Veset
Veset is a London-based SaaS provider of cloud-native linear TV channel playout and management software for broadcasters, media-content owners, managed service providers, and technology partners globally.
- Company typePrivate
- Founded2015
- HeadquartersRiga, Latvia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Veset does
Veset is a London-based, private SaaS provider of cloud-native linear TV channel playout and management software, founded in 2011 and serving broadcasters, media-content owners, managed service providers, and technology partners globally. Its portfolio centers on three products — Nimbus (enterprise cloud playout with advanced multi-channel, multi-user, SCTE-35 frame-precise switching), Stratus (simplified linear channel management for smaller teams), and AdWise (in-video picture-in-picture advertising) — built on a microservices, container-based architecture deployed on AWS (EC2, S3, Kubernetes, MediaConnect, MediaLive, Rekognition) with multi-cloud ingest support (Azure Blob, Google Storage). The platform handles ingest through distribution, supporting codecs including MPEG2, AVC/H.264, HEVC/H.265, ProRes, and JPEG-XS, with output to HLS, RTMP, SRT, Zixi, AWS CloudFront, and traditional broadcast transports, and distribution reach into Samsung TV Plus, Pluto TV, Twitch, Sky, Vodafone, Eutelsat, Rakuten, Roku, and YouTube TV.
Veset monetizes primarily through recurring SaaS subscriptions with flexible billing (annual, monthly, daily, or hourly), with FAST channel playout starting at $499/month and enterprise Nimbus on quote-based pricing. Go-to-market combines a product-led self-serve motion (free trials, 200+ trials milestone as of May 2026), enterprise field sales for advanced deployments, AWS Marketplace listings for Stratus, AdWise, and Nimbus, and channel/white-label relationships with managed service providers and technology partners — including ITOCHU for Asia-Pacific distribution. Anchor customers span Siminn (sports), Play (entertainment, since 2015), Anthem Sports & Entertainment, Fashion TV, Webedia, Medici TV, and Somos TV, alongside integrations with leading traffic systems (WideOrbit, Broadview, PebbleBeach) and ad insertion tooling (SSAI providers via SCTE-35 and HLS cues).
The company is privately held with no parent organization, having raised approximately $6.35M across three funding rounds (2013, 2017, 2020), the last led by Play. Veset holds ISO 27001 and ISO 27017 certifications (2024), is a member of IABM and DPP, and participates in industry events such as NAB Show. Leadership includes CEO Igor Krol, Chairman Māris Gailis, and CTO Gatis Gailis. With 11-50 employees, the company operates as a focused, capital-efficient specialist in the cloud-playout segment of broadcast technology.
Veset firmographics
Firmographics- Name
- Veset
- Legal name
- Veset
- Website
- https://veset.tv
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Veset is a London-based SaaS provider of cloud-native linear TV channel playout and management software for broadcasters, media-content owners, managed service providers, and technology partners globally.
- Ownership category
- akta.pro rank
Veset industry classification
Industry- Product category
- Cloud-based Broadcast Playout Software
- NAICS
- Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (5162), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Enterprise/Creator Video Hosting & OTT SaaS Platforms (MPACAAAL)
- akta.pro secondary industry
- FAST Channel Networks & Platforms (MPACAAAC)
Keywords
Where Veset is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices1 record
Markets served
Veset business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- SaaS Subscription - Nimbus Enterprise: Enterprise cloud playout subscription with flexible billing options including annual, monthly, daily, or hourly subscriptions. Targets advanced channel management for enterprise broadcasters and content owners.
- SaaS Subscription - Stratus: Simplified linear channel management subscription for smaller operations and teams with essential playout features.
- SaaS Subscription - AdWise: Dynamic ad insertion subscription for monetizing live and linear content through contextual advertising.
- FAST Channel Platform: FAST channel playout subscription starting at $499/month for launching and managing free ad-supported streaming TV channels.
- Managed Service Provider Platform: White-label self-service SaaS platform for managed service providers to resell broadcast services to content owners and broadcasters.
