Slide 1: Investor Presentation
Investor Presentation August 2025 Copyright © 2025 Veritone, Inc. All rights reserved. Copyright © 2025 Veritone, Inc. All rights reserved. Trademarks are the property of their respective owners.
Slide 2: Forward-Looking Statements & Disclaimers
Forward-Looking Statements & Disclaimers This presentation of Veritone, Inc. (the “Company”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. Without limiting the generality of the foregoi
Slide 3: The enterprise AI company that makes humans even better
The enterprise AI company that makes humans even better. Veritone is a leading enterprise AI software, applications and services provider with one mission – to advance the capabilities of AI to empower people to do more than they ever thought possible. Software, products & Founded in NASDAQ: Employe
Slide 4: A decade+ of leading the way
• Acquires Machine Box; company exceeds 300 full-time employees A decade+ • aiWARE applications include IDentify, Redact and Attribute • Acquires Performance Bridge Media • Awarded a sole- • Acquires Wazee Digital source contract • First $1M quarter for aiWARE from the U.S. Air • Anaheim PD becomes
Slide 5: The Data Problem
It all starts with The Data Problem data. We’re committed to Every day, enterprises generate a advancing AI technology massive volume of data—most of it to help transform unstructured. unstructured data into insights, insights into action, Vast amounts of audio, video and text and action into impact
Slide 6: Unstructured data in, intelligence and automation out
Unstructured data in, intelligence and automation out. 862 Unique AI Models Used Entertainment archives • Bodycam footage • Sports broadcasts Drone footage • CCTV • News broadcasts • Courtroom recordings Radio broadcast • Podcasts • Interviews • Phone call recordings Audio books • Legal Proceedings
Slide 7: Our Platform Solution: Veritone aiWARE
Our Platform Solution Veritone aiWARE ● AI Platform: A proprietary AI operating system that supports and offers Enterprise AI OS hundreds of cognitive and generative AI models to analyze, organize, and act on data in near real-time. Industry Applications Application Layer ● Intelligent Data Lake: A
Slide 8: An Operating system for AI
An Operating system for AI …compare to a computational OS Veritone Application suite Office 365 Suite Industry Applications Industry Applications API API aiWARE Windows Copyright © 2025 Veritone, Inc. All rights reserved. 8
Slide 9: Empowering a robust partner & customer ecosystem
Empowering a robust partner & customer ecosystem. Copyright © 2025 Veritone, Inc. All rights reserved. 9 Copyright © 2025 Veritone, Inc. All rights reserved. Trademarks are the property of their respective owners.
Slide 10: Problems we solve
Problems we solve Data rich, Restricted AI insight poor ecosystems Organizations struggle to manage Legacy technology is not and leverage vast amounts of designed to efficiently unstructured data—audio, video, integrate, process, and analyze and text – and how to activate it. large amounts of divers
Slide 11: Commercial Enterprise
Our AI applications and custom-built SELECT CUSTOMERS Commercial Enterprise AI solutions unlock tremendous value for commercial enterprise. Veritone enables enterprises to leverage AI to transform workflows and unlock value across functions in many industries through both pre-built AI applications a
Slide 12: Public Sector
AI-powered solutions to help government SELECT CUSTOMERS Public Sector agencies and law enforcement to automate processes, enhance compliance, and improve operational efficiency. Veritone’s public sector offerings can greatly accelerate workflows for law enforcement, government, and public safety ag
Slide 13: Veritone Data Refinery
Transform data. Power Veritone Data Refinery Intelligence. Meet Veritone Data Refinery (VDR). Designed to help enterprises transform vast amounts of unstructured data into high-quality, AI-ready assets. Through aiWARE’s advanced capabilities, VDR transforms disparate data silos into a centralized an
Slide 14: Premium training data is essential
