- PitchBook AI
- Posts
- Hey Gen 🎥
Hey Gen 🎥
Text to Video in Seconds

Hey Gen
Transform Text into Professional Videos
Mapping The Terrain
HeyGen enables turning texts into professional videos using AI-generated avatars and voices, ideal for various applications like content creation, marketing, and e-learning.
It is powering the world's best teams, from innovative startups to established enterprises, simplifying video production and eliminating the need for expensive equipment and complex editing tools.
Users can choose from over 100 AI avatars and 300+ voices in 40+ languages, streamlining video creation with natural lip-syncing capabilities​.
Elevator Pitch
Founded in Los Angeles by Joshua Xu and Wayne Liang, HeyGen revolutionizes video production with generative AI, creating stunning, professional videos in minutes. It offers a unique platform for transforming scripts into natural-sounding words and dynamic videos, making it perfect for businesses seeking cost-effective, engaging video conten​t.
Bulleted version: HeyGen, an innovative AI video generator, transforms scripts into engaging videos using AI avatars and voices, offering over 100 avatars and 300+ voices in 40+ languages, ideal for startups, enterprises, and content creators, making it an indispensable solution for those seeking to create professional, engaging, and cost-effective video content.
Hire a World-Class AI team for 99% Less
Trusted by leading Startups & Influencers

Rather than spend an arm and a leg for an AI developer we offer entrepreneurs a chance to build custom AI tools for just $500-$1500 per Month.
They'll work with you through the discovery and iteration process and figure out where best AI fits into your company processes and culture.
They're proud to be doing this with major leaders across various industries so we'll love to invite you to a "low-pressure" conversation to see if we're a fit for one another.
p.s. mention you came from PitchBook AI to get an exclusive 20% discount on your first project.
The Notes
Industry: AI Video Generation, Digital Media, Technology.
Headquarters: HeyGen is based in Los Angeles, CA, US​​
Year Founded: HeyGen (originally “Movio”) was established in November 2020.
Business Model: Provides AI-powered video generation tools, focusing on simplifying and cost-reducing video production.
Company Type: Private, catering to a global clientele across various sectors including marketing and e-learning.
DYOR
WHAT WE LIKE
Innovative Video Creation: HeyGen excels at creating professional-quality videos with AI, offering a range of applications from product marketing to training video​​.
User-Friendly Interface: Designed for ease of use, suitable for startups, content creators, and educator​.
Customization and Integration: Offers features like custom avatars, generative outfits, and integration with Zapier for enhanced workflow.
POTENTIAL RISKS
Limited Customization: Some customization options, like avatar body language, may be restrictiv​e.
Language Limitations: Voice cloning feature is limited to eight language.
Video Duration: May be limiting for users looking to create longer video.
Today’s Sponsor is: FARE DROP
Save 50% on FareDrop Pro for Black Friday
Looking to travel more in 2024? Us too. That’s why we’re so excited to share FareDrop’s best deal ever for Black Friday. With FareDrop, you can save up to 80% on flight prices with personalized deal alerts from your home airports. The deals will be completely customized to your travel goals, including your preferred destinations, travel availability, budget, and more.
A few of FareDrop’s recent deals have us ready to book our next trip, like Los Angeles to Tokyo for $426, or Miami to Rome for $398!
Right now, if you sign up for FareDrop you’ll receive:
50% off the Pro Plan
A FREE airport t-shirt
A FREE Lonely Planet eBook
And you’ll be entered to win a trip to the Maldives!
That’s a total value of $149 for just $49. This sale won't be around long, so sign up for your Pro plan now!
The Founders
Joshua Xu and Wayne Liang: Co-founders of HeyGen have led the company to develop a platform that significantly saves time and money for businesses in creating video content.
To request an introduction to the founder, respond to this email.
Competitors
Synthesys: Offers AI video generation with a vast library of human-like voices and avatar​s.
DeepBrain AI: Another powerful AI video generator with a range of over 100 avatars and customizable templates​​.
Synthesia: Integrates AI voiceovers with customizable avatars for diverse video content.
Why Hey Gen: HeyGen, a pioneer in AI video generation, offers an intuitive platform that turns scripts into professional videos, featuring user-friendly text-to-speech, custom avatars, and a vast template library. Its generative AI creates high-quality, engaging videos, saving significant time and costs for businesses, educators, and content creators, making it an essential tool for anyone looking to create impactful video content with ease and efficiency.
đź“Ś Bulletin Board
ElevenLabs: Clone your voice with AI. Unleash the power of your voice with the revolutionary voice synthesis platform. Whether you're developing podcasts, audiobooks, or voiceovers, ElevenLabs gives you the tools to bring your projects to life with unparalleled ease and quality.
Surfshark 82% off: Your safer digital everyday. Protecting your connection is key. Surfing the web, you’re exposed to many risks: data breaches, hacking attacks, & snoopers. One solution to fight them all — a VPN.
Incogni: Tired of robocalls and spam? Hundreds of companies are collecting & trading your personal information. Remove your personal data out of data brokers' hands and keep your information secured with Incogni. Stop robocalls, spam, stalkers & identity theft now.
Data Parrot: Help your neighbor store things while you earn money with your unused space. Neighbor is a peer-to-peer storage marketplace that connects people with unused space to people in need of storage.
Inc File: The Easiest Way to Set Up and Manage Your Business
Inc File makes incorporating a company as easy as possible, so you can focus on the important things. Beyond free LLC filing, they have a full suite of startup services (like banking and bookkeeping), which means Incfile not only helps you get started, but supports you in your continued success as your one-stop shop.
*This is sponsored content.
Work With Me
🤖 Create Your AI Clone
📲 Hire Me As an Influencer
👩🏾‍🎤Talk To My AI Twin