Company Research Report: Captions

Company Overview

• Name: Captions

• Mission: The company's mission is to empower customers from all backgrounds to effortlessly and effectively communicate their stories or ideas through video creation.

• Founded By: No information is available on the specific founding date or founders.

• Key People:

• Gaurav Misra - Co-Founder and CEO

• Dwight Churchill - Co-Founder and COO

• Headquarters: No information is available on the exact location of the headquarters.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Captions is known for being an AI-powered video creative studio, allowing users to generate and edit engaging videos at scale.

Products

1. Online Video Editor:

• Description: A tool that allows the creation of high-quality videos with ease.

• Key Features: Add subtitles, translate videos, and utilize AI for enhancements.

2. AI Creator:

• Description: A tool designed for generating talking videos using AI.

• Key Features: Supports creating dozens of videos instantly, incorporating AI-generated avatars.

3. AI Edit:

• Description: AI-assisted video editing tool.

• Key Features: Automatic edits with style selections, removal of pauses, audio enhancements, and application of thematic music.

4. Video Translator:

• Description: Tool for dubbing videos into multiple languages.

• Key Features: Supports translation to 29+ languages, maintains lip synchronization.

5. AI Ad Generator:

• Description: Tool for creating video ads using AI.

• Key Features: Generates video ads with one click and curated ad copies.

6. AI Eye Contact:

• Description: Corrects eye contact in videos.

• Key Features: Adjusts eye movements to appear focused on the camera.

Recent Developments

• Funding: Captions raised $60 million in Series C funding to invest in AI video research in New York. The round was led by Index Ventures, with contributions from Kleiner Perkins, Sequoia Capital, and Andreessen Horowitz, as well as new investors like Adobe Ventures, HubSpot Ventures, and Jared Leto.

• Acquisitions: The company acquired AlpacaML to strengthen its AI research arm.

• Leadership Expansion: Captions hired a DeepMind alum to head its AI division, indicating an enhanced focus on AI capabilities.

• Product Launches:

• Social Studio and Ad Studio: Tools launched to automate social media account management and ad creation using AI.

• Free Plan Introduction: Launched a free plan to make video editing accessible to all users.

• Community Engagement: Expanded efforts to grow a community through initiatives like Discord.

In summary, Captions is a technology-driven company that specializes in producing innovative AI-based video editing solutions. With a focus on making video storytelling accessible to everyone, it actively develops new tools and features while seeking growth through strategic investments and partnerships.