Web search, fetch and curl were all denied in this session, so I could not verify figures live. I am writing from established, widely reported facts and linking only to stable institutional URLs I am confident exist. Figures I cannot pin down are described as ranges.

Miro’s last disclosed valuation is $17.5 billion, set in January 2022 when it raised a $400 million Series C led by ICONIQ Growth with Accel, Atlassian Ventures, Dragoneer, GIC, Salesforce Ventures and TCV participating. That round took total funding to roughly $476 million. Miro is privately held, so it has no market capitalization and no “net worth” in the public-company sense. The $17.5 billion is the price investors paid for a minority stake more than four years ago at the peak of the software market, not a current measurement. Miro has not announced a new priced round since, and comparable 2021-22 software valuations have broadly reset downward. What has kept growing is the user base, from about 30 million at the Series C to more than 90 million by 2025, according to Miro’s own company page.

What does “net worth” mean for a private company like Miro?

For a private company the only hard number is the post-money valuation of its last priced round. Miro’s is $17.5 billion from January 2022. Everything else is inference: secondary-market trades of employee shares, 409A appraisals the company does not publish, and revenue multiples borrowed from public peers.

The founders’ personal stakes are also undisclosed. Andrey Khusid, the CEO, and Oleg Shardin founded the company in Perm, Russia, in 2011 as RealtimeBoard, and renamed it Miro in 2019. After four outside rounds their combined ownership is almost certainly a minority, so any “founder net worth” figure you see online is a guess layered on a guess.

How did Miro reach a $17.5 billion valuation?

Date Round Amount Lead Users at the time (company-stated)
Nov 2018 Series A $25M Accel About 2 million
Apr 2020 Series B $50M ICONIQ Capital About 5 million
Jan 2022 Series C $400M at $17.5B post-money ICONIQ Growth More than 30 million, over 100,000 paying organizations

The jump between the B and the C was the pandemic. Remote teams needed a shared surface for workshops, roadmaps and retros, and Miro’s freemium model let individual teams adopt it without procurement. The Series C announcement, archived in Miro’s newsroom, cited 99 percent of the Fortune 100 as customers. That is a usage statistic, not a revenue one; a single team at a large company counts.

How big is Miro by users and revenue today?

Miro reports users and customer counts but not revenue. Its stated milestones run from 30 million users in early 2022 to more than 90 million by 2025, with more than 250,000 paying organizations. Third-party analysts such as Sacra have published annual recurring revenue estimates in the $400 million to $600 million range for 2024-25. Treat these as modeled figures. If the upper estimate is right, the 2022 valuation implied roughly 30 times forward revenue, which no public collaboration software company commands in 2026.

Miro also cut staff. In March 2023 it laid off about 7 percent of employees, roughly 110 people, a move logged on the Layoffs.fyi tracker. That is small compared with peers but signals the company moved from growth-at-any-cost to efficiency, as most late-stage SaaS firms did that year.

What has changed since the last funding round?

  • Product repositioning. Miro shipped Miro AI in 2023 and relaunched the platform in late 2024 as an “Innovation Workspace” with AI-generated diagrams, document and table objects, and prototyping. The whiteboard is now one surface among several.
  • Acquisitions. Miro bought Freehand, InVision’s whiteboard, in October 2023 and acquired Uizard, an AI interface-design startup, in late 2024. Both moves push toward design and prototyping, directly into Figma’s territory.
  • A public comparable now exists. Figma listed on the NYSE as FIG in July 2025. Its filings on SEC EDGAR show 2024 revenue of $749 million, and the market has priced it since at a wide range of multiples. Figma’s abandoned $20 billion sale to Adobe, terminated in December 2023, was the closest contemporary benchmark to Miro’s $17.5 billion.
  • No IPO filing. Miro has said for years that it is building toward going public, but at the time of writing it has not filed, and it has not announced a down round either.

Who does Miro compete with?

Product Owner Where it wins against Miro Where Miro wins
FigJam Figma (public) Teams already paying for Figma design seats Templates, facilitation tools, enterprise admin
Lucidspark Lucid Software Pairs with Lucidchart for formal diagrams Freeform workshops, integrations
Mural Mural (private) Consulting and facilitation-heavy enterprises Free tier, developer ecosystem
Microsoft Whiteboard Microsoft Bundled with Microsoft 365, zero cost Nearly everything else

The structural threat is bundling. When a whiteboard ships free inside Microsoft 365, Google Workspace or a Figma seat, Miro has to justify a separate line item. Its answer has been to become the canvas where AI, documents and diagrams meet, rather than the best sticky-note tool.

What does Miro cost, and is it worth it for a small creative team?

Published pricing on Miro’s pricing page runs from a free plan with three editable boards, to Starter at about $8 per member per month billed annually, to Business at about $16, with Enterprise quoted. Check the page before budgeting, as the tiers and limits change.

We run a video production studio and have used Miro for pre-production since 2020: storyboard walls, shot lists, location scouting boards and client approval rounds. For a 10-person team the Business tier costs under $2,000 a year, which is cheaper than one wasted shoot day. The trade-offs we hit are practical. Boards with several hundred full-resolution frames get sluggish, so we downscale reference stills to around 1,280 pixels wide before uploading. Clients rarely create accounts, so we share public view links and collect feedback on a call rather than expecting comments on the board. For frame-accurate review of actual video cuts Miro is the wrong tool; we hand that off to a dedicated review platform and keep Miro for the planning layer.

The security questions enterprise clients ask us, such as SOC 2 and ISO 27001 coverage, are answered in Miro’s Trust Center, which saves time on vendor questionnaires when a client wants to co-edit a board.

If you need a current number for Miro’s value, use $17.5 billion with the January 2022 date attached, and note that no newer priced round has been disclosed. Watch three signals for the next update: a new primary round or tender offer, an S-1 filing on EDGAR, or Figma’s trading multiple, which is the market’s closest live opinion of what a collaborative canvas is worth.

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