Strong Revenue Growth
Veritone delivered revenue of over $29 million, representing a 32% year-over-year increase. The Software Products & Services sector saw a 55% growth, with a 200% increase excluding Veritone Hire.
Significant Debt Reduction
Veritone has retired 100% of its term debt and repurchased 50% of its convertible debt, reducing annual debt service costs from over $14 million to approximately $800,000.
VDR Pipeline Growth
The Veritone Data Refinery (VDR) business saw a 100% quarter-over-quarter increase in its pipeline and bookings now exceeding $40 million.
Public Sector Expansion
Closed 82 contracts in Q3 with federal, state, and local agencies, with the public sector pipeline now approaching $218 million, up from $110 million earlier this year.
Successful Capital Raises
Veritone secured over $100 million in equity capital in September and October 2025, significantly improving its liquidity position.