While most people tend to skim through or multitask during corporate training videos, Colossyan is looking to change that with the help of generative AI technology. By using AI to create workplace learning videos, Colossyan offers users the ability to customize virtual avatars, backdrop settings, and over 70 language translations. This innovative approach aims to make training videos more engaging and efficient, without the need for traditional filming resources.
Founded in 2020 by Dominik Mate Kovacs, Colossyan has already attracted the attention of several well-known brands, such as Novartis, Porsche, and Vodafone, for its unique features like integration with learning management systems and a conversational mode. Despite facing competition in the GenAI video space, Kovacs believes that Colossyan's focus on interactivity and engagement will continue to set it apart from other solutions in the market.
Recently, Colossyan announced a successful funding round of $22 million led by Lakestar, with plans to expand its team and develop new capabilities like branching videos and knowledge checks. This funding will help Colossyan further establish its platform as a scalable and cost-efficient solution for training and development challenges for C-suite and IT department leaders.