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Funding round

Synthesia Series D

Synthesia, which works in AI video platform development in London, raised $180M in a Series D round announced on 14 Jan 2025, led by New Enterprise Associates, at a $2.10B post-money valuation. 7 firms took part, 4 of them already investors. It is Synthesia's fifth venture round on record; the one before was a Growth in Jun 2023.

$180M

Amount raised

$2.10B

Post-money valuation

$1.92B pre-money

7

Investors

1 lead

2.1x

Step-up from the Growth

$1.00B in Jun 2023

8.6%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Synthesia at $2.10B after the new money, 2.1 times the $1.00B of its Growth (Jun 2023). The $180M bought investors about 8.6% of the company. It came 19 months after Synthesia's Growth. It is 34% of the $536M Synthesia has raised in the venture rounds on record. Synthesia raised again 10 months later: a Growth round of $200M in Nov 2025, at $4.00B post-money.

Synthesia's funding rounds

Synthesia has 6 venture rounds on record. This one is highlighted.

  1. Seed 25 Apr 2019, led by LDV Capital $3.1M
  2. Series A 20 Apr 2021, led by FirstMark $13M
  3. Series B 8 Dec 2021, led by Kleiner Perkins $50M
  4. Growth 1 Jun 2023 $90M$1.00B post-money
  5. Series D this round 14 Jan 2025, led by New Enterprise Associates $180M$2.10B post-money
  6. Growth 1 Nov 2025, led by GV $200M$4.00B post-money

Investors

Who put money in

New Enterprise Associates led the round with 6 other firms. New Enterprise Associates, GV, MMC and FirstMark had backed Synthesia before.

Lead investor

Also in the round

  • WiL new investor
  • Atlassian Ventures new investor
  • backs 18 venture-backed companies new investor
  • GV backs 428 venture-backed companies existing investor
  • backs 78 venture-backed companies existing investor
  • FirstMark backs 128 venture-backed companies existing investor

Use of proceeds

What the money is for

According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.

  • Hiring
  • Product development
  • Geographic expansion
  • Sales and marketing
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

104 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.8 times the median. The closest in time, other companies' Series D rounds in Tech Companies:

Series D rounds in Tech Companies, Jan 2024 to Jan 2026: 104 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Tech Companies17 Jan 2025$100M$1.24BQatar Investment Authority
Tech Companies16 Jan 2025$90Mnot disclosedPoint72 Ventures and Point72
Tech Companies22 Jan 2025$30Mnot disclosedJP Investment and 31VENTURES
Tech Companies1 Jan 2025$25Mnot disclosedQumra Capital
Tech Companies1 Jan 2025$11Mnot disclosednot named
Lambda Tech Companies19 Feb 2025$480M$2.50BAndra Capital and SGW
Harvey Tech Companies12 Feb 2025$300M$3.00BSequoia Capital
Abridge Tech Companies17 Feb 2025$250M$2.75BElad Gil and Institutional Venture Partners

Sources

Where this comes from

Reported by 6 sources.

Questions

Frequently asked

How much did Synthesia raise in its Series D round?

Synthesia raised $180M in its Series D round, announced in Jan 2025.

Who led Synthesia's Series D round?

New Enterprise Associates led it, with WiL, Atlassian Ventures, PSP Partners, GV and MMC and 1 more.

What was Synthesia's valuation at the Series D round?

$2.10B post-money ($1.92B pre-money).

How does it compare with other Series D rounds in Tech Companies?

104 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.8 times the median.

Did Synthesia raise again after this round?

Yes: a Growth round in Nov 2025 of $200M at $4.00B post-money.