Search company, investor...

Founded Year

2011

Stage

Acquired | Acquired

Total Raised

$4.42M

About Veenome

Veenome identifies objects, brands, products and people in a video, and automatically translates it into data points. The company leverages machine vision, natural language algorithms and highly controlled crowdtagging to process over 50M views a month. Veenome's core product is an API whose output comes in the form of categories, (IAB categories, emotions etc) moderation, (objectionable content, copyright) and tags (brands, products, faces). The data is then used for CPM lift, ad campaign analytics, run-time targeting, e-commerce, and search and discovery.

Headquarters Location

419 Park Ave. South 2nd Floor

New York, New York, 10016,

United States

646-397-8712

Loading...

Loading...

Expert Collections containing Veenome

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Veenome is included in 1 Expert Collection, including Artificial Intelligence.

A

Artificial Intelligence

11,617 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

Veenome Patents

Veenome has filed 4 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/12/2015

10/3/2017

Video on demand services, Video hosting, Social networking services, Online content distribution, Internet television

Grant

Application Date

8/12/2015

Grant Date

10/3/2017

Title

Related Topics

Video on demand services, Video hosting, Social networking services, Online content distribution, Internet television

Status

Grant

Latest Veenome News

Steve Cohen-backed company buys Long Island AI startup

Apr 21, 2021

A Long Island startup that uses artificial intelligence to grade the quality and authenticity of baseball cards has been acquired by a collectibles company backed by Mets owner Steve Cohen and other investors. Credit: Newsday / Thomas A. Ferrara Updated April 21, 2021 10:00 AM A Long Island startup that uses artificial intelligence to grade the quality of baseball cards has been acquired by Collectors Universe Inc., backed by Mets owner Steve Cohen and other investors. The acquisition of Stony Brook-based Genamint Inc. closed on April 13 and was announced Wednesday. Financial terms were not disclosed. In February, publicly traded Collectors Universe was taken private in a $853 million deal by angel investor and sports card collector Nat Turner, Manhattan investment firm D1 Capital Partners LP and Cohen Private Ventures, the family investment vehicle of the New York Mets owner. Others in the investor group include Brooklyn Nets forward Kevin Durant, Arizona Cardinals wide receiver Larry Fitzgerald and tennis player Andy Roddick. Kevin Lenane, founder and chief executive of Genamint, will run the product management team at the PSA (Professional Sports Authenticator) unit of Collectors Universe, based in Newport Beach, California. Lenane said interest in sports collectibles has been on fire in recent months. "The market got extremely hot," he said. Get the Biz Briefing newsletter! The latest LI business news in your inbox Monday through Friday. By clicking Sign up, you agree to our privacy policy . Genamint was in the midst of raising a $500,000 funding round when Turner approached the four-person company with a buyout offer, Lenane said. PSA has seen "an unprecedented surge in card submissions" in the past 14 months and plans to make additional investments in technology and capacity, the company said in a statement. Owners submit cards for grading in hopes of setting their value for possible future transactions. In addition to grading sports trading cards, PSA authenticates autographs and sports memorabilia. Turner, executive chairman of Collectors Universe, said the company will push to reduce a logjam of cards by improving the grading process that now relies on labor intensive "artisan" techniques. The mobile phone app developed by Genamint examines each pixel of a sports card and compares it to what the pixel should look like. "An old card might have a dinged-up corner," Lenane said. "That will take the grade from a 9 to a 5. On the right card, that difference could be worth a million dollars." In January, for example, a Topps 1952 Mickey Mantle rookie card sold for $5.2 million. The card was graded Mint 9 on a 1 to 10 scale. Lenane said the heady valuations provide plenty of incentives for owners to try to upgrade their cards by any means necessary. One common method used to deceive potential buyers is to remove imperfections by putting a card in a press, he said. The press expands the card, which then requires the swindler to trim the edges. "I'd say it's in the realm of forgery," Lenane said. "I suspect we'll see some legal issues down the pike." Lenane said that the software won't replace humans who grade cards, but will assist them. The software also will assign a unique identifier to each card to track provenance, ownership and condition changes. Collectors Universe also has a unit for coin collectors and Lenane said his software eventually could be adapted for that market as well. In the last 30 years, PSA has certified more than 40 million collectibles valued at more than $1 billion, the company said. Turner said the boom in cards and memorabilia is part of a larger shift away from precious metals and toward a new class of alternative assets. In the eyes of millennials, he said, video games, sneakers, cryptocurrency and sports cards are "an alternative asset," he said. An upstart sports card company, Alt, launched in March after closing a $31 million funding round. California-based Alt claims it will set valuations on sports cards and let clients buy and sell on its marketplace in much the same way that people manage their stock portfolios. In 2015, Lenane sold another company, Veenome, to Manhattan-based Integral Ad Science, which provides services to online advertisers. Technology from Veenome evaluated videos for visual and audio quality.

Veenome Frequently Asked Questions (FAQ)

  • When was Veenome founded?

    Veenome was founded in 2011.

  • Where is Veenome's headquarters?

    Veenome's headquarters is located at 419 Park Ave. South, New York.

  • What is Veenome's latest funding round?

    Veenome's latest funding round is Acquired.

  • How much did Veenome raise?

    Veenome raised a total of $4.42M.

  • Who are the investors of Veenome?

    Investors of Veenome include Integral Ad Science, Dingman Center Angels, Clay DeGiacinto, Ahmed Al Darmaki, Piedmont Investment Advisors and 7 more.

Loading...

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.