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HeyGen

Generative AI Applications
Digital Humans
Product stageSegments
Seed
?
Marketing content, Business process improvement
?

HeyGen (formerly known as Movio) is a generative AI video creation platform for businesses, allowing users to create videos of virtual avatar presenters, with text inputs being converted into the avatar’s dialogue. HeyGen offers 100+ diverse avatars, over 300 templates, 300+ voices, and over 40 languages for localization. The platform is available directly via an internet browser. Use cases where HeyGen is applicable include:

1) Explainer videos: Short how-tos, tutorial videos, and product descriptions in video format, designed to replace text articles and engage customers

2) Training and onboarding: Learning and development videos for new and existing employees 

3) Marketing: Sales videos for products and services with a virtual spokesperson

4) News: Timely breaking news updates without requiring live anchors and recording equipment

HeyGen also offers an API for integration with an organization’s platforms. In June 2023, the company rolled out a ChatGPT plugin to translate text-based interactions into video content.

Funding and financials

In November 2023, the company raised USD 5.6 million in a funding round led by Conviction Partners. Purpose of the funding was not disclosed.

Generative AI Applications

Generative AI Applications

Key stats
Featured companies
277
Total funding (USD)
29.1 Bn
Total addressable market (USD)
20.9 Bn
Key competitors
 
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Product Overview
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Product Metrics
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Company profile
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Recent Updates

Funding
Nov 30, 2023
HeyGen raises USD 5.6 million in venture funding; launches ‘Instant Avatar’
Generative AI Applications

Company Brief


HQ location:
Los Angeles CA USA
Founded year:
2020
Employees:
11-50
Total Funding:
USD 9.0 million

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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