NowVertical

NowVertical

Data analytics software and services provider

Overview

NowVertical helps clients make data-informed decisions by providing data analytics software and services. Its products include the NOW Analytics Toolkit, NowFusion, NowPrivacy, and NowDataBench for data management, privacy, and analytics, applying diagnostic, predictive, and prescriptive models. The company combines proprietary software with expert consulting and support, and earns software subscriptions, consulting fees, and support services. It differentiates by acquiring leading data and analytics companies and keeping them autonomous to broaden capabilities, serving private industry and government in the digital economy.

About NowVertical

Simplify's Rating
Why NowVertical is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Government & Public Sector

Enterprise Software

Company Size

501-1,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2017

Get referred to NowVertical

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 18% to $9.7 million, with EBITDA up 41%.
  • First-half 2026 operating cash flow turned positive at $1 million.
  • Google Cloud revenue surged 77% year over year to $2.5 million in Q2 2026.

What critics are saying

  • Arcusmedia’s July 2026 COREBI ransomware claim threatens customer trust and deal velocity.
  • Andre Garber’s interim CEO search and Philip Jones’ new CFO amplify execution risk through 2026.
  • 85% of Q2 2026 revenue came from top 30 accounts, creating concentration exposure.

What makes NowVertical unique

  • NowVertical’s Google Cloud partnership drove $2.5 million in Q2 2026 revenue.
  • Gross margin reached 50% in Q2 2026, showing services mix discipline.
  • The company retains 92% client tenure above one year, supporting repeatable delivery.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$45.6M

Above

Industry Average

Funded Over

5 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Stock Options

Wellness Program

Hybrid Work Options

Performance Bonus

Professional Development Budget

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Yahoo Finance
Aug 22nd, 2026
NowVertical Group revenue jumps 18% to $9.7M in Q2 2026 as adjusted EBITDA surges 41%

NowVertical Group reported Q2 2026 revenue of $9.7 million, up 18% year-over-year from $8.2 million. The data analytics firm's gross margin improved to 50% from 47% in the prior year, while adjusted EBITDA rose 41% to $1.5 million, representing a 15% margin. The company achieved positive net income of $0.2 million in the first half of 2026, reversing a $1.3 million loss from the same period in 2025. Cash flow from operations turned positive at $1 million, a $5 million improvement from the previous year's $4 million consumption. Core data analytics solutions revenue grew 13% year-over-year, whilst Google Cloud Platform revenue surged 77% to $2.5 million. Client concentration remained strong, with 85% of Q2 revenue coming from top 30 accounts and 92% from clients with over one-year tenure.

CanTech Letter
Aug 20th, 2026
Is NowVertical Group (TSXV:NOW) a buy?

Is NowVertical Group (TSXV:NOW) a buy? Last updated on August 18, 2026 at 5:58pm ADT Ventum Capital Markets analyst Rob Goff says NowVertical Group (NowVertical Group Stock Quote, Chart, News, Analysts, Financials TSXV:NOW) remains on track to strengthen organic growth under co-founder and interim CEO Andre Garber. In an Aug. 18 update, Goff maintained his "Buy" rating on NowVertical but lowered his target to $0.30 from $0.42. "We are maintaining our bullish outlook," Goff said. "The quarterly results were both in line with our forecasts and supportive of our outlook." Goff said the lower target reflects tougher valuations as investors wait for confirmation of the CEO role and continued organic growth. His target is based on 3.3 times his 2027 EV/EBITDA estimate. NowVertical reported Q2 revenue of $9.7-million and Adjusted EBITDA of $1.5-million, in line with Goff's estimates of $9.6-million and $1.5-million. Consensus was $9.6-million and $1.4-million. Revenue rose 18% year-over-year, while Adjusted EBITDA increased 41% from $1.0-million a year earlier. Goff said management continues to shift the business away from lower-margin reselling toward higher-value data analytics and Google-related services. Data analytics revenue rose 7% sequentially to $8.6-million, including $2.5-million of Google Cloud Platform revenue, up 10% from Q1. Revenue from NowVertical's top 30 strategic accounts grew about 24% year-over-year and represented 85% of total revenue, up from 80.7% a year earlier and 55% in 2024. NowVertical generated $1-million of operating cash flow in the first half, compared with a $4-million use of cash a year earlier. The company ended Q2 with $3.9-million of cash and net debt of 1.8 times trailing-12-month Adjusted EBITDA. Goff said acquisitions are unlikely in the near term, but the company is in a stronger position to consider higher-quality targets if organic growth continues. The analyst expects NowVertical to generate Adjusted EBITDA of $6-million on revenue of $40-million in fiscal 2026, improving to Adjusted EBITDA of $8-million on revenue of $44-million in fiscal 2027. Nick Waddell. Founder of Cantech Letter Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider. Ventum Capital Markets analyst Rob Goff has lowered his target on NowVertical Group (NowVertical Group Stock Quote, Chart, News, Analysts,... Ventum Capital Markets analyst Robb Goff cut his target on NowVertical Group (NowVertical Group Stock Quote, Chart, News, Analysts, Financials... Loading more...

