How Veed hit $10.6M revenue and 25K customers in 2023.
Veed Technologies Ltd, a UK-based software company that provides a browser-based video editing platform for content creators, businesses, and marketers. Veed's platform allows users to upload, edit, and export videos easily, without the need for complex software or technical skills. The company was founded in 2018 and has quickly gained popularity among creators and businesses looking to streamline their video editing process. In addition to its video editing platform, Veed also offers other video-related tools and services, including a stock video library, video hosting, and captioning.
2018
Founded
$10.6M
2023 Revenue
51.07%
YOY
$35M
Funding
Veed Revenue
In 2023, Veed revenue run rate hit $10.6M in revenue.
-
2023
Veed hit $10.6M in revenue in 2023
-
2022
Veed hit $7M in revenue in 2022
-
2022
Veed hit $7M in revenue in 2022
-
2021
Veed hit $4.2M in revenue in 2021
-
2020
Veed hit $1.3M in revenue in 2020
-
2018
Veed launched in 2018 with $0 revenue
Veed Funding History
-
2022 Series A
Veed raised a Series A of in February, 2022
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| February, 02 2022 | Series A |
Team
Veed has 215 total employees. They have 25,000 customers an engineering team of 73 and a marketing team of 37.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 215 |
| Engineer | 73 (34%) |
| Marketing | 37 (17%) |
Founder / CEO
Sabba Keynejad
Sabba Keynejad is the co-founder and CEO of VEED an [online video editing](http://veed.io/) platform. Together with his co-founder Tim, they bootstrapped VEED from 0-1M ARR in its the first 12 months of operating. VEED is a fully-fledged collaborative video editing used by many influencers, coaches and business for [adding subtitles](https://www.veed.io/add-subtitles-video), [captions](https://www.veed.io/add-captions-video), [text](https://www.veed.io/add-text-to-video), [merging videos](https://www.veed.io/tools/merge-videos-online), [making meme videos](https://www.veed.io/create/video-meme-maker) and much more.
Q&A
-
What's your age?
30
-
Favorite online tool?
Google
-
Favorite book?
Seven Powers
-
Favorite CEO?
None
-
Advice for 20 year old self
-
Customers
Churn
Veed Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sabba Keynejad | CEO | [email protected] | - |
Veed Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sabba Keynejad | CEO | [email protected] | - |
Veed Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Luciana Lixandru | Board Member | - | - |
| Sabba Keynejad | Board Member | - | - |
Frequently Asked Questions about Veed
-
When was Veed founded?
Veed was founded in 2018.
-
How much revenue does Veed generate?
Veed generates $10.6M in revenue.
-
Who is the CEO of Veed
The CEO of Veed is Sabba Keynejad.
-
How much funding does Veed have?
Veed raised $35M.
-
How many employees does Veed have?
Veed has 215 employees.
-
Where is Veed headquarters?
Veed is headquartered at 30 Aldwych, London, England, United Kingdom
People Also Viewed
Spotnana Technology
Spotnana Technology specializes in the fields of Enterprise Software, Saas, and Infrastructures.
Repsly
Repsly Mobile CRM brings organizations closer to their field reps and helps them execute at retail. Improve brand visibility, build accountability, and more.
Digité
Digité, Inc. is a leading provider of Visual Project Management and Lean/ Agile Application Lifecycle Management products and solutions for the Global Delivery Model
Tamigo
Developer of a cloud-based workforce management platform designed to focus on the optimization of operations and staff management. The company's platform combines scheduling, absence management, performance, employee communication, HR, finance and forecasting, enabling clients to automate manual time-consuming processes and show relevant data to relevant people.
nDash
Provider of a content community platform intended to facilitate crowdsourced content creation services. The company's platform and Web-based application gives brands all the tools they require to recruit, onboard, manage and pay a team of freelance writers, enabling companies to search through transparent writer profiles that are integrated with various professional networking and job listing websites.
Percent
Developer of a recommendation engine. The company offers an online platform that offers in-site traffic conversion, business data analytics and consumer preference database for various organizations.