With Miro reaching 30 million users, the new round of financing will value the company at $17.5B
MiroAn online platform that accelerates innovation through visual collaboration, announced that it has completed a $400 million Series C financing. This investment will support Miro’s continued focus on helping organizations and businesses unleash creativity, increase productivity, strengthen collaboration and rapid innovation. As the world shifts to remote and hybrid work, Miro has increased its user base to 30 million and now works with 99% of Fortune 100 companies because they adopt a new, digital-first way of working.
This new capital injection brings Miro’s total capital to US$476 million, with a post-investment valuation of US$17.5B. As a for-profit company, Miro will invest in product development and planning, aiming to bring visual collaboration platforms to more companies and continue to expand its global footprint. Investors in the C round of financing include ICONIQ Growth, Accel, Atlassian, Dragoneer, GIC, Salesforce Ventures and TCV.
Since Miró proposed 50 million USD B series In a financing round in April 2020, the company’s user base increased by 500% (from 5 million to 30 million), and its paying customer base increased by 550% (from 20,000 to 130,000).
Miro is a pioneer in the visual collaboration category. It brings the team together in a shared online workspace that starts with a blank canvas to solve complex problems, design products and services, improve processes, exchange ideas, and The agile way turns them into reality. The platform implements a new way of working, allowing teams to quickly and inclusively create together through more than 100 application integrations and nearly a thousand templates designed to help teams get started quickly—no matter where they are located.
Miro co-founder and CEO Andrey Khusid said: “For more than ten years, Miro’s vision has been to create an infinite canvas for better face-to-face and online collaboration, to help organizations unleash creativity and drive meaningful results. “We believe that our platform is now more important than ever, because organizations around the world are redefining the way they work-looking for new ways to attract teams and eliminate isolated thinking. There are thousands every day. Wan’s organization uses Miro’s platform to use this power to cooperate to cultivate new ideas, solve complex problems, and bring new products to the market. We believe that the “Miro Way” will enable the team to transform imagination into execution, and transform opportunities into The spark of reality.”
Through its advanced collaboration platform, Miro is helping companies, non-profit organizations, and universities deal with complex challenges that may affect millions of people around the world during this critical period of transformation. Miro’s clients use Infinite Canvas to bring much-needed…