What is Miro?
Miro operates an online, infinite canvas platform designed to foster creativity and accelerate innovation among teams. Co-headquartered in San Francisco and Amsterdam, the company was founded in 2011 by Andrey Khusid and Oleg Shardin. Its platform enables teams to conduct engaging workshops and meetings, design products, brainstorm ideas, and more, positioning it as a critical tool for remote and hybrid work environments. Miro's enterprise-level solutions cater to a wide array of industries, facilitating seamless collaboration and project management.
How much funding has Miro raised?
Miro has raised a total of $475M across 3 funding rounds:
Series A
$25M
Series B
$50M
Series C
$400M
Series A (2018): $25M with participation from Accel
Series B (2020): $50M led by Accel and Iconiq Capital
Series C (2022): $400M supported by TCV, GIC, Accel, Atlassian, ICONIQ Growth, Salesforce Ventures, and Dragoneer
Key Investors in Miro
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs. Accel aims to be the first partner for teams looking to scale and succeed in their respective markets. Their services are tailored to meet the needs of startups and growing businesses.
Iconiq Capital
ICONIQ Capital is a privately-held investment firm. It provides financial advisory and family office services and manages direct investments with a focus on technology growth equity, venture capital, middle market buyout, and real estate. The company was incorporated in 2011 and is based in San Francisco, California.
GIC
Founded in 1981, GIC is a sovereign wealth fund. This company manages Singapore's foreign reserves. They work to secure the country's financial future by investing across a range of asset classes in both the public & private markets. GIC is headquartered in Singapore.
What's next for Miro?
The substantial enterprise-level funding, particularly the recent major strategic investment, signals Miro's readiness for accelerated scaling and market expansion. This capital infusion is likely to be directed towards enhancing product development, expanding its global sales and marketing efforts, and potentially pursuing strategic acquisitions. With a clear trajectory from its early seed rounds to its current growth stage, Miro is well-positioned to further solidify its leadership in the visual collaboration market and capitalize on the increasing demand for digital transformation tools.
See full Miro company page