Veritone

AI-powered data analytics and insights platform

Costa Mesa, California, United States

About Veritone

Veritone provides AI-powered solutions through its proprietary platform, aiWARE, which helps businesses and government organizations convert audio, video, and other data into actionable insights. The aiWARE platform orchestrates various machine learning models to analyze data, enabling clients to make informed decisions based on complex information. Unlike many competitors, Veritone focuses on industry-specific AI applications tailored for sectors such as media, legal, and public safety. The company's goal is to optimize operations and enhance decision-making processes for its diverse clientele by offering customized AI solutions and licensing its aiWARE platform.

Costa Mesa, CaliforniaHeadquarters
2014Year Founded
$67MTotal Funding
IPOCompany Stage
Data & Analytics, AI & Machine LearningIndustries
501-1,000Employees

Benefits

Competitive salary
Flexible PTO
Remote first environment
Recognition programs
Stock options
Mindfulness resources
401K matching
Medical, dental, & vision coverage

Risks

Increased competition from AI providers like C3.ai and Palantir Technologies.
Potential over-reliance on partnerships with large platforms like AWS.
Expansion into international markets may lead to regulatory and compliance challenges.

Differentiation

Veritone's aiWARE platform orchestrates diverse machine learning models for data analysis.
The company offers industry-specific AI solutions for media, legal, and public safety sectors.
Veritone transforms complex data into actionable insights, enhancing decision-making for clients.

Upsides

Growing demand for AI analytics in law enforcement boosts Veritone's Contact Analytics tool.
Integration with AWS Marketplace expands Veritone's reach and accessibility for AI services.
Veritone's Data Refinery addresses the need for transforming unstructured data into AI-ready assets.

Funding

Total raised$67.02 M
Latest valuation$208.10 M
StageIPO
POST IPO EQUITY
12/31/2024
$20
$4
POST IPO DEBT
10/31/2021
$201
IPO
4/30/2017
$38
$208.10 M