Fundraising Fox

Captions

New York City, US Β· 7 known investors

captions.ai β†—

Captions is an AI video editor that automatically transforms raw footage into fully edited videos with cuts, overlays, captions, and music. It serves content creators, marketers, and video producers who need professional-quality videos without manual editing expertise.

Also known as Captions AI Β· Captions, LLC Β· Mirage

AI & Machine LearningCreator EconomyMedia & Entertainment

Founders & leadership

GMGaurav Misra
Gaurav Misrain𝕏Co-Founder and CEOBefore starting the company in 2021, Gaurav Misra spent five years at Snap Inc. as a software engineer and product designer. He previously held engineering roles at Localytics, Microsoft, and Lattice Engines.
DC
Dwight Churchillin𝕏Co-Founder and COODwight Churchill works on product and operations, having previously been on the product team at Klaviyo and at Goldman Sachs, where he worked on Marcus and Clarity Money. He co-founded the company in 2021 and serves as COO.

Investors Β· 7

Also in the syndicate Β· 1

General Catalyst's Customer Value Fundlead

Funding

SEC filings, press & company announcements

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

Captions is a New York-headquartered company that develops AI-based video creation and editing software delivered through a web application and iOS and Android apps. Its core product takes uploaded or recorded footage and produces a finished video, automatically cutting scenes, adding zooms, B-roll, transitions, music and stylized captions according to a chosen editing style. A chat-based editor lets users describe changes in plain language rather than performing manual timeline edits.

Beyond editing, the platform generates new footage: users can create an "AI twin" from a selfie or select from a library of digital avatars, then use prompts to change outfits, backgrounds and product inserts so the same avatar can appear across multiple videos. Supporting features include automatic captions in stylized fonts, translation and subtitling in 100+ languages, AI dubbing (29 languages per the App Store listing), eye-contact correction, background-noise removal, filler-word and pause trimming, aspect-ratio scaling, hashtag generation, an in-app teleprompter, and generation of royalty-free music and sound effects using multiple underlying models.

The company originally focused on multilingual, context-aware captioning to improve video accessibility and reach, and later broadened into a generative AI video platform centered on customizable AI avatars. Its separate Mirage Studio product was merged into Captions, with Mirage Studio subscribers migrated to Captions online; the iOS listing describes Captions as "Built by Mirage."

Founding story

Gaurav Misra (CEO) and Dwight Churchill (COO) met at Localytics in 2016, later both moved to New York City, and continued exchanging startup ideas around the growing video space. Misra was born in Boston, raised in India, studied computer science at Boston University, and worked at Lattice Engines and Snap, where he led the Design Engineering Team and worked on Snap Map; one source instead describes him as a former Microsoft engineer. Churchill worked as a software developer at Goldman Sachs β€” contributing to the launch of Marcus β€” and at Klaviyo. In early 2021 they launched a prototype 'talking-video' social network that solved the pain of manually transcribing videos and reached the top of the App Store within days while the founders self-funded it at over $10,000 per month.

Business model

Freemium software subscription. The apps are free to download and sign up for, with a limited set of features available at no cost and paid plans required to unlock full capability. The iOS listing notes in-app purchases and tiered plans (for example a Pro plan), with a priority queue that can lengthen processing wait times for Pro users after six AI projects in a month.

Recurring consumer and prosumer subscriptions sold through the web and mobile app stores, plus in-app purchases.

Traction

The company's website cites 20 million current users, 100+ supported languages and 100+ caption styles. The iOS app holds a 4.7 rating across roughly 37,000 ratings and ranked #30 in Photo & Video; the company's Google Play presence is listed under the captions.ai.videoeditor package. Contrary Research reports $100 million in total funding and 114 employees as of February 2025.

