Mural Raises $50M in Series C At $2 Billion Valuation


Mural, a San Francisco, CA-based provider of digital workspaces for guided visual collaboration in the enterprise, raised $50m in Series C funding.

The round, which brought total funding to approximately $200m and values the company in excess of $2 billion, was led by existing investors Insight Partners and Tiger Global. In addition, AthenePartners Founder and former Microsoft SVP and HP COO, Bill Veghte, was appointed as executive chairman of the board of directors. In addition, Qualtrics Founder and Executive Chairman, Ryan Smith, was appointed as an advisor to Mural.

The company plans to use the new capital to further platform development to support hybrid and distributed workforces. This includes new software integrations with Microsoft Teams, Zoom Video Communications, Inc., Webex by Cisco, and Atlassian. The funds will also support programs for Mural’s community of tens of thousands of facilitators, team leaders, and design thinking and Agile experts. These programs will help visual collaboration pioneers—called “Playmakers™️”—share methods, playbooks, and best practices while learning from each other.

Led by CEO Mariano Suarez-Battan, Mural provides a collaboration platform which offers teams in product, consulting, leadership, innovation, technology, sales and customer success, among others, a digital workspace for visual collaboration, as well as methods for ideation and co-creation. Enterprise teams use guided visual collaboration to work together from anywhere.

Customers include global enterprise companies such as IBM, Microsoft, Facebook, Booz Allen Hamilton, Publicis Sapient, SAP, and Atlassian, among others.

The company currently employs over 600 employees across 30 countries globally.