Fundraising Fox

Verdagy

Moss Landing, US · Founded 2021 · Delaware corporation · 5 known investors

verdagy.com

Verdagy develops water electrolysis systems for producing zero carbon intensity green hydrogen, using a patented single-cell architecture that pairs in real time with variable renewable energy sources. Its electrolyzers target industrial hydrogen users in chemicals, oil & gas, e-fuels, mobility, and steel, aiming for low levelized cost of hydrogen without subsidies.

CleantechEnergyHardware

Founders & leadership

Verdagy was founded in 2021 by Ryan Gilliam.

RGRyan Gilliam
Ryan GilliamFounder
MNMarty Neese
Marty NeeseExecutive
RB
Rahul Bammiin

Board

RSRajesh Swaminathan
Rajesh Swaminathanin𝕏Board directorInvestor at Khosla Ventures
AAAnil Achyuta
Anil AchyutainInvestor and Board Member2022–2025Investment Managing Director at TDK Ventures

Investors · 5

Reported raises · per SEC filings

Form D private placements

$47.7M disclosed across 2 rounds · 2021–2023

$28.7MraisedAug 2023 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Anil AchyutaDirector
  • Ryan GilliamDirector
  • Marty NeeseExecutive Officer, Director, Promoter
  • Eric OlsenDirector
  • Rajesh SwaminathanDirector
  • Vikas GuptaDirector
Offering amount
$35.5M
Amount sold
$28.7M
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$19MraisedApr 2022 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Rajesh SwaminathanDirector
  • Anil AchyutaDirector
  • Marty NeeseExecutive Officer, Director, Promoter
  • Ryan GilliamDirector
Offering amount
$19M
Amount sold
$19M
First sale
Dec 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Companies competing with Verdagy for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Verdagy do?
Verdagy develops water electrolysis systems for producing zero carbon intensity green hydrogen, using a patented single-cell architecture that pairs in real time with variable renewable energy sources. Its electrolyzers target industrial hydrogen users in chemicals, oil & gas, e-fuels, mobility, and steel, aiming for low levelized cost of hydrogen without subsidies.
Who founded Verdagy?
Verdagy was founded by Ryan Gilliam in 2021.
Who are Verdagy's investors?
Verdagy's investors include Orbia Ventures, Yara Growth Ventures, Energy Impact Partners, Khosla Ventures, TDK Ventures.
How much funding has Verdagy raised?
Verdagy has disclosed $47.7M raised across 2 rounds.
Where is Verdagy headquartered?
Verdagy is headquartered in Moss Landing, US.