HeyGen is a Los Angeles, CA–based AI video generation platform that enables businesses to create, localize, and personalize studio-quality videos by typing a script, without a camera, cast, or crew. The platform supports marketing, communications, sales, and learning & development use cases and can localize existing videos into 175 languages and regional dialects with AI voice and lip sync. Led by CEO Joshua Xu, HeyGen serves over 40,000 paying customers and grew to over $35M in ARR in just over a year. The company has been profitable since Q2 2023. HeyGen raised $60M in a Series A at a $500M post-money valuation and has now raised $74M in total. It plans to use the funds to expand operations and broaden its business reach, and has added senior hires including Dave King (Chief Business Officer), Rong Yan (CTO), and Lavanya Poreddy (Head of Trust and Safety).

Total raised

$60M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2024