Veritone, Inc. announced a restructuring affecting Company-wide (at least 25% of its employee count as of March 31, 2026).
“On June 1, 2026, Veritone, Inc. (the “Company”) made the decision to implement a restructuring plan (the “Plan”), which includes a workforce reduction that was initiated on June 10, 2026, and a reduction in certain third-party operating costs.”
Material Agreements
Veritone, Inc. entered into Sales Agreement with UBS Securities LLC, Needham & Company, LLC and Craig-Hallum Capital Group LLC valued at $50.0 million (effective 2026-05-21).
“On May 21, 2026, Veritone, Inc. (the “Company”) entered into a sales agreement (the “Sales Agreement”) with UBS Securities LLC, Needham & Company, LLC and Craig-Hallum Capital Group LLC, as sales agents (collectively, the “Sales Agents”), pursuant to which the Company may offer and sell from time to time, at its option, shares of the Company’s common stock through the Sales Agents.”
Earnings Releases
Veritone, Inc. reported the first quarter ended March 31, 2026 results: revenue $20.3 million, net income $19.5 million. Guidance reaffirmed.
“a filing. --- EX-99.1 (EX-99.1) --- Veritone Reports First Quarter 2026 Results, Reaffirms 2026 Guide of $130-$145 million in Revenue in Fiscal 2026 – Q1 Total Revenue of $20.3 million, including a 69% increase in Public Sector Revenue year over year – – Annual Recurring Revenue (ARR) of $64.2 million, up 9.4% year over year – – Veritone Data Refinery (VDR)”
Auditor Changes
Veritone, Inc. engaged CBIZ CPAs P.C. as its auditor.
“(b) Engagement of New Independent Registered Public Accounting Firm . On April 23, 2026, the Audit Committee approved the engagement of CBIZ CPAs P.C.”
Auditor Changes
Veritone, Inc. dismissed Grant Thornton LLP as its auditor.
“The decision to dismiss Grant Thornton was effective on April 23, 2026, after being approved by the Audit Committee”
Auditor Changes
Veritone, Inc. reported that prior financial statements should not be relied upon.
“On April 8, 2026, the management and the audit committee (the “Audit Committee”) of the Board of Directors of Veritone, Inc. (the “Company”), after consideration of the relevant facts and circumstances, determined that the Company’s previously issued unaudited condensed consolidated financial statements as of and for the three and nine months ended September 30, 2025 should no longer be relied upon”
Earnings Releases
Veritone, Inc. reported FY 2026 results: revenue $130 million - $145 million, net income $22.5 million - $13.5 million. Guidance initiated.
“FY 2026 outlook of Revenue of $130 million - $145 million and Non-GAAP Net Loss of $22.5 million - $13.5 million”
Earnings Releases
Veritone, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $18.1 million - $30.0 million, net income $37.0 million - $25.1 million.
“Q4 preliminary Revenue in the range of $18.1 million - $30.0 million* - – Q4 preliminary, unaudited GAAP net loss from continuing operations of $37.0 million - $25.1 million;”
Governance Changes
Veritone, Inc.: Increased authorized shares of common stock from 75,000,000 to 150,000,000, updated registered agent, and made conforming changes via Fourth Amended and Restated Certificate of Incorporation (effective 2025-06-16).
“On June 16, 2025, the Company filed a Fourth Amended and Restated Certificate of Incorporation reflecting the provisions of the Charter Amendment (the “Amended Charter”) with the Secretary of State of the State of Delaware, and the Amended Charter became effective upon filing.”
Francisco Morales was appointed as Class III Director at Veritone, Inc..
“On March 12, 2025, the Board appointed Francisco Morales as a member of the Board, effective as of March 20, 2025, to fill the vacancy created by Mr. Steelberg’s resignation”
Chad Steelberg resigned as Director at Veritone, Inc..
“On March 12, 2025, Chad Steelberg informed Veritone, Inc. (the “Company”) of his decision to resign as a member of the Board of Directors of the Company (the “Board”), and any committee of the Board on which he serves, effective as of March 12, 2025.”
M&A Transactions
Veritone, Inc. completed a disposition involving Oxford Buyer, LLC, an affiliate of Insignia Capital Group L.P. for up to $104.0 million (closed 2024-10-17).
“As previously reported, on October 17, 2024 (the “Closing Date”), Veritone, Inc. (the “Company”) entered into an Equity Purchase Agreement (the “Agreement”), by and among the Company, Veritone One, LLC, a wholly-owned subsidiary of the Company (“Veritone One”), and Oxford Buyer, LLC (“Purchaser”), an affiliate of Insignia Capital Group L.P., pursuant to which, among other things, Purchaser acquired from the Company all of the issued and outstanding equity of Veritone One (such transaction, the “Divestiture”) for a total purchase price of up to $104.0 million, subject to purchase price adjustments and the achievement of certain earnout targets as described herein.”
Earnings Releases
Veritone, Inc. reported the first quarter ended March 31, 2024 results: revenue $31.6 million, net income $25.2 million.
