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Verdigris is a connected artificial intelligence and IoT platform. It makes buildings smarter, helping them reduce energy consumption and costs
Last updated
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.
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 Round | $10M | - | - |
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.
| Question | Answer |
|---|---|
| What's your age? | 43 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Verdigris serves 300 customers.
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.
Verdigris generates an estimated $10.4M in annual revenue.
Verdigris was founded by Mark Chung.
The CEO of Verdigris is Mark Chung.
Verdigris raised $44M across 10 rounds.
Verdigris has 55 employees.
Verdigris is headquartered in Moffett Field, California, United States.
Verdigris operates across multiple industries. Browse revenue, funding, and growth data for Verdigris in each sector below.
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.
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2024 Revenue
$10.4M(Est.)
Customers
300
Funding
$44M
Avg ACV
$34.8K
Team
55
Founded
2011
| 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 | |
| 2011 | Launched with $0 revenue |
| 2020 | None | $6.7M | - | - |
| 2020 | None | $7.1M | - | - |
| 2017 | None | $4.8M | - | - |
| 2016 | None | $6.7M | - | - |
| 2016 | None | $800K | - | - |
| 2014 | None | $7.7M | - | - |
| 2013 | None | $100K | - | - |
| 2013 | None | $100K | - | - |
| 2012 | None | $20K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 55 employees (December 2024) | |
| 2024 | Reached 51 employees (October 2024) | |
| 2023 | Reached 52 employees (December 2023) | |
| 2022 | Reached 54 employees (December 2022) | |
| 2021 | Reached 68 employees (December 2021) | |
| 2019 | Reached 42 employees (December 2019) | |
| 2018 | Reached 44 employees (December 2018) | |
| 2017 | Reached 30 employees (June 2017) |
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