- Technology Partner Licensing: Technology partners can white-label Veset products and/or resell as a package with their own services, or use Veset APIs to build solutions incorporating Veset platform capabilities.
- AWS Marketplace Sales: Revenue from product sales through AWS Marketplace, including Veset Stratus and AdWise offerings available on the marketplace.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | FAST Channel Playout - Starting tier for free ad-supported streaming TV channels |
| Usage-based | Pay-as-you-go | Flexible cloud native architecture |
| Subscription | Annual | Enterprise Nimbus Cloud Playout |
| Freemium | Pay-as-you-go | Self-Service SaaS Trial |
Go-to-market motion3 records
Distribution channels7 records
Marketing channels6 records
Veset product offering
Product offeringCore offering
Veset provides a cloud-native SaaS platform for linear TV channel playout and management, enabling broadcasters, content owners, FAST channel operators, and service providers to ingest, schedule, play out, and monetize linear channels without on-premise hardware. The portfolio includes Nimbus (enterprise multi-organization playout), Stratus (simplified linear channel management with self-serve and AWS Marketplace availability), and AdWise (picture-in-picture in-video advertising), with integrated traffic, MAM, ad-server, and multi-cloud storage workflows.
Product overview
Veset is a cloud-native linear TV channel management and playout platform provider. The portfolio consists of two core SaaS products: Nimbus (enterprise cloud playout for advanced channel management) and Stratus (simplified linear channel management), supported by the AdWise in-video advertising module. The platform operates on a modular architecture where Nimbus serves as the unified platform incorporating multiple integrated modules including broadcast automation, broadcasting CMS, broadcast graphics, broadcast management/scheduling, video content ingestion, playout automation, cloud playout, FAST channel playout, OTT playout, dynamic ad insertion, HD/4K broadcast, and disaster recovery capabilities. The platform is built on AWS infrastructure (EC2, S3, MediaConnect, MediaLive) and provides RESTful API access for third-party integrations including traffic/scheduling systems, ad decisioning platforms, and content management systems.
Differentiator
Problem solved
Functional benefit
Brands
- Nimbus: Enterprise cloud playout platform for advanced channel management - the company's flagship product offering comprehensive linear channel management and playout capabilities.
- Stratus
- AdWise
Products and services
- Veset Nimbus
- Veset Stratus
- Veset AdWise
Quantifiable outcome
- Launch new channels within hours and scale up or down in line with business opportunities and demand
- +2 more outcomes
Companies that use Veset
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles4 records
Veset technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability5 records
Feature10 records
Veset partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- AWS (Amazon Web Services)coreAWS is a core technology partner and infrastructure provider. Veset Nimbus is built on AWS including EC2 for computing and S3 for storage. Products are available in AWS Marketplace. Supports AWS MediaConnect, AWS MediaLive, AWS DirectConnect, AWS CDI, and AWS Rekognition integration.
- ZixicoreCore technology partner for contribution/distribution transport. Veset supports Zixi Feeder/Broadcaster and Zixi OTT Repackager for video transport. Integrated for live feed ingest and playout output.
- ITOCHUminorChannel partner and distributor for Asia-Pacific region, leveraging ITOCHU's extensive network in the region.
- IABMminorMember of IABM (International Association of Broadcast Manufacturers), the leading international broadcast and media technology supplier association.
- DPP (Digital Production Partnership)minorMember of DPP, the media industry's business-facing network for digital production and distribution.
Scale indicators4 records
Recent moves6 records
Expansion highlights7 records
Veset competitors and assessment
Company assessmentDirect peers
- Amagi: Amagi is a leading cloud-native SaaS provider for broadcast and FAST channel playout, dynamic ad insertion, and content preparation, directly competing with Veset Nimbus across enterprise broadcasters, FAST channels, and OTT distribution.
- Imagine Communications: Imagine Communications provides playout automation and broadcast workflow software used by major broadcasters, including cloud and hybrid playout offerings that overlap with Veset Nimbus in the enterprise channel origination market.
