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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Veea Inc
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Annual Revenue
$141.76 K (USD)-98.44as on Dec 31, 2024
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Net Profit
-$47.55 M (USD)-204.04as on Dec 31, 2024
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EBITDA
-$28.34 M (USD)-223.91as on Dec 31, 2024
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Total Equity Funding
$40 M (USD)
in 2 rounds
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Latest Funding Round
Not available
- Investors
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Crowdkeep
(May 15, 2025)
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Products & Services of Veea
Veea offers a comprehensive portfolio of products and services, including Veea Edge Platform and VeeaHub Edge Servers.
Platform for hyperconnectivity, computing, and AI security solutions.
Servers for enterprise connectivity and industrial IoT applications.
People of Veea
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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.
Investors in Veea
Veea has secured backing from 1 investor. Prominent investors backing the company include Crowdkeep.
| Investor | Description | Founded Year | Domain | Location |
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Provides IoT platforms for tracking assets, personnel, and operations in various industries.
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Locked | Locked | Locked |
Investor details for Veea
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Investments & Acquisitions by Veea
Veea has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Virtuosys.
Investment portfolio details for Veea
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Edge computing platform for data analysis is provided.
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Locked | Locked | 2015 | Locked |
Complete acquisition details for Veea
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Financial Statements - Veea
Detailed financials for Veea
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Veea Comparisons
Peer comparison for Veea
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Edge AI infrastructure solutions are provided for diverse applications.
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Provider of AI computation stack solution
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Connected solution to monitor shipments in transit
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IoT infrastructure and device management platforms are offered.
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SaaS based platform offering network management, edge computing, and managed security services
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Detailed competitors of Veea
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Latest news on Veea
Complete news archive for Veea
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Frequently Asked Questions about Veea
Veea was founded in 2014 and raised its 1st funding round 9 years after it was founded.
Veea is headquartered in New York, United States. It is registered at New York, New York, United States.
Michael Salmasi is the current CEO of Veea. They have also founded this company.
Veea is a funded company, having raised a total of $40M across 2 funding rounds to date.
Annual revenue of Veea is $141.76K as on Dec 31, 2024.
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.
Veea's top competitors include Blaize, EnCharge and Armada Logistics.
Veea offers Veea Edge Platform and VeeaHub Edge Servers.
Veea has made 1 acquisition, including Virtuosys.
Veea has 1 investor. Key investors include Crowdkeep.