What Verdant Environmental Technologies does

Verdant Environmental Technologies, founded in 2008 and headquartered in Mont-Royal, Canada, develops a smart HVAC energy management system for commercial buildings centered on occupancy-sensing thermostats that automatically adjust temperature settings when rooms are unoccupied. The product line consists of three thermostat families (Verdant VX4, VX, and ZX Series), a software platform called the Thermostat Manager App for centralized portfolio monitoring and management, and accessories including Water Leak Detection hardware and Sensor Networks. The system is engineered for universal HVAC compatibility, with certified interoperability with leading VRF systems from LG, Mitsubishi, and Carrier, and it supports both wired and wireless configurations in retrofit and new construction projects. A premium service tier, Verdant Plus, layers demand response participation, PMS/BMS integrations, dedicated support, and extended warranty on top of the hardware footprint.

The company targets four commercial verticals: hospitality, multifamily buildings, student housing, and senior living, with hospitality and multifamily as primary segments. Verdant markets 45% average HVAC runtime reduction, up to 18% energy bill savings, and a 12-18 month typical payback period, and it underwrites these outcomes with utility rebate assistance that can cover up to 100% of system costs. Verdant is a product brand operating under Copeland LP (formerly Emerson Climate Technologies), which is majority-owned by Blackstone, with go-to-market executed via a sales-led enterprise field motion through website CTAs (Book a Demo, Get a Quote, Register Your Project), a deal registration channel for resellers, and a multi-language digital presence spanning English, French, German, Italian, Spanish, and Portuguese. Named enterprise references include Silverwest Hotels and Hilton (CALA region).

Name

Verdant Environmental Technologies

Legal name

Copeland LP

Website

https://verdant.co

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Verdant Environmental Technologies, founded in 2008 in Mont-Royal, Canada, develops occupancy-sensing smart thermostats and the Thermostat Manager software platform that reduce HVAC energy use in hospitality, multifamily, student housing, and senior living properties, operating as a brand under Blackstone-owned Copeland LP.

Ownership category

akta.pro rank

Product category

Smart HVAC Energy Management Systems

NAICS

Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Auto Controls For Regulating Residential & Comml Environments (3822)

akta.pro primary industry

HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls) (BPABAGAB)

akta.pro secondary industries

Building Thermal Controls & Building Management Systems (HVAC BMS) (IMAHAKAK), Residential Demand Response (Smart Thermostats, HVAC, Water Heating, Home Batteries) (EUAFAGAA), Smart Thermostat & HVAC Automation Integration (HSAHADAC)

Keywords

• Smart HVAC thermostats
• Occupancy sensing energy management
• Building energy management systems
• Commercial HVAC controls
• Utility rebate energy savings

Headquarters

HQ city

Mont-royal

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Hardware Sales - Smart Thermostats: Sale of smart thermostat hardware products including VX4 Series, VX Series, and ZX Series thermostats. Hardware comes bundled with lifetime technical support included.
2. Software Platform: Thermostat Manager App for monitoring and managing HVAC energy across portfolios. The website indicates the energy management platform cost is included with the thermostat purchase.
3. Verdant Plus Services: Premium service offerings including extended warranty and dedicated support beyond the standard bundled lifetime support.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels11 records

Core offering

Verdant Environmental Technologies designs, manufactures, and sells smart HVAC energy management systems anchored by occupancy-sensing thermostats (VX4, VX, and ZX Series) that automatically reduce HVAC runtime in unoccupied guest rooms and units. The thermostats are sold with bundled lifetime technical support and the Thermostat Manager software platform for portfolio-wide energy monitoring, and customers can layer on the Verdant Plus premium services tier plus accessories such as water leak detection and sensor networks.

Product overview

Verdant Environmental Technologies offers a smart HVAC energy management system consisting of hardware thermostats (VX4, VX, and ZX Series), a software platform (Thermostat Manager App), and optional services (Verdant Plus). The system uses occupancy sensing to automatically reduce HVAC runtime by an average of 45%, delivering up to 18% energy cost savings for commercial buildings. Accessories include water leak detection and sensor networks. The platform is designed for hospitality, multifamily buildings, student housing, and senior living facilities, and is compatible with major VRF systems including LG, Mitsubishi, and Carrier.

