Veritonic Raises $3.2M in Series A Funding

Funding Rounds

▤ Summary

The round was led by Greycroft, with participation from Lerer Hippeau and Audible, an Amazon company. The company intends to use the funds to hire top talent with a focus on Data Science and Sales, as well as to further expand its end-to-end audio measurement capabilities. Founded by CEO Scott Simonelli, COO Andrew Eisner and CTO Kevin Marshall, Veritonic provides an audio intelligence platform, empowering marketers to understand and quantify the most effective way to use sound. The analytics platform is built specifically for businesses to navigate the audio market and maximize the massive opportunity it presents. Powered by “Machine Listening and Learning”™, the Veritonic platform scores and benchmarks audio assets quickly and comprehensively, guiding brand leaders and platforms to make decisions that cultivate deeper relationships with customers through sound.

$ Funding

$
Amount $3.2M Total raised
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Date October 7, 2020 Announcement date
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Investors - Lead investors
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Company http://www.veritonic.com Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
Audio Analytics Software Ad Tech SaaS

▦ Linked Companies

Veritonic
$1M to $5M