Supercool · 2026-06-18 · 43 min
Some of the biggest, most sophisticated companies in the world have almost no real visibility into one of their largest costs: power. Contracts are complex. Prices swing. Grid capacity is scarce. Costs are rising. For some companies today, electricity can account for 30% to 40% of OpEx. For data centers, access to power determines whether a project begins operating or waits for years in a queue. Verse gives large power buyers visibility into their electricity use, so they can see what they use, what they pay, and where they can reduce costs. For data centers, Verse goes further. Its new product, Dispatch Intelligence, uses on-site batteries and software to make demand more flexible for the grid, helping projects begin operating faster without slowing down compute. This week, Josh talks with Verse co-founder and CEO Seyed Madaeni, who has spent his career at the intersection of power markets, grid software, and large-scale batteries - from PG&E to Tesla to Fluence. Today, Verse announced a $54 million Series B led by Bessemer Venture Partners, with participation from Google Ventures, NVIDIA, and others.
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