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- Yellow.ai
Yellow.ai Funding, Investors & Competitors
Yellow.ai has raised $102M across 3 funding rounds, most recently a $78M Series C in August 2021.
Last Yellow.ai funding round
$78M
Series C · Aug 2021
Cumulative funding Yellow.ai raised
$102M
across 3 funding rounds
Key investors in Yellow.ai
Lightspeed Venture Partners
Lightspeed India Partners
Salesforce Ventures
Sapphire Ventures
Titan Capital
Westbridge Capital
About Yellow.ai
Yellow.ai is a San Mateo-headquartered provider of agentic AI platforms for enterprise service automation. It supports over 1,300 customers including Sony, Domino's, Hyundai, Volkswagen, and ITC Ltd. across 85 countries in 135 languages. Founded in 2016 with offices in India, UAE, and others, the multi-LLM system trains on 16 billion annual conversations for voice and chat deployment.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Yellow.ai Funding History
Yellow.ai has raised a total of $102M across 3 funding rounds.
Yellow.ai's first fundraising round was a $4M Series A in June 2019. The most recent completed round was a $78M Series C in August 2021.
Yellow.ai funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Aug 2021 | Series C | Salesforce Ventures (lead); Sapphire Ventures (lead); Westbridge Capital (lead); Lightspeed Venture Partners | $78M | Yellow.ai, a conversational AI platform for customer experience automation, raised $78.15 million in its Series C funding round in August 2021, led by WestBridge Capital, Sapphire Ventures, and Salesforce Ventures, with participation from Lightspeed Venture Partners. This brought total funding to over $102 million following a $24 million Series B in April 2020. The platform enables enterprises to build no-code/low-code bots, omnichannel virtual assistants, and ticketing automation across 35+ channels and 100+ languages, handling billions of interactions quarterly. It integrates with tools like Salesforce and Shopify, automating support, commerce, marketing, HR, and ITSM. Since the prior funding, Yellow.ai reported 470% growth in recurring revenue and added hundreds of new customers, expanding in 50+ countries including India, Southeast Asia, UK, Middle East, and LatAm. The new capital supports U.S. market entry, hiring 70 employees to reach over 500 headcount, global expansion, talent acquisition, and R&D in hyper-automation. One client, an international financial services firm, generated $100 million in upsell revenue using Yellow.ai's virtual assistants over three years. Competitors include Gupshup, Haptik, and Verloop in the conversational AI space, projected to reach $15 billion by 2024 driven by demand for AI customer service. Yellow.ai, founded in 2016 by Raghu Ravinutala, Jaya Kishore, and Rashid Khan, rebranded from Yellow Messenger in June 2021 and has won awards like Frost & Sullivan Technology Innovation Leadership in 2021. |
| Apr 2020 | Series B | Lightspeed Venture Partners (lead); Lightspeed India Partners | $20M | Yellow.ai (formerly Yellow Messenger) is a Bengaluru-based conversational AI platform founded in 2014 by Rashid Khan, Jaya Kishore Reddy, and Raghu Ravinutala. The company builds enterprise-focused chatbot and conversational AI solutions that support over 120 languages and integrate with platforms including Microsoft Teams, Slack, Facebook Messenger, and WhatsApp. The platform serves use cases spanning customer support automation, customer engagement, internal HR and sales processes, and digital workflow management. On April 16, 2020, Yellow.ai closed a $20 million Series B funding round led by Lightspeed Venture Partners with participation from Lightspeed India Partners. This brought total funding to $24 million, following the $4 million Series A raised in June 2019 also led by Lightspeed India Partners. The company stated it would deploy Series B capital toward product innovation including multi-lingual voice bot capabilities, enterprise integrations expansion, and a developer marketplace for virtual assistants, as well as accelerating R&D and international expansion across the U.S., Europe, Latin America, and Asia-Pacific. At the time of the Series B, Yellow.ai reported 30 million monthly conversations across chatbots serving more than 100 global customers including Accenture, Bajaj Finance, Domino's India, Grab, MG Motors, Royal Enfield, Tata AIG, and Xiaomi India. CEO Raghu Ravinutala highlighted 5X year-over-year growth in bookings since 2017 and emphasized the platform's horizontal architecture allowing customization across multiple business functions. The company had established go-to-market partnerships with Microsoft, TCS, WhatsApp, and Facebook. |
| Jun 2019 | Series A | Lightspeed India Partners (lead); Titan Capital | $4M | Yellow.ai raised funding in a Series A round in 2019 from Lightspeed India Partners (LSIP). Lightspeed also participated in a later 2020 round. The company, founded in 2015, develops conversational AI for enterprise customer and employee experiences and is recognized by Gartner as a notable player. |
Who has invested in Yellow.ai?
