Veritone, Inc. is an American artificial intelligence technology company based in Irvine, California founded in 2014. The company provides software services to the public and private sectors, including media, government, and law enforcement.3Wikipedia text CC BY-SA 4.0
Veritone, Inc. is an American artificial intelligence technology company based in Irvine, California founded in 2014. The company provides software services to the public and private sectors, including media, government, and law enforcement.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Out of $92.2M in revenue.9 The company lost money this year.
Financial statements
Revenue10111213149$92.2M in 2025+86% since 2019Operating income10111213149-$81.3M in 2025+27% since 2019Net income16171819149-$111.7M in 2025+80% since 2019
Revenue2021$24.3M in Q2 FY2026+20% since Q1 FY2026Operating income2021-$22.1M in Q2 FY2026+14% since Q1 FY2026Net income2021-$22.2M in Q2 FY2026+14% since Q1 FY2026
Total assets10111213149$182.3M in 2025+68% since 2019Total liabilities10111213149$114.2M in 2025+87% since 2019Shareholders’ equity111213149$68.1M in 2025+44% since 2019Cash10111213149$27.4M in 2025−38% since 2019Long-term debt1314$41.2M in 2024−47% since 2023
Total assets2021$148.5M in Q2 FY2026−19% since Q1 FY2025Total liabilities2021$110.6M in Q2 FY2026−3% since Q1 FY2025Shareholders’ equity2021$37.9M in Q2 FY2026−44% since Q1 FY2025Cash2021$12.4M in Q2 FY2026−55% since Q1 FY2025
Cash from operations16221819149-$53.2M in 2025+75% since 2019Capital spending10111213149$5.0M in 2025+1599% since 2019Free cash flow16221819149-$58.2M in 2025+89% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Veritone Inc. sits at the top of its group. 15 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Veritone Inc.
BlackRockFiled SCHEDULE 13G on Veritone Inc., latest Jul 30, 2026 (5 filings since Feb 3, 2022)
Ryan SteelbergFiled SCHEDULE 13D/A on Veritone Inc., latest Jul 16, 2026 (5 filings since Jul 3, 2024)
BANTA ASSET MANAGEMENT LPFiled SCHEDULE 13G/A on Veritone Inc., latest Feb 6, 2026 (5 filings since Jan 10, 2022)
PRIVATE MANAGEMENT GROUP INCFiled SCHEDULE 13G/A on Veritone Inc., latest Nov 3, 2025 (5 filings since Feb 2, 2024)
Broadbean Technology Limited Subsidiary · United Kingdom
Broadbean, Inc. Subsidiary · Delaware, United States
Machine Box, Inc. Subsidiary · Delaware, United States
PandoLogic Ltd. Subsidiary · Israel
Table Rock Management, LLC Subsidiary · California, United States
Veritone AI India Private Limited Subsidiary · India
Veritone Alpha, Inc. Subsidiary · Delaware, United States
Veritone Australia Pty Ltd Subsidiary · Australia
Veritone Digital, Inc. Subsidiary · Delaware, United States
Veritone Enterprise, LLC Subsidiary · Delaware, United States
Veritone France, S.A.R.L. Subsidiary · France
Veritone Politics, LLC Subsidiary · Delaware, United States
Veritone UK Ltd. Subsidiary · United Kingdom
VocaliD, Inc. Subsidiary · Delaware, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Veritone Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Our principal executive offices are located at 5291 California Avenue, Suite 350, Irvine, California 92617.
In addition to our principal executive offices, we lease office space in London, England; Sydney, Australia; and Herzliya, Israel. We also maintain shared office spaces in Paris, France and Noida, India. We lease all of our facilities and do not own any real property. We believe our facilities are adequate and suitable for our current needs and that, should it be needed, suitable additional or alternative space will be available to accommodate our operations.
The company was founded in 2014 and went public via on May 12, 2017. Their losses were $59.6 million that year.
In April 2020, the company received a $6.5 million in federally backed small business loans from Sunwest Bank as part of the Paycheck Protection Program. The company received scrutiny over this loan, which meant to protect small and private businesses. Washington Post noted the high compensation to the Steelberg brothers.
In May 2020 Veritone announced it would return the full $6.5 million loan and issued a statement that it had "adequate financial flexibility and additional avenues to maintain our capital position."
