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.
- Website
- verdigris.co
- 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
Ranked
30th among 5732 active competitors
Employee Count
88 as on Jun 30, 2026
Legal entities associated with Verdigris
Verdigris is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERDIGRIS TECHNOLOGIES INC. CIN: 198170392 , United States, Active | Jun 15, 2022 | - | - | - |
Verdigris Technologies, Inc. CIN: 272966106 , United States, Active | Mar 02, 2011 | - | 20 (As on Dec 31, 2016) | - |
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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:
Filter 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 |
View details of Verdigris's funding rounds and investors
Verdigris' founders and board of directors
Founder? Claim ProfileThe founders of Verdigris is Mark Chung. Mark Chung is the CEO of Verdigris.
Here are the details of Verdigris' key team members:
- Mark Chung: Co-Founder & CEO of Verdigris. They serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of Verdigris's Founder profiles and Board Members
Verdigris' employee count trend
Verdigris has 88 employees as of Jun 26. Here is Verdigris's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 77/100 | |
2nd | Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 76/100 | |
3rd | Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 73/100 | |
4th | SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 72/100 | |
5th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 70/100 | |
6th | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 70/100 | |
7th | 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 | Stem 2009, Millbrae (United States), Public | Provider of AI and cloud-driven energy solutions | $229M | 69/100 | |
9th | Provider of a digital platform for electricity consumption management and insights | $177M | 69/100 | ||
10th | PowerSecure 1991, Wake Forest (United States), Acquired | Energy efficiency and smart grid management solutions | - | 69/100 | |
30th | 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
Media has covered Verdigris for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Southwire Announces Strategic Investment in VerdigrisAccess Newswire•Mar 23, 2026•Southwire, Verdigris
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Verdigris Selects EnergyHUB 360 as Channel Partner Manager to Drive Adoption and Growth in Energy IntelligenceHITECH news articles•Nov 07, 2025•Verdigris, EnergyHUB 360
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Verdigris partners with EnergyHUB 360 to boost AI energy solutions in commercial real estate.
Business PR News•Jun 25, 2025•Verdigris, EnergyHUB 360
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Verdigris Wins Multiple Industry Awards for Innovation and SustainabilityBusiness Wire•Jul 21, 2021•Verdigris
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Machine Learning Technology to Help Manage Energy Operations of C&I BuildingsEnvironmental Leader•Nov 06, 2019•Verdigris, ABB
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