Veritone Inc
NASDAQ:VERI
Veritone Inc
Veritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. The company is headquartered in Denver, Colorado and currently employs 546 full-time employees. The company went IPO on 2017-05-12. The firm's AI operating system, aiWARE, uses machine learning algorithms or AI models, together with a suite of applications, to reveal valuable insights from amounts of structured and unstructured data. Its aiWARE platform offers capabilities that mimic human cognitive functions, such as perception, prediction and problem solving, enabling users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. The company also offers cloud-native digital content management solutions and content licensing services, primarily to customers in the media and entertainment market. In addition, it operates a full-service advertising agency that uses aiWARE to provide various services, including media planning and strategy, advertisement buying and placement, campaign messaging, clearance verification and attribution, and custom analytics.
Veritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. The company is headquartered in Denver, Colorado and currently employs 546 full-time employees. The company went IPO on 2017-05-12. The firm's AI operating system, aiWARE, uses machine learning algorithms or AI models, together with a suite of applications, to reveal valuable insights from amounts of structured and unstructured data. Its aiWARE platform offers capabilities that mimic human cognitive functions, such as perception, prediction and problem solving, enabling users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. The company also offers cloud-native digital content management solutions and content licensing services, primarily to customers in the media and entertainment market. In addition, it operates a full-service advertising agency that uses aiWARE to provide various services, including media planning and strategy, advertisement buying and placement, campaign messaging, clearance verification and attribution, and custom analytics.
Revenue Growth: Veritone reported Q3 2025 revenue of $29.1 million, up 32% year-over-year and above prior guidance.
AI Software Surge: Software products and services revenue grew 55% year-over-year, with VDR-related software revenue (excluding Veritone Hire) surging over 200%.
Debt Reduction: The company eliminated all term debt and repurchased about 50% of convertible debt, reducing annual debt service from over $14 million to about $800,000.
Profitability Outlook: Management reaffirmed confidence in achieving operating profitability in the latter half of 2026.
Q4 and 2025 Guidance Raised: Q4 revenue guided to $33.4–$39.4 million (up 63% YoY at midpoint); full year 2025 revenue expected between $109–$115 million (up 22% YoY).
Robust Pipeline: VDR bookings and pipeline more than doubled sequentially, and the total qualified public sector pipeline grew to $218 million, signaling strong future growth.
Liquidity Strengthened: Over $100 million in equity capital was raised in September and October, leaving the company with ample cash to fund operations through 2026.
