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HeyGen, Inc.

Series A

Raised $65.6M at $500M valuation

Founded 2020Los Angeles, United States100-200 employeesRevenue: $100M ARR (2025)

About HeyGen, Inc.

HeyGen is an AI video generation platform that enables businesses and creators to produce professional videos using AI avatars and voice synthesis, co-founded by Joshua Xu and Wayne Liang. Founded in 2020 and headquartered in Los Angeles, United States, HeyGen, Inc. has raised a total of $65.6M in funding and is currently at the Series A stage. Notable investors include Benchmark, Conviction, Bond Capital, Thrive Capital. The company has an estimated revenue of $100M ARR (2025).

Key Metrics

Total Funding
$65.6M
Founded
2020
Team Size
100-200
Headquarters
Los Angeles, United States
Valuation
$500M
Stage
Series A
Est. Revenue
$100M ARR (2025)

Founders

Joshua Xu

Co-Founder & CEO

Wayne Liang

Co-Founder & Chief Innovation Officer

Funding Rounds

RoundDateAmountInvestors
Series AJun 2024$60M
BenchmarkConvictionBond CapitalThrive Capital
SeedNov 2023$5.6M
Conviction

Investors

BenchmarkConvictionBond CapitalThrive CapitalSequoia ChinaZhenFund

Company Profiles

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HeyGen Review

Read full review, pricing, and alternatives

HeyGen produces more realistic avatars than Synthesia or Colossyan, with superior lip-sync across languages. However, Synthesia offers a more intuitive editor for non-technical users, while VEED and Descript are better choices if you need general video editing alongside AI features.

HeyGen Funding, Revenue & Investors — $65.6M Raised (2026) | ToolJunction