Veea

New York, United States Founded: 2014 • Age: 12 yrs Listed Acquired By Crowdkeep
Edge computing platforms and multi-access communications solutions are provided.

About Veea

Veea is a publicly listed company based in New York (United States) founded in 2014 by Michael Salmasi, and was acquired by Crowdkeep in May 2025. Edge computing platforms and multi-access communications solutions are provided. Veea has raised $40 million across 2 funding rounds from investors including Crowdkeep. Veea has completed 1 acquisition, including Virtuosys. Its chief executive, as recorded, is Michael Salmasi. Veea offers products and services including Veea Edge Platform and VeeaHub Edge Servers. Its focus areas include High Tech, Edge Computing and Edge Computing Stack. Its legal entity is Veea Inc. Its competitors include Blaize, EnCharge and Armada Logistics; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters New York, United States
  • Founders Michael Salmasi
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website veea.com
  • Social LinkedIn X Facebook YouTube
  • Acquired by Crowdkeep (May 2025)
  • Legal Name Veea Inc.
Key Metrics
  • Annual Revenue
    $222.02 K (USD)
    56.62
    as on Dec 31, 2025
  • Net Profit
    -$6.66 M (USD)
    85.99
    as on Dec 31, 2025
  • EBITDA
    -$18.06 M (USD)
    36.27
    as on Dec 31, 2025
  • Total Equity Funding
    $40M (USD)

    in 2 rounds

  • Investors
  • Investments & Acquisitions
  • Acquired by
    Crowdkeep

    (May 2025)

Products & Services of Veea

Veea offers a comprehensive portfolio of products and services, including Veea Edge Platform and VeeaHub Edge Servers.

Veea Edge Platform
Edge Computing Platform

Platform for hyperconnectivity, computing, and AI security solutions.

VeeaHub Edge Servers
Hardware Servers

Servers for enterprise connectivity and industrial IoT applications.

Apps and channels of Veea

its YouTube channel Veea Inc. has 181 subscribers and 12 videos.

Veea Inc.
YouTube 181 subscribers 12 videos Science & Technology
Open channel

Videos from Veea

The most watched videos on Veea's YouTube channel, Veea Inc. (181 subscribers). Click a video to play it here.

Veea & Trollee
3.3K views
Introduction to Veea Edge Platform
1.3K views
TROLLEE P2 - User Journey
557 views
Digital Inclusion with vTBA
393 views

More on Veea Inc..

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 $40M
  • Total Rounds 2
  • First Round $40M

    (Sep 2023)

All 2 funding rounds of Veea with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2023Debt – Conventional––
–
Sep 2023$40MSeed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Veea

Veea has secured backing from 1 investor. Prominent investors backing the company include Crowdkeep.

All
InvestorDescriptionFounded YearDomainLocation
Provides IoT platforms for tracking assets, personnel, and operations in various industries.
2012crowdkeep.com
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Investor details for Veea

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People of Veea

21 people are tracked at Veea (16 in leadership, 3 in board & advisors, 2 in team).

NameRoleGroup
Michael Salmasi
Founder & Co-CEOLeadership
Allen Salmasi
Chairman & Co-CEOLeadership
Tom Williams
Vice President Of Worldwide SalesLeadership
Leonard Glazman
Director EMEA SalesLeadership
Nicolas Hurtado
Futurist, Vice President IoT StrategyLeadership
Steve Okun
Director of Systems DeploymentLeadership
Ewam de Freitas
Chief Product OfficerLeadership
Douglas Maine
DirectorLeadership
Neil Beedie
Operations, Solutions and Delivery DirectorLeadership
Rich Kerr
SR VP Product DevelopmentLeadership
Mark Tubinis
Chief Commercial OfficerLeadership
Joseph Warner
Director Program ManagementLeadership
Janice Smith
Chief Operating OfficerLeadership
Michael Mirabella
Director Of Mechanical EngineeringLeadership
Chris Oakes
Director, Solutions EngineeringLeadership
Marcus Gava
Head Of SalesLeadership
Kanishka Roy
DirectorBoard & advisors
Gary Cohen
DirectorBoard & advisors
Allan Black
DirectorBoard & advisors
Mohan Gundu
SVP, EngineeringTeam

1 more people are available in the full profile.

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IPO & Listings of Veea

Veea is a publicly listed company on the NASDAQ with ticker symbol VEEA in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNASDAQ: VEEA
  • Listed entityVeea Inc.
  • Exchange sectorTechnology services
  • ISINUS6934892059
  • Share price$5.20 (+12.8% on the day) · 2026-10-13
  • Market capitalisation$16.2M
  • Volume (last session)4,622,728

Financials of Veea

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$222,020-$6.7M-$18.1M
2024$141,760-$47.5M-$28.3M
2023$9.1M-$15.6M-$8.8M
2022$10.6M-$4.1M
2021$6.6M-$2.9M
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Detailed financial statements for Veea

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Veea

Veea has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Virtuosys.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Edge computing platform for data analysis is provided.
virtuosys.comBath, United Kingdom2015Jun 2018β€’β€’β€’β€’
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Complete acquisition details for Veea

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Timeline of Veea

5 dated milestones of Veea across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Veea is founded.
  2. Acquisition Acquires Virtuosys.
  3. Funding First funding round of $40.0M.
  4. Funding Latest funding round, Debt – Conventional,.
  5. Exit Acquired by Crowdkeep.

Competitors of Veea

Veea has 3 listed competitors in our database, 3 of them funded. They include Blaize, EnCharge and Armada Logistics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blaize.com2010El Dorado Hills, United States$136M132
Edge AI infrastructure solutions are provided for diverse applications.
enchargeai.com2022Santa Clara, United States$144.3M
Provider of AI computation stack solution
armada.ai2016Boston, United States$227.32M
Connected solution to monitor shipments in transit
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Detailed competitors of Veea

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Web traffic of Veea

The website of Veea (veea.com) receives about 3.8K visits a month.

  • Monthly visits
    3.8K

    ▼ 20.1% vs previous month

Top companies in Big Data & Cloud Infrastructure

3 companies that operate in the same segment as Veea (Big Data & Cloud Infrastructure) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based database-as-a-service platform is provided for application development.
2007New York, New York, United StatesUSD 311.32 MUSD 2.46 B8,070
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
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Related news about Veea

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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 CEO of Veea, as recorded in our data. They have also founded this 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 2023.

Annual revenue of Veea is $222.02K as on Dec 31, 2025.

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.

Yes, Veea is publicly traded on NASDAQ under the ticker symbol VEEA.

Veea has made 1 acquisition, including Virtuosys.

Veea has 1 investor. Key investors include Crowdkeep.

Veea operates through Veea Inc.

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