Latest developments

Mirage Studio has been merged into Captions, with former Mirage Studio subscribers accessing prior projects and actors through Captions online and gaining access to additional editing features. The product now emphasizes one-tap AI editing across a library of named editing styles, a chat-based editor, and AI twin/AI actor avatar generation with prompt-controlled outfits, backgrounds and product inserts.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned as an AI-native alternative to traditional video editors in a market driven by growth in online video consumption across YouTube, TikTok and Instagram. Contrary Research classified the company as private and at Series C stage as of February 2025, with $100 million total funding and 114 employees.

End-to-end automation in a single app β€” the product claims to produce a fully edited, ready-to-share video in a couple of taps rather than offering discrete manual editing tools β€” combined with prompt-driven editing and reusable personal AI avatars that let users produce on-camera style content without filming.

Technology

AI models for automated video editing that apply editorial decisions to cut scenes, insert B-roll and select sounds; generative avatar and text-to-video models for AI twins and AI actors; speech-related models for transcription, captioning, translation and dubbing; and audio processing for denoising and generative music. The company has stated a focus on next-generation foundation models for generating talking humans, led by a research team under Head of AI Drew Jaegle, with model-training scaling led by former AlpacaML CEO Will Buchwalter.

Go-to-market

Self-serve distribution via the Captions website, Apple App Store and Google Play, with free sign-up converting to paid subscriptions; SEO-oriented feature and use-case landing pages; and press coverage (including a New York Times style section feature) supporting awareness.

Content creators, influencers, marketers and businesses producing short-form social video, video ads, podcast clips, tutorials, product assets and promotional content, including users with no prior video-editing experience.

Geography

Headquartered in New York, NY, with offices at 71 Fifth Avenue in the Union Square area following a 2024 move from SoHo. Products are distributed globally through the web and app stores, with support for 100+ languages; the iOS listing shows the developer as Captions, LLC (US) with 34 supported languages.

History

Founded in February 2021 in New York City. After the initial talking-video app, the founders pivoted to a photo-sharing app that reached 50,000-60,000 daily active users and secured a Series A. The original talking-video app, placed behind a paywall and left unmanaged on Misra's personal Apple account, nonetheless generated $500,000, prompting a strategic pivot back to it with an AI and ML focus on simplifying video creation. A $25 million round was reported in June 2023 with Kleiner Perkins, Sequoia Capital, Andreessen Horowitz and SV Angel among investors. In February 2024 the company leased 15,202 square feet at 71 Fifth Avenue, roughly doubling its office footprint after relocating from SoHo. In November 2024 it hired Drew Jaegle from Google DeepMind as Head of AI and acquired AlpacaML. The Mirage Studio product was subsequently merged into Captions.

Risks & controversies

User reviews on the App Store cite complaints about processing throughput after initial use; the developer confirmed that a priority queue was introduced so Pro-plan users may experience longer video upload wait times after creating six AI projects within a month, which some users characterized as a pricing tactic. The company also operates in a crowded video-editing and AI-captioning market that includes general-purpose tools with similar features.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
AI dubbing languagesJan 202629 languages
AI subtitle languagesJan 202691+
Caption stylesJan 2026100+
Current usersJan 202620,000,000 users
Daily active users of photo-sharing pivot app at Series AJan 202150,000-60,000
EmployeesFeb 2025114 people
Funding stageFeb 2025Series C
HeadcountAug 2026141
IOS App Store category rankJan 2026#30 in Photo & Video
IOS App Store ratingJan 20264.7 out of 5 (37K ratings)
Revenue from unmanaged paywalled talking-video appJan 2021$500K
Supported languages (translation/subtitles)Jan 2026100+
Total fundingFeb 2025$100M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Founder mafia

2 people who came through Captions went on to found or lead other companies.

