Series A · AI & Machine Learning · Budapest, Hungary · Founded 2020 · 80–120 employees
Colossyan is an AI video platform that transforms text and documents into engaging training videos using AI avatars and natural voiceovers. The company raised a record-breaking $22 million Series A in February 2024, marking the largest funding round in Hungarian startup history. Their technology helps companies like Hyatt, P&G, Porsche, and Paramount create professional training content at 70-80% lower costs than traditional video production. Led by 26-year-old CEO Dominik Kovacs, who was named to Forbes 30 Under 30, the company has achieved impressive growth with 600% revenue increase in 2023 and serves over 35,000 business accounts across 46 countries.