Verda Cloud Oy
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Verda Cloud Oy - overview
Established
2020
Location
Helsinki, -, Finland
Primary Industry
IT Infrastructure
About
Founded in 2020, by Ruben Bryon (CEO) and based in Helsinki, Finland, Verda, formerly known as DataCrunch, is a cloud computing provider specialising in GPU-based infrastructure for machine learning, artificial intelligence, and performance computing applications. In April 2026, Verda raised EUR 100 million in venture funding led by Lifeline Ventures, with participation from byFounders, Tesi, and Varma Mutual Pension Insurance Company. The round was part of a larger EUR 100 million equity and debt round. DataCrunch's product portfolio includes GPU instances: These on-demand and long-term instances cater to various computational needs, from training large machine learning models for precision tasks such as FP64 computations.
Customers can configure and deploy instances tailored to specific requirements. GPU Clusters: These are custom-built clusters managed by DataCrunch. These are equipped with NVIDIA GPUs, including the H100 and H200 series, and utilise advanced interconnect technologies, such as NVLINK and InfiniBand, for communication. Serverless Inference: This service offers autoscaling and deployment for model inference.
It eliminates manual setup, enabling customers to deploy models with minimal effort while managing computational resources dynamically. Additional features include ISO 27001-certified security measures, instant machine setup, and engineering support available through a user-friendly dashboard. The company will use the April 2026 funding to accelerate the development of its AI cloud infrastructure, expand into new international markets, and scale its workforce to meet growing demand for AI computing services.
Current Investors
J12 Ventures, byFounders, Tesi
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Analytics & Performance Software, Application Integration Software
Website
www.verda.com
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Series A
Total Amount Raised
Subscriber access only
Verda Cloud Oy - financials
| Fiscal Year Ended | Mar 31, 2019 | Mar 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 71,175 | 41,233.2 | 444,421.7 | - | - | - |
| % Revenue Growth (YoY) | - | (42.1%) | - | - | - | - |
| EBITDA (USD) | 4,933.4 | 6,152.3 | 149,860.9 | - | - | - |
| Operating Income (USD) | 3,420.9 | (8,371.5) | 27,623.8 | - | - | - |
| Operating Margin | 4.8% | (20.3%) | 6.2% | - | - | - |
| % EBITDA Margin | 6.9% | 14.9% | 33.7% | - | - | - |
| NET Income (USD) | 2,614.5 | (8,475.4) | 25,086.2 | - | - | - |
| % Net Margin | 3.7% | (20.6%) | 5.6% | - | - | - |
Verda Cloud Oy - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Venture Debt | Completed | Verda Cloud Oy | - | ||||||||
| Unspecified Round | Completed | Verda Cloud Oy | - | ||||||||
| Venture Debt | Completed | Verda Cloud Oy | - | ||||||||
| Series A | Completed | Verda Cloud Oy | - | ||||||||
| Seed | Completed | Verda Cloud Oy | - |
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