About Vidyard
Vidyard is a company based in Kitchener (Canada) founded in 2011 by Devon Galloway and Michael Litt.. Vidyard has raised $75.77 million across 6 funding rounds from investors including BMO, Bessemer Venture Partners and Export Development Canada. Vidyard has completed 1 acquisition, including Switch Merge. Vidyard offers products and services including Vidyard Video Messages, Vidyard Hosting, Video Sales Agent, and AI Avatars. Vidyard operates in a competitive market with competitors including Skype, Vimeo, Panopto, Lifesize and Jellysmack, among others.
- Headquarter Kitchener, Canada
- Founders Devon Galloway, Michael Litt
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Buildscale, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$75.77 M (USD)
in 6 rounds
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Latest Funding Round
$15 M (USD), Series C
Apr 16, 2024
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Investors
BMO
& 13 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Vidyard
Vidyard offers a comprehensive portfolio of products and services, including Vidyard Video Messages, Vidyard Hosting, Video Sales Agent, and AI Avatars. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for recording and sending personalized sales videos.
Platform to upload, track, and organize business videos.
AI system for automated personalized video outreach.
Generates scalable AI-based personalized videos for sales.
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Funding Insights of Vidyard
Vidyard has successfully raised a total of $75.77M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $15.0M
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First Round
First Round
(01 Jun 2011)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series C - Vidyard | Valuation | Export Development Canada | |
| Jan, 2016 | Amount | Series C - Vidyard | Valuation | Battery Ventures | |
| Jan, 2015 | Amount | Series B - Vidyard | Valuation | Bessemer Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vidyard
Vidyard has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BMO, Bessemer Venture Partners and Export Development Canada. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vidyard
Vidyard has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Switch Merge. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Dynamic Personalized Video Advertising platform
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vidyard
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vidyard Comparisons
Competitors of Vidyard
Vidyard operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Skype, Vimeo, Panopto, Lifesize and Jellysmack, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
VoIP software for internet video chats and calls is offered.
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| domain | founded_year | HQ Location |
Video hosting, creation, management, and streaming services are provided.
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| domain | founded_year | HQ Location |
Cloud-based video conferencing management software provider
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| domain | founded_year | HQ Location |
Cloud-based video conferencing solutions are provided for HD communication.
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| domain | founded_year | HQ Location |
Video content creation platform for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vidyard
Frequently Asked Questions about Vidyard
When was Vidyard founded?
Vidyard was founded in 2011.
Where is Vidyard located?
Vidyard is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
Who is the current CEO of Vidyard?
Michael Litt is the current CEO of Vidyard. They have also founded this company.
Is Vidyard a funded company?
Vidyard is a funded company, having raised a total of $75.77M across 6 funding rounds to date. The company's 1st funding round was a Series B of $18M, raised on Jun 01, 2011.
What does Vidyard do?
Vidyard was founded in 2011 in Kitchener, Canada, as a platform focused on video marketing and analytics within the technology sector. Video hosting, viewer engagement tracking, social media syndication, and integration with CRM systems are supported for content marketers and sales teams. Operations serve clients including Honeywell, Pitney Bowes, and Square, enabling data-driven video strategies across websites and external tools.
What products or services does Vidyard offer?
Vidyard offers Vidyard Video Messages, Vidyard Hosting, Video Sales Agent, and AI Avatars.
How many acquisitions has Vidyard made?
Vidyard has made 1 acquisition, including Switch Merge.
Who are Vidyard's investors?
Vidyard has 14 investors. Key investors include BMO, Bessemer Venture Partners, Export Development Canada, Battery Ventures, and Inovia Capital.
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