Mirage
+4%
est. 2Y upside i
Mirage (fka Captions) is the leading AI short-form video company. We’re building full-stack foundation models and products that redefine video creation, production and editing. Over 20 million creators and businesses use Mirage’s products to reach their full creative and commercial potential.
Rank
#1945
Sector
AI Video Creation
Est. Liquidity
~3Y
Data Quality
Data: MediumMirage offers a high-risk, moderate upside opportunity for a job candidate.
Last updated: July 19, 2026
Revenue reaches $81.8M by 2028, and exit multiple expands to 12x due to strong IPO window and category leadership, implying a $982M exit. After estimated 20% dilution, upside is 76%.
Revenue grows to $81.8M with a 8x exit multiple in line with public comps, yielding $654M exit. After 20% dilution, upside of 11%.
Revenue hits $81.8M but multiple compresses to 4x due to intense incumbent competition, implying $327M exit. After dilution, downside -55%; preference stack is not triggered as exit exceeds total funding.
Preference Stack Risk
severeFunding Intensity
35%Total preferred funding of $175M represents 35% of the current $500M valuation, creating a large senior claim on exit proceeds.
Dilution Risk
highWith $75M raised in March 2026 and high burn, another round is likely within 2 years, diluting common shareholders 15-25%.
Secondary Liquidity
noneNo secondary sales have been reported.
Engineering — 6 roles
- Software Engineer, Applied AI · Union Square, New York City
- Software Engineer, Backend · Union Square, New York City
- Software Engineer, Graphics & Media · Union Square, New York City
- +3 more →
Marketing — 3 roles
- Lifecycle Marketing Lead · Union Square, New York City
- Marketing Data Analyst · Union Square, New York City
- Performance Marketing Manager · Union Square, New York City
Operations — 3 roles
- People Operations Manager · Union Square, New York City
- Technical Recruiter · Union Square, New York City
- Technical Sourcer · Union Square, New York City
Data Science — 2 roles
- Data Scientist, Marketing · Union Square, New York City
- Data Scientist, Product · Union Square, New York City
Product — 1 role
- Creative Producer · Union Square, New York City
Last updated: February 22, 2026
Questions to Ask at the Interview
Strategic questions based on Mirage's data — designed to show you've done your homework.
- 1
“How does Mirage plan to differentiate from incumbents like CapCut and Canva?”
- 2
“What is the path to profitability given the high growth investment needed?”
- 3
“What is the typical equity grant size for new hires and the current 409A valuation?”
Community
Valuation Sentiment
Our model estimates +4% upside. What do you think?
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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.