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VergeSense - About the company

VergeSense is a series C company based in San Francisco (United States), founded in 2017 by Kelby Green and Dan Ryan. It operates as a Provider of an IoT and AI-powered hardware/software solution for building management. VergeSense has raised $82.6M in funding from investors like Scale Venture Partners, Tola Capital and Allegion, with a current valuation of $*****. The company has 245 active competitors, including 23 funded and 18 that have exited. Its top competitors include companies like Assa Abloy, OfficeSpace Software and Kadence.

Company Details

Provider of an IoT and AI-powered hardware/software solution for building management. It provides a data analytics solution for managing space and amenities utilization in buildings and enterprises for installation in their office buildings. The hardware component includes a sensor box that can count the number of persons in a room, check desk utilization, sitting and standing behavior by occupants, etc. These data points are transmitted via a network to a cloud-based hub. The AI-powered data analytics solution can dynamically assign open desks or unoccupied rooms to employees. The ML algorithms can recommend changes in office set-up, predictive maintenance schedules, etc.
Social
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Email ID
*****@vergesense.com
Phone Number
+1 **********
Registered Address
2261 MARKET ST,SAN FRANCISCO,CA,94114,0
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series C
Total Funding
$82.6M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 01, 2017
Ranked
Employee Count
108 as on Aug 31, 2026
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VergeSense's funding and investors

VergeSense has raised a total funding of $82.6M over 5 rounds. Its first funding round was on 2017. Its latest funding round was a Series C round on Nov 08, 2021 for $*****. 7 investors participated in its latest round. VergeSense has 15 institutional investors.

Here is the list of recent funding rounds of VergeSense:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 08, 2021
3575476
Series C
4732911
7513976
9294492
7790008
Dec 22, 2020
8363437
Series B
2447152
3488154
1518821
May 21, 2020
1192383
Series A
6948170
6947069
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VergeSense's founders and board of directors

Founder? Claim Profile
The founders of VergeSense are Kelby Green and Dan Ryan. Dan Ryan is the CEO of VergeSense.
Here are the details of VergeSense's key team members:

VergeSense's employee count trend

VergeSense has 108 employees as of Aug 26. Here is VergeSense's employee count trend over the years:
Employee count trend for VergeSense
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VergeSense's Competitors and alternates

Top competitors of VergeSense include Assa Abloy, OfficeSpace Software and Kadence. Here is the list of Top 10 competitors of VergeSense, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Assa Abloy
Assa Abloy
1994, Stockholm (Sweden), Public
Manufacturer of locking systems and related security solutions
-
65/100
2nd
Logo for OfficeSpace Software
OfficeSpace Software
2004, New York City (United States), Late Stage
Saas-enabled platform offering office space management services
$150M
63/100
3rd
Logo for VergeSense
VergeSense
2017, San Francisco (United States), Series C
Provider of an IoT and AI-powered hardware/software solution for building management
$82.6M
58/100
4th
Logo for Kadence
Kadence
2021, London (United Kingdom), Series A
SaaS-driven space management solution for commercial spaces
$30.2M
57/100
5th
Logo for Skedway
Skedway
2017, Orlando (United States), Funding Raised
Developer of a platform for managing shared workspaces and service assets
-
-
55/100
6th
Logo for Lambent
Lambent
2016, Boston (United States), Series A
Provider of SaaS-driven solutions for space management
$36M
50/100
7th
Logo for HubStar
HubStar
2006, London (United Kingdom), Unfunded
Developer of a platform for hybrid workplace and occupancy management
-
-
46/100
8th
Logo for Maptician
Maptician
2016, Alpharetta (United States), Series A
Cloud-based space management software for offices
$5.74M
-
44/100
9th
Logo for AgilQuest
AgilQuest
1994, Richmond (United States), Acquired
Online workspace management platform
-
43/100
10th
Logo for Mapiq
Mapiq
2013, Delft (Netherlands), Series A
Provider of cloud-based software for office desk booking
$23.2M
42/100
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VergeSense's Investments and acquisitions

VergeSense has made no investments or acquisitions yet.

Reports related to VergeSense

Here is the latest report on VergeSense's geography:

News related to VergeSense

lockFilter this list
Media has covered VergeSense for a total of 5 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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