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HeyGen

๐Ÿ”ฅ HOT

HeyGen's full profile: funding, valuation, competitors, and the people behind the company.

Updated Mar 21, 2026

Out of 100

๐Ÿ‡บ๐Ÿ‡ธ

HQ

United States

๐Ÿ—“

Founded

2020

๐Ÿ’ฐ

Raised

$74.6M

๐Ÿท๏ธ

Stage

Series A

๐Ÿ‘ฅ

Team

120

$500M

Post-money

$74.6M

All rounds

76/100

2020

120 employees

๐Ÿ’ตEst. Annual Revenue
$5Mโ€“$20M estimated ARR

Awaira estimate based on public data. Not financial advice.

HeyGen is an AI video generation platform founded in 2020 that enables users to create videos from text and images using artificial intelligence. The platform specializes in avatar-based video creation, allowing users to generate videos featuring digital avatars that can speak in multiple languages with synchronized lip-sync. The core technology uses generative AI to automate video production,โ€ฆ

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Strengths

โœ“

Strong Awaira Score of 76/100

โœ“

Growing team of 120 employees

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Based in the US, the world's largest AI market

Analysis based on publicly available data. Not investment advice.

HeyGen is a emerging AI company in the AI Video sector. Founded in 2020, the company is currently at the Series A stage with a team of approximately 120 employees. With $74.6M in total disclosed funding, HeyGen has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Video companies on Awaira, including Luma AI and Kuaishou.

Awaira Score

76/100

Valuation

$500M

Total Funding

$74.6M

Founded

2020

Employees

120

Stage

Series A

2

Total Rounds

N/A

Avg Round Size

2.0yr

Funding Span

With $74.6M in disclosed funding, HeyGen is a well-capitalized player in the AI Video segment.

Among 3 tracked competitors, HeyGen ranks #4 by valuation โ€” a metric investors and analysts use to gauge market standing.

Tracking HeyGen on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Video market.

Metricโ˜…HeyGenLuma AIKuaishouSynthesia
Awaira Score76/10085/10084/10079/100
Total Raised$74.6M$1.07B$5B$530M
Valuation$500M$4B$36B$4B
StageSeries ASeries CPublicSeries E
Founded2020202120112017
Employees12010010000+200
Country๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡จ๐Ÿ‡ณ๐Ÿ‡ฌ๐Ÿ‡ง
J

Joshua Xu

Founder & CEO

View founder profile โ†’
StageSeries A
Employees120
Country๐Ÿ‡บ๐Ÿ‡ธ United States
Connect
Inactive
2 rounds
Series ALatest

Led by Khosla Ventures

Undisclosed

Jan 2023

Seed

Undisclosed

Jan 2021

Frequently Asked Questions

What is HeyGen's valuation?โ–พ
At $500M, the company ranks among the notable AI startups tracked on Awaira.
Who invested in HeyGen?โ–พ
Khosla Ventures, Lerer Hippeau are among the backers. Together, they've contributed to the company's growth in the AI Video sector.
When did HeyGen last raise funding?โ–พ
The most recent round was a Series A, closed in January 2023. The round was led by Khosla Ventures.
How many employees does HeyGen have?โ–พ
The team is roughly 120 people, headquartered in United States.
What does HeyGen do?โ–พ
HeyGen is an AI video generation platform founded in 2020 that enables users to create videos from text and images using artificial intelligence. The platform specializes in avatar-based video creation, allowing users to generate videos featuring digital avatars that can speak in multiple languages with synchronized lip-sync.
Who founded HeyGen?โ–พ
The company was started by Joshua Xu in 2020 in United States. Joshua Xu serves as Founder & CEO.
Is HeyGen profitable?โ–พ
Profitability data isn't available in public filings. The company has raised $74.6M in total funding and operates at the Series A stage.
Where is HeyGen headquartered?โ–พ
The headquarters sit in United States ๐Ÿ‡บ๐Ÿ‡ธ and was established in 2020. It competes in the AI Video sector.