Differentiator

Problem solved

Functional benefit

Brands

• Verdant VX4: Smart thermostat in the VX series product line
• Verdant VX
• Verdant ZX
• Thermostat Manager App
• Verdant Plus

Products and services

• Verdant VX4 Thermostat Smart thermostat in the VX4 Series with occupancy sensing that automatically sets back HVAC temperatures in unoccupied rooms, designed for commercial HVAC energy management in hospitality and multifamily buildings.
• Verdant VX Thermostat Smart thermostat with occupancy sensing and automatic setback features that reduce HVAC runtime in unoccupied rooms, designed for hotel and multifamily property operators.
• Verdant ZX Thermostat Smart thermostat in the ZX Series that delivers commercial HVAC climate control with occupancy-based energy saving features for properties such as hotels and apartment buildings.
• Verdant Thermostat Manager App Software platform that enables monitoring and management of HVAC energy across entire building portfolios from a single dashboard, bundled with Verdant thermostat hardware purchases.
• Verdant Plus Premium service subscription tier that adds Demand Response participation, PMS/BMS integrations, dedicated support, and extended warranty on top of the standard lifetime technical support bundled with Verdant thermostat hardware.
• Water Leak Detection Hardware accessory that detects water leaks and alerts property managers to prevent water damage and costly repairs in commercial and residential buildings.
• Verdant Sensor Networks Network of sensors that enhance property monitoring and supply additional data for energy management optimization across Verdant-equipped buildings.

Quantifiable outcome

• 45% average HVAC runtime reduction
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability3 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• LGcoreTechnology or IntegrationVerdant smart thermostats are designed to be compatible with LG VRF (Variable Refrigerant Flow) HVAC systems, allowing seamless integration for energy management in buildings using LG equipment.
• MitsubishicoreTechnology or IntegrationVerdant smart thermostats are compatible with Mitsubishi VRF HVAC systems, enabling integrated energy management for buildings equipped with Mitsubishi HVAC equipment.
• CarriercoreTechnology or IntegrationVerdant smart thermostats are designed to work seamlessly with Carrier HVAC systems, providing energy management capabilities across Carrier-equipped commercial buildings.
• Utility Companies (Rebate Programs)coreStrategic or Co-development PartnerVerdant covers the entire utility rebate process for customers free of charge, helping building operators access rebates that can cover up to 100% of Verdant system costs. Rebates are a key component of the sales value proposition.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• BuildingIQ: BuildingIQ delivers cloud-based energy management software for mid-market and large commercial buildings. Overlaps with Verdant in HVAC energy optimization but focuses more on software/analytics than hardware thermostats.
• BrainBox AI: BrainBox AI provides autonomous AI-driven HVAC optimization for commercial buildings, directly competing with Verdant's occupancy-sensing energy savings approach using more advanced deep learning models.
• 75F: 75F offers IoT-based smart HVAC controls and building automation for light commercial buildings, including occupancy-driven optimization. Comparable to Verdant in target customer profile and technology approach.
• Switch Automation: Switch Automation provides building analytics and energy management software targeting hospitality, multifamily, and commercial portfolios — closely aligned with Verdant's vertical focus and energy reporting capabilities.
• Encycle: Encycle offers HVAC energy optimization software for multi-site commercial building operators. Comparable to Verdant's Thermostat Manager App and energy savings value proposition for multi-property portfolios.

Broad incumbents

• Johnson Controls: Johnson Controls provides building management systems, HVAC controls, and energy optimization software for commercial buildings. Competes with Verdant in HVAC control and energy management but at much larger scale across many product categories.
• Honeywell Building Technologies: Honeywell offers commercial building automation systems including smart thermostats and HVAC controls. Overlaps with Verdant in HVAC control functionality but operates across a much broader portfolio of building management products.
• Carrier Commercial Controls: Carrier offers HVAC controls and building automation systems for commercial applications. While a Verdant integration partner, Carrier also competes in the broader commercial controls market through its own product portfolio.

Direct peers

• Ecobee: Ecobee (acquired by Generac) manufactures smart Wi-Fi thermostats with occupancy sensing for residential and light-commercial markets. Directly comparable to Verdant in core thermostat technology and occupancy-based automation.
• GridPoint: GridPoint provides smart building energy management with strong demand response capability for commercial buildings. Closely comparable to Verdant in combining occupancy-based HVAC controls with utility demand response programs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=TyNxfD-C23I&list=PL0EzIbQoBtnd0jZe90ZEEmyYonqZ5Tj6R
• Facebookfacebook.com/VerdantbyCopeland
• LinkedInlinkedin.com/company/verdant-environmental-technologies
• Instagraminstagram.com/copeland_company

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verdant Environmental Technologies