HeyGen

AI Video Generation Platform

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April 26, 2023 How we hit $1M ARR in 7 Months πŸš€

We recently achieved a significant milestone, reaching $1M ARR in just 7 months. At the same time, we've maintained a steady 50% MoM growth for 9 consecutive months (Sep 2022 - present).

We launched on 29th July 2022. It took us 178 days to get to $1m ARR, and 217 days to get to the ramen-profitable state.

We've learned so much from the IndieHackers and #buildinpublic community. As a giveback, I wrote an article on how we did it πŸ”— https://www.heygen.com/article/0-1m-arr-in-7-months

As a small thank you, we can use this thread for AMA. If you need any feedback, have questions about more details, or just want to get to know each other, comment here. Me and my co-founder Wayne will be here all day.

---Joshua, CEO of heygen.com

Comment

January 30, 2023 Please vet our product experience πŸ™‹

Nice to see you guys, Indiehackers always a fab place to exchange the meaningful idea for the product idea, design and growth... so we also want to learn more here.

We've released the product and are now on the topic of growth, I do think feedback from the user journey (product experience) is a base in growth (a product that is not easy to use cannot grow fast)

Our product is a web app called 'Movio' and for now, the key point is to help user create AI human like avatar video by simply text input.

For example, if you run an online store with low-budget, come to Movio then you can create a sales video with digital explainer.
Well, for the startup, you might need a product demo video or promotional video with digital explainer, then Movio is the way to get the video with minutes, not days.

Our web app is here: https://app.movio.la/guest?sid=indiehackers-vio

The above is our positioning and explanation of Movio. I hope to hear from everyone. Any feedback will be appreciated ❀️

1 Comment

  1. 2

    A friend used your services and showed them to us. I loved the idea but there is a bit of a problem. (or at least in my mind) As someone who would need 1-2 videos (1-2 mins) a month max, I don't see a reason to get the monthly plan.
    It will be a starter if there is a credit system, a cheaper plan, or something similar (for people who wouldn't use it that much). I don't see a reason to test it if I find the price too steep for me/my clients and etc.
    I am well aware it is for a low-budget project and that is why I'm writing it, most people wouldn't need that much video a month.

About

At HeyGen, we value great storytelling. So we create HeyGen for anyone who need a digital storyteller for video creation. HeyGen is a web app enables you to turn text into AI spokesperson video with perfect lip-syncing.