Colossyan

In the dynamic world of Learning and Development (L&D), the demand for innovative solutions is soaring higher than ever before. Colossyan, a pioneering company, has stepped into the arena with a groundbreaking offering that's reshaping the landscape of corporate education and communication. Welcome to a new era where text transforms into dynamic video effortlessly – welcome to the world of Colossyan!

Transforming L&D with Text-to-Video

Unlocking the Power of Text-to-Video

In a realm where information is king, Colossyan emerges as a powerful ally for Learning and Development professionals. The company introduces the concept of text-to-video digital avatars, a game-changing innovation that bridges the gap between text and visual content.

Meeting a Growing Market

The L&D Market's Remarkable Growth

With the L&D market witnessing substantial growth, the figures tell a compelling story. Valued at $345.56 billion in 2021, it is projected to surge to $493.32 billion by 2028. The pandemic accelerated the demand for self-serve video solutions across various corporate domains such as communication, onboarding, sales enablement, and compliance.

Seizing the Text-to-Video Opportunity

Harnessing the Power of Video for Learning

Today, shorter attention spans and a generational preference for video in L&D have opened a significant window of opportunity for text-to-video solutions. Colossyan has stepped up to answer this call.

Securing Series A Funding

A Bright Future with a $5 Million Investment

Colossyan's vision and potential have garnered significant attention. The company recently announced the successful closure of a $5 million Series A funding round, led by Central & Eastern Europe VC investors, LAUNCHub Ventures, and backed by London-based L&D specialists, Emerge Education. Existing investors Day One Capital, Oktogon Ventures, and APX have also joined the journey.

A Competitive Edge

Why Colossyan Stands Out

In the competitive text-to-video space, Colossyan faces its primary rival, Synthesia. However, it's Colossyan that is receiving rave reviews and enjoying unprecedented momentum. What sets Colossyan apart? The answer lies in its ability to provide convincing lip-syncing and its exclusive focus on the needs of L&D creators.

A Choice for Corporate Giants

Preferred by Industry Leaders

Major corporations like Proctor & Gamble and Hewlett-Packard have chosen Colossyan over Synthesia, recognizing the tailored solutions it offers for Learning and Development.

The Colossyan Advantage

A Winning Formula for Success

Colossyan's success isn't merely a matter of chance. Its agility, customer-centric approach, and acclaimed customer support combine to provide an edge over competitors. Moreover, the offering includes a full range of features available for exploration via a hassle-free free trial, with no credit card required.

Streamlining L&D Efforts

Efficiency and Cost Savings for L&D Professionals

Colossyan's technology is a game-changer, reducing video production and localization time from weeks to under 30 minutes. This not only saves time but also thousands of dollars per video for educators and corporate L&D teams.

Clientele and Growth

Trusted by Global Corporations

With an impressive clientele including P&G, HPE, BMW, and BASF, Colossyan serves over 400 customers across 46 countries. Colossyan Creator, launched in May 2022, has quickly become a prominent player in the L&D text-to-video solutions market, experiencing substantial month-to-month revenue growth of over 30%.

Future Prospects

Investing in a Bright Tomorrow

The Series A funding will fuel Colossyan's growth. It plans to expand its world-class engineering and AI research teams while growing its commercial functions in London and New York. Key hires in sales, marketing, and enhancing the customer success team will be central to this expansion.

A Journey of Innovation

From Content Detection to Content Creation

Colossyan's journey is a testament to the spirit of innovation. Initially named "Defudger" in 2018 to detect AI-generated content, the company pivoted when it recognized the potential of its technology to directly enhance AI-generated content. Positive feedback on early prototypes propelled the shift to content creation full-time.

Strong Endorsements

Confidence in Colossyan's Growth

Key stakeholders, including Jan Lynn-Matern from Emerge Education and Stanislav Sirakov from LAUNCHub Ventures, express strong confidence in Colossyan's growth and success. They emphasize Colossyan's potential to redefine professional efficiency through Generative AI.

Conclusion:

Colossyan has emerged as the technological leader in the text-to-video space, offering an innovative solution that addresses the resource and budgetary challenges brought about by the surge in demand for training videos during COVID-19. As the world moves toward a future where text transforms seamlessly into engaging video content, Colossyan is at the forefront, reshaping the way professionals work efficiently through Generative AI. This is a journey that promises to redefine the future of learning and development.