Verdant
About Verdant
Verdant is a company founded in 2008 was acquired by Emerson in March 2020. It operates as a Product-as-a-Service, and Direct-to-Consumer (D2C). Verdant offers products and services including Verdant Smart Thermostats, Verdant Thermostat Manager App, and Verdant Plus Services. Verdant operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Eneco, among others.
-
Sectors
Business ServicesEnergy & Utilities Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Copeland Lp
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Verdant
Verdant offers a comprehensive portfolio of products and services, including Verdant Smart Thermostats, Verdant Thermostat Manager App, and Verdant Plus Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Smart thermostats are designed for efficient energy control.
App is provided for managing HVAC energy usage.
Services are offered for enhanced energy management solutions.
Funding Insights of Verdant
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $6.0M
-
First Round
First Round
(10 Jan 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Debt – Conventional - Verdant | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Verdant
Verdant has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Emerson, BDC and Fulcrum Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Fulcrum Capital Partners is focused on Canadian private equity investments.
|
Founded Year | Domain | Location | |
|
Commercial banking services for small and medium-sized enterprises are provided.
|
Founded Year | Domain | Location | |
|
Automation and engineering services are provided for multiple industries.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Verdant
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Verdant
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Verdant Comparisons
Competitors of Verdant
Verdant 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 Particle, ecobee, Signify, Landis+Gyr and Eneco, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
|
|
| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
|
|
| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
|
|
| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
|
|
| domain | founded_year | HQ Location |
Producer and supplier of natural gas, electricity, and heat
|
|
| domain | founded_year | HQ Location |
Automotive lighting equipment is manufactured by Osram in Germany.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Verdant
Frequently Asked Questions about Verdant
When was Verdant founded?
Verdant was founded in 2008 and raised its 1st funding round 11 years after it was founded.
Who is the current CEO of Verdant?
Alain Belanger is the current CEO of Verdant.
What does Verdant do?
Verdant is established as a leader in commercial energy management solutions. Smart thermostats and software are developed to optimize HVAC systems, reducing energy consumption in unoccupied spaces. Solutions are tailored for industries such as hospitality, multifamily buildings, student housing, and senior living. Compatibility with major HVAC systems is ensured, supporting sustainability efforts with actionable data insights. Services and products are designed for both retrofit and new construction projects, delivering significant cost savings.
Who are the top competitors of Verdant?
Verdant's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Verdant offer?
Verdant offers Verdant Smart Thermostats, Verdant Thermostat Manager App, and Verdant Plus Services.
Who are Verdant's investors?
Verdant has 3 investors. Key investors include Emerson, BDC, and Fulcrum Capital Partners.