# Synthesia revenue, valuation & funding

Markdown copy of https://realalpha.app/companies/synthesia/ on Real Alpha, the best minutes from long interviews with the people building AI. Cite and link the page, not this copy.

Synthesia was valued at $4B in its Series E in January 2026. Accounts reported in October 2026 show revenue of $113.2M for 2025, up 94 percent on 2024. It's a private company and hasn't stated an IPO plan.

Checked Nov 8, 2026

## At a glance

- Valuation: $4B at its Series E in January 2026, when it raised $200M led by GV.
- Revenue: $113.2M for 2025, up 94 percent from 2024, per accounts reported in October 2026.
- Status: private. No stock ticker and no stated IPO plan.
- Founded: 2017, by Lourdes Agapito, Matthias Niessner, Victor Riparbelli and Steffen Tjerrild.
- CEO: Victor Riparbelli, a co-founder.
- Headquarters: London.
- Investors: GV, NEA, Accel, Kleiner Perkins, FirstMark and Adobe Ventures, among others.
- Products: the Synthesia AI avatar video platform, with AI Dubbing, interactive video agents and Courses.

## Is Synthesia public? Can you buy its stock?

No. Synthesia is a private company, so its shares don't trade on any stock exchange and it has no ticker symbol. Wikipedia lists it as private.

Synthesia hasn't given a date for going public, and no IPO filing has been reported.

With its Series E in January 2026, it said it would run an employee secondary sale with [Nasdaq](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work) at the same $4B valuation. A sale like this lets staff sell some of their shares privately.

In 2025 it held talks with Adobe about being bought for about $3bn, [Sifted](https://sifted.eu/articles/synthesia-acquisition-offer) wrote, citing The Information. Synthesia rejected the offer, according to The Times. It had also held sale talks with [Meta](https://realalpha.app/companies/#meta) earlier that year.

Its shares are held by its founders, staff and investors. This page reports facts and gives no investment advice.

## Valuation, round by round

Its valuation went from $2.1B in January 2025 to $4B in January 2026, almost doubling in a year.

- Jan 2026 · $4B · $200M · Google Ventures (GV) · [Synthesia's blog](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work)
- Jan 2025 · $2.1B · $180M · — · [TechCrunch](https://techcrunch.com/2025/01/14/synthesia-snaps-up-180m-on-a-2-1b-valuation-for-its-b2b-ai-video-platform)

Sacra lists a $90M Series C at a $1B valuation in June 2023, led by Accel and NVentures, but no primary report confirms it. Adobe Ventures invested in April 2025 for an undisclosed amount.

## Revenue

Accounts filed at Companies House show revenue of $113.2M for 2025, up 94 percent from $58.3M in 2024, per [Telecompaper](https://www.telecompaper.com/news/synthesia-revenue-grows-94-to-usd-1132-million-in-2025--1585077). Its yearly run rate passed $100M in April 2025 and was reported above $150M by October.

- Feb 2026 · $140M · Estimate · [Sacra](https://sacra.com/c/synthesia/)
- Oct 2025 · $150M+ · Reported · [Sifted](https://sifted.eu/articles/synthesia-acquisition-offer)
- Sep 2025 · $146M · Estimate · [Sacra](https://sacra.com/c/synthesia/)
- Apr 2025 · $100M · Company · [Synthesia's blog](https://www.synthesia.io/post/100-million-revenue-adobe-investment)

A run rate is a month's revenue times twelve. It isn't a year's audited revenue. Sacra's figures are estimates, including its projection of $200M in revenue for 2026.

## How Synthesia makes money

Synthesia sells subscriptions to its AI video platform. It runs a business software model with tiered pricing, according to [Sacra](https://sacra.com/c/synthesia/), mixing self-service plans with enterprise contracts.

- **Plans.** Its pricing page lists Basic, Starter, Creator and Enterprise plans. · [Synthesia](https://www.synthesia.io/pricing)
- **Starter.** It costs $19 a month after a first month at $9. Basic is free. · [Synthesia](https://www.synthesia.io/pricing)
- **Credits.** One shared pool of credits pays for all its usage-based AI features. · [Synthesia](https://www.synthesia.io/pricing)
- **Enterprise.** Sacra estimates that 70% of revenue comes from enterprise deals. · [Sacra](https://sacra.com/c/synthesia/)
- **Margins.** Sacra estimates gross margins in the 70 to 80% range, below the 85% or more of pure software. · [Sacra](https://sacra.com/c/synthesia/)

## Products

Synthesia turns text into videos presented by AI avatars. Its [site](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work) lists more than 230 avatars and more than 140 languages.

