Verda
About Verda
Verda is a AI Infrastructure startup based in Helsinki, Finland that has raised $194M in venture capital across 3 funding rounds since 2020. The company reached Series B stage in October 2024 with a $13M round led by byFounders. Verda's investor base includes 8 institutional funds, with Lifeline Ventures leading the most recent equity round.
Verda (formerly DataCrunch) is a vertically integrated AI cloud infrastructure provider headquartered in Helsinki, Finland, offering GPU instances, instant clusters, serverless containers, managed inference endpoints, and confidential computing — all running on 100% renewable Nordic energy. Founded in 2020 by Ruben Bryon, the company owns and operates its own servers, data centres, and developer tooling in Finland and Iceland, positioning itself as a sovereign European alternative to AWS, Azure, and GCP for AI workloads. Verda reached $100M ARR in June 2026 — a 10x increase in 18 months — and is already cash-flow positive, with customers including Nokia, Sony, ExpressVPN, and Freepik. After rebranding from DataCrunch in November 2025, the company has raised $194M across three rounds led by byFounders and Lifeline Ventures.
Verda Funding Rounds Timeline
3 rounds · $194M raised · since 2020
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Seed | October 2024 | $13M | — | byFounders | J12 Ventures, LocalTapiola, Nordea |
| Series A | September 2025 | $64M | — | byFounders | Skaala, Varma, Tesi, J12 Ventures |
| Series B | April 2026 | $117M | — | Lifeline Ventures | byFounders, Tesi, Varma |
Investors in Verda
8 institutional investors across 3 rounds
Lead investors
Co-investors
Recent news about Verda
Questions about Verda
How much has Verda raised?
Verda has raised $194M across 3 funding rounds since 2020.
Who are the investors of Verda?
Verda's investors include Lifeline Ventures, byFounders, Tesi, J12 Ventures, Varma, Skaala, LocalTapiola, Nordea.
When was Verda's last funding round?
Verda's most recent round was a $13M Seed in October 2024, led by byFounders.
Where is Verda headquartered?
Verda is headquartered in Helsinki, Finland, and was founded in 2020 by Ruben Bryon.