About Veeve
Veeve is a Retail company based in Seattle (United States) founded in 2018 by Shariq Siddiqui. AI-powered smart carts are used for retail checkout solutions. It operates on a SaaS (Software-as-a-Service) and Retail Media Ad Display model. 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. Its focus areas include Technology, Retail Tech and Smart Shopping Solutions. Its legal entity is VEEVE INC. Its competitors include Grabango, AiFi and Moltin; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$10.78M (USD)
in 4 rounds
- Latest Funding Round$6.7M (USD), Series A
Oct 2022
- InvestorsFoothill Ventures
& 4 more
Products & Services of Veeve
Veeve offers a comprehensive portfolio of products and services, including AI-Assisted Shopping Device and Engage Service.
AI device enhances shopping with personalized in-store experiences.
Service boosts engagement without requiring retailer system integration.
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 $10.78M
- Total Rounds 4
- Last Round Series A — $6.7M
- First Round $2.16M
(Oct 2019)
- Investors Count 5
All 4 funding rounds of Veeve 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 |
|---|---|---|---|---|---|
| Oct 2022 | $6.7M | Series A | – | Foothill Ventures, Creative Ventures | |
| Jan 2022 | $420,000 | Seed | – | – | – |
| Mar 2021 | $1.5M | Seed | – | – | – |
| Oct 2019 | $2.16M | Seed | – | – | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on pre-seed tech startups | foothill.ventures | Los Altos, United States | ||
Creative Ventures is focused on deep tech venture investments. | creativeventures.vc | San Francisco Bay Area, United States | ||
Venture capital is provided to food and retail tech startups. | foodretailventures.com | Miami, United States | ||
Flying Fish Ventures is focused on investing in AI and ML startups. | flyingfish.vc | Seattle, United States | ||
Early-stage venture capital investments are made in consumer tech. | 2015 | xrcventures.com | New York, United States |
Investor details for Veeve
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
People of Veeve
4 people are tracked at Veeve (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Shariq Siddiqui | Founder | Leadership |
Saleem Lalani | CFO | Leadership |
Khalid Muaydh | Unknown Role | Team |
Hira Abbasi | Recruitment Specialist | Team |
Complete people profiles for Veeve
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Veeve
3 dated milestones of Veeve across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Veeve is founded.
- Funding First funding round of $2.2M.
- Funding Latest funding round, Series A, of $6.7M.
Competitors of Veeve
Veeve has 3 listed competitors in our database, 3 of them funded. They include Grabango, AiFi and Moltin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| grabango.com | 2016 | Sacramento, United States | $79.32M | 104 | App-based automated checkout solutions are provided for offline retailers. | |
| aifi.com | 2016 | Santa Clara, United States | $90.7M | 19 | AI-based autonomous store solutions are provided for retailers and brands. | |
| moltin.com | 2013 | Boston, United States | $13.37M | Cloud-based online store creation and self-checkout solutions |
Detailed competitors of Veeve
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Veeve
The website of Veeve (veeve.io) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 4.7% vs previous month
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as Veeve (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Related news about Veeve
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Frequently Asked Questions about Veeve
Veeve was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Veeve is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
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 $2.16M, raised on Oct 2019.
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.
Veeve offers AI-Assisted Shopping Device and Engage Service.
Veeve has 5 investors. Key investors include Foothill Ventures, Creative Ventures, Food Retail Ventures, Flying Fish Ventures, and XRC Ventures.
Veeve operates through Veeve Inc..