Valence raises $50M Series B Nadia: first enterprise AI coach 1,000,000+ coaching conversations NPS 90+ Delta - Experian - Kraft Heinz - General Mills From Engineers Without Borders to the Fortune 500 Potential over credential Valence raises $50M Series B Nadia: first enterprise AI coach 1,000,000+ coaching conversations NPS 90+ Delta - Experian - Kraft Heinz - General Mills From Engineers Without Borders to the Fortune 500 Potential over credential
Co-Founder & CEO / Valence / New York

Parker
Mitchell

He gave a charity to rural Africa, then gave an AI coach to the Fortune 500. Same problem, twenty years apart: how do you scale a human being's potential?

FounderOperatorEngineerSocial Entrepreneur
Parker Mitchell, Co-Founder and CEO of Valence
Parker Mitchell. The engineer who decided credentials were overrated.
$50MSeries B, 2025
1M+Coaching chats
90+Net Promoter Score
2000EWB Canada founded
The story so far

An AI named Nadia is coaching a million people. He built it.

In December 2022, a few weeks after the rest of the world met ChatGPT, Parker Mitchell did something most founders only talk about. He turned his company sideways. Valence had been a tidy SaaS business selling tools to help teams work better together. Mitchell looked at large language models and saw the thing he had been chasing his whole career - a way to give one excellent coach to everyone, at almost no marginal cost.

The result is Nadia, launched in early 2023 and now billed as the world's first enterprise AI coach. It is not a chatbot that dispenses motivational quotes. It runs on a memory-and-context engine tuned to each company's culture and workflows, and it sits inside the daily grind of managers at Delta Air Lines, Experian, Kraft Heinz, General Mills, Prudential and WPP. As of the company's 2025 raise, Nadia had logged more than a million coaching conversations and held a Net Promoter Score north of 90 - a number most human consultants would frame and hang on the wall.

In October 2025, Bessemer Venture Partners led a $50 million Series B into Valence. Bessemer's Sameer Dholakia took a board seat. The pitch was simple and slightly audacious: every worker is going to get an AI coach whether anyone plans for it or not, so the only real question is what kind.

"Every worker will have an AI coach. The question is whether that coach simply gives answers, or whether it truly transforms how people learn, perform, and work together." - Parker Mitchell, on the Series B
Before the algorithm

He learned to scale impact with a clipboard, not a model.

Rewind to 2000. Mitchell and his University of Waterloo classmate George Roter, both fresh mechanical engineering grads, started Engineers Without Borders Canada. It was a student idea that refused to stay small. The charity grew into a national organization aimed at extreme poverty in rural Africa, the kind of thing that outlives the people who start it. Mitchell co-led it for years and walked away with a reputation as a builder of institutions, not just projects.

The detours in between are the tell. A master's in Development Studies from Cambridge. A stint advising Fortune 500 companies at McKinsey. A minor in cognitive science folded into his Waterloo engineering degree - which is where he first poked at small neural nets and the early ancestors of today's LLMs. Two decades later that obscure grad-school dalliance turned out to be the most practical thing he ever studied.

The through-line is a phrase he keeps returning to: potential over credential. He wants a world where what you could become matters more than the letters after your name. It is an odd belief for a man holding two honorary doctorates, and he seems to enjoy the contradiction.

The hard-won lesson

The day he had to forget his own success.

Founders love to bottle their playbook and sell it. Mitchell figured out the opposite. To coach anyone well, he had to become, in his words, "a student of leadership" - and then deliberately forget his own path. The route that made him successful was not necessarily the route that would work for the person sitting across from him.

That insight is the philosophical core of Nadia. The product is not built to replace the manager or automate the relationship. It is built to augment a human being - to hand a stretched-thin team lead the awareness and the words to have one better conversation. Coaching, scaled, without pretending the machine is the point.

"The thing that worked for me might not be the thing that worked for someone else." - on why he stopped coaching from his own résumé
How he runs the place

Build impossible things. Jettison critical things. Monthly.

Ask Mitchell how he keeps a company near the frontier and you get something close to a koan. His rule, delivered in interviews and on stage, is to be doing two uncomfortable things on a roughly monthly cadence: attempting something that looks impossible, and killing something that feels essential. If neither has happened recently, he argues, you have drifted from the edge of what is possible and settled into managing the present.

It is a useful lens for a company in a category that did not exist three years ago. The AI-coaching market is being invented in real time, and Mitchell is one of the people inventing it - which means his calendar is full of conversations that double as live R&D. At Valence's AI & The Workforce Summit he has sat across from Geoffrey Hinton, Reid Hoffman, Wharton's Ethan Mollick and the Financial Times' Gillian Tett, interviewing the people defining the era he is selling into.

He is clear-eyed, even a little grim, about what is coming. He has called 2026 one of the most challenging moments leaders will face, as workforces scramble to absorb AI faster than any technology before it. His prescription is not caution. It is to put the most helpful, most personal, most augmentative AI directly into workers' hands - and trust people to rise to it.

In his words

Four lines that explain him.

"

Build impossible things. Jettison critical things. If you haven't done either - probably monthly - you're not close enough to the frontier.

"

2026 is going to be one of the most challenging moments for us as leaders as we try to help our workforces navigate this.

"

Put the most helpful and powerful and personal and augmentative AI into their hands.

"

A world where potential is more important than credential.

By the numbers

What "scaled coaching" actually looks like.

Valence does not sell a course. It sells a coach that shows up a million times and keeps a near-perfect satisfaction score. The bars below tell the story of a product that got out of the demo and into the workday.

Coaching conversations logged
1,000,000+
Net Promoter Score
90+ / 100
Global organizations deployed
50+
Series B raised
$50M

Who's on the roster

Delta Air LinesExperianKraft Heinz General MillsPrudentialWPPAnalog Devices
The good stuff

Five things that don't fit on a slide.

Grad-school foreshadowingHe tinkered with small neural nets at Waterloo decades before they ate the world. The hobby became the company.
The interviewer's chairHe has hosted Nobel laureate Geoffrey Hinton and Reid Hoffman on stage at his own summit - then gone back to teaching middle managers how to lead.
Two doctorates, no thesisHe holds two honorary Doctorates of Engineering while preaching that credentials are overrated. He's fine with the irony.
The charity outlived the founderEngineers Without Borders Canada, started as a student project, grew into a national institution he eventually handed off.
Her name is NadiaThe flagship product is not "Valence AI." It's a named coach - a deliberate bet that people open up to a someone, not a something.
Two careers, one obsessionRural Africa and the Fortune 500 org chart look nothing alike. Both, to him, are exercises in unlocking human potential.