Loading organizations...

§ Private Profile · San Francisco, CA, USA
AI-Powered Building Management
VergeSense has raised $82.5M across 4 funding rounds.
Key people at VergeSense.
VergeSense was founded in 2017 by Dan Ryan (Founder/CEO) and Kelby Green (Founder).
VergeSense has raised $82.5M in total across 4 funding rounds.
VergeSense is a Y Combinator-backed startup that develops an AI-powered sensing device for facility management. The sensor-as-a-system platform consists of sensing devices containing a series of different sensor hardware, including an image sensor, coupled with a cloud platform for pre-training machine learning models that run on the hardware, process data and report occupancy analysis back to VergeSense’s cloud.
VergeSense has raised $82.5M across 4 funding rounds. Most recently, it raised $60.0M Series C in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2021 | $60M Series C | Scale Venture Partners | Allegion Ventures, Animo Ventures, Canaan Partners, Forum Ventures, Greycroft, MTech Capital, Polaris Partners, Tola Capital, Oliver Friedrichs, Thompson Hutton (Thompson Hutton), Tony Jamous, Bolt, DivcoWest, JLL Spark, MetaProp | Announced |
| Dec 1, 2020 | $12M Series B | Tola Capital | Canaan Partners, MTech Capital, Thompson Hutton (Thompson Hutton) | Announced |
| Apr 1, 2020 | $9M Series A | Allegion Ventures | Collab Capital, Comal Ventures, Core Innnovation Capital, FirstMark Capital, Founder Collective, RET Ventures, Ribbit Capital, Touchdown Ventures, Zigg Capital, Shane Neman, Animo Ventures, Forum Ventures, Greycroft, Oliver Friedrichs, Tony Jamous, Reeves Davis, MetaProp, Pathbreaker Ventures, West Ventures, Y Combinator | Announced |
| Oct 25, 2018 | $1.5M Venture Round | JLL Spark | Bolt, Pathbreaker Ventures | Announced |
Key people at VergeSense.
VergeSense is an AI-powered workplace occupancy analytics platform that helps enterprises optimize building and space utilization by unifying occupancy data from proprietary sensors and existing building systems. Its platform delivers real-time insights and AI-driven recommendations to improve space design, automate workplace operations, and enhance employee experience, ultimately reducing real estate costs and increasing operational efficiency[1][2][3][6].
The company primarily serves real estate leaders, workplace strategists, and facilities managers in large enterprises managing extensive office portfolios. By enabling data-driven decisions on space usage, lease renewals, and facility management, VergeSense addresses the challenges of hybrid work models and fluctuating occupancy trends. Its growth is marked by significant funding rounds (over $50M), adoption by 200+ global enterprises, and proven multi-million dollar savings for clients through lease avoidance and operational efficiencies[1][4][6].
Founded in 2017 and based in San Francisco, VergeSense was co-founded by Dan Ryan (CEO) and Kelby Green. The idea emerged from the need to bring intelligent sensing and AI analytics to physical workplace environments, enabling enterprises to adapt to evolving workspace demands. Early traction included participation in Y Combinator’s Summer 2017 batch, which helped accelerate product development and market entry. The company has since evolved its focus from hardware sensing devices to a comprehensive AI-powered platform integrating multiple data sources for holistic occupancy intelligence[4].
VergeSense rides the growing trend of smart building technology and PropTech, driven by the shift to hybrid work models and the need for agile, data-driven real estate management. The timing is critical as enterprises seek to optimize costs and employee experience post-pandemic, while sustainability and operational efficiency become top priorities. Market forces such as rising real estate costs, demand for workplace flexibility, and advances in AI and IoT sensors favor VergeSense’s solutions. By enabling dynamic portfolio management and space utilization, VergeSense influences the broader ecosystem by setting new standards for intelligent building operations and workplace analytics[2][5].
Looking ahead, VergeSense is poised to deepen its AI capabilities and expand integrations with building management systems to further automate and optimize workplace environments. Trends such as increased hybrid work adoption, sustainability mandates, and the rise of AI-driven decision-making will shape its growth trajectory. Its influence may evolve from a workplace analytics provider to a central platform for intelligent building ecosystems, driving smarter, more adaptive real estate strategies for enterprises globally. This aligns with its mission to transform how organizations manage real estate and workplaces through unified occupancy intelligence[2][6].
VergeSense was founded in 2017 by Dan Ryan (Founder/CEO) and Kelby Green (Founder).
VergeSense has raised $82.5M in total across 4 funding rounds.
VergeSense's investors include Scale Venture Partners, Allegion Ventures, Animo Ventures, Canaan Partners, Forum Ventures, Greycroft, MTech Capital, Polaris Partners, Tola Capital, Oliver Friedrichs, Thompson Hutton (Thompson Hutton), Tony Jamous.