VergeSense is a workplace technology company that provides an AI-driven occupancy intelligence platform designed to help enterprises optimize how physical workspaces are used. Its system combines smart sensors, data from Wi-Fi and other sources, and AI analytics to deliver real-time insights into space usage, peak occupancy, and utilization trends, enabling better planning and resource allocation. The platform serves over 200 global enterprises and analyzes hundreds of millions of square feet of real estate, helping teams make data-driven decisions and reduce costs while improving the workplace experience.
What Is VergeSense and What Does It Do?
VergeSense, founded in 2017, is headquartered in San Francisco, California, United States. The company provides an occupancy intelligence platform that uses advanced sensors and AI to collect and analyze real-time occupancy data across office spaces and buildings. Leveraging machine learning and sensor fusion, its platform offers actionable insights, trends, and recommendations to help facility teams understand space utilization, manage hybrid work models, and make strategic real estate decisions. The system integrates data from sensors, Wi-Fi networks, and building systems to create a unified view of how spaces are used. VergeSense supports more than 200 enterprise clients across 50+ countries.
As of the most recent data available, VergeSense’s employee count is 51-200 employees across its U.S. and global teams, fueling product engineering, data science, and customer success.
How Much Funding Has VergeSense Raised?
1. Seed Round
- Amount Raised: $1.5 million
- Date: January 2018
- Lead Investors: JLL Spark
- Motivation: To launch early occupancy intelligence product development and initial market traction.
2. Series A
- Amount Raised: $9 million
- Date: October 2019
- Lead Investors: Allegion Ventures
- Motivation: To expand product capabilities and grow customer adoption.
3. Series B
- Amount Raised: $12 million
- Date: December 2020
- Lead Investors: Tola Capital
- Motivation: To support scaling operations and meet rising demand for workplace analytics.
4. Series C
- Amount Raised: $60 million
- Date: June 2021
- Lead Investors: Scale Venture Partners
- Motivation: To accelerate platform innovation, product enhancements, and global expansion.
Total Funding Raised: $82.5 Million
Latest Funding Date: June, 2021
Key Investors
1. JLL Spark
- Details: Venture capital arm of global real estate services firm JLL, investing in technologies transforming property and workplace management.
- Investment Focus Areas: Real estate technology, smart buildings, workplace analytics.
- Notable Investments: HqO, Honest Buildings, Dealpath.
2. Allegion Ventures
- Details: Corporate venture arm of Allegion, focused on early-stage innovations in building security and workplace technology.
- Investment Focus Areas: Security, access control, smart infrastructure.
- Notable Investments: Openpath, Robin Powered, Pindrop.
3. Tola Capital
- Details: Venture capital firm investing in enterprise software that drives digital transformation and data analytics.
- Investment Focus Areas: SaaS, data analytics, enterprise platforms.
- Notable Investments: DataRobot, InfluxData, Matillion.
4. Scale Venture Partners
- Details: Growth-focused venture firm investing in early-revenue technology companies with strong market potential.
- Investment Focus Areas: SaaS, cloud infrastructure, analytics.
- Notable Investments: Box, DocuSign, HubSpot.
5. Notion Capital
- Details: Venture firm focused on enterprise tech and SaaS companies poised for global growth.
- Investment Focus Areas: SaaS, enterprise software, cybersecurity.
- Notable Investments: Tradeshift, GoCardless, Currencycloud.
Where Is VergeSense’s Headquarters?
VergeSense is headquartered in San Francisco, California, United States, with additional team presence in Mountain View, Minneapolis, and other locations to support product development, customer success, and global operations.
What’s Next for VergeSense?
VergeSense is focused on expanding its workplace analytics platform by deepening integrations, enhancing AI capabilities, and applying predictive insights for space planning in hybrid work environments. Future growth initiatives include expanding adoption across global enterprises, enriching sensor analytics with machine learning, and improving real-time decision support for workplace strategy teams. With workplace transformation continuing globally, VergeSense is positioned to lead in occupancy intelligence, helping organizations optimize real estate spend and employee experience.
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