- Companies
- Verda
Verda Valuation, Funding & Investors
Verda is valued at $1B as of September 2026.
Last Verda valuation
$1B
Series B · Sep 2026
Last Verda funding round
$189M
Series B · Sep 2026
Cumulative funding Verda raised
$378M
across 5 funding rounds
Key investors in Verda
byFounders
Tesi
Varma Mutual Pension Insurance Company
Lifeline Ventures
J12
Emergence Capital
About Verda
Verda is a cloud infrastructure provider optimized for AI workloads with GPU-accelerated resources. Based in the United States, it supplies virtual machines, bare metal servers, instant Kubernetes clusters, and high-performance block storage. Verda's platform caters to machine learning training and inference needs of AI developers and enterprises.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based, Subscription
Valuation
$1B (Sep 2026)
Verda Valuation
Verda is currently valued at $1B, based on its Series B in September 2026.
The $189M round was led by Emergence Capital, with participation from MUFG Innovation Partners, Lifeline Ventures, Tesi, 6 Degrees Capital, byFounders and 2 other investors.
Verda valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2026 | Series B | $1B |
Verda Funding History
Verda has raised a total of $378M across 5 funding rounds.
Verda's first fundraising round was a $1M pre-seed round in November 2021. The most recent completed round was a $189M Series B in September 2026.
Verda funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2026 | Series B | Emergence Capital (lead); MUFG Innovation Partners; Lifeline Ventures; Tesi; 6 Degrees Capital; byFounders; Varma Mutual Pension Insurance Company; Supermicro | $189M | $1B | Emergence Capital led Verda’s oversubscribed Series B in September 2026, with the company raising $189 million and saying the financing valued it at at least $1 billion. The round included MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, 6 Degrees Capital, byFounders, Tesi, and angel investors including Ola Tørudbakken and Mark Saroufim. The transaction was announced in connection with Verda’s rebrand from DataCrunch and was described as new funding for the company’s next growth phase. Verda, headquartered in Helsinki, is the former DataCrunch and operates a full-stack AI cloud focused on expanding compute capacity and platform capabilities. The financing was presented as support for scaling infrastructure, with reported plans to expand operations to more than 250 MW in 2027. The company was described as Europe’s newest unicorn after the round, with the financing structure characterized as an oversubscribed Series B rather than an acquisition or SPAC transaction. The company’s business centers on AI cloud infrastructure and GPU compute for enterprise workloads, positioning it against major cloud providers. The round’s investor mix combined venture capital, strategic corporate backing, pension capital, and angel participation, reflecting both infrastructure scale-up needs and ecosystem support for continued expansion. |
| Apr 2026 | Undisclosed stage | Lifeline Ventures (lead); Tesi; byFounders; Varma Mutual Pension Insurance Company | $116M | - | Verda (formerly DataCrunch) raised $117 million (EUR 100 million) in April 2026 in a combined equity and debt financing round led by Lifeline Ventures, with participation from byFounders, Tesi, Varma, and other investors. Debt financing was provided by Nordic financial institutions including Nordea, Armada Credit Partners, Danske Bank, Norion Bank, and LocalTapiola. The funding accelerates product development for Verda's AI cloud infrastructure platform, built for machine learning workloads with GPU instances powered by renewable Nordic energy and priced up to 90% cheaper than AWS or Azure. Verda plans global expansion into the UK, US, and Asia, with over 100 new hires targeted by year-end 2026. Operations are cash-flow positive, with revenue run rate more than doubling to over $60 million in Q1 2026. Founded in 2020 by Ruben Bryon in Helsinki, Verda previously raised $13 million in seed funding and $64 million in Series A in January 2026 led by byFounders with Skaala, Varma, Tesi, and debt providers. |
| Sep 2025 | Series A | byFounders (lead); Skaala (lead); Tesi (lead); Varma Mutual Pension Insurance Company (lead); J12 | $65M | - | - |
| Oct 2024 | Seed | byFounders (lead); Tuomo Riekki; Maaike Bryon; Nal Kalchbrenner; Henrik Rosendahl; Ari Tulla; Tapio Tolvanen; Anders Bo Pedersen; Lasse Espeholt; Oskari Saarenmaa; Ruben Bryon; J12 | $8M | - | Verda (formerly DataCrunch) raised a $7.6M seed VC round on October 21, 2024, led by byFounders with participation from J12 Ventures, Oskari Saarenmaa, and Tuomo Riekki. The investors match the query including additional angels like Anders Bo Pedersen, Ari Tulla, Henrik Rosendahl, Lasse Espeholt, Maaike Bryon, Nal Kalchbrenner, Ruben Bryon, Tapio Tolvanen[query]. Verda operates as an AI cloud platform, later raising a $64M Series A in 2025 led by byFounders, Skaala, Varma, and Tesi to deploy advanced NVIDIA Blackwell systems and expand in Europe. |
| Nov 2021 | Pre-seed | - | $1M | - | - |
Who has invested in Verda?
