Veritone(VERI)

Challenger

Enterprise AI platform (NASDAQ: VERI) behind aiWARE OS. FY2024 rev $92.6M, FY2026 guidance $130-145M. Landmark Oracle partnership (March 2026). Founded 2014, Irvine CA.

Enterprise AI & Media Analytics
VERI
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Updated April 2026

Company Overview

About Veritone

Veritone, Inc. is a publicly traded enterprise AI company founded in 2014, headquartered in Irvine, California (NASDAQ: VERI). Led by co-founders Chad Steelberg (CEO) and Ryan Steelberg (President). FY2024 revenue was $92.6M with FY2026 guidance of $130-145M.

Business Model & Competitive Advantage

Its flagship aiWARE is described as the first AI operating system, using ML for perception, prediction, and problem-solving. It powers media management, advertising, energy management, recruitment, transcription, and government/defense applications. Products Illuminate, Redact, and Track are "Awardable" on the DoD Tradewinds marketplace.

Competitive Landscape 2025–2026

In March 2026, Veritone announced a transformative Oracle partnership for enterprise AI and the AI data economy. Its Data Refinery exited FY2025 with $50M+ in bookings/pipeline (up 250% from Q4 2024), causing a 22% stock surge. The company targets adjusted EBITDA profitability.

Revenue
$92.6M
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Key Differentiators

Strong Challenger

Veritone is an established challenger with significant market presence and competitive offerings in Media & Entertainment.

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