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The leading AI video creation platform — studio-quality video with digital avatars from text
HQ: Los Angeles, CA, United States | Founded: 2020 | Employees: ~200 (2026, est.) | Stage: Series A (capital-efficient, break-even) | Website: https://www.heygen.com
HeyGen was founded in 2020 by Joshua Xu (CEO, previously a senior engineer at Snap) and Wayne Liang (CTO), initially in China before the company moved its base to Los Angeles. The founding insight: talking-head videos — the single most common corporate video format — could be generated entirely with AI, eliminating cameras, studios, and actors.
HeyGen's platform lets users create realistic avatar-based videos from text, with features spanning digital avatars (including custom, cloned, and stock avatars), multilingual AI video translation and dubbing, and an enterprise platform for teams. The product exploded in popularity in 2023 (a viral AI-dubbed video by a Netflix director brought global attention), and by 2024 the company was one of the fastest-growing software products ever, with 30M
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