Vidyard

Vidyard

Online video platform for business communication

About Vidyard

Simplify's Rating
Why Vidyard is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Enterprise Software

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$73.6M

Headquarters

Kitchener, Canada

Founded

2011

Overview

Vidyard provides an online video platform tailored for businesses to create, host, and share videos aimed at enhancing marketing, sales, corporate communications, and customer support. The platform includes tools for recording and managing videos efficiently, with features for secure sharing such as passcodes and Single Sign-On (SSO). This allows companies to safely distribute video content both internally and externally. Vidyard caters to a diverse range of clients, including marketing teams and sales professionals, by offering solutions that help them connect with customers and close deals more effectively. The company operates on a subscription model, where clients pay for access to various features, and also provides free tools to attract new users. Vidyard's goal is to improve business communication strategies through video, ultimately driving higher engagement and better results.

YC Company
💵
Funded Recently
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Simplify's Take

What believers are saying

  • Increased demand for personalized video content boosts Vidyard's AI Avatar adoption.
  • Remote work trends enhance the need for Vidyard's comprehensive video tools.
  • Expansion of digital marketing budgets post-pandemic creates growth opportunities for Vidyard.

What critics are saying

  • Emerging AI video platforms like Synthesia pose competitive threats to Vidyard.
  • Privacy concerns about AI avatars may lead to regulatory scrutiny.
  • Rapid AI technology development could outpace Vidyard's feature integration capabilities.

What makes Vidyard unique

  • Vidyard offers industry-first hyper-realistic AI Avatars for personalized video communication.
  • The platform provides detailed video engagement tracking for data-driven marketing strategies.
  • Vidyard's secure video sharing features include passcodes, SSO, and IP whitelisting.

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Funding

Total Funding

$73.6M

Below

Industry Average

Funded Over

6 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Competitive pay

Health & wellness subsidies

Continuing education subsidies

Health, dental, & vision coverage

Health/lifestyle spending accounts

Unlimited vacation

ESOP

Paid volunteer opportunities

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

0%

2 year growth

-1%
MarTech Cube
Apr 16th, 2024
Vidyard unveils Industry-1st Hyper-Realistic, Personalized AI Avatars

Vidyard also announced that it has secured $15M in funding led by Export Development Canada (EDC) with participation from BMO Capital Partners, in addition to existing investors Battery Ventures, Bessemer Venture Partners, and iNovia Capital.

Pulse 2.0
Apr 16th, 2024
Vidyard: AI Avatar Video Messaging Company Closes $15 Million In Funding

Video messaging company Vidyard has introduced the industry’s first hyper-realistic AI Avatars (looks and sounds just like the user) to its Messages platform. Vidyard also revealed that it has secured $15 million in funding led by Export Development Canada (EDC) with participation from BMO Capital Partners and existing investors Battery Ventures, Bessemer Venture Partners, and iNovia Capital. Including this funding round, Vidyard has raised $90.7 million in total funding.

BetaKit
Apr 16th, 2024
Vidyard Rolls Out Ai Avatars After Securing Funding From Edc, Others

With AI Avatars, Vidyard aims to facilitate “personalized video communications at scale.”

Business Wire
Apr 16th, 2024
Vidyard Unveils Industry-First Hyper-Realistic, Personalized Ai Avatars To Scale Sales And Marketing Video Communications

KITCHENER, Ontario--(BUSINESS WIRE)--Video messaging leader Vidyard today announced the introduction of the industry’s first hyper-realistic AI Avatars – that look and sound just like the user – to the Vidyard Messages platform. Top global sales and marketing organizations, including HubSpot, Microsoft, LinkedIn, and SP Global, use the platform to increase effectiveness and scale outreach when communicating with customers and prospects. AI Avatars help sales organizations scale all stages of the sales cycle and enable marketers to create high-quality, personalized videos while minimizing the time spent recording and editing. See it in action here. “AI Avatars will be a game-changer for our sales team, who understand how much more effective video is than text when engaging customers and prospects,” said Matt Green, CRO of Sales Assembly. “Removing the need to sit and record each personalized message, over and over, will not only give our team more time to focus on high-impact sales activities but also gives us the confidence that our message is being delivered and received accurately, consistently and compellingly.”

BetaKit
Apr 16th, 2024
Vidyard rolls out AI avatars after securing funding from EDC and existing backers

Today, Vidyard has announced its entry into the AI avatar market, introducing an AI Avatars feature to its Messages platform.

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