Veo

Copenhagen, Denmark Founded: 2015 • Age: 11 yrs
AI-based sports video recording and broadcasting platform is developed.
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About Veo

Veo is a company based in Copenhagen (Denmark) founded in 2015 by Jesper Taxbol, Keld Reinicke, and Henrik Teisbaek. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Veo has raised $114.69 million across 5 funding rounds from investors including ATP, Ventech and SEED Capital. Veo offers products and services including Veo Cam 3, Veo Go, Veo Editor, Veo Live, and Veo Analytics. Veo operates in a competitive market with competitors including Hudl, PlaySight, Spiideo, Sportlogiq and Dartfish, among others.

  • Headquarter Copenhagen, Denmark
  • Founders Jesper Taxbol, Keld Reinicke, Henrik Teisbaek
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Veo Technologies Aps
Operational Areas
Media & Entertainment → Sports, Events & Attractions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $114.69 M (USD)

    in 5 rounds

  • Latest Funding Round
    $80 M (USD), Series C

    Jun 01, 2022

  • Investors
    ATP

    & 5 more

  • Employee Count
    Employee Count
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Products & Services of Veo

Veo offers a comprehensive portfolio of products and services, including Veo Cam 3, Veo Go, Veo Editor, Veo Live, and Veo Analytics. 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.

Primary

Broadcast-quality recordings are provided using advanced sports technology.

Matches are recorded using iPhones with automated software.

Game footage is analyzed and highlights are created.

Matches are livestreamed to various platforms for viewers.

AI-powered tools are used for advanced match analysis.

People of Veo
Headcount 50-200
Employee Profiles 106
Board Members and Advisors 1
Employee Profiles
People
Gustav Duckert
Product Manager - Acquisition
People
Assunção Quina
Marketing And Operations At Partners Channel
People
Marcus Kosak
Global Head Of Partnerships
People
Sune Lehmann-Jacobsen
Head Of Pricing And Commercial Strategy

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Board Members and Advisors
people
Ulla Brockenhuus-Schack
Board Member

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Funding Insights of Veo

Veo has successfully raised a total of $114.69M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $80 million completed in June 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 Rounds 5
  • Last Round Series C — $80.0M
  • First Round

    (15 Dec 2015)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Series C - Veo Valuation ATP
Dec, 2020 Amount Series B - Veo Valuation Chr. Augustinus Fabrikker
May, 2019 Amount Series A - Veo Valuation Courtside Ventures , Ventech
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Veo

Veo has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include ATP, Ventech and SEED 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage funding is provided to innovative founders by Ventech.
Founded Year Domain Location
Venture capital firm backing Nordic tech startups from seed to Series A with investments in Consumer, Deep Tech, and related sectors.
Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Veo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Veo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Veo Comparisons

Employees
+
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Competitors of Veo

Veo 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 Hudl, PlaySight, Spiideo, Sportlogiq and Dartfish, 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
Provider of sports video analysis platform
domain founded_year HQ Location
Video automated smart court systems for sports analytics are provided.
domain founded_year HQ Location
AI-driven sports video recording and performance analysis solutions are offered.
domain founded_year HQ Location
Hockey analytics are provided using single-camera game footage.
domain founded_year HQ Location
Video analysis solutions are provided for sports coaches and athletes.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Veo

Frequently Asked Questions about Veo

When was Veo founded?

Veo was founded in 2015.

Where is Veo located?

Veo is headquartered in Copenhagen, Denmark.

Who is the current CEO of Veo?

Henrik Teisbaek is the current CEO of Veo. They have also founded this company.

Is Veo a funded company?

Veo is a funded company, having raised a total of $114.69M across 5 funding rounds to date. The company's 1st funding round was a Series A of $7.08M, raised on Dec 15, 2015.

What does Veo do?

AI-driven video recording and analysis tools are offered by Veo for sports teams. Solutions cater to various sports including football, rugby, and basketball. Products like Veo Cam 3 and Veo Go are designed for capturing high-quality match footage. Analytical tools such as Veo Editor and add-ons like Veo Analytics are provided for post-match insights. Live streaming capabilities through Veo Live are also included. Services target clubs, schools, and larger organizations within the sports sector.

Who are the top competitors of Veo?

Veo's top competitors include Hudl, Spiideo and Sportlogiq.

What products or services does Veo offer?

Veo offers Veo Cam 3, Veo Go, Veo Editor, Veo Live, and Veo Analytics.

Who are Veo's investors?

Veo has 6 investors. Key investors include ATP, Ventech, SEED Capital, Chr. Augustinus Fabrikker, and Courtside Ventures.

What is Veo's valuation?

The valuation of Veo is $439.6M as of Jun 2022.

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