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+11.19%
Close of 9 Nov 2026, in USD
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About Veritone
From its filings with the US Securities and Exchange Commission
Veritone is based in Irvine, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker VERI. The SEC classifies its business as computer processing & data preparation. In the fiscal year to 31 December 2024, it reported revenue of $92.6m.
Veritone, Inc. (collectively with our subsidiaries, referred to as “Veritone,” “Company,” “we,” “our,” and “us”) is a provider of artificial intelligence (“AI”) computing solutions. We are driven by the belief that AI is key to building a safer, more efficient, transparent and empowered society. Our mission is to be an active contributor to making the world better through AI. As creators of one of the world’s first AI operating systems, we are augmenting the human workforce by transforming use-case concepts into tangible, industry-leading applications and solutions.
Our proprietary AI operating system, aiWARE™, uses machine learning algorithms, or AI models, together with a suite of powerful applications, to reveal valuable insights from vast amounts of structured and unstructured data. aiWARE serves as the foundation for our AI solutions and bespoke applications and offers access to hundreds of cognitive categories through one common software infrastructure. Highly modular and customizable, aiWARE enables expansive scale with the flexibility to deploy in the cloud, at the edge or in hybrid environments. Our aiWARE platform offers capabilities that are designed to mimic human cognitive functions such as perception, prediction and problem solving, enabling users to quickly, efficiently and cost effectively transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights.
Quoted from its 10-K, filed 15 Apr 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Software
- Listed since
- 12 May 2017
- Employees
- 437
- Website
- veritone.com ↗
- Head office
- 5291 CALIFORNIA AVENUE, IRVINE, CA, 92617
- Incorporated in
- DE
- Classification
- Services-Computer Processing & Data Preparation
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Ryan SteelbergChairman of the Board, President, Chief Executive Officer, Co-Founder, since 2014$3.8m
- Mr. Michael ZemetraChief Financial Officer, Executive Vice President, Treasurer$1.4m
- Mr. Michael KeithleyDirector$98,175
- Mr. Knute KurtzIndependent Director$133,800
- Mr. Francisco MoralesIndependent Director
- Mr. Richard TaketaIndependent Director$133,800
- Mr. Michael ZilisIndependent Director$116,300
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 20
- Environment
- 1
- Social
- 47
- Governance
- 12
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Advanced AI Technology: Veritone Inc leverages its cutting-edge artificial intelligence (AI) technology to provide innovative solutions in the fields of cognitive computing, data analytics, and automation, enabling businesses to make more informed decisions and boost efficiency.
- Wide Range of Applications: Veritone's AI technology has diverse applications across various industries including media and entertainment, legal, government, and enterprise. This versatility allows the company to tap into different markets and cater to a broad customer base.
- Strategic Partnerships: Veritone has established partnerships with renowned technology companies, media organizations, and government agencies, enhancing its credibility and expanding its reach. Collaborations with industry leaders provide access to additional resources and expertise.
Weaknesses
- Relatively High Costs: Veritone's advanced AI technology requires significant investments in research, development, and infrastructure. This high cost structure can be a barrier for potential customers with budget constraints, limiting immediate market penetration.
- Market Dependency: Veritone's success heavily relies on market acceptance and demand for AI-driven solutions. Economic downturns, changing market preferences, or increased competition may impact the company's growth and profitability.
Opportunities
- Growing Demand for AI: The increasing need for advanced AI solutions presents a significant opportunity for Veritone to expand its customer base and offer new services across industries. The continuous growth of big data and the need for efficient data processing further fuel this demand.
- International Expansion: Veritone can explore international markets, leveraging its AI technology to serve global clients. Entering new regions and partnering with local companies can drive revenue growth and establish the company as a key player on a global scale.
Threats
- Data Privacy and Security Risks: As Veritone deals with vast amounts of sensitive data, the company must ensure strong data protection measures to guard against potential breaches or unauthorized access. Any security lapses could harm the company's reputation and result in legal consequences.
- Rapid Technological Advancements: The AI industry is characterized by constant advancements and emerging competitors. Veritone faces the risk of being outpaced by competitors offering more advanced or cost-effective solutions, requiring continuous innovation to maintain a competitive edge.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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