Verdigris logo
Founded 2011

Verdigris

2017 Revenue

$3.1M

YOY

Funding

$34.4M

Overview

About Verdigris

Verdigris is a connected artificial intelligence and IoT platform. It makes buildings smarter, helping them reduce energy consumption and costs. By combining patented sensors, software and AI, Verdigris "learns" the energy patterns of a building and pr...

Monthly Revenue

$260.0K

Total Expenses

$260.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

500 Severyns Avenue Mountain ViewCaliforniaUnited States

Verdigris Revenue vs Funding

$Funding$Revenue

Revenue

In 2017, Verdigris revenue run rate hit $3.1M in revenue.

$3.1M

Funding History

Verdigris has raised a total of $34.4M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
04/09/2020$6.7M
03/13/2020$7.1M
12/28/2017$4.8M
09/26/2016$6.7M
04/13/2016$800.0K
08/19/2014$7.7M
06/10/2013$100.0K
03/18/2013$100.0K
05/14/2012$20.0K
09/19/2011$362.0K

Customers

Verdigris has 300 customers.

Lifetime Months

×
Monthly ARPU

$867.0

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$10.4K

$0$10.4K024681012

Churn

Verdigris has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

Verdigris has 44 employees. They have 1 sales rep that carries a quota They have an engineering team of 12.

20172018201947.00%▲-5.00%▼
DistributionQty

Total Team Size

44

Engineers

12 (27%)

Sales

1 (2%)

Marketing

0

CEO/Founder

Mark Chung

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.


CEO Q&A

What's your age?

40

Favorite online tool?

Pivotal

Favorite book?

How the mighty fall

Favorite CEO?

Mark Zuckerberg

Advice for 20 year old self

Be more growth minded. Being smart or talented


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Frequently Asked Questions about Verdigris

When was Verdigris founded?

Verdigris was founded in 2011.


Who is the CEO of Verdigris?

The CEO of Verdigris is Mark Chung


How many employees does Verdigris have?

Verdigris has 44 employees.

How much revenue does Verdigris generate?

Verdigris generates $3.1M in revenue.


How much funding does Verdigris have?

Verdigris has raised $34.4M.


Where is Verdigris headquarters?

Verdigris is headquartered at 500 Severyns Avenue Mountain ViewCaliforniaUnited States

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