About Veeve
Veeve is a company based in London (United Kingdom) founded in 2011. It operates as a Two-Sided Marketplace, and Commission-Based. Veeve has raised $11.1 million across 2 funding rounds from investors including Smedvig Capital. The company has 41 employees as of October 31, 2022. Veeve offers products and services including Short-Term Rentals and Host Services. Veeve operates in a competitive market with competitors including Airbnb, Sykes Cottages, Airbnb, UnderTheDoormat and StayOne, among others.
- Headquarter London, United Kingdom
- Employees 41 as on 31 Oct, 2022
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Underthedoormat Group
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.1 M (USD)
in 2 rounds
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Latest Funding Round
$5.2 M (USD), Series A
Nov 09, 2015
- Investors
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Employee Count
41
as on Oct 31, 2022
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Products & Services of Veeve
Veeve offers a comprehensive portfolio of products and services, including Short-Term Rentals and Host Services. 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.
Short-term luxury apartment rentals are offered in cities.
Management services for hosts are provided for rentals.
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Sales and Marketing
2 people
Leadership Team
1 people
Software Development Team
1 people
Operations Team
1 people
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Funding Insights of Veeve
Veeve has successfully raised a total of $11.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.2 million completed in November 2015. 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 2
- Last Round Series A — $5.2M
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First Round
First Round
(22 May 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Series A - Veeve | Valuation |
investors |
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| May, 2014 | Amount | Series A - Veeve | 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 Veeve
Veeve has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Smedvig 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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Investment in private equity and venture capital since 1996.
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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 Airbnb, Sykes Cottages, Airbnb, UnderTheDoormat and StayOne, 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 |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Holiday cottages are rented online via a dedicated platform.
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| domain | founded_year | HQ Location |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Online marketplace for booking vacation rentals
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| domain | founded_year | HQ Location |
Vacation rentals are booked via an online community platform.
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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 2011 and raised its 1st funding round 3 years after it was founded.
Where is Veeve located?
Veeve is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Veeve a funded company?
Veeve is a funded company, having raised a total of $11.1M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.9M, raised on May 22, 2014.
How many employees does Veeve have?
As of Oct 31, 2022, the latest employee count at Veeve is 41.
What does Veeve do?
Short-term luxury apartment rentals are facilitated by Veeve in premium locations across London and Paris. Unique homes are offered to guests for city breaks, with hotel-style services including personal greeters and professional housekeeping. The platform connects hosts with affluent travelers, enabling additional income through a managed service. Operations are focused in the hospitality sector, targeting vacation rental markets in key European cities. Comprehensive support is extended to both guests and hosts for seamless experiences.
Who are the top competitors of Veeve?
Veeve's top competitors include Airbnb, Airbnb and Sykes Cottages.
What products or services does Veeve offer?
Veeve offers Short-Term Rentals and Host Services.
Who are Veeve's investors?
Veeve has 1 investor. Key investors include Smedvig Capital.