**Higgsfield Hits $1.3B Valuation After Raking In $80M in New Funding**
I just learned that Higgsfield, the AI video tech startup co-founded by former Snap exec Alex Mashrabov, has just secured a whopping $80 million in additional funding, bringing its Series A round to a total of $130 million. And with that, the company has reached a valuation of $1.3 billion. Yes, you read that right – $1.3 billion!
For those who might be new to the game, Higgsfield offers a software that lets users create and edit AI-generated videos with a super polished, pro finish. Think TikTok-style clips, but without the amateur hour vibe. And it’s not just for individual creators, either – Higgsfield’s tools are actually used by professional social media marketers, which is a pretty strong indicator that the platform’s adoption is going mainstream.
In just 5 short months since launching its software, Higgsfield has seen some seriously impressive growth. The company now boasts over 15 million users and has raked in a whopping $200 million in annual revenue – a figure that’s doubling in just TWO months. That’s gotta be music to the ears of investors, right?
Some of the bigger-name companies that Higgsfield is being compared to include Lovable, Cursor, OpenAI, Slack, and Zoom. Not bad company to be in!
Of course, as with any AI-powered tool, there’s always the risk of misuse. Just last month, Higgsfield was used to create a video that depicted individuals mentioned in the Epstein files alongside fictional characters on a trip to Epstein’s island… not exactly the most tasteful use of the platform.
On the other hand, Higgsfield’s users have shared some truly mind-blowing projects showcasing their creativity and skill in a range of styles and genres. It’s clear that Higgsfield is empowering creators to think outside the box and push the boundaries of what’s possible with AI-generated video content.
So what’s next for Higgsfield? With this latest funding round, the company is set to continue its rapid growth and expansion. And with a valuation of $1.3 billion, it’s clear that investors are taking notice. Accel, AI Capital Partners, Menlo Ventures, and GFT Ventures are all on board as part of the latest funding round.
Will Higgsfield’s valuation continue to rise? Only time will tell. But one thing’s for sure: AI-generated video content is here to stay, and Higgsfield is at the forefront of the trend.
Want to give Higgsfield’s AI video software a try? Check it out and see what it can do!
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