About Veem
Veem is a company based in San Francisco (United States) founded in 2014. Veem has raised $92.5 million across 6 funding rounds from investors including Truist, Goldman Sachs and SVB. The company has 40 employees. Veem operates in a competitive market with competitors including Tipalti, Payoneer, Ebury, Airwallex and Rapyd, among others.
- Total Equity Funding$92.5M (USD)
in 6 rounds
- InvestorsTruist
& 22 more
- Employee Count40
Funding Insights of Veem
Veem has successfully raised a total of $92.5M across 6 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 $92.5M
- Total Rounds 6
- Investors Count 23
All 6 funding rounds of Veem with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | – | Series C | – | – | |
| Sep 2020 | $31M | Series C | – | Truist | |
| Sep 2018 | $25M | Series B | – | Goldman Sachs | |
| Mar 2017 | $24M | Series B | – | National Australia Bank, Goldman Sachs | |
| Nov 2015 | $12.5M | Series A | – | Kleiner Perkins | |
| Apr 2015 | – | Seed | – | Fenway Summer Ventures, Bay Hill Capital | – |
23 investors in total: 23 institutional.
Investors in Veem
Veem has secured backing from 23 investors, including institutional and venture fund investors. Prominent investors backing the company include Truist, Goldman Sachs and SVB.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | myerfamilyinvestments.com.au | - | |
Corporate backed venture capital fund investing in multiple sectors | – | gv.com | Mountain View, United States | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Venture capital firm backed by Trend Micro | – | trendforward.com | San Jose, United States | |
Investments are made in early-stage fintech startups by AB Ventures. | – | abventures.vc | - | |
Early & Growth stage tech & offline focused VC firm investing in the US & China | – | extolcap.com | Beverly Hills, United States | |
Blockchain-focused investment funds and venture capital are provided. | – | panteracapital.com | Menlo Park, United States | |
Venture capital funds are managed to support unlisted companies' growth. | – | sbinvestment.co.jp | Minato City, Japan | |
Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors | – | recruitstrategicpartners.com | San Mateo, United States |
Investor details for Veem
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Veem
20 people are tracked at Veem (7 in leadership, 13 in team); the tracked headcount is 40.
| Name | Role | Group |
|---|---|---|
Marwan Forzley | CEO, Co-Founder | Leadership |
Olivier Veyrac | Vice President, Business Development | Leadership |
Reagan Nickl | Director of Growth | Leadership |
Kapil Goyal | Senior Vice President, Product, Data And Technology | Leadership |
Pramod I. | Chief Financial Officer | Leadership |
Sheila James | Chief Customer Success Officer | Leadership |
A. Ahmed | Head - FX & Pricing | Leadership |
Christopher Terrell | Product Manager | Team |
Santiago Moreno Hidalgo | Senior Web Developer | Team |
Vanessa Rowe | Growth Marketing Manager | Team |
Rahul Suresh V. | Lead Devops Engineer | Team |
Emad Badawi | Tech Lead – Product, Application & Data Security | Team |
Helen Zheng | Intermediate Accountant | Team |
Sana Shaikh | Senior Business Development Representative | Team |
Dani L | Software Engineer | Team |
Vladislav Musienko | Senior Java Software Engineer | Team |
Gabriel Borges | Frontend/product Leader | Full-stack Developer | Javascript | React | Redux | PHP | Node | Team |
Sriram Ramakrishnan | Lead Platform Product Manager - Cross Border Payments | Team |
Meng Li | Finance Manager | Team |
Lisa Dempsey | Corporate Controller | Team |
Complete people profiles for Veem
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Veem
3 dated milestones of Veem across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Veem is founded.
- Funding First funding round.
- Funding Latest funding round, Series C,.
Competitors of Veem
Veem 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 Tipalti, Payoneer, Ebury, Airwallex and Rapyd, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| payoneer.com | 2005 | New York, United States | $269M | 2,407 | Cross-border payments are enabled for businesses via diverse payout methods. | |
| ebury.com | 2009 | London, United Kingdom | $374.12M | 1,057 | Forex risk management and payment solutions are provided for businesses. | |
| airwallex.com | 2015 | Singapore | $1.25B | – | Cross-border payments are processed for businesses via tools and APIs. | |
| rapyd.net | 2016 | London, United Kingdom | $1.26B | – | Global payment solutions are provided by Rapyd to businesses worldwide. | |
| currencycloud.com | 2007 | London, United Kingdom | $186.88M | 97 | Cloud-based payment solutions are provided for cross-border transactions. | |
| flywire.com | 2009 | Boston, United States | $283.35M | 1,250 | Flywire is recognized as a global payments and software expert. | |
| thunes.com | 2016 | Singapore | $352M | – | Cross-border payment infrastructure provider | |
| azafinance.com | 2013 | London, United Kingdom | $41.76M | – | Software for cross-border remittances and forex management is provided. | |
| vertofx.com | 2017 | Palo Alto, United States | $12.1M | 47 | Cross-border payments and foreign exchange solutions are provided to businesses. |
Detailed competitors of Veem
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Veem
The website of Veem (veem.com) receives about 300.1K visits a month and ranks #128,287 among all websites worldwide, #8,033 in Financial Planning and Management.
- Monthly visits300.1K
▲ 21.9% vs previous month
- Unique visitors81.7K
per month
- Global rank#128,287
among all websites
- Category rank#8,033
Finance · Financial Planning and Management
- Bounce rate32%
- Pages per visit6.4
- Average visit3 min 44 sec
- DevicesDesktop 55% · Mobile 45%
Websites whose visitors overlap most with Veem. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| top10moneytransfer.com | 100% | – | #1,210,759 | View details | |
| icard.com | 94% | 132K | #288,431 | View details | |
| westernunion.com | 92% | 10.6M | #3,540 | View details | |
| paywithextend.com | 91% | 106.1K | #218,179 | View details | |
| getnickel.com | 91% | 1.7K | #8,813,725 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Veem
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Veem
Complete news archive for Veem
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Veem
10 companies that operate in the same segment as Veem (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Veem
Veem was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Veem is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Veem is a funded company, having raised a total of $92.5M across 6 funding rounds to date.
Veem has 40 employees.
Veem was founded in 2014 and is headquartered in San Francisco, United States. An online platform is operated by the company within the fintech sector, focusing on business-to-business payments. Bank accounts are linked by users to profiles, allowing payments to be sent and received in local currencies at designated exchange rates and processing times. Blockchain technology is employed periodically for transaction settlements.
Veem has 23 investors. Key investors include Truist, Goldman Sachs, SVB, National Australia Bank, and Kleiner Perkins.
Veem operates through Align Commerce, Corp..
The website of Veem receives about 300 thousand visits a month and ranks #128,287 among all websites worldwide.