Competitors Β· 10

by search overlap
Hootsuite2323 shared keywordsHootsuite is a social media management platform that helps organizations manage, analyze, and optimize their social media presence across multiple networks. The company serves businesses of all sizes, from small companies to enterprises, providing tools for social marketing, listening, employee advocacy, and customer service.
VEED2203 shared keywordsVEED is a browser-based video creation and editing platform that turns text prompts and ideas into post-ready videos with captions, music, branding, and export formats for social channels. It serves marketers, founders, and creators worldwide, and also offers developer APIs for video generation, lip sync, subtitles, and background removal.
Canva2138 shared keywordsDesign platform; Blackbird invested when it was just an idea and in every round since.
Kapwing2036 shared keywordsKapwing is a web-based video creation and editing platform designed for marketing teams to produce, repurpose, and scale video content across multiple channels. It provides AI-powered tools for automating tasks like subtitle generation, video repurposing, and content creation, along with collaboration features for team-based workflows.
Descript1624 shared keywordsDescript is a video creation and editing platform that enables marketing and product teams to produce and update video content quickly using text-based editing. The platform serves companies looking to create product videos, sales enablement content, and social media material without requiring specialized production expertise.
Invideo AI1346 shared keywordsinvideo is an AI video platform that enables creative professionals to generate, edit, and collaborate on video content using AI agents that maintain context and consistency across projects without requiring constant user intervention.
PicsArt1338 shared keywordsPicsart offers a command-line interface that provides access to over 130 AI models for generating images, videos, and audio content, integrating tools from leading providers like Flux, Sora, Runway, and ElevenLabs.
OpusClip1190 shared keywordsOpus.pro builds an AI-powered video creation and editing agent that automatically turns long-form video into short clips for social media. It serves content creators and businesses who want to produce short-form video without editing skills.
Oberlo1114 shared keywordsOberlo provides free tools and resources for entrepreneurs to start and grow ecommerce businesses through dropshipping. The platform helps small business owners launch online stores and manage their operations.
Flixier1098 shared keywordsFlixier is a browser-based, AI-powered video editor that generates AI video and images directly in the editing timeline and provides a full editing suite for trimming, voiceovers, subtitles, and effects. It targets individual creators and teams making social videos, demos, and training content, with real-time collaboration and brand kit features.

Companies competing with Captions for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 6

launches, deals, and filings
Jan 2026
Mirage Studio merged into Captions

The company merged its Mirage Studio product into Captions; former Mirage Studio subscribers access existing projects and actors through Captions online.

source β†—

Nov 2024
Acquired AlpacaML

Captions acquired AlpacaML, an AI startup with a rendering engine that transforms visuals into early concept sketches. AlpacaML CEO Will Buchwalter joined as a research engineer leading model training scaling, and several AlpacaML team members joined Captions' product engineering teams.

source β†—

Nov 2024
Drew Jaegle hired as Head of AI

Captions hired Drew Jaegle, formerly a Staff Research Scientist at Google DeepMind who worked on the Perceiver architectures and the Lyria music generation model, as Head of AI to lead development of next-generation foundation models.

source β†—

Feb 2024
Signed 15,202 sq ft lease at 71 Fifth Avenue, New York

Captions signed a three-year lease for 15,202 square feet across the entire sixth floor of 71 Fifth Avenue near Union Square, relocating from a SoHo office and roughly doubling its footprint. Asking rent was $85 per square foot; JLL's Kyle Riker arranged the deal for Captions.

source β†—

Jun 2023
Captions raised $25 million funding round

Commercial Observer reported that Captions raised $25 million in its most recent funding round in June, with investors including Kleiner Perkins, Sequoia Capital, Andreessen Horowitz and SV Angel.

$25M source β†—

Jan 2021
Launch of talking-video prototype app

In early 2021 the founders launched a prototype for a 'talking-video' social network addressing manual video transcription; it reached the top of the App Store within days.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Captions do?
New York-based Captions builds AI software that automatically edits raw footage and generates AI-avatar video for creators and marketers.
Who founded Captions?
Captions was founded by Gaurav Misra.
Who are Captions's investors?
Captions's investors include Chapter One, Sequoia Capital, SV Angel, Andreessen Horowitz, Index Ventures, Kleiner Perkins.
Where is Captions headquartered?
Captions is headquartered in New York City, US.