Virridy, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Virridy, Inc. - overview

Established

2012

Location

Boulder, CO, US

Primary Industry

Environmental Services

About

Founded in 2012 by Evan Thomas (CEO), and based in Colorado, US, Virridy, Inc. , formerly known as SweetSense Inc. operates as an environmental services company that creates and deploys technology for managing water, energy, and agricultural resources in off-grid, remote locations. In June 2022, Virridy, Inc.


raised USD 5. 5 million in Series A funding led by Accord Capital, with participation from FHI 360, Cleo Capital, Reverent Rock, Save Earth, and VertueLab also participated in the round. The firm’s partners include National Science Foundation (NSF), USAID, the World Bank, NASA, the Millennium Water Alliance, and Swarm Technologies.   The company provides satellite-linked sensors that monitor water boreholes, allowing government agencies to minimize borehole downtime and ensure communities, livestock, and crops have consistent access to water.


Additionally, the technology assists farmers in drought-prone areas in monitoring and better-managing groundwater pumping and consumption while earning revenue through energy savings and automated demand response.


Current Investors

VertueLab, FHI360, Cleo Capital

Primary Industry

Environmental Services

Sub Industries

Environmental Services, Analytics & Performance Software

Website

www.virridy.com

Verticals

Clean Technology, IoT (Internet of Things), IoT (Internet of Things), IoT (Internet of Things), IoT (Internet of Things)

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.