Premium training data is essential. Veritone Data Refinery As AI models’ data needs advance from Text, to Images, to Audio & Video, Veritone is uniquely and strategically positioned to capitalize on this audio and video market demand. Veritone aiWARE* TEXT IMAGE VIDEO 862 500B-1T Tokens 1B+ Images 1
Slide 15: Significant revenue opportunities
Significant revenue opportunities. Veritone Data Refinery Veritone’s targeted CAGR of 345% from 2024 to 2027 to address the large and growing training data market. $17B Training Data Market1 Direct Veritone Revenue Opportunity2 $60M $17.04 $40M $5-20M $2.39 2025 2026 1Sources: Fortune Business Insig
Slide 16: The depth, breadth and experience to win
The depth, Veritone Data Refinery breadth and experience to win. For over ten years, Veritone has successfully transformed unstructured data, including licensing, monetization and management of IP rights, for over 3,200 customers in the commercial and public sectors. Logos represent existing Veriton
Slide 17: Veritone's Growth Drivers
Veritone’s Growth Drivers Unlock the potential of Capitalize on data & Harness expanding existing customers integration capabilities market opportunity • Showcase expanding market • Deliver product ecosystem • Expand our offerings to meet applications of solutions across designed to drive operationa
Slide 18: Earnings Results Snapshot
Earnings Financials Results $24.0M 2Q25 Total Revenue $17.5M 2Q25 Software Products & $13.6M Cash & Cash Equivalents2 Snapshot Services Revenue KPIs Key indicators in 2Q251 3,067 $62.6M >90% 2Q25 Total Software 2Q25 Annual 2Q25 Gross Revenue Products & Services Recurring Revenue3 Retention2,3 Custom
Slide 19: Recent Business Highlights
Recent Business Highlights Veritone Signs Agreement with Riverside County Veritone Announces Equity Offering of $10 Million May Sheriff’s Office for AI Redaction Technology Jun with Participation from CEO 27 Announced a multi-year agreement with the Riverside County Sheriff’s Office 30 Announced Ver
Slide 20: Financial Update
Financial Update Copyright © 2025 Veritone, Inc. All rights reserved.
Slide 21: 2Q25 Financial Highlights
2Q25 Financial Highlights $ in Millions QUARTERLY REVENUE ANNUAL RECURRING REVENUE (ARR) $24.1 $24.0 $67.9 $63.3 $62.6 $22.4 $22.5 $58.8 $58.7 $22.0 2Q24 3Q24 4Q24 1Q25 2Q25 2Q24 3Q24 4Q24 1Q25 2Q25 Total Software Products & Gross Revenue Retention(1) Revenue CAGR (2017-2025E)(2) Services Customers(
Slide 22: Quarterly Key Performance Indicators
Quarterly Key Performance Indicators Three Months Ended Three Months Ended Percent Change June 30, 2025 June 30, 2024 $ in Thousands Revenue $24,013 $24,058 —% Loss from Operations $(19,318) $(20,306) (5)% Net Loss $(26,798) $(22,231) 21% Gross Profit $15,344 $16,415 (7)% Non-GAAP Gross Profit1 $16,
Slide 23: Diverse Revenue Mix
Diverse Revenue Mix SaaS and consumption-based sales model provides earnings stability and flexibility to contract with companies of various sizes and preferences across industries. $ in Millions Annual Recurring Revenue (SaaS) Annual Recurring Revenue (Consumption) SaaS Revenue as % of Total ARR $6
Slide 24: Software Products & Services
Software Products & Services 2Q HIGHLIGHTS REVENUE PERFORMANCE $ in Millions • Software Products & 20.0 Services Revenue of $17.5 $17.5 million 18.0 $15.6 $15.5 $2.1 16.0 $14.7 $14.5 • Total ARR (SaaS and $1.1 $1.4 14.0 $1.6 $1.3 Consumption) of $62.6 million from 3,067 Total 12.0 Software Products
Slide 25: Managed Services
Managed Services 2Q HIGHLIGHTS REVENUE PERFORMANCE $ in Millions • Revenue of $6.5 million $8.4 • Decline in Representation Services is primarily due to a $6.5 large one-time live event campaign in 2Q24 which did $4.9 not repeat in 2Q25. $5.0 $3.5 $1.5 2Q24 2Q25 2Q25 YoY Change Licensing 3% Represen
Slide 26: Balance Sheet Summary
Balance Sheet Summary Three Months Ended Three Months Ended June 30, 2025 December 31, 2024 $ in Thousands Cash and Cash Equivalents $13,568 $16,911 Current Assets $57,940 $59,406 Total Assets $186,806 $198,060 Current Liabilities $64,842 $60,957 Total Liabilities $185,588 $184,608 Stockholders’ Equ
Slide 27: Appendix
Appendix Copyright © 2025 Veritone, Inc. All rights reserved.
