How Veset CEO Igor Krol grew Veset to $2.8M revenue with a 18 person team in 2024.
Developer and provider of a cloud-based play-out platform. the company offers a tool that enables broadcasters to to create linear television channels and deliver them to satellite, cable and CDN networks.
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Veset Revenue
In 2024, Veset's revenue reached $2.8M. The company previously reported $1.8M in 2023. Since its launch in 2011, Veset has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Veset Hit $2.8m revenue in October 2024 |
| 2023 | Veset Hit $1.8m revenue in December 2023 |
| 2021 | Veset Hit $1.7m revenue in April 2021 |
| 2011 | Launched with $0 revenue |
Veset Valuation, Funding Rounds
Veset has not publicly disclosed its valuation. The company has raised $1M in total funding to date.
Veset has raised $1M in total funding across 1 round, with its most recent round in 2013.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2013 | Funding round | $1M | - | - |
Veset Employees & Team Size
Veset employs approximately 18 people as of 2026, down from 19 in 2023.
Veset has 18 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 18 employees (October 2024) |
| 2023 | Reached 19 employees (December 2023) |
| 2022 | Reached 19 employees (December 2022) |
| 2021 | Reached 21 employees (December 2021) |
| 2021 | Reached 25 employees (April 2021) |
Founder / CEO
Igor Krol
Igor's expertise is in defining strategy and leading diverse teams of professionals in achieving their long-term objectives. In his current role his main focus on driving long term success of the company. Prior to joining Veset as a COO and then becoming its CEO, Igor had a successful 12-year career in investment banking at Citigroup and Schroder Salomon Smith Barney based in London. He advised a wide range of global and emerging markets corporates, financial institutions, private equity and private investors on developing a financial strategy, structuring investments, executing complex cross-border mergers and acquisitions, accessing equity and debt capital markets to finance growth and acquisitions. Igor started his career at Nestle where he gained extensive experience of hands-on finance and risk management knowledge at a triple-A consumer goods corporate, having worked at Nestle's corporate head-office. Igor has particular professional interest in new technology, general management, strategy and finance
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Veset yet.
Frequently Asked Questions about Veset
What is Veset's revenue?
Veset generates $2.8M in revenue.
Who founded Veset?
Veset was founded by Igor Krol.
Who is the CEO of Veset?
The CEO of Veset is Igor Krol.
How much funding does Veset have?
Veset raised $1M.
How many employees does Veset have?
Veset has 18 employees.
Where is Veset headquarters?
Veset is headquartered in Riga, Latvia.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .