About Versify
Versify is an Energy & Utilities company based in Chadds Ford (United States) founded in 2003 by David Ippolito, and was acquired by MCG Energy Solutions in April 2019. Compliance services are delivered to businesses in regulated sectors. It operates on a SaaS (Software-as-a-Service) model. Versify has raised $8.8 million across 7 funding rounds from investors including MCG Energy Solutions, SJF Ventures and Potomac Energy Fund. Its chief executive, as recorded, is Mark Rossi. Versify offers products and services including Outage Management System, ExecView Analytics, and Workforce Safety Management. Its focus areas include Technology, Software and Energy Management Software. Its legal entity is Versify Solutions Inc. Its competitors include Equilibrium Energy, Odyssey Energy Solutions and RadianGEN; 3 of its 3 listed competitors have raised funding.
Company details
Versify is established as a leading provider of Outage Management Systems (OMS) and related solutions for the energy and utility sector. Software-as-a-Service (SaaS) offerings are delivered through MCG Energys FedRAMP Authorized Private Cloud, focusing on advanced data analytics and workflow software. Solutions are designed to enhance operational and financial performance of generation and transmission assets. Additionally, Workforce, a comprehensive Environmental Health and Safety (EHS) management solution, is provided for various industries. Integration with MCG Energy Software Suite is supported, enabling end-to-end energy management solutions for clients.
- Headquarters Chadds Ford, United States
- Founders David Ippolito
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website versify.com
- Social LinkedIn X Facebook YouTube
- Acquired by MCG Energy Solutions (Apr 2019)
- Legal Name Versify Solutions Inc.
- Total Equity Funding$8.8M (USD)
in 7 rounds
- Latest Funding Round$1.1M (USD), Series B
Apr 2016
- InvestorsMCG Energy Solutions
& 2 more
- Acquired byMCG Energy Solutions
(Apr 2019)
Products & Services of Versify
Versify offers a comprehensive portfolio of products and services, including Outage Management System, ExecView Analytics, and Workforce Safety Management.
Software for managing generation and transmission outages effectively.
Analytics and dashboards for energy industry performance reporting.
Digital forms for environmental health and safety management.
Apps and channels of Versify
its YouTube channel Versify has 2 subscribers and 4 videos.
Videos from Versify
The most watched videos on Versify's YouTube channel, Versify (2 subscribers). Click a video to play it here.
More on Versify.
Funding Insights of Versify
Versify has successfully raised a total of $8.8M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $1.1 million completed in April 2016. 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 $8.8M
- Total Rounds 7
- Last Round Series B — $1.1M
- First Round $357,000
(Sep 2010)
- Investors Count 2
All 7 funding rounds of Versify 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 |
|---|---|---|---|---|---|
| Apr 2016 | $1.1M | Series B | – | – | – |
| Apr 2015 | $1.5M | Series B | – | – | – |
| Aug 2013 | Series B | – | SJF Ventures, Potomac Energy Fund | – | |
| Jul 2013 | $3.43M | Series B | – | – | – |
| Nov 2012 | $406,256 | Series A | – | – | – |
| Jun 2011 | $2M | Series A | – | – | – |
| Sep 2010 | $357,000 | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in Versify
Versify has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include MCG Energy Solutions, SJF Ventures and Potomac Energy Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Impact venture capital is invested in early-stage US companies. | sjfventures.com | Durham, United States | ||
| potomacenergyfund.com | ||||
Software solutions for power and gas companies are developed. | 2009 | mcgenergy.com | Minneapolis, United States |
Investor details for Versify
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Versify
4 people are tracked at Versify (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
David Ippolito | Co-Founder | Leadership |
Mark Rossi | Chairman & CEO | Leadership |
Sean Kelleher | Senior SQL Server Dba/developer | Team |
John Wells | Infrastructure Engineer | Team |
Complete people profiles for Versify
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Versify
4 dated milestones of Versify across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Versify is founded.
- Funding First funding round of $357K.
- Funding Latest funding round, Series B, of $1.1M.
- Exit Acquired by MCG Energy Solutions.
Competitors of Versify
Versify has 3 listed competitors in our database, 3 of them funded. They include Equilibrium Energy, Odyssey Energy Solutions and RadianGEN.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| equilibriumenergy.com | 2021 | San Francisco, United States | $132.5M | 105 | Software solutions for energy portfolio management are offered. | |
| odysseyenergysolutions.com | 2017 | Boulder, United States | $38.84M | 6 | End-to-end platform for distributed renewable energy finance is provided. | |
| radiangen.com | 2013 | Oakland, United States | $2M | 93 | Solar asset management services are provided for PV projects. |
Detailed competitors of Versify
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 Versify
The website of Versify (versify.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 4.2% vs previous month
Websites whose visitors overlap most with Versify. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| getventive.com | 100% | #8,569,006 | View details | ||
| powerfactors.com | 91% | 8.4K | #2,745,585 | View details | |
| utopusinsights.com | 91% | 2K | #7,813,320 | View details | |
force5.com | force5.com | 84% | #6,595,471 | – | |
| scottmadden.com | 84% | #1,278,303 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Versify
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Renewable Energy Platforms
3 companies that operate in the same segment as Versify (Renewable Energy Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Frequently Asked Questions about Versify
Versify was founded in 2003 and raised its 1st funding round 7 years after it was founded.
Versify is headquartered in Chadds Ford, United States. It is registered at Chadds Ford, Pennsylvania, United States.
Mark Rossi is the CEO of Versify, as recorded in our data.
Versify is a funded company, having raised a total of $8.8M across 7 funding rounds to date. The company's 1st funding round was a Seed of $357K, raised on Sep 2010.
Versify is established as a leading provider of Outage Management Systems (OMS) and related solutions for the energy and utility sector. Software-as-a-Service (SaaS) offerings are delivered through MCG Energys FedRAMP Authorized Private Cloud, focusing on advanced data analytics and workflow software. Solutions are designed to enhance operational and financial performance of generation and transmission assets. Additionally, Workforce, a comprehensive Environmental Health and Safety (EHS) management solution, is provided for various industries. Integration with MCG Energy Software Suite is supported, enabling end-to-end energy management solutions for clients.
Versify's top competitors include Equilibrium Energy, Odyssey Energy Solutions and RadianGEN.
Versify offers Outage Management System, ExecView Analytics, and Workforce Safety Management.
Versify has 3 investors. Key investors include MCG Energy Solutions, SJF Ventures, and Potomac Energy Fund.
Versify operates through Versify Solutions Inc..
Yes. Versify was acquired by MCG Energy Solutions in April 2019.