MangoAI

MangoAI is a technology firm focused on enhancing video advertising through advanced reinforcement learning algorithms. Their solutions improve ad targeting and performance by leveraging real-time data analytics. MangoAI is a technology company that develops solutions for video advertising optimization. Founded in 2025, by Nirmal Govind and Vinith Misra, MangoAI was aquired by Canva Pty Ltd.

, a portfolio company of InterWest Partners, Matrix Partners, T Rowe Price, General Catalyst Partners, Shasta Ventures, Quadrant Private Equity, Founders Fund, Bessemer Venture Partners, Greenoaks Capital, Coatue Management, Felicis Ventures, Goldman Sachs Asset Management, 500 Global, Franklin Templeton, Blackbird, Square Peg, Coatue Management, Dragoneer Investment Group, Vayner/RSE, AirTree Ventures, Investible, Five V Capital, HSG, Bond, and Stack Capital Group. MangoAI specializes in developing advanced reinforcement learning algorithms tailored specifically for video advertising. Their core offerings enhance ad targeting and performance by utilizing real-time data analytics to optimize ad placements based on user behavior and engagement metrics. The technology addresses challenges in the digital advertising space, such as inefficient ad spend and low viewer engagement rates, serving a diverse client base including major marketing agencies and brands across various industries, particularly in North America and Europe.

MangoAI's revenue generation model primarily stems from B2B partnerships, where advertising agencies and brands subscribe to their proprietary technology for enhanced ad performance. The company uses tiered subscription plans that provide varying access to its reinforcement learning tools. Subscription packages typically include data analytics dashboards, performance reports, and ongoing support, designed to deliver measurable improvements in ad engagement and campaign efficacy, thereby solidifying ongoing client relationships and driving consistent revenue streams. Following its acquisition by Canva Pty Ltd.

in February 2026, MangoAI plans to integrate motion editing tools and enhance ad and video performance features within Canva's design and marketing products. This acquisition is expected to bolster MangoAI's offerings and expand its reach in the advertising sector. The company aims to leverage the recent funding to further develop its product lineup and target new markets with specific plans not yet disclosed.