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Verdigris

Verdigris

Energy management solutions using AI and sensors

About

Verdigris provides energy management solutions for commercial real estate, data centers, hospitality, logistics, and manufacturing. By using advanced sensors and AI algorithms, it offers detailed data on energy consumption, helping businesses monitor and optimize their usage. Clients can detect equipment issues early, receive alerts for unusual energy usage, and adjust HVAC controls to save costs while maintaining comfort. Verdigris combines hardware sales with software subscriptions, aiming to reduce energy costs and improve operational efficiency for its clients.

Company Stage

Seed

Employees

11-50

Industries

Energy, AI & Machine Learning

Total Funding

$53M

Headquarters

N/A

Founded

2012


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Simplify's Take

What believers are saying

  • The recent $10M funding from DCVC and Solea Energy will accelerate the adoption of Verdigris' AI-powered energy management platform.
  • The introduction of the Verdigris Analytics Dashboard and the Verdigris Energy Network demonstrates the company's commitment to innovation and expanding its product offerings.
  • Recognition through multiple industry awards for innovation and sustainability enhances Verdigris' reputation and market credibility.

What critics are saying

  • The competitive landscape in energy management is intense, requiring Verdigris to continuously innovate to maintain its edge.
  • Integration of new leadership roles, such as the recent hiring of Charles Blaschke, may pose challenges in maintaining strategic alignment.

What makes Verdigris unique

  • Verdigris leverages advanced sensor technology and proprietary AI algorithms to provide detailed, circuit-level data on energy consumption, setting it apart from competitors who offer more generalized solutions.
  • The company's dual revenue model, combining hardware sales with software subscriptions, ensures a steady income stream and continuous client engagement.
  • Verdigris' Adaptive Automation feature, which learns usage patterns and adjusts HVAC controls, offers a unique value proposition in energy efficiency without compromising comfort.

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Growth & Insights
Headcount

6 month growth

11%

1 year growth

-15%

2 year growth

51%

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