Synthesia, a work automation and AI video platform based in London, announced a $200 million Series E funding round led by Google Ventures, with participation from Evantic, Hedosophia, NVentures and Accel, among others, valuing the company at about $4 billion.
According to a company blog post, the new funding positions Synthesia for a significant phase of growth, enabling it to build on its existing AI video platform, which helps companies create engaging video content and teach employees how to work with AI rather than against it, so each employee can focus on more strategic, high-impact tasks.
“We fundamentally believe that business will remain people-first for a very, very long time ... The next few years will redefine how knowledge is shared in the world’s best companies. And with this new round of funding, we have every intention of dramatically improving that experience for our customers,” Victor Riparbelli, CEO of Synthesia, said in a statement.