VEED raise $35,000,000 from Sequoia Capital
The London-based startup announced that it raised a US$35 million series A investment from Sequoia. The round is Veed's first hit of outside funding since its launch in 2018.
Founded: 2018
Partnered since: Series A
Current Stage: Series A
Valuation: N/D
Summary
Founded by Sabba Keynejad and Timur Mamedov in London, VEED.IO is one of the most popular online video editing platforms in the world, making the creation of video content easy and accessible to everyone. With millions of creators using VEED to tell stories, create content and grow their audience, VEED has grown from 2 to 80+ employees in just 24 months. Most recently, VEED raised $35 million in a Series A funding round led by Sequoia Capital.
$35m
Raised in Series A funding
3m
Monthly active users
80+
Employees 18 months from launch
Faraday are amazing to work with. They are an experienced and deeply knowledgeable team and this shows in the advice they provide us with and their understanding of how to build the very best growth-led leadership teams. They are experts in their field and continue to help us secure the right talent in line with our objective to establish VEED as a brand/product loved by millions of users worldwide. Their willingness to challenge, attention to detail, global market knowledge and ability to deliver at pace really stands out. We’re looking forward to continuing to work with Nick and Thomas on our global org/talent challenges!
