VergeIO Nears Triple-Digit Y/Y Gains In Key Metrics

VergeIO, Inc. recorded another record-breaking quarter with key wins in new customers, annual recurring revenue and expanded partnerships to place the company in a position of strength for sales and marketing gains throughout 2025.

Backed by enhancements to the VergoOS platform, VergeIO booked 100% more new annual contract value (ACV) than the prior quarter and 12% more than VergeIO’s previous record set in Q1 2024. Closings of new customers during the quarter likewise nearly doubled, achieving a new company record of new logo closings in a quarter.

Inbound webforms received grew to over 2,000 during Q4 setting a new record by 100%. Increased channel investments have resulted in nearly 100 new partners in Q4, resulting in a record 140 deals in the quarter. To date, VergeIO has interacted with 9,000 companies, providing avenues for expanded deal opportunities for years to come.

Buoyed by its success as a viable alternative to VMware, VergeIO made additional gains with those looking to leverage VergeOS for AI workloads. A global hyperscaler is funding a PoC showing how VergeOS can virtualize NVIDIA’s latest GPU to be used remotely on another host for AI workloads. Additionally, the company demonstrated to analysts and media at AWS Re:Invent record-setting performance on inexpensive hardware and, in partnership with Solidigm, on enterprise gear.

This fourth-quarter success marks the jumping-off point for future endeavors planned by the company. VergeIO anticipates winning additional new enterprise accounts with the launch of VergeOS on a global data center provider’s bare-metal offerings.

“Thanks to our team’s hard work, ingenuity, and an awesome product in VergeOS, Q4 2024 was another record-setting quarter for VergeIO,” said Yan Ness, CEO, VergeIO. “With a pipeline and forecast significantly higher than where we started Q4, we are set up for a great start to 2025.“