HeyGen, a privately owned US-based company founded in 2020, uses generative AI to create videos. Employing approximately 20 people, the company's 2023 revenue was less than $10 million. Its primary offering is a video platform designed to simplify video production through AI-powered tools.
On March 27, 2025, Vyond, an AI video creation platform, announced a partnership with HeyGen to integrate over 1100 new avatar options into Vyond's asset library. HeyGen's AI technology also powers sales training for Copient.ai. Additionally, HeyGen's AI avatars are used in personalized onboarding videos created by Lattice, an AI-powered people platform. Another source notes HeyGen's AI-native video platform, which was founded by Carnegie Mellon University alumni, has over 20 million users and tens of millions in revenue in under a year, and was recognized as the #1 Fastest Growing Software Product by G2 in 2025.
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