Mirage boosts Captions with major growth funding
Mirage, the company behind the AI-powered video editing app Captions, has raised $75 million in growth financing from General Catalyst’s Customer Value Fund (CVF). This injection of capital is aimed at accelerating the development of the underlying AI models that make Captions fast, accurate, and easy to use for creators of all sizes.
The funding will let Mirage double down on model research and product improvements, helping the app deliver better captions, smarter edits, and smoother workflows. For creators, marketers, and teams, stronger models mean faster turnarounds, higher-quality captions and edits, and fewer manual fixes—lowering the barrier to producing professional video content.
Why it matters:
- Improved AI models can speed up editing and increase accuracy, saving creators time and effort.
- Better automated captioning boosts accessibility and discoverability for video content.
- Significant growth funding signals investor confidence in the category of AI-powered creative tools, likely spurring further innovation.
Overall, the round is a clear win for creators and the broader creator economy: it brings more resources to a tool designed to simplify and scale video production, and it highlights the growing role of AI in making professional media workflows more accessible.