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Submagic ARR at $1M in 3 months

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News brief

On 2024/8/19, X reported that Submagic, a US AI video editing tool, achieved USD 1 million in annual recurring revenue within 3 months. The product helps creators quickly generate captioned short videos and has been used by more than 1.4 million users.

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  1. x.com ↗Published Aug 19, 2024
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

2024年8月19日,据X报道,美国AI视频编辑工具Submagic在3个月内实现年经常性收入100万美元。该产品帮助创作者快速生成带字幕的短视频,已有超过140万用户使用。