Yoodli, an AI-enabled speech analyzing platform, raised US$6M for its software platform. The startup came from the Allen Institute of Artificial Intelligence (AI2) and was founded by Varun Puri and Esha Joshi. It raised the funding in a seed round and plans to utilize it to support product development, sales, and marketing expansion.
The AI platform utilizes natural language processing (NLP) to provide a transcript and analysis of the use of filler words, body language, pacing, non-inclusive language, and many more actionable insights. The data will be encrypted and private to the user but can be shared and sent to friends or teachers.
The startup has given a demo of how Yoodli analyzes a speech by examining a speech by Elon Musk.
The product is designed for MBA students to help them prepare for an interview with corporate professionals preparing for a presentation or for speech coaches to determine their students/clients’ mistakes.
This is not the first-of-its-kind product that provides speech training. Another startup based out of Philadelphia named Orai does the same. There are also many funded language processing startups like Otter and Descript that provide transcription services. They can underline words like “uh” and “um”.
Yoodli is looking forward to providing a user-friendly and unparalleled experience. The founders believe that the actual competition Puri said, “our biggest competition is a bathroom mirror, a stopwatch, or a camera.”