Veritone, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Ryan S. Steelberg
- Full Time Employees
- 446
- Sector
- Commercial services
- Industry
- Advertising/Marketing services
- Address
- 5291 California Avenue Irvine CO United States 92617
- IPO Date
- May 12, 2017
- CIK
- 0001615165
- Website
- veritone.com
- Similar Companies
- Business
- Veritone, Inc., along with its affiliates, delivers cutting-edge artificial intelligence computing solutions and related professional services across the United States, the United Kingdom, and other global regions. The company pioneers and manages aiWARE, its proprietary AI operating system designed to leverage sophisticated machine learning algorithms and a broad array of cognitive and generative AI models. This platform processes vast quantities of both structured and unstructured data, encompassing audio, video, text, and images, to uncover critical insights and enable advanced automation. Its capabilities span diverse functions such as transcription, language translation, facial and object detection, content classification, sentiment analysis, and the correlation of disparate data sources. A core offering, Veritone Data Refinery (VDR), transforms raw, unstructured data into high-quality, AI-ready assets suitable for training advanced AI models, including large language and multimodal models. The company also offers specialized applications like Veritone Redact for sensitive information obfuscation, particularly for public safety agencies, and the Digital Media Hub for content management, discovery, and monetization of extensive media archives, recently bolstered by partnerships with entities such as Newsmax, ESPN, and CBS Media Ventures. Veritone’s revenue streams primarily derive from subscriptions and usage-based fees for its software products and services, alongside managed services which include content licensing. A strategic shift has seen the company divest its traditional advertising agency segment to sharpen its focus on higher-margin AI software and services. Veritone serves a diverse client base across industries including media and entertainment, government and public safety, legal and compliance, and talent acquisition. Established in 2014, Veritone, Inc. maintains its headquarters in Irvine, California.
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