Verdigris is a Big Data and Energy focused startup that aims to revolutionize energy management in data centers and logistics hubs. Founded in 2011 and headquartered in the United States, it has recently secured a $10.00M investment in a Venture Round led by DCVC and Solea Energy on 16 August 2023. The company addresses the pressing issue of electricity wastage, which accounts for a third of the energy used in these facilities, resulting in massive financial loss and around 250 million metric tons of CO2 emissions annually in the U.S. alone due to outdated energy management tools. Verdigris provides advanced sensor technology for easy installation in buildings' electrical panels, capturing detailed energy data down to the circuit level. Their proprietary AI algorithms analyze this data, offering actionable insights to enhance efficiency and reliability. What sets Verdigris apart is its adaptive automation, enabling effortless control adjustments to save money effectively. With a global footprint spanning 17 countries, the startup is helping Fortune 500 enterprise companies achieve sustainability and energy goals. Verdigris presents an intelligent solution for companies to reduce energy costs and minimize their carbon footprint, making it an attractive investment opportunity in the rapidly evolving Big Data, Energy, and SaaS industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $10.00M | 2 | Solea Energy | 16 Aug 2023 |
Venture Round | Unknown | 1 | 01 Oct 2020 | |
Debt Financing | $6.69M | - | 09 Apr 2020 | |
Non Equity Assistance | Unknown | 1 | 10 Jan 2020 | |
Series A | $5.00M | 2 | Oyster Ventures | 31 Jan 2018 |
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