Mural

Mural — Funding & Company Data

Financial overview and investor data for Mural.

High confidence data Last verified 4 months ago

Founded

2011

Stage

Series c

Total Raised

$195.63M

HQ

San Francisco, California

Team

501-1000

Model

sales-led

Analyst Take

Mural's funding history demonstrates a significant acceleration, mirroring the rapid shift to remote and hybrid work. After operating on minimal seed funding for its first eight years, the company's fundraising ramped up dramatically in 2020. The $23 million Series A was quickly followed by a massive $118 million Series B in the same year, and a $50 million Series C in 2021, which elevated it to a $2 billion valuation.

The investor quality is high, with late-stage growth equity firms like Insight Partners and Tiger Global leading the most recent rounds. This signals a belief in Mural's potential for significant market penetration and long-term growth, particularly within the enterprise segment. The participation of strategic investors like Slack Fund and Google's Gradient Ventures also points to strong product-market fit within the broader collaboration software ecosystem.

Having raised its last round in 2021, Mural is likely operating on that capital. While substantial, the lack of more recent funding could suggest either a move towards profitability and sustainable growth or a more challenging fundraising environment in the post-pandemic market. Given its established position and enterprise focus, the company likely has a multi-year runway. From a competitive standpoint, this funding has allowed Mural to compete aggressively with other major players in the visual collaboration space like Miro. For a potential buyer, the strong funding and high valuation indicate a company that is well-capitalized and likely to be a stable, long-term partner.

Stability

Mural appears to be a stable company with a high likelihood of being around in 2+ years. Its significant funding from reputable investors and its established position in the enterprise market provide a strong foundation.

Growth

Mural experienced hyper-growth during the 2020-2021 period, driven by the widespread adoption of remote work. While the initial explosive growth has likely normalized, the company appears to be in a stable to growing phase, focusing on enterprise adoption and deeper integration into corporate workflows.

For Buyers

For a potential buyer, Mural represents a relatively low-risk choice for a core collaboration tool. The company is well-funded and backed by major investors, reducing the likelihood of service disruption. Committing to Mural for strategic, long-term projects is a reasonable decision based on its financial stability.

Funding Timeline

Series C $50M July 2021

Investors: Insight Partners, Tiger Global

Valuation: $2B

Series B $118M August 2020

Investors: Insight Partners, Tiger Global Management, Slack Fund, World Innovation Lab, Gradient Ventures

Series A $23M January 2020

Investors: Radian Capital, Gradient Ventures, Endeavor Catalyst

Seed $1.35M July 2016

Investors: Alta Ventures, NXTP Labs, Intel Capital, Collaborative Fund

Seed $500K October 2015

Investors: Alta Ventures Mexico

Seed $775K September 2012

Investors: Intel Capital, Alta Ventures Mexico, 500 Global

Notable Investors

Insight Partners Tiger Global Management Gradient Ventures Radian Capital Intel Capital Slack Fund

Sources

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