Verneek, a deeptech enterprise AI specialist, has announced a significant expansion of its Advisory Board alongside reaching a profitability milestone. Celebrating its fifth year of operation, the company is transitioning from an emerging startup into a scaling business that serves major global enterprises. This growth phase is supported by a triple-digit revenue increase year-over-year, driven by the adoption of its AI-Native Operating Platform within the consumer and retail sectors.
Verneek has officially reached profitability while tripling its revenue year-over-year.
The company's Advisory Board now includes former CEOs and Chairs from Moët Hennessy, ASML, and Ulta Beauty.
New advisors Philippe Schaus, Nils Smedegaard Andersen, and Dave Kimbell have also joined as investors.
The platform is designed to unify siloed enterprise workflows into vertically integrated, intelligent operations.
Key functional areas served include supply chain, merchandising, marketing, and store operations.
Headquartered in New York City, Verneek was founded in 2021 by AI scientists.
The newly expanded Advisory Board brings together a prestigious group of leaders from the luxury, retail, and logistics sectors. Philippe Schaus, former CEO of Moët Hennessy, joins Nils Smedegaard Andersen, Chairman of ASML, and Dave Kimbell, former CEO of Ulta Beauty. These individuals join an existing bench of high-profile advisors from organizations such as Coca-Cola, Walmart, and Saks Global. This group provides Verneek with deep domain expertise to refine how AI-driven decision-making is implemented across various business functions.
"Tripling revenue year over year through serving iconic consumer brands, reaching profitability, and continuing to attract this caliber of strategic investors and advisors makes this a defining moment for Verneek's growth," said Dr. Nasrin Mostafazadeh, co-founder and CEO of Verneek. "We founded the company with the belief that AI should not simply sit on top of siloed enterprise workflows — it should instead unify them to help drive decision making across business functions."
Verneek’s proprietary AI-Native Operating Platform is engineered to solve the problem of fragmented data within large organizations. By integrating disconnected systems, the platform assists with complex tasks such as merchandise planning and customer care. Industry leaders have noted that the technology offers a practical application of AI that addresses long-underserved areas of the retail industry. The focus remains on empowering employees and translating AI opportunities into measurable financial performance and enhanced customer experiences.
"What stands out about Verneek is its practical application of AI in an industry that has long been underserved by technology, helping drive measurable financial performance while enhancing the customer experience," said Dave Kimbell.
About Verneek
Founded in 2021, Verneek is an enterprise AI company that delivers the consumer industry's first AI-Native operating platform. Built on more than two decades of scientific progress in AI, the platform autonomously transforms enterprise data into vertically integrated business workflows breaking down silos and enabling unified operations. Through fostering close partnerships, Verneek helps consumer enterprises deploy AI-Native solutions across business functions — from supply chain, merchandise planning, marketing, store operations, and customer care to e-commerce use cases like search and discovery. Trusted by leading global enterprises, Verneek is committed to transforming the consumer industry by building the most helpful AI for augmenting intelligence and enhancing experiences for employees and consumers. Verneek is headquartered in New York City.
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