Veritonic
Veritonic is a technology company.
Financial History
Veritonic has raised $15.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has Veritonic raised?
Veritonic has raised $15.0M in total across 3 funding rounds.
Veritonic is a technology company.
Veritonic has raised $15.0M across 3 funding rounds.
Veritonic has raised $15.0M in total across 3 funding rounds.
Veritonic has raised $15.0M in total across 3 funding rounds.
Veritonic's investors include BDC Venture Capital, Lavrock Ventures, Momenta Ventures, OurCrowd, Primetime Partners, Ronald Cohen, Alumni Ventures, BITKRAFT Ventures, Flying Fish Partners, Galaxy Digital, Galaxy Interactive, Hannah Grey.
Veritonic is the industry's leading audio research and analytics platform, providing brands, publishers, agencies, and platforms with tools to research, test, and measure the ROI of audio assets and campaigns across podcasts, streaming audio, broadcast radio, audiobooks, video, CTV, and social channels.[1][2][3][4] Its platform unifies creative testing, brand lift, attribution, competitive intelligence, and audience insights in an easy-to-use interface, enabling optimization of omni-channel audio investments and delivering actionable benchmarks for campaign success.[1][3] Headquartered in New York City with around 50 employees and $10.5 million in revenue, Veritonic serves world-renowned clients by mitigating risk, boosting engagement, and increasing returns through data-driven audio strategies.[1][5]
The company solves key challenges in audio marketing, such as unreliable audience demographics, fragmented measurement, and the need for full-funnel insights from pre-market testing to post-campaign analysis.[2][3] Growth momentum is evident in recent launches like the Audience Insights solution—combining device graph and self-reported data for scalable podcast demographics—and enhancements to Creative Measurement for streamlined setup and collaboration.[2][3]
Veritonic was co-founded by Scott Simonelli, who serves as CEO, though specific founding year and detailed backstory on idea emergence are not detailed in available sources.[3] The company emerged to address gaps in audio analytics, providing a comprehensive platform as audio channels like podcasts and CTV gained prominence amid rising advertiser demand for reliable ROI measurement.[1][2] Early traction likely built on its positioning as the go-to solution for omni-channel audio optimization, evolving from core audio research to expanded capabilities in brand lift, attribution, and audience insights for podcasts, streaming, and video.[1][4] Pivotal moments include recent product launches, such as the 2025 Audience Insights solution and Creative Measurement enhancements, reflecting adaptation to industry needs for accurate, affordable data without single-source dependency.[2][3]
Veritonic rides the explosive growth of audio-first media and omni-channel advertising, where podcasts, CTV, streaming audio, and social demand sophisticated measurement amid shifting consumption—like YouTube as audio background or Smart TVs prioritizing sound.[4][6] Timing is ideal as audio investments surge, but challenges persist in attribution, demographics, and brand lift; Veritonic's multi-method approach fills these voids, enabling brands to treat audio as a performance channel rather than just awareness play.[1][2] Market forces favoring it include podcasting's rapid expansion, CTV's scale, and the push for full-funnel metrics beyond clicks/ROAS, positioning Veritonic to influence ecosystem standards for audio efficacy.[3][6] By empowering publishers, advertisers, and agencies with benchmarks and optimization, it drives smarter investments, co-creates cultural impact via partnerships like Authentic Intelligence, and elevates audio's strategic role in martech.[4]
Veritonic is poised to dominate audio analytics as CTV, podcasts, and social audio converge, with expansions into adaptive, outcome-focused tools likely fueling client adoption and revenue growth beyond $10.5 million.[1][4] Upcoming trends like audio attention metrics, pre/post-launch testing ubiquity, and AI-enhanced insights will shape its trajectory, potentially integrating deeper with programmatic platforms.[6] Its influence may evolve from niche optimizer to ecosystem leader, standardizing benchmarks and enabling brands to "co-create culture" through measurable audio experiences—building directly on its current momentum in unbiased, full-funnel measurement.[2][3][4]
Veritonic has raised $15.0M across 3 funding rounds. Most recently, it raised $8.0M Series A in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $8.0M Series A | BDC Venture Capital, Lavrock Ventures, Momenta Ventures, OurCrowd, Primetime Partners, Ronald Cohen | |
| Oct 1, 2020 | $3.0M Seed | OurCrowd, Primetime Partners, Ronald Cohen | |
| Jul 1, 2018 | $4.0M Seed | Alumni Ventures, BITKRAFT Ventures, Flying Fish Partners, Galaxy Digital, Galaxy Interactive, Hannah Grey, Imagination Capital, Ligature, Moonshots Capital, Path Ventures, Redpoint Ventures, Science, Unlock Venture Partners, Don Dodge, Josh Elman, Loic Le Meur, Mark Pincus |