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Ormuco Revenue & Funding (2024)

Ormuco generated an estimated $9.8M in annual revenue in 2024. Source: GetLatka estimate

Developer of an enterprise software designed to provide the unlimited on-demand provisioning and scalability necessary to meet any production requirements. The company's software addresses the common challenges of adopting hyperscale public clouds such as performance, latency, data compliance and industry regulations and delivers systems that self heal, repair, troubleshoot and prevent issues before they impact users, enabling businesses to build and operate applications and services and regain control of their budget, time and resources.

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Ormuco Revenue

In 2024, Ormuco's revenue reached $9.8M. The company previously reported $1.5M in 2024. Since its launch in 2008, Ormuco has shown consistent revenue growth.

Ormuco Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$2.5M$5M$7.5M$10M$12.5M200820102012201420162018202020222024$0$1.1M$1M$9.8MSource: GetLatka.com
YearMilestoneSource
2024Ormuco Hit $9.8m revenue in November 2024Estimated
2024Ormuco Hit $1.5m revenue in October 2024Estimated
2023Ormuco Hit $1m revenue in October 2023Estimated
2021Ormuco Hit $1.1m revenue in April 2021Not recorded
2008Launched with $0 revenue

Ormuco Valuation, Funding Rounds

Ormuco has not publicly disclosed its valuation. The company has raised $4M in total funding to date.

Ormuco has raised $4M in total funding across 1 round, with its most recent round in 2019.

Ormuco Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$1M$0.4$2M$0.6$3M$0.8$4M$1$5M2008201020122014201620182019Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2019Funding round$4M--Not recorded

Founder / CEO

Orlando Bayter

CEO

Orlando was only 24 years old when he founded Ormuco in 2008, after having worked in the IT field for many years as a consultant. n 2009, only one year later, he had positioned his company at the top of its sector by becoming the fifth Canadian supplier to obtain a license from the CRTC to provide Internet services, telephony and television acrossCanada. In 2010 he founded Voix Video Data to deliver cabling and electrical solutions and in 2011 he founded Virtual V Data to provide near shore outsourcing services for Contact Centres. Orlando holds a BA in Electrical and Mechanical Engineering and Master’s Degrees in Electrical Engineering and Management. Always striving to provide the best service possible to his clients, he is an integral part of complex telecom solutions, sharing his views and knowledge. His total commitment to quality is expressed by the attention with which he ensures the well-being of his employees and of his clients.

Customers

We do not have customer count information for Ormuco yet.

Ormuco Employees & Team Size

Ormuco employs approximately 24 people as of 2026.

Ormuco Team GrowthReported headcount over time0815233038200820102012201420162018202020222024002424Source: GetLatka.com
YearMilestoneSource
2024Reached 24 employees (October 2024)Not recorded
2023Reached 24 employees (October 2023)Not recorded
2022Reached 27 employees (October 2022)Not recorded
2021Reached 30 employees (December 2021)Not recorded
2021Reached 34 employees (April 2021)Not recorded

Frequently Asked Questions about Ormuco

What is Ormuco's revenue?

As of 2024, Ormuco generated an estimated $9.8M in annual revenue.

Who founded Ormuco?

Ormuco was founded by Orlando Bayter.

Who is the CEO of Ormuco?

The CEO of Ormuco is Orlando Bayter.

How much funding does Ormuco have?

Ormuco raised $4M across 1 round.

How many employees does Ormuco have?

As of 2024, Ormuco had 24 employees.

Where is Ormuco headquartered?

Ormuco is headquartered in Montreal, Quebec, Canada.

Compare Ormuco to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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