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Captions raises $60M in Series C funding led by Index Ventures to invest $100M in pioneering AI video research in New York City

PRIVATEJul 09, 2024

Amount Raised

$60 Million

Round Type

Series C

New YorkSoftwareVideoAudio

Investors

Jared LetoHub Spot VenturesAdobe VenturesSequoia CapitalAndreessen HorowitzKleiner PerkinsIndex Ventures

Description

Captions, the leading generative video creation and editing platform, has raised $60 million in Series C funding led by Index Ventures, bringing the total capital raised to $100 million for a valuation of $500 million. The company plans to use this funding to grow their world-class machine learning team and invest further into in-house research efforts and technical infrastructure, positioning Captions to continue pioneering breakthroughs for video technology.

Who else raised in Video and Audio around the same time

Companies in the same sectors as Captions that raised within 45 days of this round, from Fundz verified event records.

  • Ittybit raised $1.9M (Seed) on June 5, 2024.
  • Submix.io raised $1M (Pre-Seed) on June 19, 2024.
  • Regard raised $30M (Series B) on June 10, 2024.
  • Twelve Labs raised $50M (Series A) on June 4, 2024.
  • ESG Now raised $310K (Seed) on August 23, 2024.
  • Trace Machina raised $4.7M (Seed) on August 23, 2024.

Who to call at Captions, and when

A new round usually means Captions is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Captions raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Captions, from your own LinkedIn network

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Company Information

Company

Captions

Location

New York, New York, United States

About

Captions is a revolutionary creative studio that harnesses the power of artificial intelligence to transform the video creation process, enabling users to effortlessly produce studio-grade videos with just a few taps. 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 suite of tools, this full-stack subscription offers avatars, editing, captioning, dubbing, and audio correction, streamlining the entire creative process.

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Captions raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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