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 expansion and product development efforts.

What is VergeSense?

VergeSense
SoftwareBusiness Intelligence (BI) Software

Founded in 2017 and headquartered in California, VergeSense operates as a Workplace Analytics Platform. Its AI-driven solution utilizes intelligent sensors to gather real-time data, providing enterprises with actionable insights through comprehensive dashboards. This technology empowers businesses to optimize their office environments, aligning them with evolving employee needs and expectations. VergeSense's platform is trusted by global enterprises seeking to enhance workplace strategy and operational efficiency.

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

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. They provide hands-on consulting and go-to-market advisory from experienced executives to support companies on their journey from founder-led growth to scalable operations.

JLL Spark

JLL Spark Global Ventures is a venture capital firm specializing in early-stage PropTech startups, having invested over $425 million in more than 55 companies since its inception in 2017. The firm aims to drive innovation within the commercial real estate sector by leveraging JLL's extensive industry experience and global network.

Y Combinator

Established in 2005 and located in Mountain View, California, Y Combinator provides seed funding for startup businesses and to gauge investors for businesses.

What's next for VergeSense?

The recent major strategic investment signals a pivotal phase for VergeSense, likely enabling the company to scale its operations, enhance its AI capabilities, and expand its market reach. With a focus on enterprise-level solutions, this backing is expected to fuel further innovation in workplace analytics, potentially leading to new product integrations and deeper market penetration. The company's trajectory suggests a continued emphasis on data-driven insights to shape the future of work environments.

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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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