🏆 Deal of the Week · CW 24/2023
Synthesia raised USD 90 million in a Series C round in June 2023; the post-money valuation was not disclosed. The round was led by Accel. The raise positions Synthesia among the better-capitalised enterprise AI video companies in Europe.
Synthesia — key deal facts
| Company | Synthesia |
| Founded | 2017 |
| Headquarters | London, United Kingdom |
| Amount raised | USD 90M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series C |
| Investors | Accel (https://www.accel.com/) Alex Wang Amjad Masad FirstMark (https://firstmark.com/) Google Ventures (https://www.gv.com/) Kleiner Perkins nVentures (https://nventures.co.uk/contact-us) Olivier Pomel |
| Sectors | Artificial Intelligence |
Who invested in Synthesia?
The Series C drew participation from Accel, FirstMark, Google Ventures, Kleiner Perkins, and nVentures, alongside notable angel investors Alex Wang, Amjad Masad, and Olivier Pomel. The presence of Google Ventures and Kleiner Perkins alongside specialist AI-focused funds signals strong cross-Atlantic conviction in the enterprise AI video category. The angel roster, which includes founders and operators from adjacent AI and developer-tools sectors, adds strategic depth beyond pure capital.
What does Synthesia do?
Synthesia is an enterprise AI video platform, founded in 2017, that converts text into professional multilingual videos using AI avatars and voice synthesis — removing the need for cameras, studios, or on-screen talent. Its core product suite includes customisable AI avatars, a Copilot feature that transforms documents such as PowerPoint presentations into video, an AI Screen Recorder, and a multilingual video player designed for global content distribution. The company serves more than 60,000 customers, including 90 percent of Fortune 100 companies, and is headquartered in London, United Kingdom, where it operates its global headquarters at Regent's Place. Synthesia was co-founded by Victor Riparbelli, Steffen Tjerrild, Matthias Niessner, and Lourdes Agapito.
Synthesia valuation & multiples
Explore the benchmarks: Series C.
Frequently asked questions
How much did Synthesia raise in its Series C?
Synthesia raised USD 90 million in its Series C round, closed in June 2023.
What is Synthesia's valuation?
Synthesia's valuation was not disclosed in connection with this Series C round.
Who invested in Synthesia?
The round was led by Accel and included FirstMark, Google Ventures, Kleiner Perkins, nVentures, and angel investors Alex Wang, Amjad Masad, and Olivier Pomel.
When was Synthesia founded and where is it based?
Synthesia was founded in 2017 and is headquartered in London, United Kingdom.
Source: original announcement — read the full report.