May 22, 2020

Allegion Ventures Leads Strategic Investment in VergeSense

CARMEL, Ind.–(BUSINESS WIRE)–Allegion Ventures – a $50 million corporate venture fund of Allegion plc – recently led a strategic investment in VergeSense, an AI-powered sensor provider for the workplace. This is Allegion Ventures’ first investment in VergeSense and part of a larger $9-million strategic funding round for the portfolio company. VergeSense plans to use the investment to meet increased customer demand and scale its analytics software platform. Allegion Ventures President Rob Mart


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