Mirage (formerly Captions)
Mirage combines model development with a large consumer creation surface, giving it fast product feedback and substantial media-generation volume.
Capital & commercial trajectory
Funding rounds and reported revenue
Each point matches a dated itemized record below. Funding points show the disclosed amount for that round, not a running total. Revenue remains a separate series and may represent ARR or run-rate rather than audited revenue.
Valuation, debt or credit, acquisition value, and market cap remain distinct records below and are not combined with funding or revenue.
A structured financial history has not been completed for Mirage (formerly Captions).
The profile will not manufacture a chart from incomplete or unsourced figures. Funding rounds, valuation events, debt facilities, and reported revenue must be dated and linked to a public source first.
Current reported signal: Announced $75M in growth financing in March 2026 and reported more than 20M users.
Current snapshot
Lifecycle position
Research
Early research & prototypes
Preview
Limited access & evaluation
Growth
Public access & scaling
Current position
Deployment
Production & at scale
Founded
2021
Watch cadence
Weekly
Last verified
2026-07-22
Focus
AI-native short-form video creation, editing, avatars, and audio generation
Latest move
Rebranded from Captions to Mirage and announced $75M in growth financing in March 2026.
Category and subcategory context
Competitive context
Recent models
Products
Open weights
No
API access
Yes
Watch level
Weekly
Signals
Infrastructure & distribution
Where Mirage (formerly Captions) sits in the AI stack
Model layer
1 tracked model family
Access layer
Managed API
Market layer
Media Models
Public product surface
Stack signals
This section reflects publicly visible product and access signals. Undisclosed GPU, cloud, training, and data-center contracts are not inferred.
Recent coverage of Mirage (formerly Captions)
Recent business and product coverage pulled into the profile so you can see what is happening around the company without leaving the page.