6 investors have backed Yellow.ai across its funding rounds, including Lightspeed Venture Partners, Lightspeed India Partners, Salesforce Ventures, Sapphire Ventures, Titan Capital and Westbridge Capital.
Lead investors include Salesforce Ventures, Sapphire Ventures, Westbridge Capital, Lightspeed Venture Partners and Lightspeed India Partners.
Yellow.ai Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Apr 2020 | ||
| 2 | Lead | Jun 2019 | ||
| 1 | Lead | Aug 2021 | ||
| 1 | Lead | Aug 2021 | ||
This data is available for Pro users. Sign up to see all 6 Yellow.ai investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Yellow.ai
Yellow.ai has acquired 1 company to date.
Last acquisition by Yellow.ai was on August 3rd 2026. Yellow.ai acquired Bluerock Acquisition for $550M.
Latest Acquisitions by Yellow.ai
| Description | Bluerock Acquisition Corp II is a blank check company formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. |
| HQ Country | |
| HQ City | - |
| Deal Date | 3 Aug 2026 |
| Valuation | $550M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Yellow.ai acquisitions and their M&A valuation multiples. Start Free Trial | |
Yellow.ai Competitors
Yellow.ai competitors include listed companies like Selvas AI and Snowflake, and private ones like Genesys, Wonderful, Parloa and Anthropic.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $2.1B | $900M | $15B | 7.1x | ||
| Private | $100M | - | $5B | 50.0x | ||
| Private | $50M | - | $3B | 60.0x | ||
| Publicly listed | $84M | ($65K) | $170M | 3.3x | ||
| Private | $47B | - | $965B | 20.5x | ||
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x |
Yellow.ai Public Comps
Yellow.ai is still privately-owned, but its public comps include Palantir, Snowflake, Atlassian, Z.ai, Twilio, Zoom, IonQ, iFlytek, MiniMax Group and Dropbox.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $6.6B | $142M | 7.4x | 7.2x | 342.1x | 23.7x | |||
| $108M | ($658M) | 422.9x | 65.9x | (69.4x) | (73.0x) | |||
| $5.1B | $251M | 7.1x | 6.3x | 144.6x | 30.2x | |||
| $4.9B | $2.6B | 4.0x | 3.9x | 7.7x | 9.1x | |||
| $130M | ($531M) | 109.9x | 40.3x | (26.9x) | (39.1x) | |||
| $4B | $465M | 3.7x | 3.4x | 31.7x | 40.6x | |||
This data is available for Pro users. Sign up to see all Yellow.ai competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Yellow.ai
| When was Yellow.ai founded? | Yellow.ai was founded in 2016. |
| Where is Yellow.ai headquartered? | Yellow.ai is headquartered in San Francisco, CA, United States. |
| Is Yellow.ai publicly listed? | No, Yellow.ai is a private, VC-backed company. |
| How much funding has Yellow.ai raised? | Yellow.ai has raised $102M across 3 funding rounds. |
| What was Yellow.ai's last funding round? | Yellow.ai's last funding round was a $78M Series C in August 2021, led by Salesforce Ventures, Sapphire Ventures and Westbridge Capital. |
| Who are Yellow.ai's investors? | Yellow.ai's investors include Lightspeed Venture Partners, Lightspeed India Partners, Salesforce Ventures, Sapphire Ventures, Westbridge Capital and Titan Capital. |
| Which companies are comparable to Yellow.ai? | Companies comparable to Yellow.ai include Genesys, Wonderful, Parloa, Selvas AI, Anthropic and Snowflake. |
| How many companies has Yellow.ai acquired? | Yellow.ai has acquired 1 company, including Bluerock Acquisition. |
| What was the largest acquisition by Yellow.ai? | The $550M acquisition of Bluerock Acquisition in August 2026 is the largest acquisition Yellow.ai has made to date. |
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