Synthesia
“Can AI-generated video become the default format for enterprise communications, training, and content at scale?”
Founded2017
HQLondon, United Kingdom
FoundersVictor Riparbelli
Total raisedundisclosed (6 rounds)
Latest roundSeries C, January 2025
Valuation$910M pre-money (Series C, Jun 2023); unicorn at ~$1B+ (2023)
IndustryHorizontal SaaS / AI Video
The story
Founded in 2017 as an AI research-driven video synthesis company, Synthesia commercialized its technology into a self-serve and enterprise SaaS platform for AI video creation. The company scaled rapidly serving Fortune 500 clients for training, onboarding, and communications use cases. Achieving unicorn status in 2023 with Nvidia backing, Synthesia has focused on embedding its platform into enterprise L&D, sales enablement, and compliance workflows globally — with no embedded finance products of its own.
Product timeline
2017
Synthesia founded, pioneering AI-driven video synthesis research.· pivot
2021
Launched commercial SaaS platform enabling businesses to generate AI avatar videos from text.· banking
2023
Raised $90M Series C led by Accel with Nvidia backing, achieving unicorn valuation.· pivot
2025
Latest funding round announced January 2025; expanded avatar library to 240+ and language support to 160+.· pivot
The stack
Accounting gap: none