AI video app Captions raises $25 million In Series B funding

Captions, an AI-powered creative studio, announced the company has raised $25 million in Series B funding led by Kleiner Perkins, and other investors including Sequoia Capital, Andreessen Horowitz, and SV Angel also participated, bringing the total capital raised to date to $40 million. The Captions video editing app debuted on the Apple App Store in January 2021. Within six months, the app had 100,000 daily active users and one million videos created monthly on the platform.

“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.”

The Series B funding builds upon earlier investments, including a seed round and a Series A round co-led by Sequoia Capital and Andreessen Horowitz. Investors such as Uncommon Projects, Kevin Systrom, Mike Krieger, Lenny Rachitsky, Julie Zhuo, Antoine Martin, Nico Wittenborn, Jacob Andreou, Ben Rubin, Jaren Glover, Chapter One, 20VC, Ludlow Ventures, among others, also participated in these earlier funding efforts.

“AI is redefining how digital products are created, and Captions has emerged as the leading AI-powered platform for video content. Millions of users have already leveraged it to tell their stories and engage audiences,” said Everett Randle, partner of Kleiner Perkins. “Gaurav and the Captions team have deep empathy for and understanding of creators from their time at Snap that we believe is critical in building within this new era of AI-enabled product development. We’re thrilled to lead Captions’ Series B and support the creation of the AI-powered creative studio.”

The company claims Captions “simplifies and automates various aspects of video production, including captioning, editing, dubbing, script creation, and music integration. This streamlines 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 quick taps.”

Captions offers a range of features designed to ease and enhance the process of developing premium video content, including:

• Al Dubbing: Seamlessly dubs the speaker’s voice into another language, empowering creators to overcome language barriers and reach new audiences.
• AI Shorts: Automatically extracts viral-worthy clips from any long-form video, allowing creators to easily promote long-form content and maximize the value of existing material.
• Al Voiceover: Generates a voiceover indistinguishable from human-voice based on text alone, enabling creators to narrate their videos effortlessly without recording themselves.
• AI Zoom: Automatically incorporates relevant zooms to keep the video captivating and engaging.
• AI Eye Contact: Corrects the subject’s eye contact to give the impression of looking directly at the camera, fostering a more engaging connection with viewers.
• AI Music: Automatically composes royalty-free music tailored to each video.
• AI Images and Emojis: Automatically insert relevant images and emojis into videos, enhancing visual storytelling and audience engagement.