About Verdigris
Verdigris offers energy management solutions for sectors like commercial real estate and data centers by using advanced sensors and AI algorithms to monitor energy consumption at a detailed level. Their system helps businesses identify equipment issues early, receive alerts for unusual energy usage, and optimize HVAC controls to reduce costs while maintaining comfort. Unlike competitors, Verdigris combines hardware sales of energy meters with software subscriptions for analytics, creating a dual revenue stream. The company's goal is to help clients achieve significant energy savings and improve operational efficiency.
Mountain View, CaliforniaHeadquarters
2012Year Founded
$47.1MTotal Funding
EARLY_VCCompany Stage
Energy, AI & Machine LearningIndustries
51-200Employees
Risks
Emerging startups in AI-driven energy management could erode Verdigris' market share.
Rapid technological advancements may render Verdigris' solutions obsolete if not updated.
Potential cybersecurity vulnerabilities in IoT devices could affect client trust and compliance.
Differentiation
Verdigris offers real-time energy monitoring with AI-driven insights for commercial buildings.
Their Building.AI platform provides detailed, circuit-level data on energy consumption.
Verdigris' Adaptive Automation feature optimizes HVAC controls for energy efficiency.
Upsides
Verdigris raised $10M to accelerate AI-powered platform adoption in carbon-intensive enterprises.
The smart building technologies market is projected to reach $121.6 billion by 2026.
Partnership with Leap enhances Verdigris' virtual power plant capabilities and grid flexibility.
Funding
Total raised$47.11 M
Latest valuation$50.00 M
StageEARLY_VC
EARLY VC
7/31/2023$10
$50.00 MSERIES A
12/31/2017$5
$33.50 MGRANT
3/31/2013N/A
SEED
12/31/2012$2
$9.50 M