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Vidyard Analysis: $97M Raised

What is Vidyard?

Vidyard is an AI-powered video platform that enhances sales outreach through personalized video messaging, enabling sales teams to engage customers effectively and close deals faster. Their AI Avatars automate the creation and delivery of personalized video messages, making them relevant to the AI SDR landscape.

Product Features & Capabilities

Prospecting
Personalization
CRM Automation
Analytics

Pricing & Customer Segments

Free: Limited number of videos per month, video editing tools, and stock AI avatars.
Starter: $59 per seat/month, includes full video analytics, branded sharing pages, and password-protected videos.
Teams: Custom pricing, includes CRM integrations, folder management, and advanced team performance analytics.
Enterprise: Custom pricing, offers enterprise-grade security, unlimited integrations, and custom permissions.

How much Vidyard raised

Seed Round - $1.7 million (November 2011)

Investors: Andreessen Horowitz, SV Angel
Date: November 2011

Series A - $6 million (March 2013)

Investors: OMERS Ventures
Date: March 2013

Series B - $18 million (January 14, 2015)

Investors: Bessemer Venture Partners
Date: January 14, 2015

Series C - $35 million (January 26, 2016)

Investors: Battery Ventures
Date: January 26, 2016

Debt Financing - $15 million (December 20, 2019)

Investors: BMO Capital Markets
Date: December 20, 2019

Venture Round - CA$21 million (April 15, 2024)

Investors: Export Development Canada
Date: April 15, 2024

Customer Success Story

One notable customer of Vidyard is Pavilion, a company that operates in the professional development and networking industry. Pavilion utilized Vidyard's video platform to enhance their sales processes, specifically to drive qualified pipeline, generate net new revenue, and achieve a significant return on investment (ROI). The use of personalized video messages allowed Pavilion to improve engagement with potential clients, showcasing the effectiveness of video in boosting sales performance.

Who are the founders of Vidyard

Leadership

Michael Litt

Co-Founder & CEO

Devon Galloway

Co-Founder & CTO

Platform Ratings & Reviews

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Financial Overview

$63 millionEstimated Revenue
$97MTotal Raised
Seed Round$1.7 million
November 2011
Investors: Andreessen Horowitz, SV Angel
Series A$6 million
March 2013
Investors: OMERS Ventures
Series B$18 million
January 14, 2015
Investors: Bessemer Venture Partners
Series C$35 million
January 26, 2016
Investors: Battery Ventures
Debt Financing$15 million
December 20, 2019
Investors: BMO Capital Markets
Venture RoundCA$21 million
April 15, 2024
Investors: Export Development Canada