Verses - About the company
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 99 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/
Key Metrics
Founded Year
2018
Location
Los Angeles, United States
Stage
Public
Latest Funding Round
Ranked
2nd among 99 active competitors
Employee Count
49 as on May 27, 2025
Exit Details
Public
Verses's IPO details
Verses got listed on Jun 28, 2022.
Click here to take a look at Verses's IPO in detail
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Verses's funding and investors
Verses has raised funding over 13 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 | 9808554 | Post IPO | 1507348 | 9387454 | 3164645 | 2032069 |
Dec 09, 2024 | 3699117 | Post IPO | 4673295 | 5045373 | 6016146 | 2538164 |
Sep 26, 2024 | 6493151 | Post IPO | 5706831 | 9070717 | 4126389 | 7289891 |
View details of Verses's funding rounds and investors
Verses' founders and board of directors
Founder? Claim ProfileThe 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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Verses's Competitors and alternates
Top competitors of Verses include Firmus, Immense and Gaist Holdings. Here is the list of Top 10 competitors of Verses, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of AI and cloud-based solutions for analyzing construction designs | $150K | 58/100 | ||
2nd | Verses 2018, Los Angeles (United States), Public | Provider of AI-integrated digital twins for data distribution | - | 57/100 | |
3rd | Immense 2016, London (United Kingdom), Series A | Provides a platform for transportation simulation and intelligence | $4.6M | 48/100 | |
4th | Gaist Holdings 2012, Lancaster (United Kingdom), Series A | Road inspection data and digital twin provider | $6.48M | 47/100 | |
5th | Syslor 2017, Esch sur Alzette (Luxembourg), Seed | Provider of an AR-based solution to visualize underground public infrastructure | $1.18M | 46/100 | |
6th | Cityzenith 2009, Chicago (United States), Series A | Developer of a digital twin platform for construction industries | $11M | 35/100 | |
7th | Varadise Ai 2018, Hong Kong (China), Series A | Provider of AI-powered digital twin solutions for construction site management | $3M | 35/100 | |
8th | Provider of software solutions for traffic signal design and management | - | - | 34/100 | |
9th | Place Intelligence 2021, Melbourne (Australia), Unfunded | Artificial intelligence based platform offering predictive analytics solutions | - | - | 34/100 |
10th | Developer of a solution to create a digital twin of smart cities | - | - | 34/100 |
Looking for more details on Verses's competitors? Click here to see the top ones
Verses's Investments and acquisitions
Verses has made no investments or acquisitions yet.
Reports related to Verses
Here is the latest report on Verses's sector:
News related to Verses
Media has covered Verses for a total of 12 events in the last 1 year, 6 of them have been about company updates and 1 about partnerships.
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VERSES AI Licenses Technology to Prodigii AIFinancial Post•Apr 27, 2026•Verses, Prodigii, prodigii.ai
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VERSES Expands Commercial Relationship with Major Global Investment FirmGlobeNewswire•Apr 21, 2026•Verses
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VERSES® Announces Closing of Second Tranche of Private Placement OfferingGlobeNewswire•Mar 27, 2026•Verses
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VERSES® Announces Closing of Private Placement Offering of UnitsBusiness Insider•Mar 16, 2026•Verses
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VERSES Announces Filing of Quarterly Report on Form 10-Q for the Three and Nine-Months Ended December 31, 2025Financial Post•Feb 21, 2026•Verses
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VERSES Closes CAD$2.65 Million Convertible Debenture Unit FinancingGlobeNewswire•Dec 19, 2025•Verses
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VERSES® Secures CAD$14 Million Financing, Receives First Tranche of CAD$700,000GlobeNewswire•Nov 13, 2025•Verses, Sorbie Bornholm, Sorbie Bornholm
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