About Miro
Miro is a company based in New York (United States) founded in 2011. It operates as a SaaS (Software-as-a-Service), and Freemium. Miro has raised $350.27 million across 8 funding rounds from investors including Atlassian, Goldman Sachs and Accel. The company has 112 employees as of December 31, 2022. Miro has completed 9 acquisitions, including Brand.ai, Dossier Creative and Easee. Miro offers products and services including Innovation Workspace, Online Whiteboard, and Miro AI. Miro operates in a competitive market with competitors including Figma, Lucid, Lucidchart, Mural and Qt Group, among others.
- Headquarter New York, United States
- Employees 112 as on 31 Dec, 2022
- Stage Unicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$944.91 (USD)0as on Dec 31, 2018
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Net Profit
$909.48 (USD)0as on Dec 31, 2018
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EBITDA
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Total Equity Funding
$350.27 M (USD)
in 8 rounds
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Latest Funding Round
$115 M (USD), Series F
Dec 11, 2018
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Investors
Atlassian
& 9 more
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Employee Count
112
as on Dec 31, 2022
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Investments & Acquisitions
Brand.ai
& 8 more
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Products & Services of Miro
Miro offers a comprehensive portfolio of products and services, including Innovation Workspace, Online Whiteboard, and Miro AI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for team collaboration and innovation acceleration.
A tool for visual collaboration and idea mapping.
AI features for automating tasks and enhancing productivity.
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Software Development Team
75 people
Product Management Team
62 people
Leadership Team
59 people
Sales and Marketing
56 people
Human Resources and Administration
27 people
Creative and Marketing Team
27 people
Senior Team
23 people
Data Analysis and Operations Team
17 people
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Funding Insights of Miro
Miro has successfully raised a total of $350.27M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $115 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series F — $115.0M
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First Round
First Round
(27 Dec 2011)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series F - Miro | Valuation | Spark Capital | |
| Sep, 2017 | Amount | Series E - Miro | Valuation | Battery Ventures | |
| Jun, 2016 | Amount | Series D - Miro | Valuation | Iconiq Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Miro
Miro has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Atlassian, Goldman Sachs and Accel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Growth-stage tech investments are targeted in the US and Japan.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Miro
Miro has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Brand.ai, Dossier Creative and Easee. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Software platform is provided for collaboration with designers.
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2017 | ||||
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Animated video creation tools are provided through a drag-and-drop interface.
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2015 | ||||
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Digital brand assets are managed via integrated style guideline software.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Miro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Miro Comparisons
Competitors of Miro
Miro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Figma, Lucid, Lucidchart, Mural and Qt Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Collaborative platform for design prototyping and feedback is provided.
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| domain | founded_year | HQ Location |
Solutions for business visualization, planning, and building are offered.
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| domain | founded_year | HQ Location |
Collaborative web-based diagramming and flowcharting tools are offered.
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| domain | founded_year | HQ Location |
Cloud-based whiteboarding platform is offered for collaborative idea sharing.
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| domain | founded_year | HQ Location |
Cross-platform user interface and application development for desktop and embedded platforms
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Miro
Frequently Asked Questions about Miro
When was Miro founded?
Miro was founded in 2011.
Where is Miro located?
Miro is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Miro?
Michael Shenkman is the current CEO of Miro.
Is Miro a funded company?
Miro is a funded company, having raised a total of $350.27M across 8 funding rounds to date. The company's 1st funding round was a Series D of $55M, raised on Dec 27, 2011.
How many employees does Miro have?
As of Dec 31, 2022, the latest employee count at Miro is 112.
What is the annual revenue of Miro?
Annual revenue of Miro is $944.91 as on Dec 31, 2018.
What does Miro do?
Miro is established as an AI-powered collaboration platform designed to enhance team productivity and innovation. It is utilized by over 100 million users and 250,000 companies worldwide. The platform supports various sectors including product development, UX design, engineering, marketing, IT, and project management. Solutions such as online whiteboards, intelligent canvases, and integrations with tools from Microsoft, Google, and Atlassian are provided. Customizable templates and AI-driven features are offered to streamline workflows and automate repetitive tasks. Collaboration is facilitated through features like live calls, Talktrack recordings, and interactive tools to engage teams effectively.
What products or services does Miro offer?
Miro offers Innovation Workspace, Online Whiteboard, and Miro AI.
How many acquisitions has Miro made?
Miro has made 9 acquisitions, including Brand.ai, Dossier Creative, and Easee.
Who are Miro's investors?
Miro has 10 investors. Key investors include Atlassian, Goldman Sachs, Accel, FirstMark, and Battery Ventures.
What is Miro's valuation?
The valuation of Miro is $1.9B as of Dec 2018.
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