Miro Due Diligence
Run due diligence on Miro: get alerts when suppliers change.
United States · miro.com · 26 vendors
Miro is an online collaborative platform and AI innovation workspace that provides an infinite digital canvas for teams. It enables distributed teams to brainstorm, plan, design products, and manage processes, facilitating visual collaboration across different locations and time zones.
Resilience scores
- Digital Sovereignty: 92
- Digital Resilience: 10
- Financial Resilience: 8
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Services catalogue
6 services in catalogue across 3 categories; runs on 26 sub-vendors.
- Verification
- Online Collaborative Whiteboard
- Online Whiteboard / Collaboration
Insights
Last updated 2026-03-03 · revision 6
26 direct vendors, 208 subvendors
Direct vendors by controlling owner country (sample)
- United States: 24
- Australia: 1
- Netherlands: 1
Subvendors by controlling owner country (sample)
- South Korea: 1
- Denmark: 4
- Moldova: 1
Financials
Three-year financials
- 2022: revenue Over $400 million USD
- 2021:
- 2020: revenue Over $100 million USD
Financial Resilience Score: 8/10
Miro demonstrates a high level of financial resilience, underpinned by several key factors: Miro is a leading player in the collaborative online whiteboard market. Its platform has become an indispensable tool for brainstorming, project management, design, and agile workflows, particularly in the era of hybrid and remote work. This strong product-market fit ensures sustained demand. The company secured a massive $400 million USD Series C funding round in January 2022, which valued the company at $17.5 billion USD. This significant capital infusion provides a robust cash reserve, enabling Miro to continue investing heavily in product innovation, market expansion, and talent acquisition without immediate pressure for short-term profitability or additional external financing. The rapid increase in Annual Recurring Revenue (ARR) from over $100 million USD in 2020 to over $400 million USD in 2022 signifies strong customer acquisition, retention, and expansion within its client base. This consistent growth trajectory is a strong indicator of financial health and market acceptance. Miro serves a broad spectrum of customers, from individual users and small teams to large enterprises, including 99% of the Fortune 100 companies. This diversification reduces reliance on any single customer segment and provides a stable, recurring revenue stream, characteristic of a robust SaaS business model. As a Software-as-a-Service (SaaS) provider, Miro benefits from recurring subscription revenues, high gross margins, and a highly scalable operational model. While specific profitability metrics are not public, the high valuation and continued investment suggest a strategic focus on capturing market share and long-term value creation.
Key strengths: Dominant Market Position and Essential Product, Substantial Funding and High Valuation, Impressive Revenue Growth, Diversified and High-Value Customer Base, Scalable SaaS Business Model
Risk factors: Miro operates in a competitive landscape., Economic downturns could potentially impact enterprise software spending.
Revenue by product/service
- Miro online collaborative whiteboard platform: 100%
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