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Controversies and legal
Criticism
The American Civil Liberties Union has publicly criticized Veritone for their product Track, which analyzes video to identify and follow individuals based on a variety of visual characteristics. By using a wider variety of characteristics, the product avoids regulation that bans automated biometric surveillance such as facial recognition. It also offers to track vehicles by make, model, and characteristics to avoid automatic number-plate recognition restraints. The Track product has been evaluated and used by law enforcement in the United States but the legality of this approach remains unsettled.
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
276 filings to the SEC since October 2021: 6 annual reports, 17 quarterly reports, 71 major events, 84 insider forms, 32 large holders, 2 private raises, 64 other. The latest 20:
13 open-market trades by officers, directors and large owners since October 2021: 12 buys and 1 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
Year
Executive
Age
Salary
Total pay
2025
Ryan SteelbergPresident, Chief Executive Officer and Chairman of the Board
Where the company's money came from, by calendar year: private offerings filed with the SEC,
federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA.
Each bar links to the records below.
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Jun 30, 2025Raised $1 million in a private offering of equity72Form D: 1 investor so farForm D
Sep 14, 2021Raised $21.1 million in a private offering of equity73Form D: 19 investors so farForm D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 90. Change is in shares since the quarter before.
From the cover page of the 10-K filed Apr 15, 2026 (Section 12(b) of the Exchange Act).23
Risk factors and legal proceedings
The risks Veritone Inc. names in Item 1A of its 10-K filed Apr 15, 2026: 39 risks under these headings, as written.23
Risks Related to Our Business and Our Financial Condition
Our ability to continue as a going concern depends on, among other factors, our financial condition and operating performance, which are subject to prevailing economic and competitive conditions and certain financial, business and other factors beyond our control.
Our efforts to expand our aiWARE SaaS business may not be successful.
The market for AI-based software applications is relatively new and unproven and may decline or experience limited growth. Concerns over the use of AI, including from regulators, the public and our customers, may hinder the adoption of AI technologies, which would adversely affect our ability to fully realize the potential of our Software Products & Services.
Certain of our operating results and financial metrics are difficult to predict and subject to volatility, including as a result of seasonality.
We have had a history of losses and we may be unable to achieve or sustain profitability.
We may pursue the opportunistic acquisition of other companies, businesses or technologies, which could be expensive, divert our management’s attention, fail to achieve the expected benefits and/or expose us to other risks or difficulties.
Our international operations expose us to significant risks, and we intend to continue expanding international operations going forward.
Our business has been and may continue to be negatively affected by macroeconomic and geopolitical factors, including lingering economic disruption caused by international conflicts, financial instability, inflation and the responses by central banking authorities to control inflation, monetary supply shifts, the imposition of tariffs and other global trade disputes, and the threat of recession in the United States and around the world.
We depend on our executive officers and other key employees, and the loss of one or more of these executive officers or key employees or an inability to attract and retain highly skilled employees could adversely affect our business.
Our ability to use our loss carryforwards may be limited.
If we do not comply with transfer pricing, income tax, customs duties, VAT, and similar regulations, we may be subject to additional taxes, customs duties, interest, and penalties in material amounts, which could materially harm our financial condition and operating results.
The other 28 risks
Risks Related to the Development and Operation of Our aiWARE Platform and Other Products
If we are not able to enhance our existing products or introduce new products that achieve market acceptance and keep pace with technological developments, our business, results of operations and financial condition could be harmed.
Our competitors, partners or others may acquire third party technologies, including AI models, used in our aiWARE platform, which could result in them blocking us from using the technology in our aiWARE platform, offering it for free to the public or making it cost prohibitive for us to continue to incorporate their technologies in our aiWARE platform, or these third party technology providers may otherwise terminate their relationships with us, which could adversely affect the functionality of our aiWARE platform.
We rely on third parties to develop AI models for our platform and in some cases to integrate them with our platform.
If we are not able to develop a strong brand for our aiWARE platform and other products and increase market awareness of our company, platform and other products, then our business, results of operations and financial condition may be adversely affected.
The security or operation of our platform, networks, computer systems or data, or those of third parties with whom we work, have in the past, and may in the future, be breached or otherwise compromised, and any such breach or other compromise could have a material adverse effect on our business and reputation.
Interruptions or performance problems associated with our technology and infrastructure, or that of the third parties with whom we work, including AWS and Azure, may adversely affect our business and operating results.
