Mirage
Generative AI video creation platform for short-form social and marketing content (formerly Captions)
AI
📍 New York, NY
Founded 2021
Current Valuation
Private
as of 2024-Q3
PRIVATE
Mirage, formerly known as Captions, is a generative-AI video platform focused on creating polished short-form video content from scripts, prompts, or raw footage — including AI avatars and digital twins. Founded in 2021 by ex-Snap product leader Gaurav Misra, the company rebranded from Captions to Mirage in September 2025 alongside a strategic pivot to becoming an AI video research lab. Mirage raised a $60M Series C in July 2024 led by Index Ventures with participation from Kleiner Perkins, Sequoia, and a16z.
Company Profile
Growth
Pivot from creator tool to AI video research lab
Last Round
Series C — $60M (Jul 2024) · Lead: Index Ventures
Founders & Key People
Gaurav MisraDwight Churchill
Investors
Index Ventures · Kleiner Perkins · Sequoia Capital · Andreessen Horowitz
Products
- Mirage AI Studio (AI avatar + digital-twin video generation)
- AI Video Editor (script-to-video, prompt-to-video)
- 30-second AI-generated marketing video tooling
Competitors
Runway · Synthesia · HeyGen · Pika Labs
Generative AIVideo AIAvatarsShort-formMarketing
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q3. Refreshed quarterly.