20 investors have backed Verda across its funding rounds, including byFounders, Tesi, Varma Mutual Pension Insurance Company, Lifeline Ventures, J12 and Emergence Capital.
Lead investors include Emergence Capital, Lifeline Ventures, byFounders, Skaala, Tesi and 1 other investor.
Verda Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Oct 2024 | ||
| 3 | Lead | Sep 2025 | ||
| 3 | Lead | Sep 2025 | ||
| 2 | Lead | Apr 2026 | ||
| 2 | Participant | Oct 2024 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Lead | Sep 2026 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Lead | Sep 2025 | ||
This data is available for Pro users. Sign up to see all 20 Verda investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialVerda Competitors
Verda competitors include listed companies like Corvex and C3.ai, and private ones like Krutrim, Inspur Cloud, Redpanda Data and Velaura AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $433K | ($15M) | $211M | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $250M | ($484M) | $1.9B | 5.3x |
Verda Public Comps
Verda is still privately-owned, but its public comps include Systena, VNET Group, POET Technologies, Net263, Pasqal, cyber_Folks, Beijing Topnew Info, Xanadu, E2E Networks and Montnets.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $599M | $105M | 1.3x | 1.3x | 7.3x | - | |||
| $1.5B | $466M | 3.6x | 3.1x | 11.4x | 10.0x | |||
| $1M | ($60M) | 103.6x | 20.4x | (1.9x) | - | |||
| $120M | ($29M) | 7.0x | - | (28.7x) | - | |||
| $18M | ($89M) | 54.7x | - | (11.3x) | - | |||
| $217M | $69M | 4.8x | 3.8x | 15.1x | 11.7x | |||
| $39M | ($4M) | 22.2x | - | (242.4x) | - | |||
| $3M | ($47M) | 189.0x | 73.5x | (13.4x) | (7.6x) | |||
This data is available for Pro users. Sign up to see all Verda competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Verda
| When was Verda founded? | Verda was founded in 2020. |
| Where is Verda headquartered? | Verda is headquartered in Helsinki, Finland. |
| Is Verda publicly listed? | No, Verda is a private, VC-backed company. |
| What is Verda's valuation? | Verda was last valued at $1B in its Series B in September 2026. |
| How much funding has Verda raised? | Verda has raised $378M across 5 funding rounds. |
| What was Verda's last funding round? | Verda's last funding round was a $189M Series B in September 2026, led by Emergence Capital. |
| Who are Verda's investors? | Verda's investors include byFounders, Tesi, Varma Mutual Pension Insurance Company, Lifeline Ventures, J12, Tuomo Riekki, MUFG Innovation Partners, Maaike Bryon, Emergence Capital, Nal Kalchbrenner and 10 others. |
| Which companies are comparable to Verda? | Companies comparable to Verda include Krutrim, Inspur Cloud, Corvex, Redpanda Data, Velaura AI and C3.ai. |
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