How Veem hit $25.1M revenue and 300K customers in 2023.
Veem is a global payments network built for businesses. With Veem, you can send and receive payments in local currency, pay and get paid in seconds, and save time and money on international wire transfers.
2014
Founded
$25.1M
2023 Revenue
2.2%
YOY
$101.3M
Funding
Veem Revenue
In 2023, Veem revenue run rate hit $25.1M in revenue.
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2023
Veem hit $25.1M in revenue in 2023
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2021
Veem hit $24M in revenue in 2021
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2014
Veem launched in 2014 with $0 revenue
Veem Funding History
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2020 Series D
Veem raised a Series D of in June, 2020
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2018 Series C
Veem raised a Series C of in June, 2018
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2017 Series B
Veem raised a Series B of in June, 2017
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2015 Series A
Veem raised a Series A of in June, 2015
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2014
Veem raised a of in June, 2014
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
June, 01 2020 | Series D | ||
June, 01 2018 | Series C | ||
June, 01 2017 | Series B | ||
June, 01 2015 | Series A | ||
June, 01 2014 |
Team
Veem has 124 total employees and 26 sales reps that carry a quota. They have 300,000 customers an engineering team of 14
DISTRIBUTION | QTY |
---|---|
Total team size | 124 |
Engineer | 14 (11%) |
Sales | 26 (21%) |
Founder / CEO
Marwan Forzley
Marwan Forzley is the Co-Founder and Chief Executive Officer of Veem, a next-generation global payment provider that enables businesses to quickly and securely send and receive payments in local currency. Veem uses the blockchain as a new settlement rail to enable frictionless and inexpensive payments. Prior to Align Commerce, Forzley founded and served as CEO of eBillme, an online payment solution that extended online banking to the merchant’s checkout process. After selling eBillme to Western Union, Forzley joined the Western Union’s digital team as General Manager, eCommerce, and Strategic Partnerships. With extensive experience and expertise in eCommerce infrastructure, mobile payments, content delivery, and alternative payments, Forzley is one of the top entrepreneurs working to pioneer better payment systems.
Q&A
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What's your age?
50
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Favorite online tool?
AWS
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Favorite book?
The innovators dilemma
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Favorite CEO?
jeff bezos
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Advice for 20 year old self
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Customers
Churn
Veem Executives
Name | Position | Working Email | Personal Email |
---|---|---|---|
Marwan Forzley | CEO | [email protected] | - |
Veem Employees
Name | Position | Working Email | Personal Email |
---|---|---|---|
Marwan Forzley | CEO | [email protected] | - |
Frequently Asked Questions about Veem
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When was Veem founded?
Veem was founded in 2014.
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How much revenue does Veem generate?
Veem generates $25.1M in revenue.
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Who is the CEO of Veem
The CEO of Veem is Marwan Forzley.
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How much funding does Veem have?
Veem raised $101.3M.
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How many employees does Veem have?
Veem has 124 employees.
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Where is Veem headquarters?
Veem is headquartered at San Francisco, California, United States
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