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 September 2026, Verda Cloud Oy raised EUR 163 million in series B funding led by Emergence Capital, with participation from 6 Degrees Capital, Endur ASA, Super Micro Computer, Inc. , MUFG Innovation Partners, Varma Mutual Pension Insurance Company, Tesi, byFounders, and Lifeline Ventures. 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 plans to use the September 2026 funding to expand its AI cloud infrastructure, increase compute capacity, accelerate product development, and support growth across Europe, the US, and Asia.


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 B

Total Amount Raised

Subscriber access only

Verda Cloud Oy - financials

Fiscal Year EndedMar 31, 2019Mar 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)71,17541,233.2444,421.7---
% Revenue Growth (YoY)-(42.1%)----
EBITDA (USD)4,933.46,152.3149,860.9---
Operating Income (USD)3,420.9(8,371.5)27,623.8---
Operating Margin4.8%(20.3%)6.2%---
% EBITDA Margin6.9%14.9%33.7%---
NET Income (USD)2,614.5(8,475.4)25,086.2---
% Net Margin3.7%(20.6%)5.6%---

Verda Cloud Oy - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series BCompletedVerda Cloud Oy-
Venture DebtCompletedVerda Cloud Oy-
Venture DebtCompletedVerda Cloud Oy-
Unspecified RoundCompletedVerda Cloud Oy-
Series ACompletedVerda Cloud Oy-

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