Funding round
Synthesia Growth
Reported as "Growth Equity"
Synthesia, which works in AI video platform development in London, raised $90M in a Growth round announced on 1 Jun 2023, at a $1.00B post-money valuation. 5 firms took part. It is Synthesia's fourth venture round on record; the one before was a Series B in Dec 2021.
$90M
Amount raised
$1.00B
Post-money valuation
$910M pre-money
5
Investors
no lead named
9.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Synthesia at $1.00B after the new money. The $90M bought investors about 9.0% of the company. It came 18 months after Synthesia's Series B. It is 17% of the $536M Synthesia has raised in the venture rounds on record. Synthesia raised again 19 months later: a Series D round of $180M in Jan 2025, at $2.10B post-money.
Synthesia's funding rounds
Synthesia has 6 venture rounds on record. This one is highlighted.
- Seed 25 Apr 2019, led by LDV Capital $3.1M
- Series A 20 Apr 2021, led by FirstMark $13M
- Series B 8 Dec 2021, led by Kleiner Perkins $50M
- Growth this round 1 Jun 2023 $90M$1.00B post-money
- Series D 14 Jan 2025, led by New Enterprise Associates $180M$2.10B post-money
- Growth 1 Nov 2025, led by GV $200M$4.00B post-money
Investors
Who put money in
5 firms took part; no lead investor was named.
Investors
- Accel backs 581 venture-backed companies new investor
- Nvidia new investor
- Kleiner Perkins backs 285 venture-backed companies new investor
- GV backs 428 venture-backed companies new investor
- FirstMark backs 128 venture-backed companies new investor
Comparable rounds
How it compares
347 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $48M, and this round was 1.9 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 13 Jun 2023 | $300M | $1.00B | Goldman Sachs Asset Management |
| Tech Companies | 8 Jun 2023 | $190M | not disclosed | Bain Capital Tech Opportunities |
| Hostaway Tech Companies | 1 Jun 2023 | $175M | not disclosed | PSG |
| Tech Companies | 1 Jun 2023 | $141M | not disclosed | not named |
| Tech Companies | 6 Jun 2023 | $93M | not disclosed | La Caisse |
| Tech Companies | 1 Jun 2023 | $90M | $540M | not named |
| Tech Companies | 27 Jun 2023 | $60M | not disclosed | DST Global and Radical Ventures |
| Tech Companies | 29 Jun 2023 | $51M | not disclosed | not named |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Synthesia raise in its Growth round?
Synthesia raised $90M in its Growth round, announced in Jun 2023.
Which investors took part in Synthesia's Growth round?
Accel, Nvidia, Kleiner Perkins, GV and FirstMark.
What was Synthesia's valuation at the Growth round?
$1.00B post-money ($910M pre-money).
How does it compare with other Growth rounds in Tech Companies?
347 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $48M, and this round was 1.9 times the median.
Did Synthesia raise again after this round?
Yes: a Series D round in Jan 2025 of $180M at $2.10B post-money.