
Total amount raised
$82.6 Millions
Latest funding date
11/01/2021

Location
VergeSense has developed an occupancy intelligence platform that unifies and analyzes data to optimize workplace management. The platform offers AI-enabled insights and recommendations to help organizations enhance space utilization and reduce costs.
Keep reading to explore the intricacies of VergeSense's fundraising journey and the investors backing this innovative platform.
What Is VergeSense?
VergeSense, headquartered in Mountain View, CA, operates in the occupancy intelligence and workplace management industry. The company provides a platform that helps organizations optimize their workplace spaces using data-driven insights.
VergeSense's platform unifies data from various sources, including sensors and WiFi, to offer AI-enabled recommendations. Serving over 200 global enterprises, the company covers more than 200 million square feet of real estate in over 50 countries.
How Much Funding Has VergeSense Raised?
- Seed Round
- Amount Raised: $1.5 million
- Date: January 2018
- Lead Investors: JLL Spark
- Series A
- Amount Raised: $9 million
- Date: October 2019
- Lead Investors: Allegion Ventures
- Series B
- Amount Raised: $12 million
- Date: December 2020
- Lead Investors: Tola Capital
- Series C
- Amount Raised: $60 million
- Date: June 2021
- Lead Investors: Scale Venture Partners
VergeSense has raised a total of $82.5 million across all funding rounds.
Key Investors
- JLL Spark
- Details: JLL Spark is the venture capital arm of JLL, a global real estate services firm. They focus on investing in companies that are transforming the real estate industry through technology.
- Investment Focus Areas: Real estate technology, property management, smart buildings
- Notable Investments: HqO, Honest Buildings, Dealpath
- Allegion Ventures
- Details: Allegion Ventures is the corporate venture arm of Allegion, a global provider of security products and solutions. They invest in early-stage companies that are innovating in the security and access control sectors.
- Investment Focus Areas: Security, access control, smart buildings
- Notable Investments: Openpath, Robin Powered, Pindrop
- Tola Capital
- Details: Tola Capital is a venture capital firm that invests in enterprise software companies. They focus on companies that leverage data and technology to drive business transformation.
- Investment Focus Areas: Enterprise software, data analytics, cloud computing
- Notable Investments: DataRobot, InfluxData, Matillion
- Scale Venture Partners
- Details: Scale Venture Partners is a venture capital firm that invests in early-in-revenue technology companies. They focus on companies that are poised for rapid growth and market leadership.
- Investment Focus Areas: SaaS, cloud infrastructure, digital health
- Notable Investments: Box, DocuSign, HubSpot
- Notion Capital
- Details: Notion Capital is a venture capital firm that invests in enterprise tech and SaaS companies. They focus on companies that have the potential to become global leaders in their respective markets.
- Investment Focus Areas: SaaS, enterprise software, cybersecurity
- Notable Investments: Tradeshift, GoCardless, Currencycloud
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