Yellow.ai Raises $78.15M in Series C Financing

After having grown a fantastic 470% in revenues since its last funding round, Yellow.ai has announced that it has raised $78.15 million in its Series C round of financing. The round was led by Westbridge Capital joined by Sapphire Ventures, Salesforce Ventures, and Lightspeed Venture Partners.

Since its last funding round in April 2020, Yellow.ai has added hundreds of new clients across the world. The company has also grown and expanded across the USA, Malaysia, Singapore, Indonesia, UAE, and India.

“There are miles to go before we rest, but I’d like to pause and thank all our esteemed customers, partners who believe in our vision and product. And to all the team members, across the globe, who have built a platform and GTM to help us reach here. We’re still scratching the surface of what’s possible and we couldn’t be more excited to be joined by our investors in helping us reach the next milestone, and the next,” said Raghu Ravinutala, CEO of Yellow.ai, in a statement.

Yellow.ai is a Total CX Automation Platform that was established to connect with customers and resolve their queries, automatically, across 35+ channels on text and voice. With CX becoming increasingly relevant with times, Yellow.ai’s services have become extremely important. The funding will give the company further motivation to carry on with its good work.