- **AI video assistant** (January 2024). It turns text into video. · [Wikipedia](https://en.wikipedia.org/wiki/Synthesia_(company))
- **AI Dubbing** (July 2025). It localizes a video into more than 30 languages with lip-sync. · [Sacra](https://sacra.com/c/synthesia/)
- **Generative Assets** (July 2025). Built on Google Veo 3, it lets enterprise users make AI video and image assets inside the platform. · [Sacra](https://sacra.com/c/synthesia/)
- **Synthesia 3.0** (October 2025). It added interactive video agents that talk with viewers in real time, inside the video. · [Sacra](https://sacra.com/c/synthesia/)
- **Courses.** A product for putting together learning programs with several modules. · [Sacra](https://sacra.com/c/synthesia/)

## Customers

Synthesia sells mostly to companies. Its [homepage](https://www.synthesia.io) says it is trusted by over 90% of Fortune 100 companies.

- **Businesses.** Sacra says it serves over 65,000 businesses, and counts 70% of the FTSE 100 as customers. · [Sacra](https://sacra.com/c/synthesia/)
- **Germany.** Sacra puts 95% of the DAX 40 among its customers. · [Sacra](https://sacra.com/c/synthesia/)
- **Named customers.** Sacra lists Bosch, Merck and SAP. · [Sacra](https://sacra.com/c/synthesia/)
- **Personal avatars.** By June 2025, 150,000 people among its 65,000 customers had made AI avatars of themselves. · [Wikipedia](https://en.wikipedia.org/wiki/Synthesia_(company))
- **Users.** Its site says it has over 2M users. · [Synthesia's blog](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work)

## Leadership

Sacra estimates Synthesia has about 600 employees, up roughly 40% over the past year.

- **Victor Riparbelli,** co-founder and CEO. · [Synthesia's blog](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work)
- **Peter Hill,** CTO since January 2025. He spent 25 years at Amazon before joining. · [Wikipedia](https://en.wikipedia.org/wiki/Synthesia_(company))
- **Lourdes Agapito, Matthias Niessner and Steffen Tjerrild,** who co-founded the company with Riparbelli in 2017. · [Wikipedia](https://en.wikipedia.org/wiki/Synthesia_(company))

## Who owns Synthesia?

Its founders, staff and investors. As a private company it doesn't publish who holds what, and no stake has been disclosed.

- **GV** led the $200M Series E in January 2026. It was already an investor. · [Synthesia's blog](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work)
- **Adobe Ventures** made a strategic investment of undisclosed size in April 2025. · [Tech.eu](https://tech.eu/2025/04/15/synthesia-scores-adobe-investment-as-hits-100m-in-arr/)
- **NEA, Accel, Kleiner Perkins and FirstMark** are on Sacra's list of key investors, with Evantic, Hedosophia, NVentures, Air Street Capital, PSP Growth, MMC Ventures and Atlassian Ventures. · [Sacra](https://sacra.com/c/synthesia/)

## Competitors

Sacra names several companies that make AI avatar video for businesses.

- **[HeyGen](https://realalpha.app/companies/heygen/),** the fastest-growing threat in Sacra's view, with an estimated $95M ARR in September 2025. · [Sacra](https://sacra.com/c/synthesia/)
- **Colossyan,** which aims a similar avatar video platform at corporate learning teams. · [Sacra](https://sacra.com/c/synthesia/)
- **Hour One,** with a virtual human platform for businesses. · [Sacra](https://sacra.com/c/synthesia/)

