HeyGen

HeyGen is a generative artificial intelligence company based in Los Angeles, California, focused on identity-first AI video creation. Founded in December 2020 by Joshua Xu and Wayne Liang, the company has quickly established itself as a key player in business communication by transforming video content production. With a team of approximately 51–200 employees, HeyGen has raised a total of $65.6 million in funding, achieving a valuation of over $440 million and reporting $200 million in Annual Recurring Revenue as of June 2026. The company offers an AI-powered video generation platform that allows users to create professional videos from text, images, audio, and scripts. Key features include the generation of photorealistic digital avatars, automated video translation in over 100 languages, and text-to-video conversion. HeyGen's platform supports scalability and caters to a diverse range of languages and dialects, making it accessible for various users and organizations looking to enhance their video content creation.

Valuation: $500M, $60M Series A (Jun 2024, Benchmark).