GlobeNewswire
Aug 18th, 2026
NowVertical appoints Philip Jones as Chief Financial Officer.

NowVertical appoints Philip Jones as Chief Financial Officer. TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) - NowVertical Group Inc. (TSX-V: NOW) ("NowVertical" or the "Company"), a data and AI solutions and services provider, today announced a change in financial leadership, with Philip Jones being appointed as Chief Financial Officer. Prior to his appointment as CFO, Mr. Jones joined NowVertical in June 2026 as an advisor to management, providing strategic financial and capital markets support. In connection with Mr. Jones appointment as CFO, Christine Nelson has stepped down as CFO. Christine Nelson has been with NowVertical for four years, serving as Chief Financial Officer for the past two years, and has decided to resign from the Company for family reasons. Ms. Nelson will remain with the Company as an advisor until the end of August 2026. Over her tenure, Ms. Nelson built NowVertical's financial reporting engine and was instrumental in its process to strengthen the Company's balance sheet. The Company is deeply grateful for Ms. Nelson's service and leadership through a period of significant change and integration, and wishes her every success in her future endeavors. Mr. Jones is a chartered professional accountant with more than 20 years' experience as a CFO and senior financial leader across public and private companies. His experience includes overseeing finance, operations and administration through periods of rapid growth, transformation and international expansion, as well as working with institutional investors and supporting capital raises, M&A activity and successful exits. "Philip brings a valuable combination of hands-on CFO leadership and extensive capital markets experience," said Andre Garber, Interim Chief Executive Officer of NowVertical. "Since joining as an advisor, he has developed a strong understanding of our business and priorities, and his experience will add important perspective to our financial and capital markets priorities. On behalf of the Company, I would also like to thank Christine for her dedication and important contribution to NowVertical over the past four years. We are sincerely grateful for her service and wish her the very best for the future." About NowVertical Group Inc. NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company's AI-infused first-party and third-party technologies. The Company's scalable AI-infused delivery model enables the business to efficiently deliver data, analytics and AI solutions and services across industries and geographies. For further details about NowVertical, please visit www.nowvertical.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information, please contact: Investor Relations: Bristol Capital Ltd. Stefan Eftychiou [email protected] +1(905)326-1888 x60 Forward-Looking Statements This news release may contain forward-looking statements and forward-looking information (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. All statements in this news release that are not purely historical statements of fact are forward-looking statements. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements can generally be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements are not guarantees of future performance and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. All of the forward-looking statements contained in this press release are qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking statements contained herein are provided as of the date hereof, and the Company does not intend, and does not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.

HookPhish
Jul 14th, 2026
Ransomware Group arcusmedia hits: COREBI(NowVertical).

Ransomware Group arcusmedia hits: COREBI(NowVertical). HookPhish team Summary. In the latest cybersecurity news, COREBI(NowVertical) - an organization based in CA - has fallen victim to a ransomware attack conducted by the group arcusmedia. This data breach, discovered on Jul 14, 2026, 20:10 UTC, underscores the increasing need for proactive cybersecurity defenses as Hookphish continue through 2026. Incident report. | Target Organization | COREBI(NowVertical) | | Threat Group | arcusmedia | | Summary | Nowvertical.comNowVertical is a global data and AI company that transforms data into busin Deadline: 2026-07-21 18:51:00.000000 | | Date of Breach | Jul 13, 2026, 16:43 UTC | | Discovery Date | Jul 14, 2026, 20:10 UTC | | Region | CA | | Business Sector | Technology | How to reduce your ransomware risk. Most ransomware intrusions start with a stolen password or a phishing email. A few proactive steps sharply cut your exposure: * awareness training - close the gap attackers exploit. * keep watch on the dark web - close the gap attackers exploit. Disclaimer. HookPhish does not engage in the exfiltration, downloading, taking, hosting, viewing, reposting, or disclosure of any stolen information. All breach data reported here is sourced from publicly available threat intelligence feeds for awareness purposes only.

