How Much Did VergeSense Raise?
Funding & Key Investors

VergeSense, a provider of workplace analytics, has secured significant enterprise-level funding, with its total funding reaching $82.5M. The company recently announced a major strategic investment of $60M, underscoring its growth trajectory and market position in transforming static offices into dynamic, employee-centric workplaces. This latest capital infusion is expected to accelerate VergeSense's innovation and market expansion.

What is VergeSense?

VergeSense
SoftwareBusiness Intelligence (BI) Software

Founded in 2017 and headquartered in California, VergeSense operates as a Workplace Analytics Platform. The company leverages AI-driven intelligent sensors to collect real-time data, providing enterprises with actionable insights through comprehensive dashboards. This data empowers businesses to optimize their office environments, aligning them with evolving employee needs and expectations. VergeSense's technology is crucial for companies looking to enhance workplace strategy and create more dynamic, responsive office spaces.

How much funding has VergeSense raised?

VergeSense has raised a total of $82.5M across 4 funding rounds:

2018

Unspecified

$1.5M

2020

Series A

$9M

Series B

$12M

2021

Series C

$60M

Unspecified (2018): $1.5M with participation from JLL Spark

Series A (2020): $9M led by Jones Lang LaSalle, Metaprop, Y Combinator, Pathbreaker Ventures, Allegion, and West Ventures

Series B (2020): $12M supported by Tola Capital LLC

Series C (2021): $60M featuring Scale Venture Partners

Key Investors in VergeSense

Scale Venture Partners

Scale Venture Partners is an early-stage venture capital firm that invests in founders building category-defining businesses, providing hands-on consulting and go-to-market advisory to support companies from founder-led growth to scalable operations.

Jones Lang LaSalle

Jones Lang LaSalle Incorporated (JLL) is a global commercial real estate services, investment management, and property technology company operating across more than eighty countries, offering integrated real estate advisory services, property management, and digital real estate technologies.

Y Combinator

Y Combinator is a startup accelerator that provides seed funding for early-stage businesses and connects them with investors, established in 2005 and based in Mountain View, California.

What's next for VergeSense?

The substantial enterprise-level funding, particularly the recent strategic investment, positions VergeSense for accelerated scaling and further technological development. This capital will likely fuel expansion into new markets, enhance its AI capabilities, and strengthen its integration with existing workplace technologies. The company's focus on transforming office spaces into dynamic environments suggests a strategic push towards becoming a leader in the future of work, driven by data-informed decision-making.

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Frequently Asked Questions Regarding VergeSense Financial Insights

What are the most recent funding rounds that VergeSense has completed, and what were the funding rounds?
VergeSense has recently completed 3 funding rounds: Series C on Nov 8, 2021, Series B on Dec 22, 2020, Series A on May 21, 2020.
What is the total amount of funding VergeSense has raised to date?
VergeSense has raised a total of $82.5M in funding to date.
How many funding rounds has VergeSense completed?
VergeSense has completed 3 funding rounds.
How much funding did VergeSense raise in its most recent funding round?
VergeSense raised $60M in its most recent funding round.
Who are the lead investors in VergeSense's latest funding round?
The lead investor in VergeSense's latest funding round was Scale Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in VergeSense's history?
The largest funding round in VergeSense's history was $60M.
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