CARMEL, Ind., May 22, 2020-- 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 Martens said its strategic investment in VergeSense was made after a comprehensive review of technologies making an impact in the commercial real estate market.