London-based artificial intelligence video platform Synthesia has secured a $200 million Series E funding round, nearly doubling its valuation to $4 billion in just one year. The investment was led by Google Ventures with participation from Nvidia's NVentures, marking a significant vote of confidence in the enterprise AI sector.
The funding round attracted both new and returning investors, including Evantic, the venture capital firm founded by former Sequoia partner Matt Miller, and Hedosophia. Existing backers Accel, Kleiner Perkins, New Enterprise Associates, PSP Growth, and Air Street Capital also participated, bringing Synthesia's total funding to over $500 million since its founding in 2017.
Synthesia has established itself as a leader in AI-generated video content, offering a platform that creates photorealistic avatars capable of speaking in over 140 languages with full-body gesturing capabilities. The company has amassed more than 60,000 customers globally, with over 80 percent of Fortune 100 companies using its technology. Major clients include Bosch, Merck, SAP, DuPont, Xerox, and Heineken.
The company's financial performance has been equally impressive, reaching $150 million in annual recurring revenue with expectations to surpass $200 million in 2026. CEO Victor Riparbelli stated that the company is at a unique point where technology enables agents that can truly understand and respond, signaling Synthesia's strategic pivot toward conversational AI agents for corporate training and employee upskilling.
As part of the funding announcement, Synthesia revealed plans to facilitate an employee secondary share sale at the new $4 billion valuation, allowing staff members to cash out some of their equity holdings. The company previously attracted acquisition interest from Adobe at around $3 billion, discussions that ultimately did not materialize into a deal.
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