Verse

San Francisco, United States Founded: 2022 • Age: 4 yrs
A SaaS platform for renewable energy management is provided.
Annual revenue - Latest available
Total funding $26.2M 2 rounds
Employees 2 Tracked headcount
Investors 10 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Verse

Verse is a company based in San Francisco (United States) founded in 2022 by Seyed H Madaeni. Verse has raised $26.25 million across 2 funding rounds from investors including Google Ventures, Coatue and MCJ Collective. The company has 2 employees as of December 31, 2022. Verse offers products and services including Aria and Energy Optimization Tools. Verse operates in a competitive market with competitors including Unleash live, Prescinto, Digitised Energy, 50 Hertz and Green Power Labs, among others.

  • Headquarter San Francisco, United States
  • Employees 2 as on 31 Dec, 2022
  • Founders Seyed H Madaeni
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Verse Enterprises Inc
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $26.25 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20.5 M (USD), Series A

    May 08, 2024

  • Investors
  • Employee Count
    2

    as on Dec 31, 2022

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Products & Services of Verse

Verse offers a comprehensive portfolio of products and services, including Aria and Energy Optimization Tools.

Product name locked
Category locked
Primary

Software for analyzing and reducing energy costs and emissions.

Product name locked
Category locked
Locked

Platform for real-time energy data and forecasting decisions.

People of Verse

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Matt Penfold
Co-founder And CCO
People
Ashley Britts
Product Manager
People
Shehzad Wadalawala
Head Of Strategy
People
Tanner McAuley
Director Of Business Development

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Funding Insights of Verse

Verse has successfully raised a total of $26.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20.5 million completed in May 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 Verse

Verse has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Google Ventures, Coatue and MCJ Collective.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Corporate backed venture capital fund investing in multiple sectors
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Provider of an investment platform for various stages
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CIV is recognized as an investment firm supporting technology companies in critical industries.
Locked Locked Locked
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Investor details for Verse

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Verse

Investments
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Investment portfolio details for Verse

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Verse

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Detailed financials for Verse

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  • Profit trends
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  • Financial ratios

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Verse Comparisons

Verse Primary company
Description
A SaaS platform for renewable energy management is provided.
Location
San Francisco, United States
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2
As of 2022
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Peer comparison for Verse

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
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Competitors of Verse

Verse 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 Unleash live, Prescinto, Digitised Energy, 50 Hertz and Green Power Labs, among others.

Company Name Domain Founded year HQ Location Description
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AI based platform offering image and video analytics solutions
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Analytics software for renewable energy operations is provided by Prescinto.
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Provider of big data analytics for renewable energy
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50 Hertz delivers comprehensive software suites for scheduling and forecasting needs.
Locked Locked Locked
Predictive analytics are provided for solar energy applications.
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Detailed competitors of Verse

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Latest news on Verse

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Complete news archive for Verse

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  • Brand-specific news history

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Frequently Asked Questions about Verse

Verse was founded in 2022.

Verse is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Seyed H Madaeni is the current CEO of Verse. They have also founded this company.

Verse is a funded company, having raised a total of $26.25M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Verse is 2.

Verse was established in 2022 in San Francisco, United States. A SaaS-based platform focused on renewable energy management is offered by the company within the energy sector. Advanced data science is employed through this platform to assist companies in reducing energy costs. Operations are centered on software services that support energy efficiency for business users across the United States.

Verse's top competitors include Prescinto, Unleash live and Digitised Energy.

Verse offers Aria and Energy Optimization Tools.

Verse has 10 investors. Key investors include Google Ventures, Coatue, MCJ Collective, CIV, and Climate Capital.

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