About VEED
VEED is a company based in London (United Kingdom) founded in 2019 by Sabba Keynejad and Timur Mamedov.. VEED has raised $35 million across 1 funding round from investors including Sequoia Capital. VEED operates in a competitive market with competitors including Synthesia, Pika Labs, HeyGen, Kapwing and Unscript, among others.
- Headquarter London, United Kingdom
- Founders Sabba Keynejad, Timur Mamedov
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Veed Limited
- Date of Incorporation 20 Mar, 2018
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 1 rounds
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Latest Funding Round
$35 M (USD), Series C
Feb 03, 2022
- Investors
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Employee Count
Employee Count
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Funding Insights of VEED
VEED has successfully raised a total of $35M through 1 strategic funding round. The most recent funding activity was a Series C round of $35 million completed in February 2022. 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 1
- Last Round Series C — $35.0M
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First Round
First Round
(03 Feb 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series C - VEED | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in VEED
VEED has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sequoia Capital. 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 |
|---|---|---|---|---|
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by VEED
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - VEED
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veed Comparisons
Competitors of VEED
VEED 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 Synthesia, Pika Labs, HeyGen, Kapwing and Unscript, 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 |
AI-based dubbing and subtitling solutions are provided for video content.
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| domain | founded_year | HQ Location |
Developer of a platform for creating and interacting with digital art
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| domain | founded_year | HQ Location |
AI-powered video creation platform
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| domain | founded_year | HQ Location |
Video creation and editing platform
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| domain | founded_year | HQ Location |
Videos are generated from scripts via AI algorithms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about VEED
When was VEED founded?
VEED was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is VEED located?
VEED is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of VEED?
Sabba Keynejad is the current CEO of VEED. They have also founded this company.
Is VEED a funded company?
VEED is a funded company, having raised a total of $35M across 1 funding round to date. The company's 1st funding round was a Series C of $35M, raised on Feb 03, 2022.
What does VEED do?
VEED was founded in 2019 and is headquartered in London, United Kingdom. The platform operates in the digital media sector, allowing videos to be uploaded for editing. Capabilities provided include adding subtitles, text, or images; cropping, filtering, or rotating footage; applying watermarks; and incorporating stickers, shapes, or slow-motion effects. Subscription packages are offered on monthly or annual terms to access these tools.
Who are VEED's investors?
VEED has 1 investor. Key investors include Sequoia Capital.
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