About HeyGen
HeyGen is a Technology company based in Los Angeles (United States) founded in 2020 by Wayne Liang and Joshua Xu. HeyGen has raised $65.6 million across 2 funding rounds from investors including Benchmark, Thrive Capital and Dylan Field. The company has 6 employees. Its chief executive, as recorded, is Joshua Xu. Its website heygen.com draws about 10.2 million monthly visits. HeyGen offers products and services including HeyGen AI Studio, HeyGen Avatars, HeyGen Voice, and HeyGen Video. Its focus areas include High Tech, Generative AI, Industry Agnostic Applications and Video. Its legal entity is HeyGen Technology Inc. Its competitors include Pika Labs, Kapwing and Prins; 3 of its 3 listed competitors have raised funding.
Company details
AI-powered video creation platform. It enables users to create videos with avatars and streamline the video creation process. Features include text-to-speech, pitch, volume, emotion, pronunciation, and more.
- Headquarters Los Angeles, United States
- Employees 6
- Founders Wayne Liang, Joshua Xu
- SectorsTechnology
- Website category Computers Electronics and Technology · Graphics Multimedia and Web Design
- Email••••••••
- Website heygen.com
- Social LinkedIn X
- Legal Name Heygen Technology Inc
- Total Equity Funding$65.6M (USD)
in 2 rounds
- Latest Funding Round$60M (USD), Series A
Jun 2024
- InvestorsBenchmark
& 7 more
- Employee Count6
Products & Services of HeyGen
HeyGen offers a comprehensive portfolio of products and services, including HeyGen AI Studio, HeyGen Avatars, HeyGen Voice, and HeyGen Video.
Platform for creating, editing and localizing videos with AI-generated avatars and voices.
Custom and stock digital avatars for video communication and content creation.
Text-to-speech and voice tools for AI-generated video.
Text, image and reference-to-video generation tools for creators and businesses.
Funding Insights of HeyGen
HeyGen has successfully raised a total of $65.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $60 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $65.6M
- Total Rounds 2
- Last Round Series A — $60M
- First Round $5.6M
(Nov 2023)
- Investors Count 8
All 2 funding rounds of HeyGen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $60M | Series A | – | Benchmark | |
| Nov 2023 | $5.6M | Series A | – | Conviction, Benchmark | – |
8 investors in total: 5 institutional and 3 angel.
Investors in HeyGen
HeyGen has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Benchmark, Thrive Capital and Dylan Field.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to promising startups. | benchmark.com | San Francisco, United States | ||
Early-stage technology startups are invested in by Thrive Capital. | thrivecap.com | New York, United States | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Investments in multiple sectors are made by Bond Capital. | bondcap.com | San Francisco, United States | ||
Conviction is focused on investing in AI-native software companies. | conviction.com | |||
DF Dylan Field | CEO of Figma, prominent angel investor in tech startups | unknown_c1dec6acecf84e28b | ||
EG Elad Gil | Tech entrepreneur, angel investor, ex-Twitter VP, author of High Growth Handbook | unknown_5c93ac076f334343b | ||
NM Neil Mehta | Founder of Greenoaks Capital, active angel investor in Indian startups | unknown_85c8460e06d445608 |
Investor details for HeyGen
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of HeyGen
3 people are tracked at HeyGen (3 in leadership); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Wayne Liang | Co-Founder & COO | Leadership |
Joshua Xu | Co-Founder & CEO | Leadership |
Josh Xu | Co-founder, CEO | Leadership |
Complete people profiles for HeyGen
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of HeyGen
3 dated milestones of HeyGen across 4 years, from founding to its latest funding, stage changes and deals.
- Founded HeyGen is founded.
- Funding First funding round of $5.6M.
- Funding Latest funding round, Series A, of $60.0M.
Competitors of HeyGen
HeyGen has 3 listed competitors in our database, 3 of them funded. They include Pika Labs, Kapwing and Prins.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pika.art | 2023 | Palo Alto, United States | $115M | 9 | Developer of a platform for creating and interacting with digital art | |
| kapwing.com | 2017 | San Francisco, United States | $12.7M | 24 | Video creation and editing platform | |
| prins.ai | 2023 | Lakewood, United States | $122M | AI-driven digital training is provided using blockchain for records. |
Detailed competitors of HeyGen
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of HeyGen
The website of HeyGen (heygen.com) receives about 10.2M visits a month and ranks #4,652 among all websites worldwide, #690 in Graphics Multimedia and Web Design.
- Monthly visits10.2M
▲ 17.8% vs previous month
- Unique visitors2.7M
per month
- Global rank#4,652
among all websites
- Category rank#690
Computers Electronics and Technology · Graphics Multimedia and Web Design
- Bounce rate38%
- Pages per visit8.1
- Average visit8 min 02 sec
- DevicesDesktop 67% · Mobile 33%
Websites whose visitors overlap most with HeyGen. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| invideo.io | 100% | 9.3M | #5,261 | View details | |
| veed.io | 94% | 13.3M | #2,659 | View details | |
hailuoai.video | hailuoai.video | 84% | #8,371 | – | |
| vidnoz.com | 83% | 4.6M | #10,751 | View details | |
| creatify.ai | 83% | 1M | #44,853 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for HeyGen
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
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Top companies in Video Creation Tools
3 companies that operate in the same segment as HeyGen (Video Creation Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered tools for video creation from text prompts are offered. | 2017 | San Francisco, California, United States | USD 57.66 M | |||
AI tools for multimodal world simulations are developed. | 2018 | New York, New York, United States | USD 859.5 M | |||
AI-enabled photorealistic 3D capturing technology is provided for e-commerce. | 2021 | San Francisco, California, United States | USD 1.06 B | 497 |
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Related news about Heygen
Complete news archive for HeyGen
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Frequently Asked Questions about HeyGen
HeyGen was founded in 2020 and raised its 1st funding round 3 years after it was founded.
HeyGen is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Joshua Xu is the CEO of HeyGen, as recorded in our data. They have also founded this company.
HeyGen is a funded company, having raised a total of $65.6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.6M, raised on Nov 2023.
HeyGen has 6 employees.
AI-powered video creation platform. It enables users to create videos with avatars and streamline the video creation process. Features include text-to-speech, pitch, volume, emotion, pronunciation, and more.
HeyGen offers HeyGen AI Studio, HeyGen Avatars, HeyGen Voice, and HeyGen Video.
HeyGen has 8 investors. Key investors include Benchmark, Thrive Capital, Dylan Field, Elad Gil, and Neil Mehta.
HeyGen operates through Heygen Technology Inc.
The website of HeyGen receives about 10.2 million visits a month and ranks #4,652 among all websites worldwide.