Verdigris Technologies
Verdigris Technologies is an AI-native electrical intelligence platform using 8 kHz waveform monitoring and patented Smart CT sensors to detect equipment degradation, recover stranded capacity, and optimize energy for AI data centers, colocation providers, telecom operators, and commercial buildings.
- Company typePrivate
- Founded2011
- HeadquartersMoffett Field, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Verdigris Technologies does
Verdigris Technologies is a privately held, AI-native electrical intelligence company founded in 2011 and headquartered in Los Altos, California, with a secondary office in Taipei, Taiwan. The company deploys high-frequency (8 kHz) waveform monitoring hardware — including EV2 and EV2 Pro power meters built on patented Smart Current Transformer (CT) technology — inside electrical panels of mission-critical facilities, then streams the data into a cloud platform that applies harmonic ratio analysis (5th and 7th order), Motor Current Signature Analysis, and deep-learning models to detect equipment degradation weeks before threshold alarms fire, recover 15-25% stranded capacity per circuit through validated operating limits, and optimize HVAC and power systems continuously. The platform is delivered as a hardware-inclusive subscription (Cloud, Forge, and Sentinel SKUs) with multi-year enterprise contracts, complemented by modules such as Signals (early fault detection), Orchestration Inputs, the M&V Analyzer, and Adaptive Automation, plus a mobile app and Prometheus/Pusher tooling for site commissioning and observability integration.
Verdigris serves four primary verticals: AI Factory/AI data center operators, colocation providers, enterprise data centers (including Fortune 500 portfolios), and commercial and industrial facilities reached through a partner network led by EnergyHUB 360. Named customers include T-Mobile, Verizon, Google, AWS, NVIDIA, Qualcomm, Arm, Westinghouse, Digital Realty, and STACK Infrastructure, with deployments spanning 2+ GW of peak monitored demand, 20M+ square feet, and 10K+ pieces of power equipment across 60+ sites. Reported outcomes include 4% of 800+ monitored T-Mobile rectifiers flagged with undetected degradation (zero standard alarms), 6:1 ROI with a 5-month payback, $1.3M-$3M projected 3-year value per rectifier monitoring engagement, and 19% chiller energy reduction at a Fortune 50 NYC data center.
The business model combines subscription recurring revenue, hardware-inclusive deployment, and professional services, with a 2024 disclosed ARR of $10.4M on cumulative funding of $44.4M across more than ten rounds. Distribution runs through enterprise direct sales for mission-critical facilities and channel partners (EnergyHUB 360) for commercial and industrial segments, with a strategic 2026 investment from Southwire Company LLC extending reach into AI-scale data center power delivery. Co-founders Mark Chung (CEO), Thomas Chung, and Jonathan Chu (CTO) continue to lead the company, which holds SOC 2 Type II and SOC 3 certifications and has been recognized through the 2021 Stevie International Business Awards (Silver), Golden Bridge Business and Innovation Award, Best in Biz Silver, and a 2025 Sustainability Product of the Year recognition.
Verdigris Technologies firmographics
Firmographics- Name
- Verdigris Technologies
- Legal name
- Verdigris Technologies, Inc.
- Website
- https://verdigris.co
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Verdigris Technologies is an AI-native electrical intelligence platform using 8 kHz waveform monitoring and patented Smart CT sensors to detect equipment degradation, recover stranded capacity, and optimize energy for AI data centers, colocation providers, telecom operators, and commercial buildings.
- Ownership category
- akta.pro rank
Verdigris Technologies industry classification
Industry- Product category
- AI-Native Electrical Intelligence / Energy Monitoring Software
- NAICS
- Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)
- akta.pro primary industry
- Industrial I/O, Signal Conditioning & Remote Terminal Units (RTUs) (IMAGABAD)
- akta.pro secondary industry
- AI Observability, Monitoring & Evaluation Platforms (Drift, Quality, Safety) (HDAEANAF)
Keywords
Where Verdigris Technologies is headquartered
LocationHeadquarters
- HQ city
- Moffett Field
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Verdigris Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure
Revenue model
- Hardware and Software Subscription: SaaS platform with hardware (EV2/EV2 Pro power meters) sold as part of deployment. Subscription covers cloud platform access, analytics, and support. Pricing varies by deployment size and configuration.
- Professional Services: Installation, commissioning, and ongoing customer success services provided as part of enterprise deployments.
