“We’ve seen the market evolving over the last 10 years, and what started as an idea to bring a whiteboard into a browser has enabled us to understand the kind of value we can bring to organizations of all sizes.”, Andrey Khusid, CEO. 20 of them bring more than $1 million revenue each year. Among them are almost the whole Fortune 100 list with such companies as Cisco, Dell, Deloitte, HP, etc. Miro’s client base includes more than 30 million users, this number increased from 5 million in 2020.
The company now offers more than 1000 templates to give users the opportunity to work together regardless of where they are. before deciding to invest in shares of our Series A common stock.
Miro, headquartered in Amsterdam and San Francisco, was founded by Andrey Khusid and Oleg Shardin in 2011. If an emerging growth company, indicate by check mark if the registrant has elected. “In our view, Miro’s culture of customer centricity makes it well-positioned to address a myriad of use cases across hybrid work for more than a billion knowledge workers globally.”, said Matthew Jacobson, general partner at Iconiq Growth and Miro board member. The individual investors’ list includes Airtable co-founders Howie Liu and Andrew Ofstad, Snowflake CEO Frank Slootman, and DocuSign CEO Dan Springer. It is an interactive online platform for teamwork, that also can integrate with more than 100 apps such as Google Workspace, Microsoft Teams, Zoom, and others.Īmong investors in the Series C funding round were Iconiq Growth, Accel, Atlassian, Dragoneer, GIC, Salesforce Ventures, and TCV. “The concept from day one was building something for real-time collaboration and the platform thing is very important because we expect that people will build on top of our product,” Khusid told TechCrunch.Miro is an online workspace company that provides its clients with a visual collaboration whiteboarding platform. Miro co-founder and CEO Andrey Khusid said the company planned the platform idea from its earliest days. What’s more, Miro isn’t simply light-weight add-in like you might find built into a collaboration tool like Zoom or Microsoft Teams it’s more of a platform play designed to integrate with many different enterprise tools, much like Slack does for communications. One of the primary complaints about working at home is the inability to sit in the same room with colleagues and brainstorm around a whiteboard. What’s attracting this level of investment is that this is a product made for a moment when workers are forced to stay home. Among the company’s angel investors was basketball star Steph Curry, and Dutch investor Bas Godska, one of the most prolific Western investors in Eastern Europe. Miro has a post-money valuation in the range of 10B+ as of Jan 5, 2022, according to PrivCo. Julien Codorniou and Atlassian are the most recent investors. Some of the companies using Miro include Dell, Cisco, Salesforce, PwC, and EA, with multiple enterprises deploying Miro for thousands of internal users.
Their latest funding was raised on from a Series C round. Because we’re addressing a real need in the market, Miro is profitable and growing, with over 5 million users and 20,000 paying customers, including 80 of the Fortune 100. Today’s investment brings the total raised to around $75 million, according to the company. Miro has raised a total of 476.3M in funding over 4 rounds.
Iconiq Capital led the round with help from Accel and a slew of individual investors. Today, the company announced a hefty $50 million Series B. The makers of a digital whiteboard are seeing usage surge right now as businesses move from the workplace and physical whiteboards. Miro is a company in the right place at the right time.
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