Verkada

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Verkada is a leader in cloud-managed enterprise building security, enabling over 15,000 organizations worldwide to protect their people and assets while prioritizing privacy. Designed with simplicity in mind, Verkada’s seven product lines – video security cameras, door-based access control, environmental sensors, alarms, visitor management, mailroom and intercom – provide unparalleled visibility through a single secure cloud-based software platform. The company was founded by computer scientists and security experts from Stanford University, and Hans Robertson, the former co-founder and COO of Cisco Meraki. Verkada is headquartered in San Mateo, CA with offices in Salt Lake City, Tampa, Phoenix, Austin, London, Sydney, and Taiwan.

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3.5

Overall Excellence Rating

Industry

Cloud Computing

Category

Software Development

ESG/Ethical Impact

Verkada, a leading provider of cloud-based security and surveillance solutions, places a significant emphasis on ESG (Environmental, Social, and Governance) considerations that deeply influence its operations and interactions with stakeholders. In terms of environmental impact, Verkada is committed to minimizing its carbon footprint through sustainable practices, energy-efficient technology solutions, and responsible resource management across its operations. The company’s commitment to social responsibility is evident through its focus on fostering diversity and inclusion within its workforce, creating an inclusive work environment that values equality, employee development, and well-being. Verkada actively engages in community support initiatives and philanthropic projects, positively impacting the security communities it serves. On the governance front, the company upholds high ethical standards, ensuring transparency, accountability, and compliance with regulations to safeguard the interests of its clients, partners, and stakeholders. By integrating ESG principles into its core strategies, Verkada not only aligns its business with responsible practices but also positions itself as a preferred choice for clients and stakeholders who prioritize security solutions, sustainability, ethical behavior, and long-term value creation. Verkada’s steadfast commitment to ESG considerations translates into notable financial benefits. The company’s focus on environmental sustainability leads to cost savings through energy-efficient technology solutions, streamlined operations, and responsible technology development, contributing to improved financial efficiency. By prioritizing diversity and inclusivity, Verkada gains access to a broader talent pool, fostering innovation, advanced problem-solving capabilities, and increased competitiveness within the security and surveillance industry. The company’s involvement in social initiatives and community engagement enhances its brand reputation, fostering client loyalty and driving sustained revenue growth. From a financial perspective, robust governance practices enhance risk mitigation, regulatory compliance, and investor trust, potentially leading to favorable financial outcomes and lower capital costs. As the market increasingly values companies with strong ESG performance, Verkada’s comprehensive approach not only aligns with its ethical values but also positions the company for long-term financial resilience, market leadership, and success in the evolving landscape of security and surveillance technology and responsible business practices.

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Awards Received

2023

Revenues

$575,400,000.00

Website Traffic

Employee Rating

3.7

Customer Rating

4.3

Company Size

1000-5000

ESG Risk Rating

3

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