- Signals Founding Access Program: Pre-launch evaluation program with tiered pricing (Self-Serve from $10K, Existing Customer from $5K, Enterprise at $25K), credited on conversion. Converts to annual subscription at launch.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Self-Serve - For operators evaluating before deploying hardware |
| Subscription | Multi-year contract | Existing Customer - For teams already on Verdigris Cloud or Forge |
| Hybrid | Multi-year contract | Enterprise - For operators committing to hardware now |
| Subscription | Monthly | Platform SKUs - Cloud, Forge, and Sentinel |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Verdigris Technologies product offering
Product offeringCore offering
Verdigris Technologies builds and sells an AI-native electrical intelligence platform for mission-critical facilities. The offering combines proprietary 8 kHz waveform-capture hardware (EV2 and EV2 Pro power meters with patented Smart CT sensors) with a cloud-based AI analytics platform that delivers sub-second visibility into power quality, early fault detection through harmonic ratio analysis, validated operating limits for capacity recovery, and adaptive building automation. Deployments target AI data centers, colocation providers, Fortune 500 enterprise data centers, telecom operators, and commercial buildings.
Product overview
Verdigris Technologies offers an AI-native electrical intelligence platform for data centers and commercial buildings, consisting of the core Verdigris Cloud Platform augmented by specialized modules (Signals for AI-powered fault detection, Orchestration Inputs for automation integration, M&V Analyzer for savings validation, and Adaptive Automation for autonomous building controls). The hardware portfolio includes EV2 and EV2 Pro power meters with high-frequency 8 kHz waveform capture, while supporting tools include a mobile app for field technicians and a Prometheus Pusher integration. The platform delivers sub-second electrical visibility through patented Smart CT technology and continuous waveform analysis to detect equipment degradation weeks before failures, with deployments across Fortune 500 data centers.
Differentiator
Problem solved
Functional benefit
Products and services
- Verdigris Cloud Platform AI-native cloud platform providing validated electrical intelligence for data centers and commercial buildings, delivering sub-second visibility into power quality, load behavior, and early fault conditions through high-frequency 8 kHz waveform analysis from sensors installed in electrical panels.
- Signals AI-powered fault detection module that identifies equipment degradation through continuous waveform analysis and harmonic trend tracking, detecting rectifier degradation, harmonic shifts, and fault conditions weeks before threshold-based alarms fire.
- Orchestration Inputs Provides structured electrical data outputs for building automation, DCIM, and enterprise systems integration, enabling automated responses to power quality events and demand optimization.
- EV2 Power Meters High-frequency power monitoring hardware capturing waveforms at 8 kHz across 42 single-phase or 14 three-phase circuits, with patented Smart CT technology featuring edge computing for real-time data analysis and compression.
- EV2 Pro Power Quality Meters Enhanced power quality meters with forensic waveform capture capability that records raw voltage and current waveforms before, during, and after power events (sag, swell, transient, outage) for root cause analysis, with 30+ seconds of data capture at the moment of power loss.
- Measurement & Verification (M&V) Analyzer Automated energy savings validation tool generating weather-normalized M&V reports following IPMVP and ASHRAE standards, reducing analysis time from weeks to minutes for retrofit project validation.
- Adaptive Automation Autonomous building controls module that augments existing BMS/BAS systems with AI-driven optimization, using deep learning RNN models for energy forecasting and 24/7 automated demand management without tenant comfort implications.
- Verdigris Mobile App Field technician application for iOS and Android enabling complete installation and activation within minutes, featuring device auto-discovery, network configuration (WiFi/Cellular/Mesh), QR code scanning, CT auto-detection, real-time voltage validation, and digital job submission.
Quantifiable outcome
- 4% of 800+ monitored rectifiers showed undetected degradation with zero standard alarms triggered
- +7 more outcomes
Companies that use Verdigris Technologies
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles5 records
Verdigris Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability7 records
Feature7 records
Verdigris Technologies partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- EnergyHUB 360coreVerdigris selected EnergyHUB 360 as Channel Partner Manager and Global Growth Partner to drive adoption and growth in energy intelligence, specifically targeting commercial real estate segment.
- FiùturminorVerdigris and Fiùtur partnership to turn data center electrical intelligence into financial value, helping operators quantify the business impact of electrical monitoring investments.
- Qualcomm Smart Cities Accelerator ProgramminorVerdigris joined Qualcomm Smart Cities Accelerator Program to advance adoption of smart energy solutions, leveraging Qualcomm's ecosystem for IoT and smart city deployments.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
Verdigris Technologies competitors and assessment
Company assessmentDirect peers
- BuildingIQ: AI-driven HVAC and energy optimization platform for commercial buildings. Closely comparable to Verdigris's Adaptive Automation module and commercial building energy intelligence value proposition.
