Ormuco revenue hit $1M in 2024

Ormuco generates revenue from customers

Ormuco

Montreal, Quebec, Canada

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Ormuco hit $1M revenue with a 24 person team in 2023.

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.

Founded

2008

Founded

Revenue

$1M

2023 Revenue

YOY

-2%

YOY

Funding

$4M

Funding

Ormuco Revenue

In 2023, Ormuco revenue run rate hit $1M in revenue.

  • 2023

    Ormuco hit $1M in revenue in 2023

  • 2021

    Ormuco hit $1.1M in revenue in 2021

  • 2008

    Ormuco launched in 2008 with $0 revenue

Ormuco Funding History

  • 2019

    Ormuco raised a of in August, 2019

FUNDING DATE ROUND AMOUNT VALUATION
August, 06 2019

Team

Ormuco has 24 total employees.

DISTRIBUTION QTY
Total team size 24

Founder / CEO

Orlando Bayter

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.

Q&A

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Customers

Churn

Ormuco Executives

Name Position Working Email Personal Email
Orlando Bayter CEO [email protected] -

Ormuco Employees

Name Position Working Email Personal Email
Orlando Bayter CEO [email protected] -

Frequently Asked Questions about Ormuco

  • When was Ormuco founded?

    Ormuco was founded in 2008.

  • How much revenue does Ormuco generate?

    Ormuco generates $1M in revenue.

  • Who is the CEO of Ormuco

    The CEO of Ormuco is Orlando Bayter.

  • How much funding does Ormuco have?

    Ormuco raised $4M.

  • How many employees does Ormuco have?

    Ormuco has 24 employees.

  • Where is Ormuco headquarters?

    Ormuco is headquartered at Montreal, Quebec, Canada

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