Captions is a video-editing and AI research company headquartered in New York City. Their flagship app, Captions, is available on iOS, Android, and Web and offers a suite of tools aimed at streamlining the creation and editing of videos.
| Company type | Private company |
|---|---|
| Industry | Artificial intelligence |
| Founded | 2021 |
| Founders |
|
| Headquarters | New York City, United States |
| Website | captions |
Captions offers features to automate common production tasks including captioning, editing, dubbing, script creation, and music integration.[1][2]
History
editCaptions was co-founded by Gaurav Misra and Dwight Churchill. During Misra's time leading design engineering at Snap Inc., he followed the rise of a new category of video, the "talking video." In 2021, Misra left Snap to found Captions with his former colleague Churchill.[1]
Captions announced in June 2023 that it had raised $25 million in a Series B. The round was led by Silicon Valley venture capital firm Kleiner Perkins, with participation from Andreessen Horowitz, Sequoia Capital, and SV Angel.[3] The funding round valued the startup at $250 million and brought the company's total capital raised to $40 million.
Captions announced in July 2024 that it had raised $60 million in a Series C. The round was led by Index Ventures with participation from Kleiner Perkins, Andreessen Horowitz, Sequoia, Adobe Ventures, HubSpot Ventures, and Jared Leto. The funding round valued the startup at $500 million and brought the company's total capital raised to $100 million.
In 2022, the company additionally released Lipdub, an Al dubbing app which translates any video with spoken audio into 28 languages.[4][5]
Reception
editIn October 2023, Captions shared that it maintained over 100,000 daily active users with "about a million" videos being created monthly.[1][4]
Awards
edit- In 2023, the company was recognized as part of Fast Company's "Next Big Things In Tech" series.[6]
- In 2024, the company won 2 Webby Awards for Best Use of AI & Machine Learning and Creative Production.
References
edit- ^ a b c Shrivastava, Rashi. "Video Editing App Captions Just Raised $25 Million To Bring AI To Creators". Forbes. Retrieved 2024-03-09.
- ^ Caplan, Jeremy. "This app makes it easy to narrate and caption your videos". FastCompany. Retrieved 2024-03-09.
- ^ Franzen, Carl (2023-06-22). "AI video creation app Captions bags $25M from top VCs". VentureBeat. Retrieved 2024-03-09.
- ^ a b Franzen, Carl (2023-10-10). "Video startup Captions launches new AI dubbing app Lipdub with Gen Z slang". VentureBeat. Retrieved 2024-03-09.
- ^ Florian, Amanda (2024-02-09). "When A.I. Bridged a Language Gap, They Fell in Love". The New York Times. ISSN 0362-4331. Retrieved 2024-03-09.
- ^ Newman, Jared. "The 4 next big things in apps for 2023". FastCompany. Retrieved 2024-03-09.