Veritone, Inc.

Climate Impact & Sustainability Data (2022, 2023)

41% of our employees are women, and 18% of our employees are members of ethnic or racial minorities and other legally protected classes.

Concerns over the use of AI, including from regulators, the public and our customers, may hinder the adoption of AI technologies
Long and complex sales cycles, particularly for customers in the Government & Regulated Industries markets
Challenges in operating our platform on secure government cloud platforms and complying with government security requirements
Economic disruption caused by the COVID-19 pandemic and macroeconomic conditions, including increasing interest rates, inflationary pressures, the threat of recession and recent and potential future disruptions in access to bank deposits or lending commitments due to bank failures.
Reductions in sales of our applications, longer sales cycles, reductions in contract duration and value, slower adoption of new technologies and increased price competition.
Recent and proposed laws regarding the use of facial recognition technology, the processing of biometric data, and the use of AI, automated decision-making and machine learning technologies

Instituted certain cost saving measures for the third and fourth quarters of fiscal year 2022 as a result of macroeconomic factors
Announced certain cost reduction initiatives in the first quarter of 2023, including reductions in workforce and certain legacy operating costs, as well as the divestiture of our energy group

Integration of Broadbean acquisition, including implementation of new processes, systems, and onboarding of new personnel in accounting and financial reporting, requiring training and control process transfers.