BACK TO ALL ARTICLES11/9/2021

VergeSense Raises $60 Million in Series C to Accelerate Development and Innovation in Workplace Analytics

PUBLICATION: YAHOO FINANCE

Proptech company accelerates growth, leadership in workplace transformation

SAN FRANCISCONov. 9, 2021 /PRNewswire/ — VergeSense, the leader in AI-powered workplace analytics, announced today it has raised $60 million in Series C funding, led by Scale Venture Partners with participation from DivcoWest and existing investors Tola Capital, JLL Spark, MetaProp, Allegion Ventures and Bolt. This investment will help the company accelerate platform innovation and growth as the market increasingly requires data and insights to drive necessary workplace transformation. In addition, Rory O’Driscoll, a Partner at Scale Venture Partners, will join the company’s board of advisors.

With 74% of enterprise companies returning to the office adopting a hybrid work model, business leaders are looking for new ways to maximize office space investments that foster employee productivity, culture and collaboration. Driven by this market need, VergeSense will use the funding to further invest in its spatial data capabilities, platform development and application ecosystem to be the transformational partner enterprises need… READ MORE