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HeyGen

🔥 HOT
Updated Mar 21, 2026

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

🇺🇸United StatesSeries AAI Video

Out of 100

🇺🇸

HQ

United States

🗓

Founded

2020

💰

Raised

$74.6M

🏷️

Stage

Series A

👥

Team

120

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,

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Key Facts

  • HeyGen is valued at $500M as of March 2026.
  • HeyGen has raised a total of $74.6M in disclosed funding across 2 funding rounds.
  • HeyGen was founded in 2020 by Joshua Xu and is headquartered in United States.
  • HeyGen employs approximately 120 people.
  • HeyGen operates in the AI Video category and is currently at the Series A stage.
  • HeyGen has an Awaira Score of 76/100, ranking it among the tracked AI companies on Awaira.
  • HeyGen's most recent funding round was a Series A closed in January 2023, led by Khosla Ventures.

Source: Awaira · Updated Mar 21, 2026

$500M

Post-money

$74.6M

All rounds

76/100

2020

120 employees

Strengths

Strong Awaira Score of 76/100

Growing team of 120 employees

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

Analysis based on publicly available data. Not investment advice.

2

Total Rounds

N/A

Avg Round Size

2.0yr

Funding Span

⚠️ ESTIMATE
💵Est. Annual Revenue
$5M–$20M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does HeyGen stack up against competitors?

MetricHeyGenLuma 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
Country🇺🇸🇺🇸🇨🇳🇬🇧
J

Joshua Xu

Founder & CEO

View founder profile →
StageSeries A
Employees120
Country🇺🇸 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?
At $500M, the company ranks among the notable AI startups tracked on Awaira.
Who invested in HeyGen?
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?
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?
The team is roughly 120 people, headquartered in United States.
What does HeyGen do?
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?
The company was started by Joshua Xu in 2020 in United States. Joshua Xu serves as Founder & CEO.
Is HeyGen profitable?
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?
The headquarters sit in United States 🇺🇸 and was established in 2020. It competes in the AI Video sector.
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