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Venture Capital News: MURAL Nabs $50M Series C Round

2021-07-20
SAN FRANCISCO, CA, MURAL, the leading provider of digital workspaces for guided visual collaboration in the enterprise, has closed $50 million in Series C funding.
The round was led by existing investors Insight Partners and Tiger Global. Following the company's $118M Series B round in August 2020, this investment brings the company's total funding to approximately $200 million and values the company in excess of $2 billion. AthenePartners Founder and former Microsoft SVP and HP COO, Bill Veghte, was appointed as executive chairman of the Board of Directors. In addition, MURAL announced Qualtrics Founder and Executive Chairman, Ryan Smith, who has been an active investor since the company's Series B, will be advising MURAL's CEO.

MURAL is the leading provider of digital workspaces for guided visual collaboration in the enterprise. Different from online whiteboarding and design software, the MURALĀ® platform transforms teamwork by making meetings and workshops interactive experiences designed for problem solving, play, and imagination. Teams in product, consulting, leadership, innovation, technology, and sales and customer success, among others, collaborate visually with MURAL. They use guided visual methods and Facilitation Superpowers™ features to innovate, strategize, plan, and reflect. The platform makes it possible to deploy at scale templates and playbooks on especially complex, difficult teamwork. Tens of thousands of teams at companies such as IBM, Intuit, Facebook, Publicis Sapient, USAA, SAP, Thoughtworks, and Atlassian, as well as MURAL's other customers, use the platform to foster inclusive, imaginative teamwork and turn shared ideas into a shared reality-at any time and from anywhere. Learn more at www.mural.co.
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