Verse Enterprises, Inc.
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Verse Enterprises, Inc. - overview
Established
2022
Location
San Francisco, CA, US
Primary Industry
Software
About
Verse Enterprises, Inc. is a US-based company focused on developing AI-powered energy intelligence solutions, enhancing energy management through innovative technology and integrated data solutions. Founded in 2022 and headquartered in San Francisco, US, Verse Enterprises, Inc. specializes in energy intelligence solutions.
The company was founded by Matt Penfold and Seyed Madaeni, with Seyed Madaeni currently serving as CEO. Verse has secured a total of USD 20. 5 mn in funding, with its most recent funding round being a Series A investment led by GV on May 22, 2024, which included participation from Coatue Management and My Climate Journey Collective, along with CIV. The total amount raised stands at USD 20.
5 mn, reflecting the company’s ongoing investment in its growth strategy. Verse Enterprises, Inc. specializes in AI-powered energy intelligence solutions, primarily through its flagship Aria™ Platform. This platform integrates energy data, forecasting, planning, and operations, enabling businesses to streamline their energy management processes and enhance decision-making capabilities.
Key functionalities of the Aria™ Platform include real-time monitoring of market data and asset performance, automated budgeting, and dynamic procurement strategy modeling. Verse serves diverse customers, including Fortune 500 companies, primarily in North America and Europe, addressing complexities of energy procurement, cost validation, and project performance analysis. Verse Enterprises, Inc. operates on a subscription-based revenue model, providing clients with access to the Aria™ Platform and associated services through structured subscription plans.
Clients, primarily large enterprises and energy procurement leaders, subscribe to various service tiers granting them access to advanced analytics and operational insights. The pricing structure caters to organizations managing complex energy portfolios, with transactions typically involving annual subscriptions and options for customized consulting or integrated data solutions, supporting a steady revenue stream from ongoing client relationships. In June 2026, Verse Enterprises, Inc. raised USD 54 million in series B funding led by Bessemer Venture Partners, with participation from Norrsken VC, Nventures, and GV.
The company will use the funding to develop its energy platform and deploy on-site battery systems to bring data center capacity online faster.
Current Investors
Coatue Management, Collaborative Fund, Firstminute Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.verse.inc
Verticals
Artificial Intelligence, Clean Technology, Cloud Computing
Company Stage
Series B
Total Amount Raised
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Verse Enterprises, Inc. - employee data
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