About Veea
Veea is a company based in New York (United States) founded in 2014 by Michael Salmasi was acquired by Crowdkeep in May 2025.. Veea has raised $40 million across 2 funding rounds from investors including Crowdkeep. Veea has completed 1 acquisition, including Virtuosys. Veea offers products and services including Veea Edge Platform and VeeaHub Edge Servers. Veea operates in a competitive market with competitors including Blaize, EnCharge, Armada Logistics, Eurotech and Acumera, among others.
- Headquarter New York, United States
- Founders Michael Salmasi
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Veea Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Veea
Veea offers a comprehensive portfolio of products and services, including Veea Edge Platform and VeeaHub Edge Servers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for hyperconnectivity, computing, and AI security solutions.
Servers for enterprise connectivity and industrial IoT applications.
Unlock access to complete
Funding Insights of Veea
Veea has successfully raised a total of $40M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
-
First Round
First Round
(13 Sep 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Debt – Conventional - Veea | Valuation |
investors |
|
| Sep, 2023 | Amount | Seed - Veea | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Veea
Veea has secured backing from 1 investor. Prominent investors backing the company include Crowdkeep. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Provides IoT platforms for tracking assets, personnel, and operations in various industries.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Veea
Veea has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Virtuosys. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Edge computing platform for data analysis is provided.
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Veea
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veea Comparisons
Competitors of Veea
Veea operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blaize, EnCharge, Armada Logistics, Eurotech and Acumera, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Edge AI infrastructure solutions are provided for diverse applications.
|
|
| domain | founded_year | HQ Location |
Provider of AI computation stack solution
|
|
| domain | founded_year | HQ Location |
Connected solution to monitor shipments in transit
|
|
| domain | founded_year | HQ Location |
IoT infrastructure and device management platforms are offered.
|
|
| domain | founded_year | HQ Location |
SaaS based platform offering network management, edge computing, and managed security services
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Veea
Frequently Asked Questions about Veea
When was Veea founded?
Veea was founded in 2014 and raised its 1st funding round 9 years after it was founded.
Where is Veea located?
Veea is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Veea?
Michael Salmasi is the current CEO of Veea. They have also founded this company.
Is Veea a funded company?
Veea is a funded company, having raised a total of $40M across 2 funding rounds to date. The company's 1st funding round was a Seed of $40M, raised on Sep 13, 2023.
What does Veea do?
Veea was founded in 2014 and is headquartered in New York, United States. Operations focus on the edge computing and telecommunications sectors, where end-to-end platforms are offered for deploying and managing connectivity and computation meshes. Multi-WAN connectivity to the internet and public or private clouds is enabled alongside connections to IoT and user devices. Services cover the full lifecycle, from initial deployment to ongoing maintenance of edge network assets.
Who are the top competitors of Veea?
Veea's top competitors include Blaize, EnCharge and Armada Logistics.
What products or services does Veea offer?
Veea offers Veea Edge Platform and VeeaHub Edge Servers.
How many acquisitions has Veea made?
Veea has made 1 acquisition, including Virtuosys.
Who are Veea's investors?
Veea has 1 investor. Key investors include Crowdkeep.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.