Mirage, a New York–based AI video company, has secured $75 million in growth financing, bringing its total funding to more than $175 million.
Investors
The funding was from General Catalyst Customer Value Fund, a non-traditional financing vehicle created by General Catalyst. The fund provides startups with non-dilutive capital specifically to fund customer acquisition.
Mirage Use of Funds
The company will use the funds to scale its growth engine, expand into high-growth Asian markets, and invest in product innovation and AI model development.
About Mirage
Mirage is an AI video company that enables professional-quality video creation and editing through natural language. Its flagship platform, Caption, is an AI-powered video editing and creation platform that uses AI to automate the entire video production workflow, from idea to finished output, and is available on iOS and the web. Mirage offers solutions for both individual creators and enterprise clients, enabling professional-quality video creation and editing through natural language. The platform has enabled the creation of over 250 million videos and serves notable customers, including HubSpot, CoreWeave, and King.
Funding Details
Company: NOCAP, Inc. (Mirage)
Raised: $75.0M
Round: Growth Financing
Funding Date: March 2026
Lead Investor: General Catalyst Customer Value Fund
Additional Investors:
Company Website: https://mirage.app/
Software Category: AI Video Platform
Source: https://www.eznewswire.com/newsroom/mirage-growth-financing-general-catalyst-cvf