“events for any reason, except as required by law. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Veritone Reports First Quarter 2024 Results - Q1 Total Revenue of $31.6 Million, Outperforming the High End of Guidance - - Total ARR (SaaS and Consumption) of $72.1 Million from 3,384 Total Software Products & Services Customers, Including ARR (SaaS) of”
Michael Keithley was appointed as Class I Director at Veritone, Inc..
“The Board has nominated Michael Keithley to stand for election as a Class I Director at the Annual Meeting.”
Jeffrey P. Gehl departed as Class I Director at Veritone, Inc..
“On April 12, 2024, Jeffrey P. Gehl informed Veritone, Inc. (the “Company”) of his decision not to stand for re-election as a Class I Director at the Company’s 2024 annual meeting of stockholders, currently scheduled to be held on June 13, 2024 (the “Annual Meeting”).”
Earnings Releases
Veritone, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.
“On March 12, 2024, Veritone, Inc. (the “Company”) announced its financial results for the fourth quarter and year ended December 31, 2023. The press release issued by the Company in connection with the announcement is attached to this report as Exhibit 99.1.”
Debt Financings
Veritone, Inc. incurred term loan of $77.5 million with Wilmington Savings Fund Society, FSB at Term SOFR plus 8.50% per annum, with a 3.00% floor for Term SOFR maturing December 13, 2027.
“The Credit Agreement provides for a $77.5 million senior secured term loan (the “Term Loan”), which was fully drawn by the Company on the Closing Date”
Material Agreements
Veritone, Inc. terminated Prior Credit Agreement with Alterna Capital Solutions, LLC (effective 2023-12-12).
“the Ledgered ABL Agreement, dated August 8, 2023 (the “Prior Credit Agreement”), by and among the Company, certain of its subsidiaries and Alterna Capital Solutions, LLC, and the related Commercial Guarantee, dated August 8, 2023 were terminated”
Material Agreements
Veritone, Inc. entered into Registration Rights Agreement with the Warrant Holders (effective 2023-12-13).
“the Company entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the Warrant Holders, pursuant to which the Company agreed to register for resale the shares of Common Stock issuable upon the exercise of the Warrants”
Material Agreements
Veritone, Inc. entered into Warrants with the Lenders (effective 2023-12-13).
“the Company issued warrants (the “Warrants”) to the Lenders (in such capacity, the “Warrant Holders”) to purchase up to 3,008,540 shares of the Company’s common stock”
Material Agreements
Veritone, Inc. entered into Credit and Guaranty Agreement with certain funds managed by Highbridge Capital Management, LLC and certain other lenders valued at $77.5 million (effective 2023-12-13).
“the Company and certain of its subsidiaries, as guarantors, entered into a Credit and Guaranty Agreement (the “Credit Agreement”) with the Lenders and Wilmington Savings Fund Society, FSB, as administrative agent and collateral agent”
Michael Zilis was appointed as Director at Veritone, Inc..
“On November 6, 2023, the Board of Directors (the “Board”) of the Company increased the size of the Board from five to six members and appointed Michael Zilis as a member of the Board, effective November 8, 2023”
Material Agreements
Veritone, Inc. entered into Commitment Letter with certain funds managed by Highbridge Capital Management, LLC and with certain other lenders valued at $77.5 million (effective 2023-11-07).
“On November 7, 2023, Veritone, Inc. (the “Company”) entered into a commitment letter with certain funds managed by Highbridge Capital Management, LLC and with certain other lenders (collectively, the “Lenders”), pursuant to which the Lenders have committed, subject to the terms and conditions contained therein, to establish a senior secured term loan facility in an aggregate principal amount of $77.5 million (the “Term Loan”) and to provide the entire principal amount of the Term Loan.”
Material Agreements
Veritone, Inc. entered into Ledgered ABL Agreement with Alterna Capital Solutions, LLC valued at $30,000,000 (effective 2023-08-08).
“On August 8, 2023, Veritone, Inc. (the “Company”) entered into that certain Ledgered ABL Agreement (the “Ledgered ABL Agreement”), between and among the Company and its subsidiaries, Veritone One, Inc., Table Rock Management, LLC, Pandologic, Inc., Veritone Enterprises, LLC and Veritone Digital, Inc. d/b/a T3 Media (the Company and such subsidiaries, the “Sellers”), and Alterna Capital Solutions, LLC (“ACS”).”
Earnings Releases
Veritone, Inc. reported financial results for second quarter ended June 30, 2023.
“On August 8, 2023, Veritone, Inc. (the “Company”) announced its financial results for the second quarter ended June 30, 2023.”
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).
“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”).”
Shareholder Votes
Veritone, Inc. shareholders approved Approval of the Company’s 2023 Equity Incentive Plan at the 2023-06-08 meeting.
“Proposal 5 To approve the Company’s 2023 Equity Incentive Plan. Such proposal was approved by a majority of the total votes cast. The voting results were: For Against Abstain Broker Non-Votes 11,415,213 3,892,945 80,177 9,286,113”
Shareholder Votes
Veritone, Inc. shareholders approved Advisory vote on the frequency of future advisory votes on named executive officer compensation at the 2023-06-08 meeting.
