Captions, a New York-based AI-powered creative studio, has successfully raised $25 million in Series B funding, bringing its total capital raised to $40 million
The round was led by Kleiner Perkins, with participation from Sequoia Capital, Andreessen Horowitz, and SV Angel.
The funding will enable the company to further level the playing field for creators by offering the opportunity for anyone, anywhere, to develop and publish studio-grade content with the power of AI.
Captions have introduced a new concept of a one-stop AI-powered creative studio, dedicated to enhancing “talking videos”. Its cutting-edge features streamline the video creation process, making it quick and easy for creators of all skill levels to bring their vision to life with just a few taps.
“Our vision for Captions goes well beyond just video creation. It’s about empowering individuals, regardless of background or experience, by providing them with tools to effectively communicate their ideas or stories,” said Gaurav Misra, co-founder and CEO of Captions. “Video content is undergoing a remarkable transformation, with a major trend towards ‘talking videos’—where creators address the camera directly to share opinions or personal stories. To support this evolution, we have developed user-friendly features that enhance ‘talking videos’ and make creating high-quality content more accessible.”
Company: Captions, LLC.
Round: Series B
Funding Month: June 2023
Lead Investors: Kleiner Perkins
Additional Investors: Sequoia Capital, Andreessen Horowitz, and SV Angel
Company Website: https://www.captions.ai/
Software Category: Creator Platform
About the Company: Founded by Dwight Churchill and Gaurav Misra, Captions is a revolutionary creative studio that harnesses the power of artificial intelligence to transform the content creation process, enabling customers to effortlessly produce studio-quality videos directly from their mobile devices. By empowering every creator to effectively share their stories and ideas, Captions aims to foster a more inclusive and diverse online community. Evolving into a comprehensive creator platform, this iOS-based subscription seamlessly tackles tasks such as captioning, editing, dubbing, script creation, and music integration, streamlining the entire workflow for creators.