---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-027861"
form_type: "8-K"
ticker: "VERI"
cik: "0001615165"
company_name: "Veritone, Inc."
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:15:47.232193+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Veritone closes $52M cash acquisition of Broadbean from CareerBuilder

## Summary
- Total consideration $52M cash on cash/debt-free basis; expected to be immediately additive to operations.
- Broadbean projected to generate SaaS and GAAP revenues >$35M annualized ($30M subscription) with attractive margins.
- Broadbean brings network of 3,000+ customers, 100 ATS partners, and data set of 5B+ job ad performance data points.
- Acquisition accelerates Veritone's AI-driven HR solutions suite, building on prior PandoLogic acquisition.
- Financial statements for Broadbean to be filed via amendment within 71 days.

## SEC filing metadata
- accession: 0000950170-23-027861
- form_type: 8-K
- ticker: VERI
- cik: 0001615165
- company_name: Veritone, Inc.
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1615165/000095017023027861/0000950170-23-027861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1615165/000095017023027861/veri-20230613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-027861
- JSON: https://secwatch.observer/filing/0000950170-23-027861.json
- Plain text: https://secwatch.observer/filing/0000950170-23-027861.txt

## Key facts
- M&A Transactions
  Veritone, Inc. completed an acquisition involving CareerBuilder, LLC, CareerBuilder International Holding B.V., and CareerBuilder France Holding, LLC for $52,000,000 in cash, subject to certain adjustments (closed 2023-06-13).
  - Action: acquisition
  - Counterparty: CareerBuilder, LLC, CareerBuilder International Holding B.V., and CareerBuilder France Holding, LLC
  - Consideration: $52,000,000 in cash, subject to certain adjustments
  - Closing: 2023-06-13
  source text: On June 13, 2023, the Company completed the Transaction and acquired the Broadbean Business. At the closing of the Transaction (the “Closing”), the Company paid the Sellers $52,000,000 in cash, subject to certain adjustments set forth in the Purchase Agreement (as adjusted, the “Purchase Price”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1615165/000095017023027861/0000950170-23-027861-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.