When was HeyGen founded?

HeyGen was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is HeyGen located?

HeyGen is headquartered in Los Angeles, United States.

Who is the current CEO of HeyGen?

Joshua Xu of HeyGen. They have also founded 1 company.

How many employees does HeyGen have?

As of Aug 31, 2026, the latest employee count at HeyGen is 453.

Is HeyGen a funded 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 round, raised on Nov 29, 2023.

How much is HeyGen worth?

The latest valuation of HeyGen is $***** as of Dec 31, 2024.

When was the latest funding round of HeyGen?

HeyGen's latest funding was a $***** Series A round on Jun 20, 2024, with participation from 9 investors. Its primary sector is Video Creation Tools. In United States, the Video Creation Tools sector has seen $742M in funding in 2026 to date.

Where does HeyGen rank among its competitors?

HeyGen ranks 7th amongst 3244 active competitors, of which 124 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Higgsfield, which secured $400M in Aug, 2026.

Who are the top competitors of HeyGen?

HeyGen's top competitors include Mirage, Invideo and Synthesia. Among them, Higgsfield secured the most recent funding round in August, 2026.

HeyGen - 2026 Company Profile, Team, Funding & Competitors

HeyGen is a series A company based in Los Angeles (United States), founded in 2020 by Wayne Liang and Joshua Xu. It operates as an AI-powered video creation platform. HeyGen has raised $65.6M in funding from Benchmark and Conviction, with a current valuation of $*****. The company has 3244 active competitors, including 124 funded and 24 that have exited. Its top competitors include companies like Mirage, Invideo and Synthesia.

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.

Website: www.heygen.com/
Social
Email ID: *****@heygen.com

Key Metrics

Founded Year

2020

Location

Los Angeles, United States

Stage

Series A

Total Funding

$65.6M in 2 rounds

Latest Funding Round

Series A, Jun 20, 2024, $*****

Post Money Valuation

$***** as on Dec 31, 2024

Investors

Benchmark & 11 more

Ranked

7^th among 3244 active competitors

Employee Count

453 as on Aug 31, 2026

Similar Companies

Invideo & 926 more

View HeyGen's full profile

HeyGen is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HeyGen Technology Inc CIN: 384235881 , United States, Active	May 22, 2023	-	74 (As on Dec 31, 2024)	-

HeyGen has raised a total funding of $65.6M over 2 rounds. Its first funding round was on Nov 29, 2023. Its latest funding round was a Series A round on Jun 20, 2024 for $*****. 9 investors participated in its latest round. HeyGen has 8 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of HeyGen:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 20, 2024	5915394	Series A	4088452	3619604	5793708	1583574
Nov 29, 2023	2160175	Series A	8091280	8828429	Conviction & 1 more	1736481

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View details of HeyGen's funding rounds and investors

The founders of HeyGen are Wayne Liang and Joshua Xu. Joshua Xu is the CEO of HeyGen.

Here are the details of HeyGen's key team members:

Wayne Liang: Co-Founder & Chief Innovation Officer of HeyGen.
Contact Info: 1 email address
Joshua Xu: Co-Founder & CEO of HeyGen and founder of 1 other company.
Contact Info: 1 email address

View details of HeyGen's Founder profiles and Board Members

HeyGen's employee count trend

HeyGen has 453 employees as of Aug 26. Here is HeyGen's employee count trend over the years:

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Top competitors of HeyGen include Mirage, Invideo and Synthesia. Here is the list of Top 10 competitors of HeyGen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mirage 2021, New York (United States), Series D	AI platform for generating, editing, and captioning videos automatically	$175M	Kleiner Perkins, Index Ventures & 20 others	78/100
2nd	Invideo 2017, San Francisco (United States), Series B	Developer of an artificial intelligence platform for video creation and editing	$52.5M	Peak XV Partners, Surge & 38 others	74/100
3rd	Synthesia 2017, London (United Kingdom), Series E	Developer of software for generating videos using artificial intelligence avatars	$536M	LDV Capital, Kleiner Perkins & 34 others	69/100
4th	Lightricks 2013, Jerusalem (Israel), Series D	AI-powered tools for image, video editing, and content creation	$335M	Insight Partners, Goldman Sachs Investment Partners ... & 15 others	68/100
5th	Tavus 2020, Houston (United States), Series B	Developer of a conversational video interface and AI human models	$64.2M	Y Combinator, CRV & 18 others	67/100
6th	Higgsfield 2023, San Francisco (United States), Series B	AI-powered video creation and editing platform	$538M	Menlo Ventures, GFT Ventures & 26 others	67/100
7th	HeyGen 2020, Los Angeles (United States), Series A	AI-powered video creation platform	$65.6M	Bond Capital, Benchmark & 10 others	66/100
8th	Luma AI 2021, Palo Alto (United States), Series C	Developer of multimodal artificial intelligence models for creative media production	$1.06B	Amazon, Amplify Partners & 13 others	66/100
9th	Descript 2017, San Francisco (United States), Series C	Provider of an AI-powered platform for video and podcast creation	$101M	Redpoint Ventures, Spark Capital & 26 others	65/100
10th	Moonvalley 2023, Toronto (Canada), Acquired	Developer of generative artificial intelligence models for cinematic video production	$154M	General Catalyst, Khosla Ventures & 5 others	64/100