How Much Did VergeSense Raise?
Funding & Key Investors

VergeSense has solidified its position as a leader in the workplace analytics sector, securing a total funding amount of $82.5M to accelerate its global expansion. The company's most recent strategic investment of $60M underscores the growing demand for data-driven office optimization tools in a post-pandemic landscape. By leveraging advanced sensor technology and AI-powered insights, VergeSense continues to attract significant capital from institutional investors and industry-leading real estate firms, marking a pivotal transition from its early-stage development to a mature enterprise-level platform.

The company's growth trajectory, characterized by consistent financing rounds, reflects its ability to solve complex challenges regarding space utilization and employee experience. As organizations worldwide grapple with hybrid work models, VergeSense provides the critical infrastructure necessary to transform static office environments into dynamic, responsive spaces.

What is VergeSense?

VergeSense
SoftwareBusiness Intelligence (BI) Software

Headquartered in California and founded in 2017, VergeSense operates as a sophisticated Workplace Analytics Platform designed for the modern enterprise. The company provides a comprehensive suite of tools, including intelligent sensors that capture real-time occupancy data, intuitive dashboards for strategic decision-making, and seamless integrations with existing workplace technology stacks. By converting physical office data into actionable intelligence, VergeSense enables businesses to optimize their real estate footprints, reduce operational costs, and align office environments with the evolving needs of their workforce. Its market position is bolstered by deep integration with commercial real estate leaders, positioning the firm at the intersection of PropTech and enterprise software.

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 Allegion, West Ventures, Jones Lang LaSalle, Pathbreaker Ventures, Y Combinator, and Metaprop

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 scalable operations.

Jones Lang LaSalle

JLL is a global commercial real estate services and investment management firm that specializes in property technology, workplace solutions, and large-scale real estate operations.

JLL Spark

JLL Spark Global Ventures is a venture capital firm specializing in early-stage PropTech startups, aiming to drive innovation within the commercial real estate sector through strategic insights and market entry support.

What's next for VergeSense?

With the infusion of recent capital, VergeSense is well-positioned to scale its AI-driven platform and deepen its penetration into global enterprise markets. The strategic focus will likely center on enhancing predictive analytics capabilities and expanding its ecosystem of technology partnerships. As the commercial real estate sector continues to undergo a digital transformation, VergeSense is poised to remain a central player in defining the future of work. The company's ability to maintain strong backing from both venture capital firms and real estate incumbents suggests a robust roadmap for long-term sustainability and market leadership in the workplace technology space.

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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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