Mural Closes a $118M Series B Round

Mural, a San Francisco, CA-based digital workspace for visual collaboration in the enterprise, raised $118m in Series B funding. The round was led by Insight Partners with participation from Tiger Global, Slack Fund, World Innovation Lab, and existing investor Gradient Ventures. Numerous other investors participated in the funding, including Ryan Smith, CEO and co-founder of Qualtrics; Bill Veghte, CEO of AthenePartners, former Microsoft SVP and former HP COO; and Allison Pickens, former COO of Gainsight.

“Imagination at work is key to innovation. The visual methods made popular to collaborate on ideas are here to guide us,” said Mariano Suarez-Battan, MURAL’s co-founder and CEO. “Early adopters in some of the largest organizations in the world realized that they don’t need to be in the same room to turn imagination into innovation through visual collaboration. They now feel comfortable doing product strategy, improving processes, and engaging customers remotely. Today, everybody else is rushing to develop this level of remote work fluency. With this funding and the expansion of our team, we are ready to support teams all over the world in their journey.”

Mural provides enterprise teams and consulting leaders with a visual collaboration platform to generate common understanding and solve problems. It is a digital workspace for product strategy and planning, research and design collaboration, facilitated workshops that use agile and design thinking methodologies, and sales and consulting engagements.

Read more: Mural Closes a $118M Series B Round