Generative Ai Startup Synthesia Just Raised $180 Million At A $2.1 Billion Valuation Using This Pitch Deck

Steffen Tjerrild, COO/CFO, and Victor Riparbelli, CEO and cofounder.

Synthesia

• Synthesia has secured $180 million in Series D funding led by NEA, valuing it at $2.1 billion.
• The London-based startup uses AI to create videos and avatars for businesses.
• Check out the 18-slide pitch deck the startup used to secure fresh funding.

Generative AI startup Synthesia has secured $180 million in a Series D funding round led by venture firm NEA.

The London-based startup, launched in 2017, creates AI-generated videos and avatars for businesses.

The round values the startup at $2.1 billion — making it the UK's largest generative AI startup by valuation, according to data platform Dealroom.

"Over the last few years, we think we've built the market-leading AI video platform for enterprise," cofounder and CEO Victor Riparbelli told Business Insider in an interview.

Synthesia offers its customers a suite of products, including tools for creating custom AI avatars, an AI screen recorder that can help edit videos on the startup's platform, and an AI video assistant that can turn web pages into videos.

Companies like Zoom and UiPath use Synthesia's platform to develop everything from customer service videos to corporate training clips.

Riparbelli said the company's global client base distinguishes it from other European AI companies. "Over half our revenue comes from the US, so we've been quite successful at building not just a regional player but a global player out of the UK," he said.

Synthesia has benefited from the heightened investor appetite for growth-stage AI startups. The Series D was led by NEA, with participation from existing investors, including Google Ventures, and new backers, including WiL (World Innovation Lab), Atlassian Ventures, and PSP Growth. This brings its total funding to $330 million.

With the cash injection, Synthesia will continue to hone its existing product suite and build out its video publishing platform. "We're also building some of our AI agents that help you in the video production process," Riparbelli added.

The startup also plans to expand its geographic footprint in Japan, North America, and Australia in the coming year.

Check out the 18-slide pitch deck it used to secure the fresh funds.