aiWARE :

The Leading Enterprise AI Platform

June 2022

Copyright © 2022 Veritone, Inc. All rights reserved. CONFIDENTIAL. Trademarks are the property of their respective owners.

Copyright © 2022 Veritone, Inc. All rights reserved. CONFIDENTIAL. Trademarks are the property of their respective owners.

NASDAQ: VERI

Forward Looking Statements & Disclaimers

This presentation of Veritone, Inc. (the "Company") contains forward-looking statements that involve substantial risks and uncertainties. The words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "potential," "would," "could," "should," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward- looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. The forward-looking statements contained in this presentation reflect our current views with respect to future events.

Forward-looking statements represent our management's beliefs and assumptions only as of the date of this presentation. We have included important factors in the cautionary statements included in the Annual Report on Form 10-K and other periodic reports that we have filed with the Securities and Exchange Commission (the "SEC"), particularly in the Risk Factors sections, that we believe could cause actual results or events to differ materially from the forward-looking statements that we make. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.

Before you invest, you should read the Company's Annual Report on Form 10-K and the other documents the Company has filed with the SEC for more complete information about the Company. You may obtain these documents for free on the Company's website or by visiting EDGAR on the SEC website at www.sec.gov.

In addition to the Company's GAAP financial results, this presentation also includes certain non-GAAP financial measures. Tables detailing the items excluded from these non-GAAP financial measures and reconciling such non-GAAP financial measures with the most directly comparable GAAP financial measures are included in the Appendix.

The Company has provided these non-GAAP financial measures because management believes such information to be important supplemental measures of performance that are commonly used by securities analysts, investors and other interested parties in the evaluation of companies in its industry. Management also uses this information internally for forecasting and budgeting.

These non-GAAP financial measures should not be considered as an alternative to net income (loss), operating income (loss) or any other financial measures so calculated and presented, nor as an alternative to cash flow from operating activities as a measure of liquidity. Other companies (including the Company's competitors) may define these non-GAAP measures differently. These non-GAAP measures may not be indicative of the historical operating results of the Company or predictive of potential future results. Investors should not consider these non-GAAP financial measures in isolation or as a substitute for analysis of the Company's results reported in accordance with GAAP.

This presentation also contains information using industry publications that generally state that the information contained therein has been obtained from sources believed to be reliable, but such information may not be accurate or complete. While we are not aware of any misstatements regarding the information from these industry publications, we have not independently verified any of the data from third-party sources nor have we ascertained the underlying economic assumptions relied on therein.

Copyright © 2022 Veritone, Inc. All rights reserved. CONFIDENTIAL. Trademarks are the property of their respective owners.

NASDAQ: VERI

2

Veritone - A Leader in Enterprise AI

Veritone is a leader in enterprise AI software, services, and applications, helping companies transform their operations and solve the complexities of digital information today. With our AI solutions and rich partner ecosystem, our customers can address their current and future challenges, empowering them to run more efficiently, accelerate decision making, and gain a competitive edge.

PARTNERS

CUSTOMERS

Processing ~100,000 hours

Every Day...

Founded in

2014

NASDAQ:

VERI

35

Issued U.S. & Foreign Patents +

93 Pending Applications

650+

Employees

559+

SaaS customers including major media &

entertainment names

100+

Partners including Amazon, Google, Microsoft,

Oracle, Snowflake

Copyright © 2022 Veritone, Inc. All rights reserved. CONFIDENTIAL. Trademarks are the property of their respective owners.

NASDAQ:AQ:VERIVERI 3

Veritone at a Glance

Overview

Veritone's operating system for artificial intelligence, aiWARETM,

orchestrates a diverse ecosystem of machine learning models to

transform audio, video, text, and other unstructured data sources into

actionable intelligence

Multi-faceted aiWARETM platform capable of listening, watching,

analyzing, and optimizing the world's information and infrastructure

24/7/365

Cognition behind aiWARETM is being used extensively across major

Commercial Enterprises and Government & Regulated Industries

customers today, driving down the cost, complexity and time to

develop, deploy and distribute cognitively enabled applications across

any cloud or on-premise infrastructure

Q1 2022 Key Indicators Seeing Momentum

Financials

$34.4M

Q1 2022

Q1 2022

+288%

$169M

+88% YOY growth

YOY Revenue Growth

~$100M Y/Y improvement

Q1 2022 Revenue

Software Product & Services

Unencumbered Cash

559

$9.6M

>90%

KPIs

+45% YOY

+292% YOY

ProForma Growth

Pro Forma Growth

Gross Retention

Software Customers

New Bookings

Industry-leading partners and customers

5 - Year Revenue Performance(1)

($ in Millions)

140

120

100

80

60

40

20

0

2017

2018

2019

2020

2021

Note: USD in millions.

  1. Financial estimates include contribution from PandoLogic starting in 9/14/2021.

Quarterly Revenue Growth(1)

($ in Millions)

60

50

40

30

20

10

0

Q1 '21

Q2 '21

Q3 '21

Q4 '21

Q1 '22

Copyright © 2022 Veritone, Inc. All rights reserved. CONFIDENTIAL. Trademarks are the property of their respective owners.

NASDAQ: VERI

4

Recent Business Momentum and Key Wins

05.2022

Globo Selects Veritone to Provide Automated Search & Discovery for Sports Content

Veritone partners with Google Cloud to provide automated search and discovery for +2800 hours of annual sports content for Brazilian broadcast giant.

05.2022

Veritone Avatar Wins 2022

NAB Product of the Year

Award

The third NAB Product of the Year Award win for Veritone.

04.2022

Launches Veriverse

A portfolio of integrated AI solutions for content owners and individuals leveraging the metaverse, NFTs & Blockchain.

04.2022

Marubeni to implement Veritone's iDERMS Forecasting Solution in California

To provide price, demand and generation forecasts at their pilot project in the California Independent System Operator (CAISO) SP-15 region.

02.2022

Selected by the Department of Defense

Selected by the Department of Defense to participate in a $249 million Blanket Purchase Agreement (BPA) to accelerate AI capabilities of Joint Artificial Intelligence Center (JAIC).

10.2021

Multi-Cloud FedRAMP

Authorization To Operate

Across Entire DOJ

Expands from EOUSA to all 59 DOJ Agencies Now Supports Microsoft Azure Government Cloud.

02.2022

Partnered with iHeart Media

To utilize Veritone's synthetic voice technology, Veritone Voice, to translate and produce podcasts for new markets.

02.2022

Launched AI-driven Intelligent

Distributed Energy Resource

Management Solution (iDERMS)

To enhance reliability, maximize DER investments and meet decarbonization targets.

Copyright © 2022 Veritone, Inc. All rights reserved. CONFIDENTIAL. Trademarks are the property of their respective owners.

NASDAQ: VERI

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Veritone Inc. published this content on 06 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2022 20:31:02 UTC.