Technology
Ex-Googler’s Yoodli skyrockets to $300M+ valuation by leveraging AI to empower, not replace, users
DCM Editorial Summary: This story has been independently rewritten and summarised for DCM readers to highlight key developments relevant to the region. Original reporting by Tech Crunch, click this post to read the original full article.
Yoodli, an AI-powered communication training startup, has achieved a valuation exceeding $300 million, marking a significant increase from its previous valuation six months ago. This growth follows a successful $40 million Series B funding round led by WestBridge Capital, alongside contributions from Neotribe and Madrona, which adds to the nearly $60 million raised since its inception. Unlike many AI tools that raise concerns about job automation, Yoodli aims to enhance human communication skills through simulated practice scenarios, catering to needs such as sales calls, interviews, and leadership coaching.
Co-founded by Varun Puri and Esha Joshi in 2021, Yoodli’s mission evolved from merely aiding public speaking to addressing a broader range of communication challenges faced by professionals. The platform’s transition from a consumer-focused product to enterprise training reflects its adaptability and the demand for AI-driven role-plays and experiential learning tools among businesses. Companies like Google and Snowflake have integrated Yoodli into their training programs, benefiting from its personalized, interactive approach that complements traditional coaching methods.
Yoodli’s technology operates with various large-language models, providing flexibility for users and supporting multiple languages. The startup has noted a substantial increase in engagement, with a 50% rise in role-plays and a 900% growth in average recurring revenue over the past year. With plans to expand its AI coaching capabilities and enhance its presence in the enterprise learning sector, Yoodli is set to further develop its offerings and hire additional talent to support its growth.