About Veeve
Veeve is a company based in Seattle (United States) founded in 2018 by Shariq Siddiqui. It operates as a SaaS (Software-as-a-Service), and Retail Media Ad Display. Veeve has raised $10.78 million across 4 funding rounds from investors including Foothill Ventures, Creative Ventures and Food Retail Ventures. Veeve offers products and services including AI-Assisted Shopping Device and Engage Service. Veeve operates in a competitive market with competitors including Grabango, AiFi, ITAB, Everseen and Moltin, among others.
- Headquarter Seattle, United States
- Founders Shariq Siddiqui
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Veeve Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.78 M (USD)
in 4 rounds
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Latest Funding Round
$6.7 M (USD), Series A
Oct 05, 2022
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Investors
Foothill Ventures
& 4 more
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Employee Count
Employee Count
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Products & Services of Veeve
Veeve offers a comprehensive portfolio of products and services, including AI-Assisted Shopping Device and Engage Service. 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.
AI device enhances shopping with personalized in-store experiences.
Service boosts engagement without requiring retailer system integration.
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Unknown Team
1 people
Finance and Accounting
1 people
Leadership Team
1 people
Software Development Team
1 people
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Funding Insights of Veeve
Veeve has successfully raised a total of $10.78M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.7 million completed in October 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 4
- Last Round Series A — $6.7M
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First Round
First Round
(22 Oct 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - Veeve | Valuation | Foothill Ventures , Creative Ventures | |
| Jan, 2022 | Amount | Seed - Veeve | Valuation |
investors |
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| Mar, 2021 | Amount | Seed - Veeve | Valuation |
investors |
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| 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 Veeve
Veeve has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Foothill Ventures, Creative Ventures and Food Retail Ventures. 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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Venture capital fund focused on pre-seed tech startups
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Founded Year | Domain | Location | |
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Creative Ventures is focused on deep tech venture investments.
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Founded Year | Domain | Location | |
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Venture capital is provided to food and retail tech startups.
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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 Veeve
| 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 - Veeve
| 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 |
Veeve Comparisons
Competitors of Veeve
Veeve 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 Grabango, AiFi, ITAB, Everseen and Moltin, 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 |
App-based automated checkout solutions are provided for offline retailers.
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| domain | founded_year | HQ Location |
AI-based autonomous store solutions are provided for retailers and brands.
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| domain | founded_year | HQ Location |
Self-checkout solutions are provided for retail businesses worldwide.
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| domain | founded_year | HQ Location |
AI-based theft detection is offered for offline retail stores.
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| domain | founded_year | HQ Location |
Cloud-based online store creation and self-checkout solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Veeve
Frequently Asked Questions about Veeve
When was Veeve founded?
Veeve was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Veeve located?
Veeve is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Veeve a funded company?
Veeve is a funded company, having raised a total of $10.78M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Oct 22, 2019.
What does Veeve do?
Veeve is established as a provider of AI-assisted shopping solutions for physical retail environments. The company focuses on enhancing in-store shopper engagement through smart shopping carts and personalized experiences. Solutions are designed to integrate with existing retailer systems, offering features like aisle-aware deals, real-time offers, and retail media delivery. The technology is deployed across major retail brands, aiming to increase basket sizes and drive revenue through data-driven personalization. Sectors served include retail technology with an emphasis on transforming the shopping journey from list-building to checkout.
What products or services does Veeve offer?
Veeve offers AI-Assisted Shopping Device and Engage Service.
Who are Veeve's investors?
Veeve has 5 investors. Key investors include Foothill Ventures, Creative Ventures, Food Retail Ventures, Flying Fish Ventures, and XRC Ventures.
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