Veo Technologies makes an autonomous, AI-driven video camera paired with a cloud subscription service that records, automatically edits, hosts and delivers highlights for team sports. Its cameras retail for $800 and the mandatory annual subscription is $1,200. The company works with about 5,000 clubs globally and has recorded and tracked 200,000 games since opening for business in 2018. Veo started focused on football (soccer) and is expanding its computer-vision algorithms and analytics to support other team sports including rugby, basketball and hockey. It plans to use new funding to grow U.S. operations, including an office in Miami, and to enhance its technology and analytics offerings. Veo positions itself as an enabler for clubs to create and distribute content rather than building a direct media business.

Total raised

$25M

Funding rounds

1

Latest round

Series B

Latest activity

Jan 2021