Total amount raised
$336.6 Million
Latest funding date
1/1/2025
Location
Synthesia has successfully raised funding over 8 rounds, with the latest being a Venture - Series Unknown round. The platform leverages advanced AI to create videos from text, featuring AI avatars and voiceovers.
With backing from 23 investors, including notable names like Google Ventures and NVIDIA, Synthesia continues to innovate in the AI video creation space. Keep reading to explore the intricacies of Synthesia's fundraising journey and the investors supporting this cutting-edge platform.
What Is Synthesia?
Synthesia, based in London, England, is a leading AI video platform that enables users to create videos from text using advanced AI avatars and voiceovers. The company operates in various industries, including Artificial Intelligence, Content Creation, and Video Editing.
Founded by a team of innovators, Synthesia has grown to employ between 501-1000 people. The platform is trusted by over 90% of Fortune 100 companies, offering scalable and affordable video content creation solutions without the need for traditional production resources.
How Much Funding Has Synthesia Raised?
- Pre-Seed Round
- Amount Raised: USD 1,000,000
- Date: October 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of their AI video platform.
- Seed Round
- Amount Raised: USD 3,100,000
- Date: April 2019
- Lead Investors: LDV Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the platform and expand the team.
- Series A
- Amount Raised: USD 12,500,000
- Date: April 2021
- Lead Investors: FirstMark
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product features.
- Series B
- Amount Raised: USD 50,000,000
- Date: December 2021
- Lead Investors: Kleiner Perkins
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate market expansion and product development.
- Series C
- Amount Raised: USD 90,000,000
- Date: June 2023
- Lead Investors: Accel
- Valuation at Round: USD 1,000,000,000
- Motivation Behind the Round: To support product growth and expand into new markets.
- Series D
- Amount Raised: USD 180,000,000
- Date: January 2025
- Lead Investors: New Enterprise Associates
- Valuation at Round: USD 2,100,000,000
- Motivation Behind the Round: To hire new talent and continue evolving the product.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: April 2025
- Lead Investors: Adobe Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance AI capabilities and expand market reach.
- Series Unknown
- Amount Raised: USD 200,000,000
- Date: October 2025
- Lead Investors: Google Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop new AI-powered video experiences.
Total Amount Raised: USD 536,600,000. Current Valuation: USD 2,100,000,000.
Key Investors
- Google Ventures
- Details: Google Ventures, also known as GV, is the venture capital arm of Alphabet Inc. It focuses on funding innovative startups across various sectors.
- Investment Focus Areas: Technology, life sciences, consumer products.
- Notable Investments: Uber, Nest, Slack.
- Adobe Ventures
- Details: Adobe Ventures is the corporate venture capital arm of Adobe Inc., focusing on strategic investments in companies that align with Adobe's business interests.
- Investment Focus Areas: Digital media, marketing technologies, creative software.
- Notable Investments: Not publicly disclosed.
- New Enterprise Associates (NEA)
- Details: NEA is a global venture capital firm that invests in technology and healthcare companies at all stages of growth. It is one of the world's largest and most active venture capital firms.
- Investment Focus Areas: Technology, healthcare, energy.
- Notable Investments: Robinhood, Coursera, Duolingo.
- Accel
- Details: Accel is a venture capital firm that focuses on early and growth-stage technology companies. It has a global presence with offices in Palo Alto, London, and Bangalore.
- Investment Focus Areas: Technology, software, internet.
- Notable Investments: Facebook, Dropbox, Spotify.
- Kleiner Perkins
- Details: Kleiner Perkins is a venture capital firm that specializes in investing in early-stage and growth-stage companies in the technology and life sciences sectors.
- Investment Focus Areas: Technology, life sciences, sustainability.
- Notable Investments: Google, Amazon, Twitter.
What's Next for Synthesia?
As Synthesia looks to the future, the company is poised to capitalize on significant opportunities. With plans to expand into new markets like Japan and Australia, and to develop interactive, real-time AI-powered video experiences, the potential for growth is immense. The company’s recent $180 million funding round, which doubled its valuation to $2.1 billion, underscores the market's confidence in its innovative capabilities.
Future fundraising opportunities appear promising, with potential for additional venture capital rounds or strategic investments from large tech companies. The growing demand for AI-generated video content and the company's strong track record make it an attractive investment. However, Synthesia will need to navigate challenges such as competition from other AI startups, regulatory hurdles, and the need to continuously innovate to stay ahead.
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