Verse (Business/Productivity Software) Overview
- Year Founded
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2022
- Status
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Private
- Employees
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84
- Latest Deal Type
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Series B
- Latest Deal Amount
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$54M
- Investors
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13
Verse (Business/Productivity Software) General Information
Description
Developer of an energy infrastructure platform designed to help organizations procure and manage clean power. The company's platform utilizes generative artificial intelligence to automate energy procurement and optimize off-grid battery storage, enabling data centers to accelerate grid connection timelines and reduce power costs.
Contact Information
Website
www.verse.incCorporate Office
- 2 Embarcadero Center
- 17th Floor
- San Francisco, CA 94111
- United States
Corporate Office
- 2 Embarcadero Center
- 17th Floor
- San Francisco, CA 94111
- United States
Verse (Business/Productivity Software) Timeline
Verse (Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series B) | 03-Sep-2026 | $54M | Completed | Generating Revenue | ||
| 2. Early Stage VC (Series A) | 22-May-2024 | Completed | Generating Revenue | |||
| 1. Seed Round | 19-Jul-2023 | $5.75M | $5.75M | Completed | Generating Revenue |
Verse (Business/Productivity Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | 6,264,131 | $0.000010 | $3.27 | $3.27 | 1x | $3.27 | 18.23% | |
| Seed | 3,333,327 | $0.000010 | $1.5 | $1.5 | 1x | $1.5 | 9.7% |
VC Exit Predictor
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Verse (Business/Productivity Software) Comparisons
Industry
Financing
Details
Verse (Business/Productivity Software) Competitors (12)
One of Verse (Business/Productivity Software)’s 12 competitors is Tradeshift, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Tradeshift | Venture Capital-Backed | San Francisco, CA | ||||
| Rakuten Travel Exchnage | Venture Capital-Backed | Singapore, Singapore | ||||
| Ascend Analytics | Private Equity-Backed | Boulder, CO | ||||
| Infor Global Solutions | Private Equity-Backed | Atlanta, GA | ||||
| Prosume | Venture Capital-Backed | Milan, Italy |
Verse (Business/Productivity Software) Patents
Verse (Business/Productivity Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12041276-B2 | System and method for content streaming interactivity | Active | 18-Mar-2019 | ||
| US-20220167022-A1 | System and method for content streaming interactivity | Active | 18-Mar-2019 | ||
| US-20240364942-A1 | System and method for content streaming interactivity | Pending | 18-Mar-2019 | H04N21/2187 |
Verse (Business/Productivity Software) Signals
Verse (Business/Productivity Software) Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bessemer Venture Partners | Venture Capital | Minority | ||
| Norrsken VC | Impact Investing | Minority | ||
| NVIDIA | Corporation | Minority | ||
| CIV | Venture Capital | Minority | ||
| GV | Corporate Venture Capital | Minority |
Verse (Business/Productivity Software) FAQs
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When was Verse (Business/Productivity Software) founded?
Verse (Business/Productivity Software) was founded in 2022.
-
Where is Verse (Business/Productivity Software) headquartered?
Verse (Business/Productivity Software) is headquartered in San Francisco, CA.
-
What is the size of Verse (Business/Productivity Software)?
Verse (Business/Productivity Software) has 84 total employees.
-
What industry is Verse (Business/Productivity Software) in?
Verse (Business/Productivity Software)’s primary industry is Business/Productivity Software.
-
Is Verse (Business/Productivity Software) a private or public company?
Verse (Business/Productivity Software) is a Private company.
-
What is the current valuation of Verse (Business/Productivity Software)?
The current valuation of Verse (Business/Productivity Software) is .
-
What is Verse (Business/Productivity Software)’s current revenue?
The current revenue for Verse (Business/Productivity Software) is .
-
How much funding has Verse (Business/Productivity Software) raised over time?
Verse (Business/Productivity Software) has raised $80.2M.
-
Who are Verse (Business/Productivity Software)’s investors?
Bessemer Venture Partners, Norrsken VC, NVIDIA, CIV, and GV are 5 of 13 investors who have invested in Verse (Business/Productivity Software).
-
Who are Verse (Business/Productivity Software)’s competitors?
Tradeshift, Rakuten Travel Exchnage, Ascend Analytics, Infor Global Solutions, and Prosume are some of the 12 competitors of Verse (Business/Productivity Software).
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