driven energy analytics platform for the management of facilities and commercial buildings. The cloud-based solution allows users to optimize operations, facility uptime, and manage energy costs. Its wireless sensors enable real-time identification, disaggregation, and analysis of the loads in buildings, providing insights into behavior and usage. It also provides an IoT Energy Meter that helps to track energy consumption with its smart sensors.
Social
X
Registered Address
Moffett Field, California
Key Metrics
Founded Year
2011
Location
Mountain View, United States
Stage
Series B
Total Funding
$41.8M in 14 rounds
Latest Funding Round
Investors
Ranked
Employee Count
88 as on Jun 30, 2026
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Verdigris's funding and investors

Verdigris has raised a total funding of $41.8M over 14 rounds. Its first funding round was on Nov 09, 2011. Its latest funding round was a Series B round on Mar 05, 2026 for $*****. 1 investor participated in its latest round. Verdigris has 14 institutional investors.

Here is the list of recent funding rounds of Verdigris:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 05, 2026
4802596
Series B
7672763
2427327
3394924
9787816
Aug 21, 2023
4742486
Series B
7510581
9298390
6111489
3474333
Dec 10, 2021
6598624
Series B
9080766
2161195
1631918
5631536
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Verdigris' founders and board of directors

Founder? Claim Profile
The founders of Verdigris is Mark Chung. Mark Chung is the CEO of Verdigris.
Here are the details of Verdigris' key team members:

Verdigris' Board of Directors

Verdigris's board has 7 active members. Mark Chung, Robert Giles, Craig Norris, Craig Darrell Norris, Frederick Daniel Weber, Tina Zhao and Jonathan Chu are independent board members.
Here is the list of Verdigris' board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
14y 7m
anscbml
Independent board member
-
Current
3y 5m
dmzhasp
Independent board member
-
Current
1y 7m
phikjod
Independent board member
-
Current
7y 9m
m{chbtg
Independent board member
-
Current
8y 2m
lwnegby
Independent board member
-
Current
9y 3m
ivyswwf
Independent board member
-
Current
6y 5m

Verdigris' employee count trend

Verdigris has 88 employees as of Jun 26. Here is Verdigris's employee count trend over the years:
Employee count trend for Verdigris
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Verdigris's Competitors and alternates

Top competitors of Verdigris include Landis+Gyr, Sense and Metronome. Here is the list of Top 10 competitors of Verdigris, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
2nd
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
76/100
3rd
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
73/100
4th
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
72/100
5th
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
70/100
6th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
70/100
7th
Logo for Bidgely
Bidgely
2011, Mountain View (United States), Series C
Provider of a solution for consumers to monitor and manage their household energy use
$87.7M
69/100
8th
Logo for Stem
Stem
2009, Millbrae (United States), Public
Provider of AI and cloud-driven energy solutions
$229M
69/100
9th
Logo for Tibber
Tibber
2016, Stockholm (Sweden), Series C
Provider of a digital platform for electricity consumption management and insights
$177M
69/100
10th
Logo for PowerSecure
PowerSecure
1991, Wake Forest (United States), Acquired
Energy efficiency and smart grid management solutions
-
69/100
30th
Logo for Verdigris
Verdigris
2011, Mountain View (United States), Series B
AI and SaaS-driven energy analytics platform for the management of facilities and commercial buildings
$41.8M
57/100
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Verdigris's Investments and acquisitions

Verdigris has made no investments or acquisitions yet.

Reports related to Verdigris

Here is the latest report on Verdigris's sector:

News related to Verdigris

lockFilter this list
Media has covered Verdigris for a total of 2 events in the last 1 year, 1 of them has been about company updates.
Verdigris’ $10 Million FundraisingGlobal Legal ChronicleSep 11, 2023Pillsbury, Verdigris
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FAQs about Verdigris

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