Identifying the constitutive parameters of soft materials often requires heterogeneous mechanical test modes, such as simple shear. In turn, interpreting the resulting complex deformations necessitates the use of inverse strategies that iteratively call forward finite element solutions. In the past, we have found that the cost of repeatedly solving non-trivial boundary value problems can be prohibitively expensive. In this current work, we leverage our prior experimentally derived mechanical test data to explore an alternative approach. Specifically, we investigate whether a machine learning-based approach can accelerate the process of identifying material parameters based on our mechanical test data. Toward this end, we pursue two different strategies. In the first strategy, we replace the forward finite element simulations within an iterative optimization framework with a machine learning-based metamodel. Here, we explore both Gaussian process regression and neural network metamodels. In the second strategy, we forgo the iterative optimization framework and use a stand alone neural network to predict the entire material parameter set directly from experimental results. We first evaluate both approaches with simple shear experiments on blood clot, an isotropic, homogeneous material. Next, we evaluate both approaches against simple shearand uniaxial loading experiments on right ventricular myocardium, an anisotropic, heterogeneous material. We find that replacing the forward finite element simulations with metamodels significantly accelerates the parameter identification process with excellent results in the case of blood clot, and with satisfying results in the case of right ventricular myocardium. On the other hand, we find that replacing the entire optimization framework with a neural network yielded unsatisfying results, especially for right ventricular myocardium. Overall, the importance of our work stems from providing a baseline example showing how machine learning can accelerate the process of material parameter identification for soft materials from complex mechanical data, and from providing an open access experimental and simulation dataset that may serve as a benchmark dataset for others interested in applying machine learning techniques to soft tissue biomechanics.