| Founded | 2016 |
|---|---|
| Closed | 2023 |
| Country | Mexico |
| Sector | Ai |
| Collapse type | Mass Layoff Spiral |
| Founder | Javier Mata |
Yalochat
"SoftBank-fueled AI unicorn hopeful that expanded too far when the money spigot closed."
Cascading layoffs that accelerated the decline
Key Events Timeline
Yalochat, a Mexico City-based conversational AI startup for retail and banking, raised $75M including a $50M Series C in 2021 led by SoftBank Latin America Fund.
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