What is Mirage?
Mirage, formerly known as Captions, is at the forefront of AI-driven video creation and editing. Headquartered in New York City, the company develops foundational AI models that enable instant video generation via text prompts. Its flagship Captions app, available across multiple platforms, empowers users to create and edit videos with ease. For professional and brand applications, Mirage Studio allows for the effortless production of short advertisements by generating complete video content, including realistic AI avatars with natural speech and movement, from simple audio inputs. The company's proprietary models are uniquely trained on the fast-paced language of social video, positioning Mirage as a pioneer in this rapidly evolving domain.
How much funding has Mirage raised?
Mirage has raised a total of $75M across 1 funding round:
Private Equity
$75M
Private Equity (2026): $75M with participation from General Catalyst
Key Investors in Mirage
General Catalyst
General Catalyst is a venture capital firm that identifies and supports transformational business opportunities across multiple sectors and stages, backing entrepreneurs with ambitious visions to reshape industries. They provide strategic capital and operational support to accelerate growth and build enduring enterprises.
What's next for Mirage?
With this major enterprise-level funding, Mirage is poised to further accelerate its research and development in foundational AI models for video. The strategic investment will likely fuel the expansion of its product offerings, enhancing capabilities for both individual creators and enterprise clients. Expect Mirage to continue pushing the boundaries of AI in content production, potentially exploring new applications for its technology and solidifying its market leadership in AI-powered video generation and editing solutions.
See full Mirage company page
