Full-Time
Posted on 4/13/2024
AI video editor for professional content creation
No salary listed
Senior, Expert
San Francisco, CA, USA + 1 more
More locations: Los Angeles, CA, USA
HeyGen provides an AI video editor that enables users to create professional spokesperson videos without needing human actors. The platform is designed for various clients, including small businesses, educational institutions, and marketing professionals, who require high-quality video content quickly and affordably. Users can select from a range of AI-generated avatars, apply automatic translations, and choose different accents to customize their videos for different audiences. HeyGen operates on a subscription model, allowing clients to pay a recurring fee for access to its features, which ensures a steady revenue stream and continuous updates. This model caters to both small businesses with limited budgets and larger enterprises needing advanced features. The company's goal is to simplify video content creation, making it accessible and efficient for a wide range of users.
Company Size
201-500
Company Stage
Series A
Total Funding
$74.6M
Headquarters
Los Angeles, California
Founded
2020
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Health Insurance
Unlimited Paid Time Off
Parental Leave
Mental Health Support
401(k) Retirement Plan
Wistia partnered with HeyGen to launch translation and AI dubbing features and Synthesia joined forces with DeepL, further cementing the trend of avatar-based multilingual video content.
Synthesia, which generates more than half of its revenue from the U.S., is a major player in the growing AI video avatar space and competes with startups such as Colossyan, HeyGen and Veed.
HeyGen, an AI video generation platform for businesses, raised $60M in Series A led by Benchmark with participation from Thrive Capital, BOND, Conviction, Dylan Field, Elad Gil, Aviv Nevo, Neil Mehta, and SV Angel among others.
HeyGen, an AI video creation platform has now raised $60M in Series A funding, led by Benchmark, with Victor Lazarte joining the board.
HeyGen, an AI startup, raised $60M in Series A funding, valuing the company at $500M. The round was led by Benchmark, with Victor Lazarte joining the board. Other investors include Thrive Capital, BOND, and SV Angel. HeyGen has grown from $1M to over $35M in ARR in a year and has been profitable since Q2 2023. New executives include Dave King as Chief Business Officer, Rong Yan as CTO, and Lavanya Poreddy as Head of Trust and Safety. The funds will enhance their product roadmap and investments in security and ethics.