About Edammo
Edammo is a Technology company based in Iowa City (United States) founded in 2016, and was acquired by Verseon in October 2022. Data analytics and consulting services are provided to clients. Edammo has raised $165.71 thousand across 1 funding round from investors including Verseon. Its chief executive, as recorded, is Edward Ratner. Its focus areas include Business Services, AI Services, Horizontal and IT Services. Its competitors include Genpact, 1&1 IONOS and Mavenir; 1 of its 3 listed competitors has raised funding.
Company details
Edammo was founded in 2016 and is headquartered in Iowa City, United States. Operations center on data analytics and consulting within the technology and business services sector. Services include data processing, analysis, and strategic advisory for various industries. The company is led by CEO Edward Ratner, with a focus on delivering analytical insights to support decision-making processes in the region and beyond.
- Headquarters Iowa City, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website edammoinc.com
- Social LinkedIn
- Acquired by Verseon (Oct 2022)
Funding Insights of Edammo
Edammo has successfully raised a total of $165.71K through 1 strategic funding round. The most recent funding activity was a Seed round of $165.71 thousand completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $165,710
- Total Rounds 1
- Last Round Seed — $165,710
- First Round $165,710
(Nov 2019)
All 1 funding rounds of Edammo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $165,710 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Edammo
Edammo has secured backing from 1 investor. Prominent investors backing the company include Verseon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Therapeutics are developed in oncology, ophthalmology, and cardiovascular areas. | 2002 | verseon.com | Fremont, United States |
Investor details for Edammo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Edammo
1 people are tracked at Edammo (1 in leadership).
| Name | Role | Group |
|---|---|---|
Edward Ratner | CEO | Leadership |
Complete people profiles for Edammo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Edammo
3 dated milestones of Edammo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Edammo is founded.
- Funding First funding round of $166K.
- Exit Acquired by Verseon.
Competitors of Edammo
Edammo has 3 listed competitors in our database, 1 of them funded. They include Genpact, 1&1 IONOS and Mavenir.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. |
Detailed competitors of Edammo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as Edammo (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 180.07 B | 11,115 | ||
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 132.31 B | 6,146 |
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Frequently Asked Questions about Edammo
Edammo was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Edammo is headquartered in Iowa City, United States. It is registered at Iowa City, Iowa, United States.
Edward Ratner is the CEO of Edammo, as recorded in our data.
Edammo is a funded company, having raised a total of $165.71K across 1 funding round to date. The company's 1st funding round was a Seed of $165.71K, raised on Nov 2019.
Edammo was founded in 2016 and is headquartered in Iowa City, United States. Operations center on data analytics and consulting within the technology and business services sector. Services include data processing, analysis, and strategic advisory for various industries. The company is led by CEO Edward Ratner, with a focus on delivering analytical insights to support decision-making processes in the region and beyond.
Edammo has 1 investor. Key investors include Verseon.
Yes. Edammo was acquired by Verseon in October 2022.