- Harmonic: Harmonic offers cloud and appliance-based playout, video processing, and OTT delivery solutions for broadcasters and service providers, competing with Veset in cloud playout and channel origination.
- TVU Networks: TVU Networks provides cloud-based live video production and playout solutions used by broadcasters, with overlapping capabilities in cloud playout, ad insertion, and multi-platform distribution versus Veset.
Broad incumbents
- Grass Valley: Grass Valley is a long-established broadcast infrastructure vendor whose playout automation, master control, and AMPP cloud platform compete with Veset's channel management and playout capabilities for traditional broadcasters.
- Evertz: Evertz is a broadcast equipment vendor with playout, routing, and media asset management solutions used by major broadcasters, providing overlap with Veset's enterprise playout and CMS feature set.
Emerging players
- Bitmovin: Bitmovin provides cloud-based video encoding, packaging, and player infrastructure used by OTT and streaming providers, with overlap to Veset's OTT playout and multi-format distribution workflows.
- Mux: Mux offers developer-focused video API and streaming infrastructure, competing for some of the same OTT and live streaming workloads that Veset Nimbus addresses with its broadcast and OTT playout products.
- Wowza Streaming Engine: Wowza provides streaming infrastructure software and cloud services used for live and on-demand video delivery; Veset already integrates with Wowza for transport, indicating adjacency in streaming workflows.
Others
- Zixi: Zixi is a core technology partner of Veset for contribution/distribution transport, providing video-over-IP networking that complements Veset's playout platform; it is an enabling technology peer rather than a direct competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Veset social profiles
Digital presenceVeset compliance and trust
Trust signalCompliance2 records
Veset financial estimates
Financial estimateRevenue estimate
Valuation estimate
Veset leadership team
Management profileNumber of profiles
Profiles3 records
Veset funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Veset M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Veset
What does Veset do?
Veset provides a cloud-native SaaS platform for linear TV channel playout and management, enabling broadcasters, content owners, FAST channel operators, and service providers to ingest, schedule, play out, and monetize linear channels without on-premise hardware. The portfolio includes Nimbus (enterprise multi-organization playout), Stratus (simplified linear channel management with self-serve and AWS Marketplace availability), and AdWise (picture-in-picture in-video advertising), with integrated traffic, MAM, ad-server, and multi-cloud storage workflows.
Is Veset a public or private company?
Veset is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Veset founded?
Veset was founded in 2015. It employs 11 to 50 people.
Where is Veset based?
Veset is headquartered in Riga, Latvia, in the Europe region.
How does Veset make money?
Seven revenue lines are on record. SaaS Subscription - Nimbus Enterprise is the primary driver. The others are saaS Subscription - Stratus, saaS Subscription - AdWise, FAST Channel Platform, managed Service Provider Platform, technology Partner Licensing and AWS Marketplace Sales.
Who are Veset's main competitors?
Direct peers on record are Amagi, Imagine Communications, Harmonic and TVU Networks. Broad incumbents are Grass Valley and Evertz. Emerging players are Bitmovin, Mux and Wowza Streaming Engine. Zixi is listed as an others.
Does Veset have an API?
Yes. Veset provides a RESTful API that allows developers to integrate with the platform and build custom solutions. The API documentation is available at apidocs.veset.tv. The platform supports integration with third-party systems including traffic/scheduling systems (WideOrbit, Broadview, PebbleBeach), custom CSV/XML/XLSX formats, BXF-compliant playlists, and XMLTV EPG output. Additional integration capabilities include SCTE-35 signaling for ad insertion, HLS cue points for SSAI providers, and connection to ad decisioning platforms. Developer documentation is at apidocs.veset.tv.
What industry is Veset in?
Veset's product category is Cloud-based Broadcast Playout Software. Its primary akta.pro industry code is MPACAAAL, Enterprise/Creator Video Hosting & OTT SaaS Platforms, with a secondary code of MPACAAAC, FAST Channel Networks & Platforms. Its NAICS code is 5162 and its SIC code is 7372.