Fundraising Fox

Colossyan

London, GB · Founded 2020 · 78 employees on LinkedIn · 12 known investors

Colossyan is an AI video platform that converts expert knowledge into personalized training and enablement videos without editing or production expertise. It serves learning and development teams at companies, with customers including J&J, Cisco, and Paramount.

Also known as Colossyan Creator

Founders & leadership

Colossyan was founded in 2020 by Dominik Mate Kovacs.

DMDominik Mate Kovacs
Dominik Mate KovacsinFounder

Investors · 12

Also in the syndicate · 4

Akos KapuiAPXLaunchubMikal Hallstrup

Company profile

researched Aug 2026

Colossyan operates an AI video and course-authoring platform aimed at workplace learning, training and enablement. Users start from a document, PDF, slide deck, URL or text prompt, and AI agents — branded Cora — draft content scene by scene; the user edits and approves each scene before rendering. Output includes videos delivered by AI avatars with text-to-speech narration and lip sync, structured courses, and interactive elements such as multiple-choice quizzes, knowledge checks, branching scenarios and clickable action buttons. The platform offers 300+ stock or custom avatars, voices in 100+ languages, brand controls for logo and colors, automatic translation, a media library and screen recorder, collaboration and workspace management, and analytics on engagement and completion. Finished content can be published to an LMS via SCORM, exported as MP4 or shared by link.

Stated use cases span onboarding and HR, compliance and information-security training, sales enablement, product explainers and internal upskilling. Enterprise features listed include SOC 2 Type II audited controls, GDPR compliance, SAML single sign-on with role-based access, and a policy that customer content is not used to train the company's models. A conversation mode allows multiple avatars to interact in a scene. The company also markets "Colossyan Learn" for full courses and is developing NEO 2 avatars, Editor 3.0 and conversational AI avatars.

Founding story

Founded in 2020 by Zoltan Kovacs, Kristof Szabo and Dominik Mate Kovacs, who had previously worked on Defudger, an AI tool for detecting manipulated and synthetic media; that experience shaped the founders' focus on applying generative AI to knowledge sharing. The company describes its origin as a question about whether there was an easier way to create videos, with founder and CEO Dominik Mate Kovacs setting out to make video content more accessible for learning teams.

Business model

B2B software-as-a-service. Colossyan sells a self-serve subscription plan (advertised as live in under 10 minutes, cancellable at any time, and including NEO 2 avatars, 100+ languages, SCORM export and Colossyan Learn) alongside an enterprise plan sold through a sales-assisted demo process with pricing discussed on the call.

Subscription plans covering self-serve and enterprise tiers, entered via a free plan and a 14-day free trial of the editor requiring no credit card.

Traction

The company reports 26,000+ customers across six continents, 61% more new accounts in 2024, 84% growth in US business accounts, and 600% growth in the year preceding the February 2024 Series A, when it said it served thousands of companies. Customer-reported outcomes include roughly 90% video production cost reduction, 80% faster video production, AmeriSave doubling training output, AFNB reducing video creation from weeks to days, and Sonesta cutting video production costs by 80%.

Latest developments

The company is promoting a new AI video generator powered by its Cora agent, with AI agents that draft videos and full courses from documents, decks or prompts, and a "keep it current" auto-updating capability marked coming soon. Ongoing investment areas named are NEO 2 avatars, Editor 3.0 and conversational AI avatars. Recent news items include the Red Dot Design Award (September 2025), Fosway 9-Grid recognition (March 2025) and a post on supporting access to knowledge in Ukraine (February 2026).

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself as a full training-and-enablement platform rather than a single-purpose AI video generator, arguing that most AI video tools stop at video creation while it also covers course structure, interactivity, localization and delivery. It cites a Leader placement on G2, recognition on the 2025 Fosway 9-Grid for Digital Learning, and a Red Dot Design Award.

Combines AI drafting with human approval — nothing renders until the user approves each scene — and bundles authoring, video generation, course building, interactivity, translation and LMS delivery in a single workflow rather than as separate tools. Additional differentiators cited are 300+ avatars including custom avatars, 100+ language localization from one source, SCORM export with engagement and completion analytics, and enterprise security controls (SOC 2 Type II, GDPR, SAML SSO, no model training on customer content).

Technology

Generative AI video generation combining text-to-speech voices with human-like AI avatars and realistic lip syncing; users input scripts that the TTS engine reads aloud across supported languages, enabling multilingual output from one source. AI agents draft videos and course structures from uploaded source material, with automatic translation, avatar gestures, custom/instant avatars, and interactive layers such as quizzes and branching. Delivery integrations include SCORM packaging for LMS platforms and MP4 export.

Go-to-market

Dual motion: product-led self-serve signup with a free tier and 14-day trial, plus an enterprise sales track built around a 30-minute guided demo qualified by company size and country. Supporting content marketing includes a blog, webinars, product changelog, a video learning center, a help center and a YouTube channel, with customer testimonials and quantified case results used as proof points.

Enterprise and mid-market learning & development, HR, compliance, information security and sales enablement teams training employees, partners and customers; named customers include Johnson & Johnson, Cisco, Paramount, Ericsson, Continental, Novartis, Vodafone, Hewlett Packard, BASF, BMW and Porsche, plus DSV, HOYA, Sonesta, AmeriSave, Mentor Group, HIIT Training and the State of New Mexico.

Geography

Offices listed by the company in Budapest, Hungary (HQ) and London, United Kingdom; Wikipedia lists headquarters as New York, London and Budapest and describes the company as established in Denmark. Customers span six continents, and content can be localized into 100+ languages.

