COMPANY INFO
Captions, Inc. is a software development company founded in 2021 by Gaurav Misra (CEO) and Dwight Churchill (COO). The company, headquartered in New York, NY, has around 101 employees and operates in the AI-powered creative studio industry, specializing in video creation and editing platforms. Captions offers AI-driven tools for generating and editing talking videos, including features like AI Avatar Generator, voice cloning, and speech-to-text captioning, aimed at making professional-quality video accessible to creators of all skill levels. Their website is https://www.captions.ai/.
Captions, Inc. is a leading software development company founded in 2021 by Gaurav Misra and Dwight Churchill. Headquartered in New York, NY, Captions, Inc. operates within the artificial intelligence industry and specializes in providing AI-powered video creation and editing tools. Their innovative platform enables creators of all skill levels to generate, edit, and enhance talking videos with features such as AI Avatar Generator, voice cloning, and speech-to-text captioning. With over 100 employees and a rapidly growing user base, Captions, Inc. is focused on democratizing professional-quality video production through cutting-edge AI technology.
Captions, Inc. funding history is notable for both its pace and caliber of backers, reflecting a robust and strategic approach to venture growth. To date, Captions, Inc. has raised a total of $100 million across four rounds, partnering with premier global investors to fuel its expansion. The company has prioritized product development in its early stages, shifting focus in later rounds to international market expansion and product enhancement at scale. Key milestones include their significant $60M Series C funding at a $500M valuation in July 2024, underscoring strong investor confidence and positioning Captions, Inc. as a major player in the AI-powered creative studio space. The diverse and high-profile group of Captions, Inc. investors has been instrumental in each funding round, driving both strategic direction and market visibility.
The Series C round raised $60 million, led by Index Ventures, and valued Captions, Inc. at $500 million. This capital infusion is earmarked for late-stage growth, broadening market reach, and significant product enhancements within the competitive AI-driven video technology landscape.
Captions, Inc. secured $25 million in Series B funding, with Kleiner Perkins as lead investor. The primary goals for this round were to expand the AI-powered creative studio platform and rapidly scale user acquisition, supporting robust growth in both features and global reach.
In its seed round, Captions, Inc. obtained $15 million from investors including a16z (Andreessen Horowitz) and Sequoia Capital. The funds were directed toward the initial launch, core product development, and laying the foundation for Captions, Inc. venture capital strategy.
A renowned global venture capital firm, Index Ventures led the $60M Series C round in July 2024. Their investment and expertise are crucial in driving the late-stage growth, market scale, and product innovation at Captions, Inc.
One of the most respected VC firms in technology, Kleiner Perkins headed the $25M Series B round. They have played a key role in guiding Captions, Inc. investment strategy as the company transitioned to a high-growth phase and broadened its AI studio offering.
Sequoia Capital is a leading venture capital investor known for early-stage tech backing. As a seed round investor, Sequoia helped lay the groundwork for rapid development and Captions, Inc. funding success.
A top Silicon Valley venture capital fund, a16z backed Captions, Inc. at seed stage, supporting the company’s vision for accessible, AI-powered video tools from its inception.
As the venture arm of Adobe, Adobe Ventures brings deep domain expertise in creative and digital media. Their involvement strengthens Captions, Inc. investors’ portfolio and provides synergies with industry-leading creative platforms.
By investing in Captions, Inc., HubSpot Ventures demonstrates confidence in the company's SaaS and AI-driven video market capabilities, contributing to expansion efforts and go-to-market strategies.
SV Angel is a well-known seed fund that invests in innovative tech startups. Their support reinforced early momentum for Captions, Inc. funding rounds.
Actor, entrepreneur, and investor, Jared Leto adds not only capital but also celebrity visibility to Captions, Inc. funding journey, enhancing brand presence and market credibility.
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