# Colossyan

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/colossyan

- Industry: Software
- Headquarters: London, UK
- Website: www.colossyan.com
- Total disclosed funding: $28M
- Latest round: Series A (Feb 6, 2024)
- Investors on record: 6

## About

Founded in 2020 and based in London, UK, Colossyan Inc. operates as a provider of an (artificial intelligence) AI-enabled video production technology platform that enables users to generate video content. As of 2024, the firm is headed by its CEO Dominik Kovacs, who founded the firm. In February 2024, the firm raised EUR 20.5 million in Series A funding from investor Lakestar, with participation from returning investors Day One Capital, Emerge Education, LAUNCHub, and Oktogon Ventures. Individual investors also participated in the round.

Colossyan’s core product is an AI-powered video platform that transforms text, PDFs, and PowerPoint presentations into high-quality videos. The platform features AI avatars, offers automatic translation into different languages, and includes interactive elements like quizzes, and many more.

Colossyan Inc. generates revenue through its subscription-based model. It charges USD 19 per month for the Starter plan, USD 61 per month for the Pro Plan, and a customized price for the Enterprise plan.

The company plans to use the February 2024 funding to further develop its artificial intelligence product and strengthen its market position.

## Funding rounds

- Series A, Feb 6, 2024, $22M — Day One Capital, Lakestar, LAUNCHub, Emerge Education, Oktogon Ventures
- Series A, Feb 27, 2023, $5M — Day One Capital, LAUNCHub, Emerge Education, Oktogon Ventures, APX
- Seed, Jul 21, 2021, $1.2M — Day One Capital, APX

## Investors

- Day One Capital (https://capitalatlas.ai/funds/day-one-capital) — Seed, Series A
- APX (https://capitalatlas.ai/funds/apx) — Seed, Series A
- LAUNCHub (https://capitalatlas.ai/funds/launchub) — Series A
- Emerge Education (https://capitalatlas.ai/funds/emerge-education) — Series A
- Oktogon Ventures (https://capitalatlas.ai/funds/oktogon-ventures) — Series A
- Lakestar (https://capitalatlas.ai/funds/lakestar) — Series A