“Proposal 4 To approve, on an advisory basis, the frequency of future advisory votes on the Company’s named executive officer compensation. The Company’s stockholders approved, on an advisory basis, a one year frequency for future advisory votes on the Company’s named executive officer compensation. The voting results were: One Year Two Years Three Years Abstain Broker Non-Votes 14,621.249 70,695 674,038 22,353 9,286,113”
Shareholder Votes
Veritone, Inc. shareholders approved Advisory approval of the compensation of the Company’s named executive officers at the 2023-06-08 meeting.
“Proposal 3 To approve, on an advisory basis, the compensation of the Company’s named executive officers. Such proposal was approved, on an advisory basis, by a majority of the total votes cast. The voting results were: For Against Abstain Broker Non-Votes 13,828,029 1,545,973 14,333 9,286,113”
Shareholder Votes
Veritone, Inc. shareholders approved Ratification of appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-08 meeting.
“Proposal 2 To ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. Such proposal was approved by a majority of the total votes cast. The voting results were: For Against Abstain Broker Non-Votes 24,519.569 124,166 30,713 –”
Shareholder Votes
Veritone, Inc. shareholders approved Election of two nominees, Chad Steelberg and Ryan Steelberg, as Class III directors at the 2023-06-08 meeting.
“The voting results were: Nominee For Withheld Broker Non-Votes Chad Steelberg 11,830,128 3,558,207 9,286,113 Ryan Steelberg 13,434,658 1,953,677 9,286,113”
Material Agreements
Veritone, Inc. entered into Securities and Asset Purchase Agreement with CareerBuilder, LLC, CareerBuilder International Holding B.V., CareerBuilder France Holding, LLC valued at $52,000,000 in cash (effective 2023-05-27).
“On May 27, 2023, Veritone, Inc., a Delaware corporation (the “Company”) and Veritone UK Ltd., a limited company incorporated under the laws of England and Wales with company number 10993647 (“Veritone UK” and, together with the Company, “Veritone”), entered into a Securities and Asset Purchase Agreement (the “Purchase Agreement”) with CareerBuilder, LLC, a Delaware limited liability company (“CareerBuilder LLC”), CareerBuilder International Holding B.V., a limited liability company ( besloten vennootschap met beperkte aansprakelijkheid ) incorporated under the laws of the Netherlands (“CareerBuilder B.V.”), and CareerBuilder France Holding, LLC, a Delaware limited liability company (“CBFH” and, together with CareerBuilder B.V. and CareerBuilder LLC, the “Sellers”), pursuant to which Veritone has agreed to purchase, subject to certain terms and conditions, the Broadbean Business (as defined below) from the Sellers”
Earnings Releases
Veritone, Inc. reported the first quarter ended March 31, 2023 results: revenue $30.3 million, net income $22.8 million.
“on that demand and is on the right path to opportunistically scale operations while unlocking long-term shareholder value.” First Quarter 2023 Financial Highlights • Revenues of $30.3 million, a decrease of $4.1 million or 12% compared to Q1 2022 on a GAAP basis driven by a decline in hiring solutions Software Products & Services. • Managed Services revenue of $16.1”
Earnings Releases
Veritone, Inc. reported financial results for the fourth quarter and year ended December 31, 2022.
“On March 2, 2023, Veritone, Inc. (the “Company”) announced its financial results for the fourth quarter and year ended December 31, 2022.”
Ryan Steelberg was appointed as President and Chief Executive Officer at Veritone, Inc..
“on January 1, 2023, the Company appointed Ryan Steelberg as President and Chief Executive Officer.”
Chad Steelberg resigned as Chief Executive Officer at Veritone, Inc..
“Chad Steelberg resigned as Chief Executive Officer of the Company effective as of December 31, 2022,”
Nayaki R. Nayyar resigned as member of the Board of Directors at Veritone, Inc..
“On December 4, 2022, Nayaki R. Nayyar, a member of the Board of Directors of Veritone, Inc. (the “Company”) and a member of the Compensation Committee thereof, notified the Company of her intention to resign from the Company's Board of Directors, effective as of December 31, 2022.”
Earnings Releases
Veritone, Inc. reported financial results for third quarter ended September 30, 2022.
“On November 8, 2022, Veritone, Inc. (the “Company”) announced its financial results for the third quarter ended September 30, 2022.”
Ryan Steelberg was appointed as President and Chief Executive Officer at Veritone, Inc..
“The Company intends to appoint Ryan Steelberg, the Company’s current President and a member of the Board of Directors of the Company, as President and Chief Executive Officer of the Company, effective as of January 1, 2023.”
Chad Steelberg departed as Chief Executive Officer at Veritone, Inc..
“On November 4, 2022, Chad Steelberg informed the Company of his intention to resign as Chief Executive Officer of the Company, effective as of January 1, 2023.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.