Verdigrisrevenue & funding
AI & Machine Learning Operationalization (MLOps) SoftwareMoffett Field, CaliforniaFounded 2011CEO Mark Chung
Verdigris is a connected artificial intelligence and IoT platform. It makes buildings smarter, helping them reduce energy consumption and costs
- Customers
- 300
Verdigris revenue
Verdigris has not published its revenue. GetLatka estimates it at about $10.4M a year (October 2024).
| As of | Revenue | Source |
|---|---|---|
| Jun 2017 | $3.1M | – |
| Dec 2023 | $6.2MEST. | GetLatka estimate |
| Oct 2024 | $10.4MEST. | GetLatka estimate |
– source not recorded
Verdigris funding rounds & investors
Verdigris has raised $44.4M across 11 rounds since 2011. The latest was a $10M funding round in August 2023.
| Date | Round | Raised |
|---|---|---|
| Aug 2023 | Venture | $10M |
| Apr 2020 | Funding round | $6.7M |
| Mar 2020 | Funding round | $7.1M |
| Dec 2017 | Funding round | $4.8M |
| Sep 2016 | Funding round | $6.7M |
| Apr 2016 | Funding round | $800K |
| Aug 2014 | Funding round | $7.7M |
| Jun 2013 | Funding round | $100K |
| Mar 2013 | Funding round | $100K |
| May 2012 | Funding round | $20K |
| Sep 2011 | Funding round | $362K |
| Total raised | $44.4M |
Verdigris competitors
Verdigris competes most directly with Lucidchart.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Lucidchart | $210M | $170.5M | 1,209 | 130M | 2010 |
| Verdigris | $10.4M | $44.4M | 55 | 300 | 2011 |
Verdigris CEO, founders & employees
Mark Chung founded Verdigris in 2011 and runs it as CEO. Verdigris has 55 employees (December 2024, LinkedIn), up from 52 a year earlier.
- Mark ChungCo-founder & CEO
All 8 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 55 | |
| Oct 2024 | 51 | |
| Dec 2023 | 52 | |
| Dec 2022 | 54 | |
| Dec 2021 | 68 | |
| Dec 2019 | 42 | – |
| Dec 2018 | 44 | – |
| Jun 2017 | 30 | – |
Verdigris FAQ
How much money does Verdigris make?
Verdigris has not published its revenue. GetLatka estimates about $10.4M a year (October 2024).
How much funding has Verdigris raised?
$44.4M across 11 rounds; the latest was a $10M round in August 2023.
Who is the CEO of Verdigris?
Mark Chung, a co-founder.
Who founded Verdigris?
Mark Chung, in 2011.
How many employees does Verdigris have?
About 55 as of December 2024 (LinkedIn).
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Dec 20, 2024Data disclaimerReport a correctionClaim this profileRun Verdigris? Join the podcast