Synthesia is an AI-powered video platform that transforms written text into professional-quality videos. By eliminating the need for traditional video production elements such as cameras, actors, and editing software, Synthesia simplifies the video creation process. Businesses can leverage its tools to produce visually engaging and highly customized videos tailored to specific audience needs. With faster, more cost-effective, and accessible video production, Synthesia empowers organizations of all sizes to integrate the power of video into their communication strategies effectively.
Synthesia has raised $180 million in a Series D, valuing the company at $2.1 billion. The round was led by NEA Management, with participation from new investors WiL (World Innovation Lab), Atlassian Ventures, PSP Growth, GV, and MMC Ventures. In total, Synthesia has raised $330 million to date.
Synthesia, London, England, United Kingdom, was founded in 2017 by Lourdes Agapito, Matthias Niessner, Steffen Tjerrild, and Victor Riparbelli. In 2023, the company joined the unicorn club. Synthesia operates in diverse markets, including marketing, education, corporate training, customer support, healthcare, financial services, and media, providing tailored video solutions to meet the unique needs of each industry. “We’re doubling down on all the things we’re already doing right,” said CEO and co-founder Victor Riparbelli. “We want to make our avatars better.”
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