About Verdeeco
Verdeeco is a company based in Atlanta (United States) founded in 2009 was acquired by Sensus in April 2014.. Verdeeco has raised $1.51 million across 2 funding rounds from investors including Sensus, Atlanta Technology Angels and Auburn Angel Network.
- Headquarter Atlanta, United States
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
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
Funding Insights of Verdeeco
Verdeeco has successfully raised a total of $1.51M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $714.21 thousand completed in November 2012. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $714,205
-
First Round
First Round
(14 Jul 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2012 | Amount | Series A - Verdeeco | Valuation |
investors |
|
| Jul, 2011 | Amount | Series A - Verdeeco | 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 Verdeeco
Verdeeco has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sensus, Atlanta Technology Angels and Auburn Angel Network. 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 |
|---|---|---|---|---|
|
Angel investments are provided across Atlanta and Georgia.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Smart meters, networks, and software are supplied for utilities.
|
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 Verdeeco
| 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 - Verdeeco
| 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 |
Verdeeco Comparisons
Competitors of Verdeeco
| 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.
|
Frequently Asked Questions about Verdeeco
When was Verdeeco founded?
Verdeeco was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Verdeeco located?
Verdeeco is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Verdeeco a funded company?
Verdeeco is a funded company, having raised a total of $1.51M across 2 funding rounds to date. The company's 1st funding round was a Series A of $800K, raised on Jul 14, 2011.
What does Verdeeco do?
Founded in 2009 in Atlanta, United States, Verdeeco was acquired by Sensus and operates in the utilities sector. A cloud-based platform is offered to support smart grid deployment for electric, gas, and water utilities. Grid-as-a-Service is provided as a build-and-transfer solution that aggregates and analyzes utility data facets. Additionally, GridDNA is utilized as an engine to capture information from disparate sources and incorporate external data.
Who are Verdeeco's investors?
Verdeeco has 3 investors. Key investors include Sensus, Atlanta Technology Angels, and Auburn Angel Network.