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Veritone, Inc. (NASDAQ: VERI) is an American enterprise artificial intelligence company founded in 2014 and headquartered in Irvine, California. Its platform, aiWARE, is designed to orchestrate an ecosystem of machine learning models that transforms unstructured data—such as audio, video, and text—into actionable intelligence. Veritone serves various industries, including media and entertainment, public safety, and talent acquisition.
Corporate Structure and Leadership
Veritone employs between 501 and 1,000 people across locations in Irvine, San Diego, Denver, Binghamton, New York City, Washington, D.C., and London. The executive team is led by Ryan S. Steelberg (Chairman, CEO, and President) and Michael Zemetra (EVP, CFO, and Treasurer). As of June 30, 2025, the company holds 48 U.S. awarded patents, with additional patents pending, and supports over 3,060 customers through a network of more than 100 partners, including Amazon, Google, Microsoft, Oracle, Snowflake, and Deloitte.
Artificial Intelligence by Growtika
Recent Developments and News
- In May 2025, Veritone announced that its Illuminate, Redact, and Track AI solutions achieved “Awardable” status on the U.S. Department of Defense’s Tradewinds Solutions Marketplace, facilitating procurement for defense and law enforcement agencies.
- In January 2025, Veritone renewed its licensing agreement with CBS News and Stations to include local news content over multiple years.
- The company introduced Contact Analytics to California law enforcement agencies, providing near real-time data insights (announced via veritone.com).
- On LinkedIn, Veritone announced contract wins for its Data Refinery (VDR) solution with leading hyperscalers and AI innovators.
- The Q3 2025 earnings conference call is scheduled for November 6, 2025, at 5:00 PM ET.
Financial and Strategic Analysis
On October 15, 2025, Veritone’s share price closed at $8.6476, representing an increase of 58.38% on a volume of 7,313,343 shares traded.
| Metric | Value (TTM) |
|---|---|
| Revenue | $90.9 million |
| Net Loss | $93.4 million |
| Diluted EPS | –$2.16 |
| Total Cash (mrq) | $13.6 million |
| Total Debt/Equity (mrq) | 9,659.0% |
| Profit Margin | –40.29% |
In September 2025, Veritone filed two prospectus supplements (Rule 424(b)(5)) on September 10 and September 11, offering 9,505,705 shares of common stock at $2.63 per share, expected to raise approximately $23.5 million before expenses. An 8-K filing on September 12, 2025, reported material definitive agreements and Regulation FD disclosures.
Market Position and Industry Context
Veritone positions itself as a provider of human-centered AI solutions in a market characterized by the increasing integration of AI across enterprises. Its aiWARE platform and modular solutions address challenges associated with unstructured data in content analysis, compliance redaction, digital evidence management, and AI training data preparation. Collaborations with hyperscalers and system integrators align Veritone with ongoing AI investment trends. With over 862 cognitive engines included in aiWARE, Veritone aims to differentiate itself through the range of its capabilities and customizable workflows.
tl;dr
As of October 15, 2025, Veritone’s stock increased by 58.38%, closing at $8.65 amid significant trading volume. In September 2025, the company raised approximately $23.5 million through a public offering of 9.5 million shares priced at $2.63 each. Veritone’s AI solutions obtained Awardable status on the Department of Defense’s Tradewinds Marketplace in May 2025, alongside securing new contracts for its Data Refinery platform. The renewal with CBS News and the rollout of Contact Analytics for California law enforcement further extend its operational reach. Investors will receive detailed Q3 2025 results on November 6, 2025.
