HeyGen

Create production-ready videos from text in seconds with AI-generated avatars and voices.

Founded

2020

Employees

26-50

Customers

Funding

$69m

Funding Rounds

3

Categories

Depts likely to use:

OTT functionality:

Type:

SOLUTIONS

AI-Powered Video Generation: HeyGen enables the rapid creation of videos using AI-generated avatars and voices, transforming text into fully produced videos almost instantly. This tool is ideal for businesses needing to frequently update video content to reflect new products or features​.

Streaming Avatar API: This technology provides virtual AI sales development representatives (SDRs) for websites, which can interact with customers in real-time, offering personalized customer interactions. It’s designed to enhance customer service and sales strategies by providing a cost-effective, scalable solution that operates 24/7 without the need for continuous human intervention​.

Interactive Demos: HeyGen allows businesses to create interactive demos that can be quickly updated as product features evolve. This service is crucial for companies in fast-paced industries who need to consistently demonstrate the latest product capabilities without significant investments in new video productions each time​.

Personalized Video Emails: The platform supports the creation of personalized video messages for email marketing, enabling more direct and engaging communication with customers and leads. This can help significantly in increasing conversion rates and shortening sales cycles​.

ABOUT THE COMPANY

HeyGen offers a variety of solutions to streamline video production using AI technology, particularly through the creation of personalised and interactive video content. Their technology simplifies video creation, making it as easy as generating content directly from text inputs. This approach democratises the production of engaging visual content and reduces the cost and complexity traditionally associated with such processes.

The company envisions a world where creating videos is as straightforward and impactful as traditional text-based storytelling. With a variety of AI-generated avatars and voices, HeyGen offers a range of customisable options that cater to different business needs and cultural contexts, ensuring that the videos produced are not only high-quality but also resonate with a diverse audience.

Their solutions are designed to be user-friendly, allowing even those with minimal technical skills to create professional-looking videos quickly and efficiently.

FINANCES

HeyGen raised $9 million in a seed funding round on November 8, 2022​. Subsequently, they secured an additional $5.6 million in an early stage venture capital round on December 1, 2023.

Investors include: Sequoia Capital, Baidu Ventures, and IDG Capital.

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