Verdigris Technologies

Verdigris Technologies

verdigris.co·United States·Updated Aug 16, 2017

IoT and AI platform for commercial building energy management using sensor clamps on electrical circuits and SaaS software to reduce energy costs.

SaaSHardwareAIAnalytics

Est. Valuation

$15.6M

$15,600,000 · 5× ARR estimate

Monthly Revenue (MRR)

$260K

$260,000/mo

Annual Revenue (ARR)

$3.1M

$3,120,000/yr

Employees

30

Founded

2011

Verdigris Technologies Revenue History

Revenue history for Verdigris Technologies from 2017 to 2026.

YearMRRARRYoY GrowthSource
2017$260,000$1,200,000Aug 2017

How Verdigris Technologies Makes Money

mixed

Verdigris Technologies Funding

Verdigris Technologies is fully bootstrapped with no outside funding. The company has grown to $3,120,000 ARR organically.

Verdigris Technologies Founders

Mark Chung

Co-founder

Thomas Chung

Co-founder

Jonathan Chu

Co-founder

Verdigris Technologies FAQ

How much does Verdigris Technologies make?
Verdigris Technologies generates $260,000 in monthly recurring revenue (MRR), which is $3,120,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Verdigris Technologies's valuation?
Verdigris Technologies's estimated valuation is $15,600,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Verdigris Technologies?
Verdigris Technologies was founded in 2011 by Mark Chung (Co-founder), Thomas Chung (Co-founder), Jonathan Chu (Co-founder). The company is based in US.
Is Verdigris Technologies bootstrapped?
Yes, Verdigris Technologies is fully bootstrapped with no outside funding. The company has grown to $3,120,000 ARR organically.
What does Verdigris Technologies do?
IoT and AI platform for commercial building energy management using sensor clamps on electrical circuits and SaaS software to reduce energy costs. Verdigris Technologies operates in the SaaS, Hardware, AI space.

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How We Estimate Verdigris Technologies's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.