Risks Related to our Indebtedness and Liquidity
We have $45.6 million principal amount of Convertible Notes outstanding with a scheduled maturity date of November 15, 2026. If we decide not to refinance the Convertible Notes prior to their maturity date or are unable to do so, repurchasing or repaying the Convertible Notes prior to or at maturity may require a significant amount of cash in 2026, and we may not have sufficient cash flow from our operations to pay our debt obligations.
We may require additional capital to grow our business or repay or refinance our Convertible Notes maturing in November 2026, and this capital might not be available to us on acceptable terms, if at all.
Risks Related to Target Markets, Competition, and Customers
The success of our business depends on our ability to expand into new vertical markets and attract new customers in a cost-effective manner.
We generate significant revenue from a limited number of key customers which may cause our revenues for future periods to be less predictable.
Technological advances may significantly disrupt the labor market and weaken demand for human capital at a rapid rate.
Significant segments of the market for talent acquisition software and services may have hiring needs and service preferences that are subject to greater volatility than the overall economy.
Our sales efforts related to our Software Products & Services involve considerable time and expense and our sales cycle is often long and unpredictable.
Risks Related to Intellectual Property
We face risks arising from our digital content and data licensing services, including potential liability resulting from claims by third parties for infringement or violation of copyrights, publicity or other rights, as well as indemnification claims by rights holders and customers.
We may be sued by third parties for alleged infringement of their proprietary rights, which could adversely affect our business, results of operations and financial condition.
We could incur substantial costs in protecting or defending our intellectual property rights, and any failure to protect our intellectual property could adversely affect our business, results of operations and financial condition.
Our use of open source software could negatively affect our ability to sell our products and subject us to possible litigation.
Risks Related to Regulatory Compliance
Recent and proposed regulation of AI technologies, including facial recognition technology, the processing of biometric data, and automated decision-making and machine learning technologies, increase our compliance costs and otherwise make it harder for us to conduct our business, require us to change our business practices and may lead to regulatory investigations or actions, litigation, reputational harm or otherwise have a material adverse effect on our business.
Tax authorities in the United States and in foreign jurisdictions may successfully assert that we, including our acquired companies, should have collected, or in the future should collect, sales, use, value added, or similar taxes, and we could be subject to substantial liabilities with respect to past or future transactions, which could adversely affect our results of operations.
Risk Related to Our Internal Use of Artificial Intelligence Technologies
We use AI, including generative AI, and machine learning technologies, including third-party generative AI technologies, to support various internal business functions such as software development, content creation, customer support, sales and marketing and operational decision-making. While these AI technologies may enhance the productivity and efficiency of our employees, such productivity gains are not guaranteed, and their use may present risks that could adversely affect our business, financial condition, and results of operations.
Data Security, Privacy and Confidentiality.
Risks Related to the Ownership of Our Securities and Our Public Company Operations
Our common stock price has been extremely volatile and could continue to fluctuate widely in price, which could result in substantial losses for investors.
We have identified material weaknesses in our internal control over financial reporting. If we are unable to develop and maintain effective internal control over financial reporting, we may not be able to accurately report our financial results in a timely manner, which may adversely affect investor confidence in us, materially and adversely affect our business and operating results and expose us to potential litigation.
We are a “smaller reporting company” and “non-accelerated filer” under the U.S. federal securities laws, and the reduced reporting requirements applicable to smaller reporting companies and non-accelerated filers could make our common stock less attractive to investors.
Our anti-takeover provisions could prevent or delay a change in control of our company, even if such change in control would be beneficial to our stockholders.
Our amended and restated certificate of incorporation designates the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers or other employees.
Conversion or exercise of outstanding equity-linked securities may dilute the ownership interest of our stockholders or may otherwise depress the price of our common stock.
If securities or industry analysts do not publish research or publish inaccurate or unfavorable research about our business, our stock price and trading volume could decline.
Legal proceedings
From time to time, we may be involved in litigation relating to claims arising out of our operations in the normal course of business. We currently are not a party to any legal proceedings, the adverse outcome of which, in management’s opinion, individually or in the aggregate, would have a material adverse effect on our results of operations, financial position or cash flows. Regardless of the outcome, any litigation may have an adverse impact on us due to defense and settlement costs, diversion of management resources and other factors.