- BrainBox AI: AI for HVAC and building energy optimization using sensor data and deep learning. Directly comparable to Verdigris's AI-native building energy intelligence for commercial real estate.
- GridPoint: Energy management and intelligent building platform combining hardware submetering with cloud analytics for commercial and industrial customers. Mirrors Verdigris's hardware-plus-AI SaaS model for the C&I vertical.
- Switch Automation: Building analytics platform that aggregates data from electrical, HVAC, and other building systems into a single intelligence layer. Comparable SaaS positioning to Verdigris Cloud for facility operators.
- 75F: IoT and AI-based smart building management platform focused on HVAC and energy optimization for commercial buildings. Overlaps directly with Verdigris's Adaptive Automation and commercial building segment.
Broad incumbents
- Schneider Electric: Global industrial and electrical equipment leader with EcoStruxure Power Monitoring Expert. Operates broadly in the same power monitoring and data center infrastructure space but as part of a much larger portfolio.
- Vertiv: Major data center power, thermal, and IT infrastructure provider with monitoring and DCIM offerings. Overlaps with Verdigris's enterprise data center and colo segments as part of a wider infrastructure portfolio.
- Eaton: Power management company with Brightlayer and Foreseer monitoring suites for data centers and industrial facilities. Comparable as an established incumbent in electrical power monitoring.
- ABB: Electrification and industrial automation major with ABB Ability-based electrical distribution monitoring. Operates broadly in the same industrial power monitoring category with deeper utility relationships.
- Enel X (now Enel X Way): Energy services arm of Enel delivering demand response, energy intelligence, and Virtual Power Plant programs to commercial and industrial customers. Comparable to Verdigris's grid-interactive energy and VPP integrations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Verdigris Technologies social profiles
Digital presenceVerdigris Technologies compliance and trust
Trust signalCompliance2 records
Verdigris Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Verdigris Technologies leadership team
Management profileNumber of profiles
Profiles5 records
Verdigris Technologies funding detail
Funding detailFunding overview
Funding rounds15 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Verdigris Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Verdigris Technologies
What does Verdigris Technologies do?
Verdigris Technologies builds and sells an AI-native electrical intelligence platform for mission-critical facilities. The offering combines proprietary 8 kHz waveform-capture hardware (EV2 and EV2 Pro power meters with patented Smart CT sensors) with a cloud-based AI analytics platform that delivers sub-second visibility into power quality, early fault detection through harmonic ratio analysis, validated operating limits for capacity recovery, and adaptive building automation. Deployments target AI data centers, colocation providers, Fortune 500 enterprise data centers, telecom operators, and commercial buildings.
Is Verdigris Technologies a public or private company?
Verdigris Technologies is a private company. It is classified as venture growth investor backed and is currently operating.
When was Verdigris Technologies founded?
Verdigris Technologies was founded in 2011. It employs 101 to 250 people.
Where is Verdigris Technologies based?
Verdigris Technologies is headquartered in Moffett Field, United States, in the North America region.
How does Verdigris Technologies make money?
Three revenue lines are on record. Hardware and Software Subscription is the primary driver. The others are professional Services and signals Founding Access Program.
Who are Verdigris Technologies's main competitors?
Direct peers on record are BuildingIQ, BrainBox AI, GridPoint, Switch Automation and 75F. Broad incumbents are Schneider Electric, Vertiv, Eaton, ABB and Enel X (now Enel X Way).
Does Verdigris Technologies have an API?
Yes. Verdigris provides a REST API with OAuth 2.0 authentication (client ID + secret) for accessing energy monitoring data. The API allows developers to poll energy data for buildings, breakers, and circuits at configurable intervals (1m, 15m, 1h, or 1d). Additionally, Verdigris offers MCP (Model Context Protocol) access to Signals, allowing AI agents and tools to query live signals on facility data. The Prometheus Pusher is a Python-based integration tool that polls the Verdigris API and pushes metrics to Prometheus-compatible remote_write endpoints. Developer documentation is at docs.verdigris.co.
What industry is Verdigris Technologies in?
Verdigris Technologies's product category is AI-Native Electrical Intelligence / Energy Monitoring Software. Its primary akta.pro industry code is IMAGABAD, Industrial I/O, Signal Conditioning & Remote Terminal Units (RTUs), with a secondary code of HDAEANAF, AI Observability, Monitoring & Evaluation Platforms (Drift, Quality, Safety). Its NAICS code is 33451 and its SIC code is 3823.