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INTERNET | Internet Software & Services / Application & Data Integration
vergesense.com

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Founded Year

2017

Stage

Series C | Alive

Total Raised

$82.62M

Last Raised

$60M | 22 days ago

Mosaic Score

+120 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About VergeSense

VergeSense is a provider of an AI-Powered sensor-as-a-service platform for commercial real estate. The platform creates an information layer within properties to provide real estate investors, property managers, and workplace tenants with increased asset value and a productive workplace. Its sensors can be installed in minutes, and the platform gives insights and AI-powered recommendations to building managers through a dashboard. The more data the sensor-as-a-service collects, the smarter it gets, and sensors learn to detect new types of events on the go from software updates.

VergeSense Headquarter Location

724 Brannan Street

San Francisco, California, 94103,

United States

617-618-5006

Latest VergeSense News

VergeSense Raises $60 Million in Series C to Accelerate Development and Innovation in Workplace Analytics

Nov 23, 2021

Proptech Company Accelerates Growth, Leadership in Workplace Transformation VergeSense , the leader in AI-powered workplace analytics, announced it has raised $60 million in Series C funding, led by Scale Venture Partners with participation from DivcoWest and existing investors Tola Capital, JLL Spark, MetaProp, Allegion Ventures and Bolt. This investment will help the company accelerate platform innovation and growth as the market increasingly requires data and insights to drive necessary workplace transformation. In addition, Rory O’Driscoll, a Partner at Scale Venture Partners, will join the company’s board of advisors. With 74% of enterprise companies returning to the office adopting a hybrid work model, business leaders are looking for new ways to maximize office space investments that foster employee productivity, culture and collaboration. Driven by this market need, VergeSense will use the funding to further invest in its spatial data capabilities, platform development and application ecosystem to be the transformational partner enterprises need. VergeSense’s customers represent over 40 million square feet across 29 countries and include 26 of the Fortune 500. The company continues on a growth trajectory, experiencing a 400% increase in annual recurring revenue (ARR) from Q2 2020 to Q2 2021 – over half of which stems from customer expansion. VergeSense partners with the leading workplace technologies and plans to expand its strategic partnerships. The company also is on track to double its headcount by the end of 2022. Rory O’Driscoll , partner, Scale Venture Partners, said: “The workplace has been irreversibly transformed in the last 18 months and the market needs a leader who provides a data-driven approach to help companies navigate these rapid changes. We believe that VergeSense is this leader. VergeSense’s comprehensive solution provides enterprise workplace executives with AI-powered insight beyond what the eye can see and their top decile growth rate is evidence that the market is responding.”

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Research containing VergeSense

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned VergeSense in 3 CB Insights research briefs, most recently on Jul 23, 2020.

Expert Collections containing VergeSense

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

VergeSense is included in 3 Expert Collections, including Real Estate Tech.

R

Real Estate Tech

2,193 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, sm

S

Smart Cities

250 items

A

Artificial Intelligence

7,904 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

VergeSense Patents

VergeSense has filed 12 patents.

The 3 most popular patent topics include:

  • Sensors
  • Gas sensors
  • Job scheduling
patents chart

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3/24/2020

6/22/2021

Sensors, Qualitative research, GPS navigation devices, Cooking utensils, Job scheduling

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6/22/2021

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Related Topics

Sensors, Qualitative research, GPS navigation devices, Cooking utensils, Job scheduling

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Status

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VergeSense Web Traffic

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Page Views per User (PVPU)
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