What is Verdigris Technologies?
Verdigris Technologies offers a sophisticated energy intelligence platform designed to optimize power systems in buildings and data centers. By integrating high-resolution electrical sensing with advanced cloud software, the company detects anomalies, validates data, and enhances operational efficiency. Its core offerings include circuit-level monitoring, observability, and orchestration, supported by API access to bolster reliability, efficiency, and automation within critical infrastructure. The company's focus on granular electrical data positions it as a key player in the smart building and data center management sectors, addressing the growing demand for energy optimization and predictive maintenance.
How much funding has Verdigris Technologies raised?
Verdigris Technologies has raised a total of $35M across 7 funding rounds:
Private Equity
$7.7M
Multiple Rounds
$16.5M
Debt
$350K
Debt
$448K
Other Financing Round
$10M
Private Equity (2014): $7.7M, investors not publicly disclosed
Unspecified (2016): $9M led by Jabil Circuit, Data Collective, and Founder.org Capital
Debt (2016): $800K, investors not publicly disclosed
Private Equity (2016): $6.7M featuring Verizon Ventures and Jabil
Debt (2020): $350K backed by PPP
Debt (2021): $448K with participation from PPP
Other Financing Round (2023): $10M led by DCVC Management and Solea Energy
Key Investors in Verdigris Technologies
Verizon Ventures
Verizon Ventures is an investment arm focused on companies that align with Verizon's strategic interests in network, security, and communications services, particularly in areas like cloud computing and IoT solutions.
Jabil
Jabil is a global manufacturing solutions company that provides end-to-end services, from concept to production, for various industries including data centers and energy, indicating a strategic interest in the hardware and operational aspects of Verdigris's platform.
DCVC Management
DCVC Management is a deep tech venture capital firm that invests in companies leveraging artificial intelligence to solve significant problems, particularly in sectors like energy, suggesting a focus on Verdigris's advanced analytics and AI capabilities.
What's next for Verdigris Technologies?
With the recent influx of capital, Verdigris Technologies is poised for accelerated growth and innovation. The enterprise-level funding suggests a strategic phase focused on scaling operations, expanding market reach, and potentially developing new features for its energy intelligence platform. Investors like DCVC Management, known for their deep tech focus, and Jabil, a global manufacturing solutions provider, indicate a strategic alignment towards industrial IoT and advanced manufacturing applications. This backing will likely enable Verdigris to enhance its predictive analytics capabilities and further solidify its position in the competitive energy management market, driving greater efficiency and sustainability for its clients.
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