History

Wikipedia records the company as established in Denmark in 2020, with the video generation platform launched in early 2021; the company's own press page states it was founded in 2020 in London. It raised €1 million in seed funding in July 2021, a $5 million Series A in 2023 led by Launchub Ventures, and $22 million in February 2024 led by Lakestar, bringing total funding to $27 million per the company. Product milestones since include interactive quizzes and adaptive learning paths, Gestures, Editor 3.0, Colossyan Learn courses, NEO 2 avatars and the Cora AI agent. It won the Red Dot Design Award in September 2025 and was recognized on the 2025 Fosway 9-Grid for Digital Learning.

Risks & controversies

Sources give conflicting accounts of the company's origin and headquarters (Denmark, London, Budapest and New York) and of the 2023 round's currency and size ($5 million versus £4 million as reported by UKTN), and of language coverage (70+, 80+ and 100+ languages appear in different materials). The founding team's prior work on deepfake detection places the company in the synthetic-media space, where one customer review notes an initial learning curve with the product.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
AI avatars availableJan 2026300 avatars
Customer-reported video production cost savingFeb 202490%
CustomersJan 202626,000 customers
Growth in new accountsJan 202461%
Growth in US business accountsJan 202484%
Languages supportedJan 2026100 languages
Total funding raised to dateJan 2026$27M
Year-over-year growthFeb 2024600%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Synthesia916 shared keywordsSynthesia is an AI video platform that lets businesses generate videos with AI avatars and agents, aimed at helping organizations train, onboard, and upskill employees. It also offers skill development products and visual communication tools for enterprise use.
VEED862 shared keywordsVEED is a browser-based video creation and editing platform that turns text prompts and ideas into post-ready videos with captions, music, branding, and export formats for social channels. It serves marketers, founders, and creators worldwide, and also offers developer APIs for video generation, lip sync, subtitles, and background removal.
Canva823 shared keywordsDesign platform; Blackbird invested when it was just an idea and in every round since.
Invideo AI684 shared keywordsinvideo is an AI video platform that enables creative professionals to generate, edit, and collaborate on video content using AI agents that maintain context and consistency across projects without requiring constant user intervention.
Kapwing606 shared keywordsKapwing is a web-based video creation and editing platform designed for marketing teams to produce, repurpose, and scale video content across multiple channels. It provides AI-powered tools for automating tasks like subtitle generation, video repurposing, and content creation, along with collaboration features for team-based workflows.
HeyGen591 shared keywordsHeyGen is an AI video generation and dubbing platform that allows users to create and localize videos by writing scripts and selecting AI-generated voices, eliminating the need for cameras, actors, and traditional production resources. The platform serves businesses and content creators seeking to produce high-quality multilingual video content at scale.
ElevenLabs395 shared keywordsElevenLabs is an AI research and product company that builds voice generation and audio processing platforms for creating human-like voice interactions with technology. The company serves individuals with accessibility needs, nonprofits, and general users across healthcare, education, and culture.
Speechify381 shared keywordsSpeechify is a text-to-speech application that converts written content—including textbooks, PDFs, emails, and web pages—into audio for users to listen to. The platform serves students and professionals with reading difficulties, particularly those with dyslexia and ADHD, enabling them to access educational and professional materials through audio.
Descript333 shared keywordsDescript is a video creation and editing platform that enables marketing and product teams to produce and update video content quickly using text-based editing. The platform serves companies looking to create product videos, sales enablement content, and social media material without requiring specialized production expertise.
PicsArt302 shared keywordsPicsart offers a command-line tool that generates images, video, and audio from the terminal, providing access to 130+ AI models across the three media types. The CLI can be integrated into shells, CI pipelines, or Dockerfiles for developers and creators.

Companies competing with Colossyan for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 8

launches, deals, and filings
Feb 2026
Initiative supporting access to knowledge in Ukraine

Post by CEO Dominik Kovacs announcing support for access to knowledge in Ukraine.

source ↗

Sep 2025
Won the Red Dot Design Award

Colossyan announced it won the Red Dot Design Award for product design.

source ↗

Mar 2025
Recognized on 2025 Fosway 9-Grid for Digital Learning

source ↗

Feb 2024
$22 million Series A led by Lakestar

Raised $22 million led by new investor Lakestar with existing backers Launchub, Day One Capital and Emerge Education, to expand product, customer success and community teams and fund Gestures, Editor 3.0, improved lip-sync and interactive learning features.

$22M source ↗

Jan 2024
Founder named to Forbes 30 Under 30 Europe — Technology

Founder and CEO Dominik Mate Kovacs recognized on the Forbes 30 Under 30 Europe Technology list in 2024.

source ↗

Jan 2023
$5 million Series A

Raised $5 million in a Series A led by Launchub Ventures, with Emerge Education and existing investors Day One Capital, Oktogon Ventures and APX.

$5M source ↗

Jul 2021
€1 million seed round

Secured €1 million in seed funding from Day One Capital, Oktogon Ventures, APX (backed by Axel Springer and Porsche) and angel investors Mikal Hallstrup and Akos Kapui.

source ↗

Jan 2021
Video generation platform launched

Colossyan launched its AI video generation platform in early 2021.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Colossyan do?
Colossyan is an AI video platform that turns documents and prompts into avatar-led training videos and courses.
Who founded Colossyan?
Colossyan was founded by Dominik Mate Kovacs in 2020.
Who are Colossyan's investors?
Colossyan's investors include Charlotte Street Capital, Day One Capital, Emerge, Emerge Education, Heartfelt Capital, HEARTFELT_, Oktogon Ventures, LAUNCHub Ventures.
Where is Colossyan headquartered?
Colossyan is headquartered in London, GB.