HeyGen
Identity-first AI video platform for generating avatar-led videos, digital twins, video translations, interactive avatars, and agentic video workflows.
August 20261
Aug 11, 2026HeyGen launches HeyGen for Real EstateProduct launch
HeyGen launched an industry package for real-estate professionals with avatar-led market and listing video formats.
June 20265
Jun 25, 2026HeyGen adopted by 85% of the Fortune 100News
HeyGen reported adoption across 85% of Fortune 100 companies.
Jun 25, 2026HeyGen users create 118 million videosNews
HeyGen reported that its community had created more than 118 million videos.
Jun 25, 2026HeyGen reaches 30 million usersUser count
HeyGen reported a community of more than 30 million users across 196 countries.
Jun 25, 2026HeyGen surpasses $200 million ARRRevenue disclosure
HeyGen reported surpassing $200 million in annual recurring revenue, doubling in eight months.
Jun 4, 2026HeyGen releases Avatar V APIAPI update
HeyGen made Avatar V available through its API with directable motion and identity-consistent video generation.
May 20261
May 2026HeyGen releases HyperFramesOpen weights
HeyGen released HyperFrames as an Apache 2.0 open-source framework for agentic, programmatic video creation.
April 20261
Apr 8, 2026HeyGen releases Avatar VModel release
HeyGen released Avatar V, a human-centric avatar model supporting multi-angle consistency, long-form stability, and identity-preserving generation from a 15-second recording.
March 20261
Mar 10, 2026HeyGen integrates with CanvaPartnership
HeyGen and Canva launched an integration for creating AI avatar videos directly inside Canva.
October 20252
Oct 2025HeyGen reaches approximately $100 million ARRRevenue disclosure
HeyGen's later disclosure that ARR doubled to $200 million in eight months implies an approximately $100 million ARR level around October 2025.
Oct 2025HeyGen launches LiveAvatarProduct launch
HeyGen introduced LiveAvatar for hyper-realistic, real-time interactive avatar conversations.
September 20251
Sep 2025HeyGen publicly launches Video AgentProduct launch
HeyGen launched Video Agent to produce complete videos from a prompt, including script, visuals, voiceover, avatars, editing, and delivery.
August 20251
Aug 27, 2025HeyGen releases Avatar IV APIAPI release
HeyGen made Avatar IV available through its API for programmatic talking-video generation.
May 20251
May 2025HeyGen launches Avatar IVModel release
HeyGen launched Avatar IV, an image-to-video avatar model with expressive facial motion, natural lip sync, and hand gestures.
June 20243
Jun 20, 2024HeyGen reaches 40,000 paying business customersUser count
HeyGen reported more than 40,000 paying business customers worldwide.
Jun 20, 2024HeyGen raises $60 million Series AFunding round
HeyGen raised a $60 million Series A led by Benchmark, with participation from Thrive Capital, BOND, and other investors.
Jun 20, 2024HeyGen reaches more than $35 million ARRRevenue disclosure
HeyGen reported growing from $1 million to more than $35 million in annual recurring revenue in just over a year.
November 20231
Nov 29, 2023HeyGen raises $5.6 million funding roundFunding round
HeyGen raised $5.6 million in funding led by Conviction to expand its near-instant avatar and AI video technology.
March 20231
Mar 2023HeyGen reaches $1 million ARRRevenue disclosure
HeyGen reached approximately $1 million in annual recurring revenue seven months after launch.
September 20221
Sep 2022HeyGen launches AI video platformProduct launch
HeyGen, then known as Movio, launched its web application for generating avatar-led videos.
* Market cap / valuation. Company values are AI-attributed: the latest market cap or valuation × the share attributed to AI (100% for pure AI companies). Methodology