Verda Valuation, Funding & Investors

Verda is valued at $1B as of September 2026.

See full Verda profile

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

Verda Overview

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

FinlandHelsinki

Website

verda.com

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

Verda valuation by funding round
DateStageValuation
Sep 2026Series 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

Verda funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2026Series BEmergence Capital (lead); MUFG Innovation Partners; Lifeline Ventures; Tesi; 6 Degrees Capital; byFounders; Varma Mutual Pension Insurance Company; Supermicro$189M$1BEmergence 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 2026Undisclosed stageLifeline 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 2025Series AbyFounders (lead); Skaala (lead); Tesi (lead); Varma Mutual Pension Insurance Company (lead); J12$65M--
Oct 2024SeedbyFounders (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 2021Pre-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

Investors in Verda by funding rounds participated
InvestorHQRoundsRoleFirst check
byFoundersDenmarkCopenhagen4LeadOct 2024
TesiFinlandHelsinki3LeadSep 2025
Varma Mutual Pension Insurance CompanyFinlandHelsinki3LeadSep 2025
Lifeline VenturesFinlandHelsinki2LeadApr 2026
J12SwedenStockholm2ParticipantOct 2024
Tuomo RiekkiUnited StatesSan Francisco, CA1ParticipantOct 2024
MUFG Innovation PartnersJapanTokyo1ParticipantSep 2026
Maaike BryonBelgiumBruges1ParticipantOct 2024
Emergence CapitalUnited StatesSan Francisco, CA1LeadSep 2026
Nal KalchbrennerSwitzerlandZug1ParticipantOct 2024
Henrik RosendahlUnited StatesSan Francisco, CA1ParticipantOct 2024
6 Degrees CapitalUnited KingdomUnited Kingdom1ParticipantSep 2026
SkaalaEstoniaTallinn1LeadSep 2025

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Verda Competitors

Verda competitors include listed companies like Corvex and C3.ai, and private ones like Krutrim, Inspur Cloud, Redpanda Data and Velaura AI.

Public and private companies comparable to Verda
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
KrutrimIndiaBangalorePrivate--$1B-
Inspur CloudChinaJinanPrivate--$1B-
CorvexUnited StatesUnited StatesPublicly listed$433K($15M)$211M-
Redpanda DataUnited StatesSan Francisco, CAPrivate--$1B-
Velaura AIUnited StatesSan Jose, CAPrivate--$1B-
C3.aiUnited StatesUnited StatesPublicly listed$250M($484M)$1.9B5.3x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Systena$599M$105M1.3x1.3x7.3x-
VNET Group$1.5B$466M3.6x3.1x11.4x10.0x
POET Technologies$1M($60M)103.6x20.4x(1.9x)-
Net263$120M($29M)7.0x-(28.7x)-
Pasqal$18M($89M)54.7x-(11.3x)-
cyber_Folks$217M$69M4.8x3.8x15.1x11.7x
Beijing Topnew Info$39M($4M)22.2x-(242.4x)-
Xanadu$3M($47M)189.0x73.5x(13.4x)(7.6x)

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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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