Veed is a web-based video editing platform built for creators and enterprise use. Launched in 2018 and bootstrapped until this raise, the product began with basic cutting/cropping/merging and now offers music and audio manipulation, video effects, subtitles, and platform-optimized editing tools. It also provides enterprise features such as screen and webcam recording, teleprompter text, and collaboration via shareable URLs. Veed operates a freemium model with “tens of thousands” of paying customers, about 1 million total users, and reported ARR of $7 million (up from $6 million two months earlier); the company is profitable. The startup plans to lean into content distribution with upcoming livestreaming and hosting tools and will use the funding to build product features and hire more staff. Leadership emphasizes remote hiring and flexibility, with CEO Sabba Keynejad adopting a digital-nomad approach.

Total raised

$35M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2022