VergeSense offers an AI-driven Workplace Analytics Platform that uses intelligent sensors to collect real-time occupancy data, dashboards and insights to inform workplace strategy, and integrations with other workplace technologies. The platform is used by enterprises globally and analyzes over 40 million square feet, supporting customers across 29 countries, including 26 of the Fortune 500. Led by CEO and co-founder Dan Ryan, VergeSense combines hardware sensors with software analytics to transform static offices into dynamic, employee-centric workplaces. The company intends to use the new funding to accelerate platform innovation and growth. The business emphasizes enterprise deployments and integration with existing workplace systems to drive adoption across large customers. VergeSense builds machine-vision sensors and analytics that help businesses understand and optimize how office spaces are used. The company launched in 2017 and sells dedicated sensors and software that track occupancy and usage patterns. During the COVID-19 pandemic demand increased and VergeSense added features to help manage social distancing, guide cleaning intensity, and infer likely-occupied seats by detecting backpacks and other signs. Its customers include Shell, Quicken Loans, Roche, Cisco and Telus, and its tools now watch more than 40 million square feet across 29 countries. Financially, VergeSense has raised $22.6 million to date, including a $9 million Series A earlier this year and the new $12 million round. The company plans to use the funding to continue improving its core computer vision capabilities and hardware, pursue partnerships and integrations with desk/room booking and building-automation tools, and double headcount across departments. VergeSense is a U.S. startup offering a sensor-as-a-system platform for offices that provides real-time occupant counts, foot-traffic-triggered cleaning notifications and analytics. Its machine-learning platform and sensor hardware support features such as a Social Distancing Score, daily occupancy reports, a Smart Cleaning Planner and an open API for integrations. The company processes about 6 million sensor reports per day for nearly 70 customers, including 40 FORTUNE 1000 companies, covering 20 million square feet across 250 office buildings in 15 countries. VergeSense says bookings are on track to be up 500% quarter over quarter after an early COVID-19 aftershock, indicating accelerated demand for its tools to manage occupancy and safety. The startup plans to scale its software analytics, expand operations to meet increased demand, and invest in product development including smaller/faster sensor form factors and additional environmental data feeds such as air quality, temperature and humidity. VergeSense provides an AI-powered sensor-as-a-service platform that creates an information layer within commercial properties to give real estate investors, property managers, and workplace tenants actionable insights. Its sensors can be installed in minutes and feed a dashboard that delivers AI-powered recommendations to building managers. The platform improves over time as sensors collect more data and learn to detect new types of events via software updates. Led by founder and CEO Dan Ryan, the company plans to use the latest funding to accelerate platform development and build its team. VergeSense also intends to scale distribution through VergeSense API partners and its relationship with JLL. The company is based in San Francisco, CA and raised $1.5M in the latest funding round.

Total raised

$83M

Funding rounds

4

Latest round

Series C

Latest activity

Nov 2021