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HeyGenHeyGen, Inc.
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Video & AnimationactiveFreemium

HeyGen

HeyGen, Inc. · Founded 2020

HeyGen is an AI avatar video generation platform founded in 2020 by Joshua Xu and Wayne Liang and headquartered in Los Angeles (the company relocated from China in 2022) that turns scripts, prompts, or uploads into studio-quality videos featuring photorealistic digital twins. Used by 80% of the Fortune 100 and by 100,000+ businesses and teams, it raised a $60M Series A led by Benchmark at a valuation of over $500M in June 2024, when it reported 40,000+ paying business customers and $35M+ ARR (per HeyGen's official Series A post).

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HeyGen

What HeyGen is

HeyGen is an AI avatar video generation platform founded in 2020 by Joshua Xu and Wayne Liang and headquartered in Los Angeles (the company relocated from China in 2022) that turns scripts, prompts, or uploads into studio-quality videos featuring photorealistic digital twins. Used by 80% of the Fortune 100 and by 100,000+ businesses and teams, it raised a $60M Series A led by Benchmark at a valuation of over $500M in June 2024, when it reported 40,000+ paying business customers and $35M+ ARR (per HeyGen's official Series A post).

Funding snapshot

HeyGen raised $60M in June 2024 in a Series A led by Benchmark that valued the company at over $500M, and $5.6M in November 2023 from Sarah Guo's Conviction (earlier backers included Sequoia China/HongShan and ZhenFund). At the time of the June 2024 round HeyGen reported more than 40,000 paying business customers and $35M+ ARR. No newer funding round, valuation, or ARR figure was verifiable as of 2026-09-15.

Key features

  • Avatar V (announced April 2026) — HeyGen's most realistic AI avatar model, with phoneme-level lip-sync and voice-synchronised emotion
  • Video translation in 175+ languages and dialects preserving the original speaker's tone and lip movement
  • Video Agent — text-prompt-to-finished-video generation with editable script, motion, and scenes
  • AI Studio with Voice Director, Voice Mirroring, Gesture Control, and Brand Kit for team workflows
  • Voice cloning and a 500+ stock avatar library plus unlimited photo avatars on paid tiers
  • 4K video export, video templates, PPT/PDF-to-video, and SCORM/LMS export for learning teams
  • Open-source HyperFrames video rendering framework and HeyGen for Developers production APIs

Where it lives

Web app at heygen.comiOS and Android mobile appsHeyGen REST API and CLI (developers.heygen.com)ZapierHubSpotSalesforcen8n and Make automation platformsLMS integrations and SCORM export

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Sources & media

Tags

#video#avatar#translation#lip-sync#voice-cloning#enterprise#marketing#ai-video-generator
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