H

HeyGen

Application

AI video generation and avatar creation platform.

Total funding$74.7M

Valuation$500M

Employees120

Founded2020

HeadquartersLos Angeles, USA

StatusPrivate

Products

Selected offerings — the AI products recorded here, not the vendor's full catalogue.

• HeyGen Application Sold on its own

  Generates presenter videos from a script using synthetic avatars, including avatars cloned from a person.

• LiveAvatar API service Sold on its own

  Real-time interactive avatar API with unlimited concurrency, billed per minute of streaming and falling to $0.01/min at the top volume tier.

Inside HeyGen

• HeyGen Video Translator Application Included with the parent

  Re-voices an existing video into another language and matches the speaker's lip movement to the new audio.

• HeyGen API API service Included with the parent

  Hosted API for avatar video generation, translation and voice cloning, billed through the same HeyGen account and credit plans as the core product.

Closest alternatives 2

SSynthesiaPrivate · $4BHeyGen's own head-to-head comparison page.3 of 4 capabilitiesShared product typeLarger scaleSourced competitorCreate synthetic voice and audioCreate images and videoCompareIInVideoPrivate · $52.5M raisedInVideo's own official FAQ/comparison page.1 of 4 capabilitiesShared product typeSame scale bandSourced competitorCreate images and videoCompare

Similar products 91

How this list is ranked ↗

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larger scale (private).3 of 4 capabilitiesShared product typeLarger scaleCompareCColossyanPrivateHeyGen API and Cora do comparable work on avatar video and video generation; Colossyan's scale not recorded; ships AI agent rather than the same layer.2 of 4 capabilitiesDifferent layerComparePLPika LabsPrivate · $470MHeyGen Video Translator and Pika do comparable work on video generation; both also serve buyers who need to create images and video; same layer and the same scale band (early-stage private).1 of 4 capabilitiesShared product typeSame scale bandCompareLLLuma LabsPrivate · $3.9BHeyGen Video Translator and Luma Agents do comparable work on video generation; both also serve buyers who need to create images and video; larger scale (private).1 of 4 capabilitiesShared product typeLarger scaleCompareBByteDancePrivateHeyGen Video Translator and Doubao (豆包) do comparable work on translation and video generation; both also serve buyers who need to create images and video; larger scale (private).3 of 4 capabilitiesShared product typeCompareRRespeecherPrivate · $4M raisedHeyGen Video Translator and AI Voice Lab do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; similar scale (private).1 of 4 capabilitiesShared product typeCompareWLWellSaid LabsPrivateHeyGen Video Translator and WellSaid Labs voice platform do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; WellSaid Labs's scale not recorded.1 of 4 capabilitiesShared product typeCompareLLeonardo.AiAcquired ($31M deal)HeyGen Video Translator and Leonardo AI do comparable work on video generation; both also serve buyers who need to create images and video; Leonardo.Ai is acquired, with no independent scale.1 of 4 capabilitiesShared product typeCompareDDeepLPrivate · $2BHeyGen Video Translator and DeepL Voice for Conversations do comparable work on text to speech and translation; larger scale (private).2 of 4 capabilitiesShared product typeLarger scaleCompareHAHalo AIPrivateHeyGen Video Translator and Halo AI do comparable work on video generation; both also serve buyers who need to create images and video; Halo AI's scale not recorded.1 of 4 capabilitiesShared product typeCompareKKreaPrivate · $83M raisedHeyGen Video Translator and Krea do comparable work on video generation; both also serve buyers who need to create images and video; same layer and the same scale band (early-stage private).1 of 4 capabilitiesShared product typeSame scale bandCompareLLightricksPrivate · $335M raisedHeyGen Video Translator and Videoleap do comparable work on video generation; both also serve buyers who need to create images and video; similar scale (private).1 of 4 capabilitiesShared product typeCompareRRunwayPrivate · $5.3BHeyGen and Runway Characters do comparable work on avatar video; larger scale (private).2 of 4 capabilitiesShared product typeLarger scaleCompareFFigmaPublic · $14.4BHeyGen Video Translator and Figma Weave do comparable work on video generation; both also serve buyers who need to create images and video; larger scale (public).1 of 4 capabilitiesShared product typeLarger scaleCompareKKakaoPublic · $16BHeyGen Video Translator and Kanana do comparable work on text to speech; both also serve buyers who need to create images and video and create synthetic voice and audio; larger scale (public).1 of 4 capabilitiesShared product typeLarger scaleComparePPlayAIPrivateHeyGen Video Translator and Play.ht do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; PlayAI's scale not recorded.1 of 4 capabilitiesShared product typeCompareCCanvaPrivate · $42BHeyGen Video Translator and Translate do comparable work on translation; larger scale (private).2 of 4 capabilitiesShared product typeLarger scaleCompareHHiggsfieldPrivate · $1.3BHeyGen Video Translator and Higgsfield do comparable work on video generation; both also serve buyers who need to create images and video; larger scale (private).1 of 4 capabilitiesShared product typeLarger scaleCompareYYandexPublicHeyGen and Alice AI both serve buyers who need to create images and video and create synthetic voice and audio; Yandex's scale not recorded.2 of 4 capabilitiesShared product typeCompareUUnbabelAcquired ($91.2M deal)HeyGen Video Translator and Unbabel MT Score do comparable work on translation; 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Closest alternatives are pairs a vendor page itself compares. Similar products are matched from what each product does; nothing in that group is asserted as a rivalry.

Sources

Total funding

Third-party database · 3 Jan 2026

HeyGen funding rounds and valuation, Forge Global, January 3, 2026. Read via stockanalysis.com's citation for this figure on 2026-08-27.

Valuation

News reporting · 20 Jun 2024

AI Video Startup HeyGen Valued at $500 Million in Funding Round, Bloomberg, 2024-06-20. post-money valuation of the round dated 2024-06-20. Read via stockanalysis.com's citation for this figure on 2026-08-27.

Employees

News reporting · Apr 2026

Forbes company profile for HeyGen, "Employees" stated as of April 2026. Read 2026-08-27.

Founded

Wikipedia · 27 Aug 2026

Wikipedia infobox "founded" field, read 2026-08-27.

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