June 22, 2023
Min Read

Captions Announces A $25 Million Series B for Our AI-Powered Creative Studio

Captions has raised $25 million in Series B funding led by Kleiner Perkins. This funding builds upon previous investments, including a Seed round and Series A round co-led by Sequoia Capital and Andreessen Horowitz. Investors including 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, and others, also participated in these earlier funding efforts.

Gaurav Misra

There’s never been a more effective way to communicate than a face-to-face conversation. It makes sense then, that with the rise of short form platforms like TikTok and Instagram Reels, talking videos have emerged as an increasingly popular content format for creators with a story to share.

In these videos, creators address the camera directly, broadcasting personal stories, lessons, opinions, or ideas. The effect? Creators generate a sense of authenticity and trust with their viewers, as if having a one-on-one conversation.

Despite the effectiveness of the talking video format, there are still challenges creators face when looking to spread a message in this way. Filming often requires multiple takes, editing videos has traditionally had a high barrier for entry, and creators are often impeded by language barriers, to name just a few hurdles.

Enter Captions, the AI-powered creative studio.

Who we are

Captions offers a revolutionary creative studio that harnesses the power of artificial intelligence to transform the content creation process, for talking videos and beyond. Our goal is to enable anyone, anywhere to produce studio-quality videos with just a few quick taps. 

By offering creators the ability to easily craft engaging and accessible creative material, content creators around the world can expand the reach of their ideas and voices, regardless of editing experience.

Captions automates various aspects of video production, including AI-powered captioning, editing, dubbing, script creation, music integration, and more. This streamlines the video creation process, making it quick and easy for creators to bring their vision to life.

Beloved by millions

Within the first six months on the App Store, Captions witnessed over 100,000 daily active users and more than one million videos created on the platform each month. Since this debut in 2021, more than three million creators worldwide have used Captions to produce studio-quality videos from their mobile devices. 

A new chapter

Today, Captions is thrilled to announce that we’ve raised $25 million in Series B funding in a  round led by Kleiner Perkins, with participation from existing investors Sequoia Capital, Andreessen Horowitz, and SV Angel, among others. Building on earlier rounds, this brings our total capital raised to $40 million. We’re looking forward to using this funding to further upend the content creation landscape and remain humbled by the support of our incredible investors since day one.

With a new look

Our funding announcement is accompanied with the launch of our rebrand, a future-forward yet approachable new look, that we believe properly represents the defining characteristics of Captions. We believe our new visual identity pays tribute to the forward-thinking nature that defines our team, product and creators.

What’s ahead

With new funding, a new look, and tons of new and upcoming features, it feels a bit like a new chapter for us. But our core goal remains the same: launching disruptive and innovative tools that support our global community with creating their greatest work.

Captions’ cutting-edge features involve bringing marketing, engineering, and design altogether into a tightly knit team that operates at the highest level. If you’re interested in joining us, we’re hiring across all functions and are excited to speak with you.  

Gaurav Misra
June 22, 2023
Min Read
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