Veritone Achieves a Three-Peat in the Deloitte Technology Fast 500 Awards

Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, is a 2023 winner in the Deloitte Technology Fast 500, which recognizes the most innovative, fastest-growing technology companies in North America for advancements in technology, media, life sciences, fintech and energy tech. The award ranks each company out of the 500 winners based on a company’s percentage of revenue growth from the 2019 to 2022 fiscal years.

For almost a decade, Veritone has consistently delivered award-winning solutions across various business sectors. This year’s prize recognized Veritone Generative AI, the company’s enterprise-grade Platform-as-a-Service (PaaS), which enables the creation and extension of content and data at exceptional scale.

“Our recognition in the Deloitte Technology Fast 500 underscores Veritone’s commitment to innovation and sustained growth,” said Ryan Steelberg, President and CEO of Veritone. “We are dedicated to delivering AI solutions that advance human potential to help organizations solve problems and achieve more than ever before.”

The company’s growth is fueled in part by the successful introduction of Veritone Generative AI, which seamlessly integrates public large language models like GPT-3 and ChatGPT with domain-specific models, offering organizations new possibilities for predictive AI-generated content, enhanced audience engagement and diversified revenue streams.

The Veritone Public Sector business recently secured a $15 million Blanket Purchase Agreement with the U.S. Department of Justice (DOJ), streamlining access to Veritone’s AI-powered software and services across all DOJ agencies to rapidly transcribe, translate, locate, redact and extract critical evidence for various projects and initiatives.

Additionally, Veritone closed the acquisition of Broadbean, a global leader in software-as-a-service (SaaS) technology for talent acquisition and engagement. This strategic move is expected to generate annualized SaaS revenues over $35 million, strengthening Veritone’s position in the human resources solutions market, where it operates as Veritone Hire and combines the strengths of Broadbean and PandoLogic (acquired by Veritone in 2021) to promote a deeper, global commitment to AI-powered HR solutions.