Veritone

Information Technology

Denver City, TX, United States

Description

Veritone, Inc., founded in 2014 and headquartered in Denver, Colorado, is a publicly traded technology company specializing in artificial intelligence (AI) computing solutions. The firm offers its services primarily through its aiWARE platform, providing cloud-native digital content management, software products, and managed services. Its client base is predominantly comprised of commercial enterprises and public sector organizations across various industries, including media and entertainment, government, legal and compliance, and energy sectors. With approximately 487 employees, Veritone reported annual revenues of $92.6 million. The company's solutions facilitate AI-driven content management and analysis, supporting diverse industry needs through its enterprise-focused offerings.

Experteer Insights

Locations 11

Vacancies 4

Experteer Briefing

Company Trajectory

Founded in 2014 and headquartered in Denver, Colorado, United States, Veritone, Inc. developed as an AI technology company specializing in advanced analytics for unstructured audio and video data. Originating with the aiWARE platform, the company initially targeted markets such as media, politics, legal, and government. Over time, Veritone expanded its market reach to serve a broader range of industries and developed its offerings to provide comprehensive digital content management and managed services. Key milestones in its trajectory include strategic expansion beyond its core sectors and the continuing evolution of its AI-based solutions to meet the needs of commercial and public sector clients.

Financial Setup

Veritone, Inc. is a publicly traded company with an employee base of approximately 490 professionals. As a B2B technology provider, Veritone has established a robust financial foundation by delivering enterprise-grade AI computing solutions, notably through the aiWARE platform. Its business model has evolved to include a combination of software product licenses, cloud-native content management services, and managed service offerings across multiple sectors. The company’s financial position has been bolstered through recurring revenues from long-term contracts and enterprise customers as it continues to scale operations both domestically and internationally.

Development & Outlook

Veritone’s development strategy centers on continuous innovation in AI-driven products and services, exemplified by the aiWARE operating system that transforms unstructured data for a range of industries, including media, government, legal, compliance, and energy. The company demonstrates a strong commitment to research and development, as evidenced by its portfolio of 41 issued U.S. patents (with expiration dates between 2030 and 2042) and numerous pending patent applications both domestically and abroad. Veritone supports employee engagement through regular talent reviews, competitive compensation, and benefits. It also places a strategic emphasis on diversity and inclusion, reporting that 41% of its workforce is female and 18% represents ethnic or racial minorities or other protected categories, reinforced by engagement surveys and cultural initiatives designed to foster a positive work environment and sustain long-term organizational growth.