Financial Post
Jun 11th, 2026
NowVertical appoints Andre Garber as Interim CEO of the Company.

NowVertical appoints Andre Garber as Interim CEO of the Company. GlobeNewswire Published Jun 11, 2026 Article content Garber to Provide Interim Stewardship as the Company Transitions to New Leadership to Lead an Exciting Phase of Growth Article content TORONTO, June 11, 2026 (GLOBE NEWSWIRE) - NowVertical Group Inc. (TSX-V: NOW) ("NowVertical" or the "Company"), a data and AI solutions and services provider, today announced that the board of directors of the Company (the "Board") has appointed Andre Garber, the Company's Chief Development Officer as Interim Chief Executive Officer of the Company, effective immediately. Article content Advertisement 1 Story continues below Article content To support a new and exciting phase of growth underpinned by NowVertical's deliberate positioning and bolstered by industry tailwinds, the Board, led by Chair Elaine Kunda, has commenced a search for a permanent CEO. The Board anticipates that the Company's next permanent leader will have experience and expertise in leading enterprise data and AI transformation conversations, while continuing to scale a global multi-geography services business profitably, and drive both M&A integration and organic growth. Article content Top Stories Interested in more newsletters? Browse here. Article content Mr. Garber as a co-founder of the business and its CDO, has played an important stewardship role during times of transition at the Company. He will be supported in his role by NowVertical's strong and experienced senior leadership team, including market leaders Santiago Trógolo, EVP LATAM and Shailesh Mallya, EVP Solutions & Services, as well as Pankaj Ghag, EVP Program Delivery and Operations. Article content "In a dynamic and ever-evolving business environment, the Board has maintained a well-established track record of ensuring NowVertical has the right leaders in place to support the growth of business," said Elaine Kunda, Board Chair. "We are grateful to Andre for his continued stewardship while we transition to new leadership at an exciting time in our history as a company." Article content Advertisement 2 Story continues below Article content "Our customers, employees and shareholders can rest assured that our team remains laser focused on executing on the exciting opportunity set in front of us," said Andre Garber, Interim CEO. "Our business remains strong and we continue to announce the achievement of new milestones. We remain well positioned to continue to execute on strong and growing demand for AI-infused solutions and delivery." Article content NowVertical also announced that the Company's former CEO Sandeep Mendiratta has concluded his tenure as CEO. Article content About NowVertical Group Inc. Article content NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company's AI-infused first-party and third-party technologies. The Company's scalable AI-infused delivery model enables the business to efficiently deliver data, analytics and AI solutions and services across industries and geographies. Advertisement 1 Advertisement 2 Article content For further details about NowVertical, please visit www.nowvertical.com. Article content Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Article content For further information, please contact: Article content Investor Relations: Bristol Capital Ltd. Stefan Eftychiou [email protected] +1(905)326-1888 x60 Article content Forward-Looking Statements Article content This news release may contain forward-looking statements and forward-looking information (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events, including statements regarding opportunities available to the Company, client revenue opportunities, opportunities to capitalize on strategic accounts, the Company's ability to grow its revenue and the potential benefits and the ability of the Company to identify a full time CEO. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding the Company's expected revenue growth, the continued success and expected benefits of the Company's current positioning, the Company's expected revenue, the Company's search for a full time CEO, and any statements regarding the Company's beliefs, plans, expectations, future, strategy, objectives, goals and targets. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Article content Advertisement 3 Story continues below Article content Forward-looking statements can generally be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of the Company's partnership with Google; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.com, including the Company's managements discussion and analysis for the year ended December 31, 2025 and subsequent filings. Forward-looking statements are not guarantees of future performance and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Article content Advertisement 4 Story continues below Article content All of the forward-looking statements contained in this press release are qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking statements contained herein are provided as of the date hereof, and the Company does not intend, and does not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law. Article content Advertisement 2 Quick Picks Let ADT set up security while you settle inMaking your new house a home can be hectic. Let us give you a hand. Our pros can install a system with tech designed to help keep you safe.ADT | Sponsored All Inclusive meal planWake up in JOIA Aruba enjoying 20% off + All Inclusive* meal plan. Book now!Iberostar Joia Aruba | Sponsored Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.

Recently Posted Jobs

Sign up to get curated job recommendations

NowVertical is Hiring for 11 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →