VergeSense is the industry leader in real-time workspace analytics insights and solutions that enable businesses to optimize their workspaces. By using our comprehensive range of comprehensive information, we help businesses increase team productivity, reduce operational costs, and experience improved well-being throughout the workplace. We also provide data-driven analytics tools that enable customers to instantly track how people use shared spaces and make adjustments according to the behavior of their teams. Our goal is to allow our customers to confidently place their trust in us so that we can help them maximize success and efficiency within their company.
By utilizing the most advanced sensor technology, including state-of-the-art analytics engines, VergeSense offers an accurate understanding of how space is used in real time and historically over time. This allows for customized visualizations and heat maps so that you can identify trends across multiple locations and provide strategic insights for decision making. Additionally, our mobile application provides users with insights into space utilization anywhere on any device; enabling them to accurately track utilization ratios in seconds without ever leaving a desk or engaging with other individuals.
Our customers enjoy having a solution provider who truly understands their needs while providing the vital output required when making important decisions about workplace occupancy efficiency. We strive to serve as a trusted partner and empower organizations confronting today’s rapidly changing workplace environment while preparing for tomorrow’s challenges.
VergeSense Raises $60 Million in Series C to Accelerate Development and Innovation in Workplace Analytics
VergeSense is a leading workplace analytics platform, recently raising $60 million in Series C funding. The company is focusing on leveraging technology to create smarter and more efficient workspaces, providing business insights on improving their workplace.
VergeSense offers a unique approach to workplace analytics, so let’s take a closer look to see how it stands out from other solutions and why it is gaining popularity.
How VergeSense uses sensors to track workplace analytics
VergeSense is an innovative workplace analytics solution that uses cutting-edge machine learning and sensors to provide actionable insights about how office spaces are utilized. Our unique approach to workplace analytics allows us to measure occupancy and environmental data in real time, giving you the information you need to effectively plan, manage, and optimize your space.
VergeSense compatible sensors are installed at key locations within your office space. These wiresless sensors combine data from Bluetooth—enabled devices in the workplace with machine learning algorithms to accurately calculate occupancy and environmental data. Our patented technology gives us a granular understanding of occupancy patterns within individual rooms and entire floors.
This comprehensive view of workspace utilization is combined with traditional metrics such as employee headcounts and floor plans to create detailed reports that provide powerful insight into when, where, why, and how offices are being used daily. In addition, VergeSense’s AI-powered predictive analytics makes plan for future utilization patterns even easier by giving users visibility into potential changes in space requirements before they occur — enabling them to make decisions quickly and reducing costly reconfigurations or relocations down the line.
How VergeSense is different from other workplace analytics solutions
VergeSense is a modern workplace analytics solution that enables users to gain full visibility into their physical spaces. Our IoT technology enables users to automatically detect in-depth insights on how their space is used and creates an easy-to-use dashboard with actionable data.
VergeSense stands out from other workplace analytics solutions due to its seamless integration with any environment and ability to offer users real-time insights on their space utilization. Our solutions provide heat mapping capabilities that allow real-time and historical usage – allowing people to identify patterns and make better decisions. By implementing our AI operations suite, VergeSense allows you to have sensors strategically located throughout your facility, tiering sensing based on activity levels, and generating insights based around long term trends – providing visibility never seen before.
Other workplace analytics solutions are often slow, inaccurate, expensive, or involve manual labor. VergeSense can provide an advanced design for facilities compared to traditional systems because our sensor-driven software platform provides useful data by using minimal hardware required for implementation. Other solutions may require multiple access points in addition to camera surveillance where VergeSense does not need these components due to analyzing movement directly from our actuators or “smart door handles”. Overall by utilizing our technology we have been able to reduce costs and speed up deployment time drastically compared to other solutions in today’s market!
Benefits of VergeSense
Building on its prior two funding rounds, VergeSense has raised $60 million in Series C funding to accelerate development and innovation in its workplace analytics solution.
This investment will deliver more insightful and grounded data-driven approaches to employee engagement and productivity. By leveraging VergeSense’s AI and machine learning capabilities, the company can deliver powerful insights on all aspects of workplace analytics.
Let’s explore some of the key benefits VergeSense offers.
Increased workplace efficiency
VergeSense is the ideal solution for businesses looking to analyze how their workforce moves throughout their workplace environment and use this valuable data to make changes that can increase efficiency.
When you deploy VergeSense’s sensors, you will be able to track how individuals and teams move in your workplace so you can optimize conditions for improved productivity and satisfaction. Our advanced analytics tools enable you to leverage meaningful insights about behavior patterns, identifying which workspaces are utilized most often, areas of greatest activity or inactivity, peak times for occupancy or other trends. These meaningful insights enable you to understand precisely how the physical workplace environment impacts your employees’ well-being and productivity – allowing you to make informed decisions based on solid data-driven strategies.
By analyzing data specific to each area of your workspace, VergeSense can provide a complete picture of what behaviors are occurring throughout your facility. By tracking unique events and visitors over time, our system identifies areas where modifications should be made to accommodate peak times or particular tasks. Making these changes can reduce employee fatigue and ultimately increase the efficiency of team workflow processes.
Additionally, with VergeSense’s comprehensive reporting capabilities providing detailed views into historical trends and real-time adjustments within each facility area, businesses are better armed when creating plans for future optimization initiatives.
Improved employee engagement
VergeSense’s advanced workplace analytics solutions provide measurable feedback on the impact of employees’ activities in the office, helping organizations foster a better work environment. This provides an effective way to promote team collaboration, productivity and employee engagement.
VergeSense’s unique approach to workplace analysis allows it to capture essential data related to patterns of employee movements, occupancy and utilization of workspaces while ensuring privacy and security. This data helps teams measure their performance across operations such as facility usage, conference room utilization, noise levels and desk occupancy.
Using VergeSense’s dashboard interface, users can gain insights on how teams collaborate by measuring communication activity such as time spent in group meetings or individual interactions inside office spaces. Also available is a visualization tool that tracks collective workspace occupancy over time. Finally, employees can access real-time desk availability to make informed decisions about which workspaces are right for their needs – promoting communication and collaboration among teams while reducing delays due to unavailability of workspaces minutes or hours later manually allocated through traditional delegation processes.
Improved customer experience
VergeSense ensures a better customer experience by providing insights tailored to each customer’s needs. While building customized analytics solutions for workplace dynamics, VergeSense focuses on the customer’s objectives and desired outcomes. With VergeSense, customers can get instant insights into their workforce and to detect any incident trends or anomalies before they become a problem. By monitoring space occupancy and traffic patterns, customers can ensure their employees, clients, and visitors are comfortable while they’re in the building and analyze their behavior to improve operational efficiency.
VergeSense provides customers with real-time views of how people interact with workspaces so they can better understand how to optimize operations for maximum productivity and cost savings. The platform leverages data collected from sensors deployed throughout buildings to create detailed reports about occupancy levels, space utilization, employee engagement, movement paths throughout buildings, and compliance with safety procedures. This data can be used as part of a larger strategy for improved efficiency, productivity, and cost control initiatives.
VergeSense integrates AI capabilities into its analytics products. Hence, customers can access automated analytics insights that optimize processes such as office layouts or adjustments made in response to changing workflows due to COVID-19 or other events. In addition, it is designed for easy deployment with minimal disruption or interference with existing workplace systems so that companies will not incur costly implementation costs associated with installing typical business software programs into workstations or fileservers.
VergeSense Series C Funding
VergeSense recently announced a $60 million Series C financing round, which brings their total raised to over $90 million. This funding will accelerate development and innovation in their workplace analytics solutions.
The company also plans to expand their product teams and invest in advanced AI-powered analytics.
Let’s examine how their technology differs from other workplace analytics solutions.
Overview of Series C funding
VergeSense, an AI-powered workplace analytics platform, has successfully raised $8M Series C to continue its mission of measuring and optimizing the workplace with data and analytics. This Series C brings VergeSense’s total funding to date to $17M.
Series C financing helps finance a company, usually in circumstances where a company’s growth rate has outstripped early stage capital resources. The money raised commonly enables a venture to further expand its operations and customer base while laying the groundwork for monetization or an eventual exit through acquisition or an initial public offering (IPO).
VergeSense is the only workplace analytics solution that uses computer vision and machine learning technology to capture insights into how employees use their office space. It offers valuable data such as real-time desk availability, room occupancy, density levels and facial recognition metrics to increase efficiency and reduce costs associated with unused workspaces.
This additional capital will further aid VergeSense’s growth trajectory across all corporate facilities including offices, warehouses and manufacturing plants and its expansion into new vertical markets such as hospitality, retail, education and healthcare. The company will use this increased funding for research and development initiatives that support continuing product innovation. Additionally, VergeSense plans to invest in customer success programs to deliver enhanced onboarding experiences for businesses looking to integrate smart workplace solutions into their operations.
How the Series C funding will be used
VergeSense recently announced a $20 million Series C Funding round, led by Lerer Hippeau Ventures. The investment is planned to expand the reach of its occupancy detection and workplace analytics technology, and hire additional engineering and customer success team members.
VergeSense uniquely helps businesses take a holistic view of their real estate, using data about how their space is used to understand how employees occupy and interact with the physical environment. This makes it fundamentally different from other workplace analytics solutions that merely measure the number of people who enter or leave an office.
The money raised will enable VergeSense to invest in core product engineering teams, expand sales and customer success channels, drive growth marketing campaigns, fuel product innovation initiatives like its artificial intelligence (AI) auto-tune feature for data quality optimization, and provide in-demand support for customers around the world. Especially as companies shift towards reassessing occupancy as offices begin to return post-COVID-19 restrictions are lifted across many states.
This strategic capital will help VergeSense continue on its trajectory towards becoming the recognized leader in workplace occupancy data insights — revolutionizing how companies understand not only where someone is located within an office but more importantly what they are doing while they’re there.
Conclusion
VergeSense is the leader in workplace analytics, providing businesses with a comprehensive end-to-end solution that is more accurate and cost-effective than other workplace analytics solutions.
VergeSense’s AI-driven workplace insights include real-time occupancy data, intelligent space planning, and automated maintenance alerts. This combined with their customizable dashboard gives businesses unparalleled visibility into their workspace.
VergeSense helps organizations reduce operational costs, increase productivity, and enhance employee satisfaction by understanding how people interact in the physical workspace. With VergeSense, businesses can make informed decisions about their office layout, capacity utilization, and space optimization and have access to powerful insights to improve operations and maximize productivity.
