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Verdigris Technologies Stock

Verdigris Technologies is a SaaS-based platform that develops artificial intelligence in order to optimize energy consumption.

Founded

2011

Headquarters

Moffett Field CA, US

Total Funding

$16.6M

About Verdigris Technologies Stock

Verdigris Building.AI is cloud analytics software for enterprise facilities managers and large commercial buildings. It allows them to optimize operations, increase facility uptime, and save on energy costs. They spend 90% of their time in buildings. They are the single largest consumer of electricity in the world yet more than half is wasted. ($400B @ $.10kwh) The building universe is stuck in 1970. Engineers walk the floors to see if lights are out; use clipboards to log equipment maintenance, install single point meters, read dials, and rarely go beyond the 15 min whole building PG&E data. Facilities operations, CFOs, and Sustainability officers all claim they need better access to data and modern analytics. Building.AI is a sophisticated machine learning analytics SAAS platform and embedded wireless sensor that enables real-time identification, disaggregation, and analysis of the loads in buildings, providing unprecedented insights about behavior and usage.

Funding History

November 2011$362K
January 2012$1.5M
January 2013$1.9M
April 2013$100K
March 2016$6.0M
October 2016$6.7M

Management

Founder

Jonathan Chu

Founder

Thomas Chung

Founder and CEO

Mark Chung

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