When was Verses founded?

Verses was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Verses located?

Verses is headquartered in Los Angeles, United States.

How many employees does Verses have?

As of May 27, 2025, the latest employee count at Verses is 49.

Is Verses a funded company?

Verses is a funded company, having raised an undisclosed amount across 14 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Dec 01, 2020.

When was the latest funding round of Verses?

Verses' latest funding was a $***** Post IPO round on Mar 13, 2026, with participation from 0 investor. Its primary sector is Digital Twin. In United States, the Digital Twin sector has seen $1.36B in funding in 2026 to date.

Where does Verses rank among its competitors?

Verses ranks 2nd amongst 80 active competitors, of which 11 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Verses, which secured $518K in Mar, 2026.

Who are the top competitors of Verses?

Verses' top competitors include Firmus, Immense and Gaist Holdings. Among them, Verses secured the most recent funding round in March, 2026.

Verses - 2026 Company Profile, Team, Funding & Competitors

Verses is a public company based in Los Angeles (United States), founded in 2018 by Dan Mapes. It operates as a Provider of AI-integrated digital twins for data distribution. Verses has raised an undisclosed amount in funding. The company has 80 active competitors, including 11 funded and 6 that have exited. Its top competitors include companies like Firmus, Immense and Gaist Holdings.

Company Details

Provider of AI-integrated digital twins for data distribution. It designs and develops spatial rights management tools for enterprises, organizations, and governments. Its systems enable cognitive computing, order picking, visual navigation, and AI-powered personal assistance.

Website: www.verses.ai/
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Key Metrics

Founded Year

2018

Location

Los Angeles, United States

Stage

Public

Latest Funding Round

Post IPO, Mar 13, 2026, $*****

Investors

G42 & 1 more

Ranked

2^nd among 80 active competitors

Employee Count

49 as on May 27, 2025

Similar Companies

SoundHound & 4950 more

Exit Details

Public

View Verses' full profile

Verses got listed on Jun 28, 2022.

Click here to take a look at Verses's IPO in detail

Verses has raised funding over 14 rounds. Its first funding round was on Dec 01, 2020. Verses has 2 institutional investors.

Here is the list of recent funding rounds of Verses:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 13, 2026	8801116	Post IPO	1143849	9647417	2590220	9860847
Dec 09, 2024	7444049	Post IPO	8395725	9321547	6534991	2030358
Sep 26, 2024	5887985	Post IPO	2650658	6162664	2035016	7839155

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View details of Verses's funding rounds and investors

The founders of Verses is Dan Mapes.

Here are the details of Verses' key team members:

Dan Mapes: Co-Founder of Verses and founder of 1 other company.

View details of Verses's Founder profiles and Board Members

Verses' employee count trend

Verses has 49 employees as of May 25. Here is Verses's employee count trend over the years:

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Top competitors of Verses include Firmus, Immense and Gaist Holdings. Here is the list of Top 10 competitors of Verses, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Firmus 2019, Herzliya (Israel), Acquired	Provider of AI and cloud-based solutions for analyzing construction designs	$150K	Navitas Capital, URBAN-X & 7 others	59/100
2nd	Verses 2018, Los Angeles (United States), Public	Provider of AI-integrated digital twins for data distribution	-	G42, Europa	57/100
3rd	Immense 2016, London (United Kingdom), Series A	Provides a platform for transportation simulation and intelligence	$4.6M	Amadeus Capital, Global Brain & 14 others	48/100
4th	Gaist Holdings 2012, Lancaster (United Kingdom), Series A	Road inspection data and digital twin provider	$6.48M	BGF & 3 others	46/100
5th	Varadise Ai 2018, Hong Kong (China), Series A	Provider of AI-powered digital twin solutions for construction site management	$3M	Betatron Venture Group, Innovation and Technology Fund ... Read more	35/100
6th	Cityzenith 2009, Chicago (United States), Series A	Developer of a digital twin platform for construction industries	$11M	Sequoia Capital, PPE CAPITAL & 6 others	35/100
7th	Axilion 2009, Haifa (Israel), Unfunded	Provider of software solutions for traffic signal design and management	-	-	34/100
8th	Cityware 2018, Cologne (Germany), Unfunded	Developer of a solution to create a digital twin of smart cities	-	-	33/100
9th	Waste Labs 2020, Singapore (Singapore), Seed	Provider of SaaS and AI-driven platform for waste collection management	$500K	Entrepreneur First, Plug and Play APAC & 1 others	32/100
10th	Place Intelligence 2021, Melbourne (Australia), Unfunded	Artificial intelligence based platform offering predictive analytics solutions	-	-	32/100