About VergeSense
VergeSense is a company based in San Francisco (United States) founded in 2017 by Kelby Green and Dan Ryan.. VergeSense has raised $82.62 million across 5 funding rounds from investors including Allegion, DivcoWest and Scale Venture Partners. VergeSense offers products and services including Area Sensor, Entryway Sensor, Space Booking Platform, Workplace Assistant, and Analytics Platform. VergeSense operates in a competitive market with competitors including OfficeSpace Software, Locatee, Relogix, Maptician and Gospace, among others.
- Headquarter San Francisco, United States
- Founders Kelby Green, Dan Ryan
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Sectors
Business ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Vergesense Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$82.62 M (USD)
in 5 rounds
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Latest Funding Round
$60 M (USD), Series C
Nov 08, 2021
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Investors
Allegion
& 9 more
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Employee Count
Employee Count
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Products & Services of VergeSense
VergeSense offers a comprehensive portfolio of products and services, including Area Sensor, Entryway Sensor, Space Booking Platform, Workplace Assistant, and Analytics Platform. 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.
Device for monitoring office space occupancy and utilization data.
Sensor that tracks entry and exit for workplace analytics.
Platform for reserving and managing workplace spaces efficiently.
AI tool providing insights on occupancy trends and recommendations.
System for analyzing real-time and historical occupancy data.
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Funding Insights of VergeSense
VergeSense has successfully raised a total of $82.62M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in November 2021. 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 5
- Last Round Series C — $60.0M
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First Round
First Round
(01 Jun 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series C - VergeSense | Valuation | Scale Venture Partners | |
| Dec, 2020 | Amount | Series B - VergeSense | Valuation | Tola Capital | |
| May, 2020 | Amount | Series A - VergeSense | Valuation | Allegion |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in VergeSense
VergeSense has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Allegion, DivcoWest and Scale Venture 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 |
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Early-stage venture capital investments are focused on US companies.
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Early & Growth stage Tech-focused venture capital firm funding companies in the US, Canada & Europe
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Founded Year | Domain | Location | |
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Seed and Early-stage VC firm investing in Brazil, Europe and the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by VergeSense
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - VergeSense
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vergesense Comparisons
Competitors of VergeSense
VergeSense 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 OfficeSpace Software, Locatee, Relogix, Maptician and Gospace, 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 |
Saas-enabled platform offering office space management services
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| domain | founded_year | HQ Location |
Cloud-based space management for commercial environments is facilitated.
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| domain | founded_year | HQ Location |
Cloud-based workspace intelligence solution for real estate professionals
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| domain | founded_year | HQ Location |
Cloud-based space management software for offices
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| domain | founded_year | HQ Location |
AI-driven solutions for real-time space allocation and optimization are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vergesense
Frequently Asked Questions about VergeSense
When was VergeSense founded?
VergeSense was founded in 2017.
Where is VergeSense located?
VergeSense is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of VergeSense?
Dan Ryan is the current CEO of VergeSense. They have also founded this company.
Is VergeSense a funded company?
VergeSense is a funded company, having raised a total of $82.62M across 5 funding rounds to date. The company's 1st funding round was a Series A of $9M, raised on Jun 01, 2017.
What does VergeSense do?
Founded in 2017 and based in San Francisco, United States, VergeSense operates in the IoT and AI sector for building management. Hardware sensors are installed in office buildings to monitor occupancy, desk usage, and occupant behaviors, with data transmitted to a cloud-based platform. Analytics services enable dynamic desk and room assignments, along with recommendations for office layouts and predictive maintenance schedules.
Who are the top competitors of VergeSense?
VergeSense's top competitors include OfficeSpace Software, Maptician and Gospace.
What products or services does VergeSense offer?
VergeSense offers Area Sensor, Entryway Sensor, Space Booking Platform, Workplace Assistant, and Analytics Platform.
Who are VergeSense's investors?
VergeSense has 10 investors. Key investors include Allegion, DivcoWest, Scale Venture Partners, MetaProp, and Tola Capital.
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