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).
All 3 revenue readings, with sources
| 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 had 55 employees (December 2024, LinkedIn), up from 52 a year earlier.
- Mark ChungFounder & 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
What is Verdigris' revenue?
GetLatka estimates Verdigris' revenue at about $10.4M a year (October 2024). The company hasn't published its own figure.
How much funding has Verdigris raised?
Verdigris has raised $44.4M across 11 funding rounds. The latest was a $10M funding round in August 2023.
How many employees does Verdigris have?
Verdigris had 55 employees in December 2024, according to LinkedIn.
Who is the CEO of Verdigris?
Mark Chung is the CEO of Verdigris and founded the company in 2011.
Who founded Verdigris?
Mark Chung founded Verdigris in 2011.
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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