Synthesia offers a platform to create videos featuring stock or custom AI avatars. Credit: sdecoret via Shutterstock.

Synthesia, a video creation platform powered by artificial intelligence (AI), has raised $90m in a Series C funding round.

The funding round, which values the firm at $1bn, was led by Accel.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

NVIDIA’s venture capital arm, NVentures and existing investors Alex Wang, Amjad Masad, Firstmark Capital, GV, Kleiner Perkins and Olivier Pomel also participated in the round.

UK-based Synthesia offers a platform for business customers that enables them to create instructional videos featuring stock or custom AI avatars.

Besides partnering with leading VCs and strategic investors, the company plans to use the funding to advance its AI research.

Accel partner Philippe Botteri said: “By dramatically lowering the cost and production time of videos, Synthesia is opening a new range of use cases for corporate training, marketing, and communication videos. With their research team constantly pushing the limits of AI video generation, I could not be more excited about our investment in the company.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Set up in 2017, the company claims to have recorded a 456% growth and currently serves 50,000 businesses.

NVentures head Mohamed Siddeek said: “Synthesia is doing breakthrough work bringing these tools to enterprise video production, helping to enable a future where anyone can generate studio-grade videos without the physical barriers of cameras or microphones.”

Synthesia co-founder and CEO Victor Riparbelli said: “We have made great strides toward our vision to make video easy for everyone, but there is still a long way to go.

“While we were not actively looking for new investment, Accel and NVIDIA share our vision for transforming traditional video production into a digital workflow that will enable creators to bring their ideas, from training videos to Hollywood films to life with only a Synthesia account.”