Full-Time
Finance Operations Manager
Updated on 3/13/2025
Pika
51-200 employees
AI platform for video creation and editing
Compensation Overview
$140k - $170kAnnually
Mid
Palo Alto, CA, USA
- 3+ years of experience in billing, payroll, and/or financial operations.
- Experience in a start up environment
- Strong understanding of tax compliance and regulatory requirements for payroll and contractor payments.
- Proficiency in financial platforms and tools for expense management and reconciliation.
- Excellent organizational and problem-solving skills, with a keen eye for detail.
- Ability to manage multiple priorities and collaborate across departments.
- Oversee billing operations, including timely payments to vendors, contractors, employees, and advisors.
- Manage company-wide expense policies, approvals, and reconciliations to ensure compliance and cost efficiency.
- Optimize procurement processes and vendor management to streamline purchasing and maintain budget alignment.
- Administer payroll operations, ensuring accurate processing and compliance with tax regulations.
- Facilitate employee reimbursements, stipends, and perks with a focus on transparency and operational efficiency.
- Experience with Ramp
- Experience in supporting financial reporting and forecasts.
Pika.art provides a platform for users to create videos using artificial intelligence. The platform allows users to turn their ideas into videos through features like text-to-video, image-to-video, and video-to-video transformations. This means that users can easily modify scenes, extend video lengths, and change visuals just by using simple text commands. Pika caters to a wide audience, from casual creators making memes to professional filmmakers producing short films. What sets Pika apart from its competitors is its focus on user-friendliness and accessibility, enabling individuals with varying levels of technical skills to bring their creative visions to life. The company operates in the growing digital content creation market, which is driven by the increasing demand for video content across various industries. Pika's goal is to make video creation intuitive and customizable for everyone, providing powerful AI tools that enhance the creative process.
Company Size
51-200
Company Stage
Series B
Total Funding
$131.3M
Headquarters
Palo Alto, California
Founded
2023
Simplify's Take
What believers are saying
- Pika's user base grew to over 11 million after the Pika 1.5 release.
- Collaborations with brands like Balenciaga and Vogue boost Pika's market visibility.
- The rise in demand for personalized video content supports Pika's growth potential.
What critics are saying
- Competition from Runway and Luma AI with advanced models threatens Pika's market position.
- OpenAI's Sora model targets professional filmmakers, challenging Pika's user base.
- Rapid user growth may strain Pika's infrastructure, risking service disruptions.
What makes Pika unique
- Pika offers a user-friendly platform for AI-driven video creation accessible to all.
- The Pika 2.0 update enhances user control with customizable characters, objects, and scenes.
- Pika integrates AI sound effects and lip sync, adding depth to video content creation.
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Growth & Insights and Company News
6 month growth
↓ -13%1 year growth
↑ 17%2 year growth
↑ 10%Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn Morehttps://bsky.app/profile/kenklippenstein.bsky.social/post/3ld7bremnos2z. Pika, the Palo Alto-based startup that was one of the early leaders in creating lifelike AI video generation tools, has introduced its latest AI video generator model, Pika 2.0, in what it’s calling a significant update that promises far more user control and customizability for the generated video clips.The announcement comes just weeks after the successful release of Pika 1.5, which saw widespread adoption and user engagement, positioning the company as a leader in the creative AI space, and days after OpenAI finally released its own AI generator, Sora — originally shown off 10 months ago — to the masses.Pika 2.0 boasts improved text alignment, making it easier than ever to translate detailed prompts into cohesive and imaginative video clips.It enhances motion rendering, delivering naturalistic movement and believable fantastical physics — areas where previous generative AI tools have struggled.The launch of Pika 2.0 underscores Pika’s commitment to making AI video creation accessible, affordable, and user-friendly. With its focus on individuals and small creators rather than professional studios, Pika distinguishes itself from competitors like OpenAI, which recently debuted its Hollywood-focused Sora model.Pika 2.0 builds on the success of its predecessor, introducing several standout features designed to empower users to create more dynamic and engaging videos. Central to the update is the new “Scene Ingredients” feature, which allows users to upload and customize individual elements like characters, objects, and settings.Credit: PikaAdvanced image recognition technology ensures these components are seamlessly integrated into scenes, giving creators much more granular control over their content.These updates aim to make the platform more versatile for users seeking to create playful, shareable videos for social media, as well as for brands looking to produce high-quality advertising content without the cost and complexity of traditional production.11 million users and countingPika’s appeal has already translated into impressive growth. Over five million users joined the platform in a single month following the release of Pika 1.5, bringing its total user base to over 11 million.Viral features like “Squish It,” “Melt It,” and “Explode It” have driven this surge, with videos generated on the platform amassing more than two billion views.Major brands including Balenciaga, Fenty, and Vogue have tapped into Pika’s tools to create creative social advertisements, further boosting the platform’s visibility
Pika, the Palo Alto-based startup that was one of the early leaders in creating lifelike AI video generation tools, has introduced its latest AI video generator model, Pika 2.0, in what it's calling a significant update that promises far more user control and customizability for the generated video clips.
But it surely's been almost a 12 months since Pika launched its 1.0 text-to-video AI platform and since that point, many opponents have emerged and/or up to date their fashions to outclass Pika by way of realism and the results they're able to, chief amongst them, Runway which is on its Gen-3 Alpha Turbo mannequin and Luma AI which in August debuted its Dream Machine 1.5 AI video mannequin.
AI video start-up Pika raises $80M to compete with OpenAI, Google.
Pika, an AI video-generation start-up, raised $80 million in venture capital funding to compete with industry giants like OpenAI and Google. The company's tool allows users to create short videos based on text prompts. Despite challenges in the AI video space, Pika's founders are confident in their expertise and ability to compete.