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Veritonic Inc. Revenue & Funding (2024)

Provider of a marketing intelligence platform designed to offer audio intelligence in advertising. The company's marketing intelligence platform measures the impact of a track to discover qualitative and quantitative marketing responses, enabling brands, agencies and publishers to select commercial music for marketing and creating multimedia advertisements.

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Veritonic Inc. Revenue

In 2024, Veritonic Inc.'s revenue reached $3.6M. The company previously reported $3M in 2023. Since its launch in 2015, Veritonic Inc. has shown consistent revenue growth.

Veritonic Inc. Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$750K$1.5M$2.3M$3M$3.8M201520172019202120232024$0$2.4M$3M$3.6MSource: GetLatka.com
YearMilestoneSource
2024Veritonic Inc. Hit $3.6m revenue in October 2024Estimated
2023Veritonic Inc. Hit $3m revenue in December 2023Estimated
2021Veritonic Inc. Hit $2.4m revenue in April 2021
2015Launched with $0 revenue

Veritonic Inc. Valuation, Funding Rounds

Veritonic Inc. has not publicly disclosed its valuation. The company has raised $6.7M in total funding to date.

Veritonic Inc. has raised $6.7M in total funding across 2 rounds, with its most recent round in 2020.

Veritonic Inc. Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$1.5M$0.4$3M$0.6$4.5M$0.8$6M$1$7.5M201520162017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$3.2M--
2018Funding round$3.5M--

Founder / CEO

Scott Simonelli

CEO

A successful marketing technology professional, enterprise software sales leader, entrepreneur, advisor, composer, husband and father of four kids. - Founded Veritonic, which provides Marketing Intelligence for Sound. - Helped start Optimost which pioneered online Testing(AB/MVT) and Targeting as the first company to bring optimization solutions to the market in 2002. - Instrumental in taking Optimost from inception to a $54 million acquisition by Interwoven/HP (NYSE: HPQ). - Managed and built a global Sales and Services organizations at OrderGroove and Optimost, that works with over 500 clients across all verticals - Loves working with marketers to better understand what works and what doesn't. Also as mentor and advisor for early stages companies looking for guidance on Sales Methodology, Technology Sales, growing License Revenue and Team Building.

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Customers

We do not have customer count information for Veritonic Inc. yet.

Veritonic Inc. Employees & Team Size

Veritonic Inc. employs approximately 27 people as of 2026, down from 38 in 2023, including 5 sales reps that carry a quota.

Veritonic Inc. Team GrowthReported headcount over time01020304050201520172019202120232024002727Source: GetLatka.com
YearMilestoneSource
2024Reached 27 employees (October 2024)
2023Reached 38 employees (December 2023)
2022Reached 45 employees (December 2022)
2021Reached 36 employees (December 2021)
2021Reached 32 employees (April 2021)

Frequently Asked Questions about Veritonic Inc.

What is Veritonic Inc.'s revenue?

Veritonic Inc. generates an estimated $3.6M in annual revenue.

Who founded Veritonic Inc.?

Veritonic Inc. was founded by Scott Simonelli.

Who is the CEO of Veritonic Inc.?

The CEO of Veritonic Inc. is Scott Simonelli.

How much funding does Veritonic Inc. have?

Veritonic Inc. raised $6.7M across 2 rounds.

How many employees does Veritonic Inc. have?

Veritonic Inc. has 27 employees.

Where is Veritonic Inc. headquarters?

Veritonic Inc. is headquartered in New York, New York, United States.

Compare Veritonic Inc. to the industry

Veritonic Inc. operates across multiple industries. Browse revenue, funding, and growth data for Veritonic Inc. in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Veritonic Inc. Revenue 2024: $3.6M Est. ARR, $6.7M Raised