About Verdigris
Verdigris is a Technology company based in Mountain View (United States) founded in 2011 by Mark Chung, Jonathan Chu, and Thomas Chung. It operates in the Technology, Business Services, and Energy & Utilities sectors. Verdigris has raised $41.76 million across 16 funding rounds from investors including Verizon, Jabil and Solea Energy. The company has 27 employees. Its chief executive, as recorded, is Mark Chung. Verdigris offers products and services including EV2 Power Meters, EV2 Pro Power Quality Meters, Analytics Software, and IoT Device Management. Its focus areas include Energy Tech, Smart Grid, Utility Management and Customer Engagement. Its legal entity is Verdigris Technologies, Inc. Its competitors include Particle, Span.IO and PowerSecure; 2 of its 3 listed competitors have raised funding.
Company details
AI and SaaS-driven energy analytics platform for the management of facilities and commercial buildings. The cloud-based solution allows users to optimize operations, facility uptime, and manage energy costs. Its wireless sensors enable real-time identification, disaggregation, and analysis of the loads in buildings, providing insights into behavior and usage. It also provides an IoT Energy Meter that helps to track energy consumption with its smart sensors.
- Headquarters Mountain View, United States
- Employees 27
- Founders Mark Chung, Jonathan Chu, Thomas Chung
- SectorsTechnologyBusiness Services Energy & Utilities Real Estate & Construction
- Website verdigris.co
- Social LinkedIn X Facebook
- Legal Name Verdigris Technologies, Inc.
- Total Equity Funding$41.76M (USD)
in 16 rounds
- InvestorsVerizon
& 6 more
- Employee Count27
Products & Services of Verdigris
Verdigris offers a comprehensive portfolio of products and services, including EV2 Power Meters, EV2 Pro Power Quality Meters, Analytics Software, and IoT Device Management.
Devices for real-time energy tracking in industrial settings.
Tools for monitoring and analyzing electrical quality in facilities.
Platform for optimizing energy efficiency and cost savings.
System for managing and deploying IoT devices in buildings.
Funding Insights of Verdigris
Verdigris has successfully raised a total of $41.76M across 16 strategic funding rounds. 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 $41.76M
- Total Rounds 16
- First Round $362,000
(Nov 2011)
- Investors Count 7
Latest 10 of 16 funding rounds of Verdigris with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | Series B | – | – | ||
| Aug 2023 | $10M | Series B | – | DCVC, Solea Energy | – |
| Dec 2021 | $1.09M | Series B | – | – | – |
| Jan 2021 | $7.14M | Series B | – | – | – |
| Apr 2020 | $6.69M | Debt – Conventional | – | – | – |
| Jan 2018 | $4.75M | Debt – Conventional | – | – | – |
| Oct 2016 | $6.7M | Series A | – | Jabil | |
| Apr 2016 | $800,000 | Debt – Conventional | – | – | – |
| Mar 2016 | $9M | Series A | – | – | |
| Sep 2014 | $7.73M | Series A | – | – | – |
7 investors in total: 7 institutional.
Investors in Verdigris
Verdigris has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Verizon, Jabil and Solea Energy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | dcvc.com | Palo Alto, United States | ||
Startups are accelerated by Stanford-backed program in Palo Alto. | startx.com | Palo Alto, United States | ||
Yope is focused on empowering university-born founders through funding. | founder.org | |||
Manufacturing solutions, design capabilities, and supply chain services are provided. | 1966 | jabil.com | St. Petersburg, United States | |
Mobile and internet services are provided to homes and businesses. | 1983 | verizon.com | New York, United States | |
| southwire.com | ||||
Energy services are offered from Overland Park, United States. | 2014 | soleaenergy.com | Overland Park, United States |
Investor details for Verdigris
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Verdigris
22 people are tracked at Verdigris (8 in leadership, 14 in team); the tracked headcount is 27.
| Name | Role | Group |
|---|---|---|
Mark Chung | Co-Founder & CEO | Leadership |
Jonathan Chu | Co-Founder & CTO | Leadership |
Thomas Chung | Co-Founder & Product Manager | Leadership |
Hong-Bin Tsai | General Manager, Asia | Leadership |
Jamie Young | Business Operations Director | Leadership |
Leigh Martin | Marketing Director | Leadership |
Leigh Winter Martin | Head Of Sales & Marketing | Leadership |
Prashanth Shetty | Head Of Customer Success | Leadership |
Mike Mahedy | Enterprise Solutions Advisor | Team |
Daniel Yu | Software Backend Engineer | Team |
Myqe Baril | Visual Designer | Team |
Dylan Gregersen | Senior Engineering Manager | Team |
Daniela Li | Visual Designer | Team |
Andrew Jo | Fullstack Engineer | Team |
Jerry Chen | Lead Hardware Engineer | Team |
Jessica Hsiang | Full Stack Engineer | Team |
Seren Coşkun | Growth Team Manager, Scrum Owner | Team |
Bradley C. Brown | Enterprise Sales Executive | Team |
Justin Loidolt | Sr Enterprise Account Manager | Team |
Chaitanya Sharma | Technical Advisor | Team |
2 more people are available in the full profile.
Complete people profiles for Verdigris
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Verdigris
3 dated milestones of Verdigris across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Verdigris is founded.
- Funding First funding round of $362K.
- Funding Latest funding round, Series B,.
Competitors of Verdigris
Verdigris has 3 listed competitors in our database, 2 of them funded. They include Particle, Span.IO and PowerSecure.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| span.io | 2014 | San Francisco, United States | $255.56M | Smart panels for home energy management are provided by Span.IO. | ||
| powersecure.com | 1991 | Wake Forest, United States | 1,030 | Energy efficiency and smart grid management solutions |
Detailed competitors of Verdigris
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Verdigris
The website of Verdigris (verdigris.co) receives about 7.1K visits a month.
- Monthly visits7.1K
▲ 17.5% vs previous month
Websites whose visitors overlap most with Verdigris. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| daintree.net | 100% | View details | |||
revealbi.io | revealbi.io | 79% | #616,105 | – | |
gist.github.com | gist.github.com | 60% | – | ||
| google.com | 60% | 85.8B | #1 | View details | |
| instagram.com | 60% | 7.1B | #4 | View details |
Top companies in Industrial IoT & Smart Manufacturing
3 companies that operate in the same segment as Verdigris (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 |
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Related news about Verdigris
Complete news archive for Verdigris
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Frequently Asked Questions about Verdigris
Verdigris was founded in 2011.
Verdigris is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Mark Chung is the CEO of Verdigris, as recorded in our data. They have also founded this company.
Verdigris is a funded company, having raised a total of $41.76M across 16 funding rounds to date. The company's 1st funding round was a Series A of $7.73M, raised on Nov 2011.
Verdigris has 27 employees.
AI and SaaS-driven energy analytics platform for the management of facilities and commercial buildings. The cloud-based solution allows users to optimize operations, facility uptime, and manage energy costs. Its wireless sensors enable real-time identification, disaggregation, and analysis of the loads in buildings, providing insights into behavior and usage. It also provides an IoT Energy Meter that helps to track energy consumption with its smart sensors.
Verdigris's top competitors include Particle, Span.IO and PowerSecure.
Verdigris offers EV2 Power Meters, EV2 Pro Power Quality Meters, Analytics Software, and IoT Device Management.
Verdigris has 7 investors. Key investors include Verizon, Jabil, Solea Energy, DCVC, and StartX.
Verdigris operates through Verdigris Technologies, Inc..