## Timeline and latest news

- Oct 8, 2026 · Filed accounts showed 2025 revenue of $113.2M, up 94 percent on 2024. · [Telecompaper](https://www.telecompaper.com/news/synthesia-revenue-grows-94-to-usd-1132-million-in-2025--1585077)
- Jan 26, 2026 · Raised a $200M Series E at a $4B valuation, led by GV. · [Synthesia's blog](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work)
- Jan 26, 2026 · Said it would run an employee secondary sale with Nasdaq at $4B. · [Synthesia's blog](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work)
- Oct 2025 · Sale talks with Adobe at about $3bn were reported. Synthesia rejected the offer. · [Sifted](https://sifted.eu/articles/synthesia-acquisition-offer)
- Oct 2025 · Launched Synthesia 3.0 with interactive video agents. · [Sacra](https://sacra.com/c/synthesia/)
- Oct 2025 · Its run rate was reported above $150M. · [Sifted](https://sifted.eu/articles/synthesia-acquisition-offer)
- Jul 2025 · Launched AI Dubbing in more than 30 languages. · [Sacra](https://sacra.com/c/synthesia/)
- Apr 15, 2025 · Said its run rate had passed $100M. · [Synthesia's blog](https://www.synthesia.io/post/100-million-revenue-adobe-investment)
- Apr 15, 2025 · Adobe Ventures made a strategic investment of undisclosed size. · [Tech.eu](https://tech.eu/2025/04/15/synthesia-scores-adobe-investment-as-hits-100m-in-arr/)
- Jan 15, 2025 · Closed a $180M Series D at a $2.1B valuation. · [TechCrunch](https://techcrunch.com/2025/01/14/synthesia-snaps-up-180m-on-a-2-1b-valuation-for-its-b2b-ai-video-platform)
- Jan 2025 · Peter Hill joined as CTO after 25 years at Amazon. · [Wikipedia](https://en.wikipedia.org/wiki/Synthesia_(company))
- Jan 2024 · Launched its AI video assistant, which turns text into video. · [Wikipedia](https://en.wikipedia.org/wiki/Synthesia_(company))

## Legal matters

No lawsuits or regulator actions against Synthesia have been reported. The main dispute has been over misuse of its avatars.

- **Dan Dewhirst.** The actor signed with Synthesia in 2021 and later found his likeness in videos linked to Venezuela's state. In February 2024 Synthesia said it had improved its misuse detection. · [Wikipedia](https://en.wikipedia.org/wiki/Synthesia_(company))

## Questions people ask

### Is Synthesia a public company? Can I buy Synthesia stock?

No. Synthesia is private and has no ticker, so its shares aren't sold on any exchange. In January 2026 it ran an employee secondary sale with Nasdaq at a $4B valuation.

### When will Synthesia IPO?

It hasn't announced a plan or a date to go public, and no filing has been reported.

### Who owns Synthesia?

Its founders, staff and investors, including GV, NEA, Accel, Kleiner Perkins and Adobe Ventures. Stakes haven't been disclosed.

### Who is the CEO of Synthesia?

Victor Riparbelli, one of its co-founders, according to [Synthesia](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work).

### Who founded Synthesia?

Lourdes Agapito, Matthias Niessner, Victor Riparbelli and Steffen Tjerrild, in 2017.

### How much is Synthesia worth?

$4B at its Series E in January 2026, per [Synthesia](https://www.synthesia.io/post/series-e-200-million-4-billion-valuation-future-work). It was valued at $2.1B a year earlier.

### How much revenue does Synthesia make?

$113.2M in 2025, up 94 percent from $58.3M in 2024, per [Telecompaper](https://www.telecompaper.com/news/synthesia-revenue-grows-94-to-usd-1132-million-in-2025--1585077). Sacra estimates it is on track for $200M in 2026.

### Is Synthesia profitable?

No. Its accounts show a pre-tax loss of $69.9M for 2025, against $59.2M in 2024, per [Telecompaper](https://www.telecompaper.com/news/synthesia-revenue-grows-94-to-usd-1132-million-in-2025--1585077).

### How does Synthesia make money?

Subscriptions. Plans run from a free Basic tier to Starter at $19 a month and Enterprise contracts. Sacra estimates 70% of revenue comes from enterprise deals.

### Who are Synthesia's competitors?

HeyGen, Colossyan and Hour One, according to Sacra.

## How this page is sourced

Each figure links to the filing, company statement or news report it came from, with its date. Run rates are what reporters were told, not audited results; estimates and unconfirmed reports are marked. Quotes are what each person said on the record, with the minute they said it.