Total amount raised
$113.3 Million
Latest funding date
2022-06-07
Location
Veo has successfully raised significant funding over multiple rounds, establishing itself as a key player in the sports technology industry. The company offers a range of smart sports tracking cameras and related services, including advanced analytics and live streaming capabilities.
Keep reading to explore the intricacies of Veo's fundraising journey and the investors backing this innovative platform.
What Is Veo?
Veo is a prominent player in the sports technology industry, offering smart sports tracking cameras and software solutions. Their products are designed to record, analyze, and livestream sports matches, catering to coaches, players, and teams at every level.
Veo's flagship products include the Veo Cam 3 and Veo Go, which utilize advanced AI technology to provide high-quality video recordings and analytics. Their software tools, such as the Veo Editor and Veo Analytics, help teams break down matches, create highlights, and share insights.
Veo's solutions cater to a wide range of sports and user groups, including clubs, leagues, parents, and educational institutions, making it a versatile choice for sports technology needs.
How Much Funding Has Veo Raised?
- Seed Round
- Amount Raised: EUR 2,000,000
- Date: August 2017
- Lead Investors: PSV
- Series A
- Amount Raised: USD 6,000,000
- Date: September 2019
- Lead Investors: Courtside Ventures
- Series B
- Amount Raised: EUR 20,000,000
- Date: January 2021
- Lead Investors: Chr. Augustinus Fabrikker
- Series C
- Amount Raised: EUR 75,000,000
- Date: June 2022
- Lead Investors: ATP
Veo has raised a total of USD 103,000,000 across all funding rounds.
Key Investors
- ATP
- Details: ATP is Denmark's largest pension and social security provider, managing assets worth billions of euros. They are known for their strategic investments in various sectors to ensure long-term returns for their beneficiaries.
- Investment Focus Areas: Pension funds, real estate, infrastructure.
- Notable Investments: Not publicly disclosed.
- Chr. Augustinus Fabrikker
- Details: Chr. Augustinus Fabrikker is a Danish investment company with a long history of supporting cultural and industrial development in Denmark. They focus on creating value through long-term investments in various sectors.
- Investment Focus Areas: Industrial companies, cultural institutions, real estate.
- Notable Investments: Not publicly disclosed.
- Courtside Ventures
- Details: Courtside Ventures is a venture capital firm that invests in early-stage companies across sports, media, and technology. They leverage their industry expertise to support the growth of innovative startups.
- Investment Focus Areas: Sports, media, technology.
- Notable Investments: The Athletic, StockX, Beam.
- PSV
- Details: PSV is a venture capital firm that focuses on early-stage investments in technology-driven companies. They aim to support startups with high growth potential through strategic funding and mentorship.
- Investment Focus Areas: Technology, healthcare, consumer products.
- Notable Investments: Not publicly disclosed.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay’s platform to access comprehensive fundraising data on companies like Veo and gather other critical business insights.
Sign up for free to start transforming your sales approach today.
