Verdagy

Moss Landing, United States Founded: 2021 • Age: 5 yrs
Electrolyzers for hydrogen production are supplied by Verdagy.
Annual revenue - Latest available
Total funding $98.0M 3 rounds
Employees 42 Tracked headcount
Investors 18 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Verdagy

Verdagy is a company based in Moss Landing (United States) founded in 2021 by Ryan Gilliam. Verdagy has raised $98 million across 3 funding rounds from investors including Shell, Galp and Khosla Ventures. The company has 42 employees as of December 31, 2023. Verdagy offers products and services including Dynamic Electrolyzers and Clean Hydrogen Plant. Verdagy operates in a competitive market with competitors including Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.

  • Headquarter Moss Landing, United States
  • Employees 42 as on 31 Dec, 2023
  • Founders Ryan Gilliam
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Verdagy, Inc.
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $98 M (USD)

    in 3 rounds

  • Latest Funding Round
    $39.6 M (USD), Grant

    Mar 14, 2024

  • Investors
    Shell

    & 17 more

  • Employee Count
    42

    as on Dec 31, 2023

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Products & Services of Verdagy

Verdagy offers a comprehensive portfolio of products and services, including Dynamic Electrolyzers and Clean Hydrogen Plant.

Product name locked
Category locked
Primary

Systems for real-time renewable energy matching and low-cost hydrogen generation.

Product name locked
Category locked
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Design for large-scale hydrogen production in industrial settings.

People of Verdagy

Headcount 10-50
Employee Profiles 25
Board Members and Advisors 2
Employee Profiles
People
Shizhao Su
Director Of Electrolyzer Research
People
Nicholas Arcelona
Engineering Manager, Design And DFM
People
Pooja Gaonkar
Senior Global Supply Chain Manager
People
Rahul Bammi
President

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Board Members and Advisors
people
Rajesh Swaminathan
Director
people
Ryan Gilliam
Founder & Director

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Funding Insights of Verdagy

Verdagy has successfully raised a total of $98M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $39.6 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Verdagy

Verdagy has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Shell, Galp and Khosla Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
An investment platform is provided for diverse sectors and geographies.
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Venture capital firm backed by Shell
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Bidra is focused on investing in innovative startup companies.
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Investor details for Verdagy

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Investments & Acquisitions by Verdagy

Investments
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Investment portfolio details for Verdagy

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Financial Statements - Verdagy

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Detailed financials for Verdagy

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Verdagy Comparisons

Verdagy Primary company
Description
Electrolyzers for hydrogen production are supplied by Verdag...
Location
Moss Landing, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
42
As of 2023
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Peer comparison for Verdagy

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Competitors of Verdagy

Verdagy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nel Hydrogen, Orsted, Lhyfe, Sunfire and H3 Dynamics, among others.

Company Name Domain Founded year HQ Location Description
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Provider of hydrogen production and storage solutions
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Power generation via bioenergy, thermal, and wind sources is offered.
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Producer and supplier of green hydrogen
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Pressurized alkaline and solid oxide electrolysis products are manufactured.
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Aerial inspection services are delivered using automated drones.
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Solutions for hydrogen generation via electrolysis are provided.
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Detailed competitors of Verdagy

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Latest news on Verdagy

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Complete news archive for Verdagy

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Frequently Asked Questions about Verdagy

Verdagy was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Verdagy is headquartered in Moss Landing, United States. It is registered at Moss Landing, California, United States.

Marty Neese is the current CEO of Verdagy.

Verdagy is a funded company, having raised a total of $98M across 3 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Verdagy is 42.

Verdagy was founded in 2021 and is headquartered in Moss Landing, United States. Electrolyzers designed for hydrogen production are provided by the company within the clean energy sector. Operations focus on developing and delivering technology for scalable hydrogen generation. Key personnel include founder Ryan Gilliam and CEO Marty Neese. The companys domain, verdagy.com, supports its activities in this field.

Verdagy's top competitors include Lhyfe, Nel Hydrogen and Orsted.

Verdagy offers Dynamic Electrolyzers and Clean Hydrogen Plant.

Verdagy has 18 investors. Key investors include Shell, Galp, Khosla Ventures, BlueScope, and BHP.

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