Slide 28: Outlook
Outlook Revenue and Non-GAAP Net Loss $ in Thousands FY25 E 3Q25 E Revenue $108.0M – $115.0M $28.0M – $30.0M 1 Non-GAAP Net Loss $(30.0)M – $(25.0)M $(6.5)M – $(6.0)M (1) See Appendix for reconciliation of Non-GAAP Gross Profit to Loss from Operations and Non-GAAP Net Loss to Net Loss. Copyright © 2
Slide 29: Quarterly GAAP to Non-GAAP Reconciliation (Unaudited)
Quarterly GAAP to Non-GAAP Reconciliation (Unaudited) Three Months Ended Three Months Ended $ in Thousands June 30, 2024 June 30, 2025 Net loss $ (22,231) $ (26,798) Net income from discontinued operations, net of income taxes (1,146) — Interest expense, net 3,034 3,434 Income taxes (78) 884 Depreci
Slide 30: Reconciliation of GAAP Net Income from Discontinued Operations
Reconciliation of GAAP Net Income from Discontinued Operations to Non-GAAP Net Income from Discontinued Operations (Unaudited) Three Months Six Months Ended $ in Thousands Ended June 30, June 30, 2024 2024 Net income from discontinued operations, net of income taxes $ 1,146 $2,148 Interest expense,
Slide 31: Reconciliation of Expected Non-GAAP Net Loss Range
Reconciliation of Expected Non-GAAP Net Loss Range to Expected GAAP Net Loss Range (Unaudited) Three Months Ending Year Ending $ in Millions September 30, 2025 December 31, 2025 Net loss $(19.0) to $(16.5) $(80.0) to $(67.0) Interest expense, net $3.0 to $2.5 $12.0 to $10.0 Income taxes $— to $(0.5
Slide 32: Quarterly Reconciliation of Non-GAAP Gross Profit to GAAP Gross Profit
Quarterly Reconciliation of Non-GAAP Gross Profit to GAAP Gross Profit Three Months Ended: Three Months Ended: June 30, 2025 June 30, 2024 $ in Thousands Revenues $24,013 $24,058 Operating expenses: Cost of revenue (exclusive of depreciation and $7,478 $6,342 amortization) Depreciation and amortizat
Slide 33: Second Quarter 2025 Revenue Summary
Second Quarter 2025 Revenue Summary 2Q25 CHANGE $ in Thousands 2Q24 2Q25 Q/Q Y/Y Commercial Enterprise Software Products & Services $14,510 $15,334 17% 6% Managed Services $8,426 $6,544 (18)% (22)% Subtotal $22,936 $21,878 4% (5)% Public Sector Software Products & Services $1,122 $2,135 60% 90% Mana
Slide 34: Supplemental Financial Information
Supplemental Financial Information Our customer composition is diverse and includes various segments across our verticals, each with different purchasing trends and pricing models. In order to provide enhanced visibility into our growth composition and broad customer base, we have added ARR as a key
Slide 35: Thank you.
Thank you. Copyright © 2025 Veritone, Inc. All rights reserved.