AI AVATAR
AI avatars just did what PowerPoint never could
British AI startup Synthesia has raised $200 million in a Series E round, taking its valuation to $4 billion, up from $2.1 billion last year.
The company, which uses AI avatars to create corporate training videos, crossed $100 million in annual recurring revenue in April 2025, with enterprise clients including Bosch, Merck, and SAP.
The round was led by existing investors, alongside new backers joining the cap table.
Alongside the funding, Synthesia is running an employee secondary sale facilitated by Nasdaq. This is not an IPO.
Here’s what you should know:
Valuation doubled after passing $100M in recurring revenue
Employees get liquidity without the company going public
AI agents are now a core part of the product strategy
Not your HR video
The process allows employees to sell shares at the same $4 billion valuation while the company remains private and in control.
Looking ahead, Synthesia plans to expand beyond video and invest more heavily in AI agents.
These agents are designed to help employees interact with company knowledge through conversation, role-play, and tailored explanations.
Early pilots showed stronger engagement than traditional training formats.
AI avatars saving us from yet another lifeless slide deck. Iconic! - MG