Veritone Inc. Overview
Veritone, Inc., a prominent software company based in the United States, specializes in transforming audio, video, and other data sources into actionable intelligence. The company leverages its artificial intelligence (AI) operating system, aiWARE, to deliver software, services, and industry applications across various sectors.
Financial Snapshot
As of July 31, 2025, Veritone’s stock closed at $2.14 on the Nasdaq exchange. The company’s market capitalization stands at approximately $119.89 million. Over the past year, Veritone’s stock has experienced significant volatility, reaching a 52-week high of $5.635 on October 10, 2024, and a 52-week low of $1.22 on June 29, 2025. The price-to-earnings ratio is currently at -0.995, reflecting the company’s financial performance and market valuation.
Industry and Sector
Veritone operates within the Information Technology sector, specifically focusing on software development. The company’s innovative approach to utilizing AI to process and analyze diverse data types positions it as a key player in the software industry.
Key Developments
Veritone’s aiWARE platform is central to its operations, enabling the transformation of complex data into actionable insights. This capability is crucial for industries that rely on data-driven decision-making, enhancing Veritone’s appeal to a broad range of clients.
Conclusion
Veritone, Inc. continues to navigate the dynamic landscape of the software industry, driven by its advanced AI solutions. Despite recent stock fluctuations, the company remains focused on expanding its technological offerings and market presence.