HeyGen
HeyGen, founded in 2020 in Los Angeles, is an AI video creation platform backed by existing investors including Sequoia China and ZhenFund.
About
HeyGen, founded in 2020 in Los Angeles, is an AI video creation platform backed by existing investors including Sequoia China and ZhenFund. Focused on marketing applications, the company grew its ARR rapidly after launching its AI video creation app, reaching $18 million by November. HeyGen has proprietary video AI models and integrates LLMs from OpenAI and Anthropic, as well as audio products from ElevenLabs.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Investor· 2
Founders / team· 1
Founders / core team
Investors
Funding history
- 2024-06Series A$60M
Investors · Benchmark
Source · SVTR Weekly #046 - 2023-12$6M
Investors · Conviction
Source · SVTR Weekly #030
Comparable companies· by market
This company
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Provides video generation services to users using AI-created virtual characters
Series A · $126M · 2024-06
$126M
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Series A · $14M · 2023-10
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AI to help users create educational and training videos from text
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Other / unspecified
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Decentralized creative platform that lets users generate high-quality images and videos with AI
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$2M
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
Andreessen Horowitz
14 Vertical Models deals in the last 24 months · 7 at a nearby stage · 13 in Greater LA
Request intro →Khosla Ventures
13 Vertical Models deals in the last 24 months · 8 at a nearby stage · 8 in Greater LA
Request intro →Sequoia Capital
10 Vertical Models deals in the last 24 months · 5 at a nearby stage · 9 in Greater LA
Request intro →Index Ventures
10 Vertical Models deals in the last 24 months · 8 at a nearby stage · 9 in Greater LA
Request intro →HongShan
10 Vertical Models deals in the last 24 months · 10 at a nearby stage · 1 in Greater LA
Request intro →Lightspeed
7 Vertical Models deals in the last 24 months · 3 at a nearby stage · 7 in Greater LA
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.