Giyst

What Giyst does

Giyst is an AI-powered video summarization platform that converts long-form video and audio content into concise, editable highlight summaries, transcripts, and multilingual captions. The product operates on proprietary machine learning models and natural language processing pipelines, with patented summarization technology approved in both the United Kingdom and the United States. The platform supports configurable summary lengths (10%, 20%, and snippet formats), transcription, automatic captions in more than 40 languages, and a text-based video editor that lets users refine output without re-rendering source media.

Giyst operates a tiered SaaS business model with three published price points — Starter at €149 per month, Growth at €499 per month, and a custom Enterprise tier — and is delivered via an AWS-hosted, Stripe-billed stack. The company serves marketing teams, event organizers, corporate internal communications, learning and development teams, educational institutions, and webinar hosts, with named reference customers including Nordic Business Forum and MAP Digital's MetaMeetings product. Geographically, Giyst's commercial footprint spans the UK, continental Europe, and the United States.

The company was founded in 2022 as a spin-out from University College Dublin and is headquartered in Cork, Ireland, operating with a small team of 1-10 employees led by CEO and co-founder Avril Power alongside co-founder Colm Murphy, with Dr Ricardo Simon Carbajo serving as CTO advisor and David Kennedy as CFO advisor. Seed funding of approximately $560,018 from Enterprise Ireland was closed in August 2024.

Name

Giyst

Legal name

Giyst

Website

https://giyst.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Giyst is an AI-powered SaaS platform that automatically summarizes long-form video and audio into highlights, transcripts, and multilingual captions for marketing teams, event organizers, and corporate communications functions. It is a UCD spin-out based in Cork, Ireland.

Ownership category

akta.pro rank

Product category

AI Video Summarization Software

NAICS

Software Publishers (513210), Postproduction Services and Other Motion Picture and Video Industries (51219)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Content-Aware/AI Media Processing (Per-Title Encode, Scene Detection) (MPAHAHAH)

akta.pro secondary industry

Short-Form Video Publishing, Scheduling & Cross-Posting Tools (MPACAHAF)

Keywords

• AI video summarization
• Video transcription software
• Multilingual video captions
• Video content automation
• AI video processing

Headquarters

HQ city

Cork

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Revenue model

1. SaaS Subscription - Starter: Monthly or annual subscription tier for small teams starting with video content summarization. Includes 2 hours of video processing per month, 5 users, automatic summaries, captions, and transcripts.
2. SaaS Subscription - Growth: Enhanced tier with 6 hours of video per month, 15 users, account manager, and option to edit automatically generated summary videos. Represents land-and-expand upsell opportunity.
3. SaaS Subscription - Enterprise: Custom enterprise tier with flexible hours, unlimited user accounts, and dedicated support. Tailored pricing based on customer needs.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Giyst provides an AI-powered video summarization platform that transforms long-form video content into bite-size summaries, snippets, transcripts, and multilingual captions, targeting organizations that produce or distribute video at volume.

Product overview

Giyst is a single unified AI-powered video summarization platform that transforms long-form video footage into multiple content formats. The core Giyst platform processes uploaded videos to automatically generate summaries at configurable lengths (10%, 20%, and snippet formats), fully edited video clips, accurate transcripts, and multilingual closed captions in 40+ languages. The platform is offered through three subscription tiers (Starter at €149/month for 2 hours and 5 users, Growth at €499/month for 6 hours and 15 users with editing capabilities, and Enterprise for custom requirements), with each tier building on the previous to provide progressively more capacity and features including a text-based video editor for fine-tuning AI-generated outputs.

Differentiator

Problem solved

Functional benefit

Products and services

• Giyst AI Video Summarization Platform

Quantifiable outcome

• Saves over 50% of editorial team time on video snippet generation
• +2 more outcomes

Named customers2 records

Segments6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Amazon Web Services (AWS)coreTechnology or IntegrationAWS provides hosting and data storage infrastructure for the Giyst AI Video Summary Platform. AWS is a critical technology infrastructure partner enabling the cloud-based SaaS delivery of the video processing platform.
• StripecoreTechnology or IntegrationStripe manages online payment processing for the Giyst platform, enabling subscription billing for Starter, Growth, and Enterprise tiers.
• University College Dublin (UCD)coreStrategic or Co-development PartnerGiyst is a spin-out from University College Dublin. This represents the company's academic origin and ongoing connection to university research, providing credibility and research foundation for AI development.

Scale indicators1 record

Recent moves7 records

Expansion highlights6 records

Direct peers

• Opus Clip: AI-powered tool that auto-clips long videos into short-form social content. Directly competes with Giyst in repurposing long-form footage into engaging short snippets for marketing teams and creators.
• Munch: AI-driven video repurposing platform that extracts shareable clips from long-form content. Targets the same marketer/event-organizer use case as Giyst with AI-driven highlight generation.
• Pictory: SaaS platform that turns long-form video and scripts into short, branded clips using AI. Closely aligned with Giyst's core summarization and short-form generation workflow.
• Lumen5: AI video creation platform that converts text/articles into short videos. Overlaps with Giyst in automated content-to-video workflows aimed at marketing teams.

Broad incumbents

• Descript: Broader audio/video editing platform with AI transcription, text-based editing, and clip generation. Larger, more general-purpose incumbent that overlaps with Giyst's transcript and text-based editor capabilities.
• VEED: Online video editing platform with AI features including auto-subtitles, translation, and short-clip tools. A broader incumbent serving creators and marketers with overlapping video-editing capabilities.
• Kapwing: Collaborative online video editor with AI-powered features for subtitles, clipping, and repurposing. Targets the same creator/marketing segment as Giyst but with a much broader editing feature set.
• Adobe (Express / Premiere): Established creative software incumbent that has integrated AI video editing and generation features across Premiere and Express. Represents the most significant long-term competitive threat to niche AI summarization tools like Giyst.

Emerging players

• Riverside.fm: Recording and editing platform for podcasts and video that has added AI-powered clip generation. Adjacent to Giyst for webinar/event organizers repurposing recorded sessions into social content.
• Snapcut.ai: Early-stage AI tool that automatically generates short viral clips from long-form video. Direct functional overlap with Giyst's snippet generation use case, focused on social-media creators.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/giyst_ai
• LinkedInlinkedin.com/company/giyst

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Giyst