SAN FRANCISCO, Jan. 27, 2022 /PRNewswire/ -- VergeSense
experienced an unprecedented year of growth in 2021, secured
$60 million in additional funding and
furthered strategic partnerships, the company announced today. The
company also bolstered its executive leadership to support and
accelerate this growth in 2022.
Click to Tweet: @VergeSense closes out 2021 as a
market leader, strategic hires and new
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#workplaceanalytics #futureofwork
Highlights for VergeSense in 2021 included:
- Secured $60 million in Series C
funding led by Scale Venture Partners
- Experienced 356% year over year growth in sales
- Grew customer base 110%, which now includes 29 of the Fortune
500 companies
- Significant international growth, with customers across 34
countries
- Grew partner ecosystem by 5.75X, onboarding 23 of the
industry's most respected workplace leaders, including JLL, SpaceIQ
+ iOffice, FM:Systems and Johnson Controls
- Doubled total employees, including executive hires ranging from
chief product officer to vice president of operations, finance and
human resources
As return to work plans continue to evolve and use of
the office becomes increasingly unpredictable, analyzing the
use of physical space becomes imperative. Failure to do so
results in spaces that are wasteful, costly, unsustainable and
inefficient to operate, which culminates in a negative
employee experience. The only way forward is to leverage spatial
intelligence to truly understand space and how people are
using it in real time, and then use that information to identify
patterns and make predictions.
Last year, VergeSense introduced its Return to Office
dashboards, which offer customers insights into space usage, peak
office attendance and the return-to-office trajectory. These
insights, coupled with its Signs of Life™ technology,
differentiate VergeSense from other workplace data and sensor
technology on the market, as it uses AI to read the room like a
human, taking into account passive attendance.
Ibrahim Yate, Senior Analyst, Verdantix, said: "The past
few years, nearly everything we understand about the use of
physical space has shifted. The old behavior patterns that were
used to predict the use of space no longer apply. Firms need more
sophisticated tools to identify patterns and insights in real time
to optimize building management and employee experience. VergeSense
is serving this need through its innovative spatial intelligence
and workplace analytics."
Dan Ryan, CEO, VergeSense,
said: "By understanding how space is used in real time,
commercial real estate leaders and workplace strategists can reduce
real estate and operations costs, increase productivity, improve
culture and employee retention, and drive better sustainability. We
will continue to innovate and improve upon our platform by
introducing new AI and ML capabilities that offer our customers
deep spatial intelligence. Our customers and partners will have the
data and insights that lead to remarkable workspaces and impactful
workplace decisions."
About VergeSense
VergeSense is the leading Workplace Analytics Platform trusted by
enterprises across the globe. Businesses use VergeSense to
transform their static office into a dynamic workplace that matches
today's employee needs and expectations. Its AI-driven platform
includes intelligent sensors that collect real-time data,
dashboards and insights that drive workplace strategy, and
integrations with the leading workplace technologies. Today
VergeSense analyzes over 40 million square feet and supports
customers across 34 countries, including 29 of the Fortune 500.
Companies leverage VergeSense to reduce or reinvest real estate,
improve building operations, and create spaces where employees can
thrive. The impact is reduced costs, higher productivity, improved
culture and employee retention, and better sustainability. For more
information, visit http://www.vergesense.com.
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SOURCE VergeSense