Verdigris
2024 Revenue
$10.4M(Est.)
Customers
300
Funding
$44M
Avg ACV
$34.8K
Team
55
Founded
2011
Verdigris Revenue & Funding (2024)
Verdigris generated an estimated $10.4M in annual revenue in 2024. Source: GetLatka estimate
Verdigris is a connected artificial intelligence and IoT platform. It makes buildings smarter, helping them reduce energy consumption and costs
Last updated
Verdigris Revenue
In 2024, Verdigris's revenue reached $10.4M. The company previously reported $6.2M in 2023. Since its launch in 2011, Verdigris has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Verdigris Hit $10.4m revenue in October 2024 | Estimated |
| 2023 | Verdigris Hit $6.2m revenue in December 2023 | Estimated |
| 2017 | Verdigris Hit $3.1m revenue in June 2017 | Not recorded |
| 2011 | Launched with $0 revenue |
Verdigris Valuation, Funding Rounds
Verdigris has not publicly disclosed its valuation. The company has raised $44M in total funding to date.
Verdigris has raised $44M in total funding across 10 rounds, most recently a $10M Venture round in 2023.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2023 | Venture | $10M | - | - | Not recorded |
| 2020 | None | $6.7M | - | - | Not recorded |
| 2020 | None | $7.1M | - | - | Not recorded |
| 2017 | None | $4.8M | - | - | Not recorded |
| 2016 | None | $6.7M | - | - | Not recorded |
| 2016 | None | $800K | - | - | Not recorded |
| 2014 | None | $7.7M | - | - | Not recorded |
| 2013 | None | $100K | - | - | Not recorded |
| 2013 | None | $100K | - | - | Not recorded |
| 2012 | None | $20K | - | - | Not recorded |
Founder / CEO
Mark Chung
CEO
Mark Chung, Chief Executive Officer Mark is the CEO, cofounder of Verdigris. Previously he was a principal engineer at AMD, Pasemi, and NetLogic. He is an advisor to a few startups, graduated in EE from Stanford, and is addicted to self-help books.
Q&A
| Question | Answer |
|---|---|
| What's your age? | 43 |
Customers
Verdigris serves 300 customers.
Verdigris Employees & Team Size
Verdigris employs approximately 55 people as of 2026, up from 52 in 2023, including 1 sales reps that carry a quota. It serves 300 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 55 employees (December 2024) | Not recorded |
| 2024 | Reached 51 employees (October 2024) | Not recorded |
| 2023 | Reached 52 employees (December 2023) | Not recorded |
| 2022 | Reached 54 employees (December 2022) | Not recorded |
| 2021 | Reached 68 employees (December 2021) | Not recorded |
| 2019 | Reached 42 employees (December 2019) | Not recorded |
| 2018 | Reached 44 employees (December 2018) | Not recorded |
| 2017 | Reached 30 employees (June 2017) | Not recorded |
Frequently Asked Questions about Verdigris
What is Verdigris's revenue?
As of 2024, Verdigris generated an estimated $10.4M in annual revenue.
Who founded Verdigris?
Verdigris was founded by Mark Chung.
Who is the CEO of Verdigris?
The CEO of Verdigris is Mark Chung.
How much funding does Verdigris have?
Verdigris raised $44M across 10 rounds.
How many employees does Verdigris have?
As of 2024, Verdigris had 55 employees.
Where is Verdigris headquartered?
Verdigris is headquartered in Moffett Field, California, United States.
Compare Verdigris to the industry
Verdigris operates across multiple industries. Browse revenue, funding, and growth data for Verdigris in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Syniac
Syniac is a cloud infrastructure platform that provides developers and businesses with on-demand...
LeanDNA
LeanDNA is a company that provides supply chain analytics software and inventory optimization...
Idomoo
Developer a personalized video as a Service (PVaaS) platform designed to deliver effective customer...
Stack
Stack is an end-to-end SaaS-based solution that scales mobile app business growth and drives...
Nest Wealth
Developer of a wealth management platform designed to help people manage investment portfolio. The...
Ecologi
We’re on a mission to inspire and empower businesses to accelerate global action on climate. Our...
