Full-Time
AI platform for video creation and voiceovers
$200k/yr
Senior
New York, NY, USA
Eastern Time Zone Remote
Synthesia provides a platform that uses artificial intelligence to create videos and generate natural-sounding voices in over 120 languages. Users can easily edit and produce videos using a simple interface, similar to working with slide presentations. The platform is particularly beneficial for businesses looking to enhance their digital content in areas like e-learning, sales, customer support, and product explanations. By transforming text-heavy materials into engaging videos, Synthesia helps improve user experience and knowledge transfer. Unlike traditional video production methods, which can be costly and time-consuming, Synthesia's service allows companies to create videos more efficiently and at a lower cost. For example, clients like Xerox and Zoom have reported significant reductions in their video production expenses and time. The goal of Synthesia is to make video content creation accessible and effective for businesses, ultimately increasing user engagement.
Company Size
201-500
Company Stage
Series D
Total Funding
$336.6M
Headquarters
London, United Kingdom
Founded
2017
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401(k) Retirement Plan
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Hybrid Work Options
Paid Vacation
Paid Sick Leave
Parental Leave
Adobe has invested in UK-based AI video startup Synthesia, which serves over 70% of the Fortune 100 by enabling personalized video creation with AI avatars.
Adobe has invested in UK-based AI video startup Synthesia. Synthesia, which serves over 70% of the Fortune 100 companies, specializes in creating personalized videos using AI avatars.
Adobe's venture capital arm has invested an undisclosed amount in Synthesia, a British AI startup, in a strategic partnership. Synthesia, which serves over 70% of the Fortune 100, announced it reached $100 million in annual recurring revenue. Despite a pre-tax loss of £25.2 million on revenues of £25.7 million in 2023, profitability is not a current focus. Synthesia's CEO emphasized growth with strong customer expansion and unit economics.
Synthesia has hit $100m in annual recurring revenue (ARR) and has raised investment from Adobe ahead of a planned push into the AI agent market later this year.
Startups that build artificial intelligence (AI) applications on top of large language models (LLMs) are reportedly making rapid gains in both sales and funding. These startups are reaching as much as $200 million in annual recurring revenue in less than two years and, as a group, increased the amount of funding they attracted by 110% to reach $8.2 billion in 2024, the Financial Times (FT) reported Monday (April 14), citing data from Dealroom.co and Flashpoint. This category of AI startups includes companies like Perplexity, Synthesia, ElevenLabs, Harvey and Sierra, according to the report