Pika Labs - About the company
Pika Labs is a series B company based in Palo Alto (United States), founded in 2023 by Chelin Meng and Demi Guo. It operates as a Developer of a model that animates images with synchronized audio. Pika Labs has raised $115M in funding from Lightspeed Venture Partners and Spark Capital, with a current valuation of $*****. The company has 3569 active competitors, including 210 funded and 51 that have exited. Its top competitors include companies like Mirage, Runway and Invideo.
Company Details
Developer of a model that animates images with synchronized audio. The model generates hyper-real expressions synced to sound. It allows users to make images sing, speak, rap, or bark. The model is available on the web.
- Website
- pika.art/login
Key Metrics
Founded Year
2023
Location
Palo Alto, United States
Stage
Series B
Total Funding
$115M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 04, 2024
Investors
Ranked
50th among 3569 active competitors
Employee Count
109 as on Jul 31, 2026
Legal entities associated with Pika Labs
Pika Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Mellis Inc CIN: 7412626 , United States, Active | Apr 20, 2023 | - | 9 (As on Dec 31, 2023) | - |
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Pika Labs's funding and investors
Pika Labs has raised a total funding of $115M over 3 rounds. Its first funding round was on Dec 09, 2022. Its latest funding round was a Series B round on Jun 04, 2024 for $*****. 9 investors participated in its latest round. Pika Labs has 9 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Pika Labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 04, 2024 | 7817930 | Series B | 7188826 | 9964006 | 5103740 | 9219642 |
Nov 28, 2023 | 5195636 | Series A | 4889205 | 5572652 | 8773197 | |
Dec 09, 2022 | 3218895 | Grant (prize money) | 7160627 | 2530369 | 9788792 |
View details of Pika Labs's funding rounds and investors
Pika Labs' founders and board of directors
Founder? Claim ProfileHere are the details of Pika Labs' key team members:
- Chelin Meng: Co-Founder & CTO of Pika Labs.
- Demi Guo: Co-Founder & CEO of Pika Labs. Contact Info: 1 email address
Pika Labs' Board of Directors
Pika Labs's board has 1 active member. Fatmir Kabashi is part of team.Here is the list of Pika Labs' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 20y 11m |
View details of Pika Labs's Founder profiles and Board Members
Pika Labs' employee count trend
Pika Labs has 109 employees as of Jul 26. Here is Pika Labs's employee count trend over the years:
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Pika Labs's Competitors and alternates
Top competitors of Pika Labs include Mirage, Runway and Invideo. Here is the list of Top 10 competitors of Pika Labs, ranked by Tracxn score:
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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 | 78/100 | |
2nd | Runway 2018, New York City (United States), Series E | Developer of artificial intelligence tools for image and video generation | $860M | 76/100 | |
3rd | Invideo 2017, San Francisco (United States), Series B | Developer of an artificial intelligence platform for video creation and editing | $52.5M | 74/100 | |
4th | TrueFan AI 2020, Gurugram (India), Series A | Provider of AI video platform for enterprise marketing and content creation | $21.1M | 74/100 | |
5th | Twelve Labs 2021, Seattle (United States), Series B | AI-based platform offering video editing solutions | $207M | 70/100 | |
6th | Synthesia 2017, London (United Kingdom), Series E | Developer of software for generating videos using artificial intelligence avatars | $536M | 69/100 | |
7th | Multimedia software | - | 69/100 | ||
8th | OpusClip 2022, San Francisco (United States), Series A | Provider of AI video editing tools for short-form content creation | $50M | 68/100 | |
9th | Wondershare 2003, Vancouver (Canada), Series B | Developer of software for video editing, PDF management, and data recovery | $10M | 68/100 | |
10th | Lightricks 2013, Jerusalem (Israel), Series D | AI-powered tools for image, video editing, and content creation | $335M | 68/100 | |
50th | Pika Labs 2023, Palo Alto (United States), Series B | Developer of a model that animates images with synchronized audio | $115M | 51/100 |
Looking for more details on Pika Labs's competitors? Click here to see the top ones
Pika Labs's Investments and acquisitions
Pika Labs has made no investments or acquisitions yet.
Reports related to Pika Labs
Here is the latest report on Pika Labs's sector:
News related to Pika Labs
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Pika Labs launches social AI video app, unveils new audio-driven video AI modelGadgets 360•Aug 12, 2025•Pika Labs
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Together AI notches $3.3 billion valuation after General Catalyst-led fundraisingReuters•Feb 20, 2025•Together AI, General Catalyst, Coatue, Aramco Ventures and 31 others
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Cartesia Raises $27 Million to Build the Next Generation of Real-Time AI ModelsAiThority•Dec 12, 2024•Cartesia, Index Ventures, A.Capital Ventures, Conviction and 33 others
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Mistral AI bags $6bn valuation with second funding round for open-source AIProactive•Jun 12, 2024•Mistral AI, General Catalyst, Pika Labs, Spark Capital and 14 others
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PIKA is conducting a Series B financing with a valuation of 700 million US dollarsfromgeek.com•Jun 06, 2024•Pika Labs, Alphabet, Nvidia, Spark Capital and 3 others
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Pika completes $80 million Series B financingThe Paper•Jun 06, 2024•Pika Labs, Spark Capital, Greycroft, Lightspeed Venture Partners and 2 others
•
London-based video-generative AI platform Haiper bags €12.6M to generate high-quality video contentSilicon Canals•Mar 05, 2024•Haiper, Octopus Ventures, Google DeepMind, Cazoo and 5 others
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