Synthesia hits $4B valuation, lets employees cash out

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British startup Synthesia, whose AI platform helps companies create interactive training videos, has raised a $200 million Series E round of funding that brings its valuation to $4 billion — up from $2.1 billion just a year ago.

Unlike some other AI startups that are still a long way from turning a profit, Synthesia has found a lucrative business in transforming corporate training thanks to AI-generated avatars. With enterprise clients including Bosch, Merck, and SAP, the London-based company crossed $100 million in annual recurring revenue (ARR)…



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Synthesia hits $4B valuation, lets employees cash out


British startup Synthesia, whose AI platform helps companies create interactive training videos, has raised a $200 million Series E round of funding that brings its valuation to $4 billion — up from $2.1 billion just a year ago.

Unlike some other AI startups that are still a long way from turning a profit, Synthesia has found a lucrative business in transforming corporate training thanks to AI-generated avatars. With enterprise clients including Bosch, Merck, and SAP, the London-based company crossed $100 million in annual recurring revenue (ARR)…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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