Yoodli, a Seattle-based, AI-powered communication training startup recently achieved a valuation of over $300 million. This astounding growth represents a nearly fourfold increase in its worth in less than half a year’s time. The company’s growth is driven by its innovative platform, which leverages artificial intelligence to assist users in refining their communication skills through realistic, simulated scenarios.
Our company, Yoodli, was born to make everyone more effective communicators. It employs advanced AI technology to power realistic practice scenarios such as sales calls, leadership coaching, job interviews and performance feedback conversations. The platform features deliver structured and repeatable practice opportunities that are scientifically designed to help learners increase their confidence and ability to speak effectively. Now with just under 40 employees, Yoodli has rapidly become a leader in the burgeoning communication training sector.
In the last year, Yoodli had a whopping 900% annualized growth in its average recurring revenue. This astounding growth is a testament to the overwhelming need for its services. In May 2023, the smart roads startup added $13.7 million to its Series A funding round. This increased its overall funding to almost $60 million. WestBridge spearheaded this most recent funding round, reflecting the deep conviction investors share in Yoodli’s vision and potential.
Among coaching firms such as Franklin Covey and LHH, Yoodli’s platform has proven irresistible. They use it to drive their go-to-market enablement, partner certification, and management coaching. Despite its significant growth and traction in the industry, the company does not currently offer a dedicated mobile application, instead focusing on providing a robust web-based solution.
Varun Puri, co-founder of Yoodli, a communication practice tool powered by AI, spoke about the profound impact AI can create in training settings. He stated, “I philosophically believe that AI can get you, let’s call it from a zero to an eight or a zero to nine.” This broader perspective shifts the conversation about AI as a tool to augment human capabilities—not replace them.
Puri further critiqued traditional training methods, noting, “In the old world, companies would be training people using static, long-form content or passive videos that we’d all watch at 4x–5x speed, just to get the thing done.” Yoodli’s approach contrasts sharply with these outdated practices by offering dynamic, interactive experiences that engage users and facilitate real-time feedback.
All told, Yoodli is really looking forward to this big step! The firm intends to triple its headcount across various functions including product design and development, AI research and development, and customer success. Calibrum The company is planning to expand into new markets within the Asia-Pacific region. In doing so, this move demonstrates its ambition to deepen and broaden its global reach and impact.
