Bending Spoons to buy collaboration tools maker Miro for $1.36B, 90% less than its 2022 valuation
ThinkingNews Desk · how this was written
Bending Spoons has agreed to acquire Miro, a collaboration-tools maker, for about $1.355 billion. The deal values Miro roughly 90% lower than its 2022 valuation. The purchase follows a similar acquisition by Airtable a few weeks earlier.
Written from all 3 reports below, not from any single one.
How it was reported
- Hacker News·Bending Spoons buying Miro for $1.355B
Bending Spoons will acquire Miro for an enterprise value of $1.355 billion, equivalent to about $1.79 billion in equity value after deducting Miro’s net cash. The all-cash transaction includes a $295 million reinvestment by select Miro shareholders into newly issued Bending Spoons equity. Closing is expected in Q4 2026, subject to regulatory approval. Miro, generating roughly $600 million in annual recurring revenue, serves nearly 4 million paying users across 250 000 organizations and will operate independently until the deal completes.
- TechCrunch·Bending Spoons to buy collaboration tools maker Miro for $1.36B, 90% less than its 2022 valuation
Bending Spoons will buy Miro for $1.36 billion in cash, valuing the company at $1.79 billion, a 92% decline from its $17.5 billion 2021 valuation. Miro generates over $600 million in annual recurring revenue, 90% from enterprise clients, and holds $435 million in net cash while remaining profitable. The acquisition follows workforce cuts of 119 employees in February 2023 and 275 in October 2024 amid falling SaaS multiples.
- The Next Web·Bending Spoons agrees to buy Miro for $1.355bn, weeks after Airtable
Bending Spoons has agreed to acquire Miro in an all-cash transaction valued at $1.355 billion. The Milan-based company, led by CEO Luca Ferrari, highlighted that more than 250,000 organizations have integrated Miro into their workflows. The deal marks a significant expansion for Bending Spoons into the online collaboration market.
Related stories
- Bending Spoons is buying Airtable for $1.285bn: “We’re committed for the long run”4 outlets
- Vimeo owner Bending Spoons raised $1.68B by selling 58M shares at $29 each, valuing it at ~$18.4B, in one of the largest US IPOs by a European company in 2026 (Subrat Patnaik/Bloomberg)3 outlets
- Bending Spoons laid off almost everybody at Vimeo yesterday4 outlets
- New York-based AI marketing startup Profound raised a $180M Series D led by Sequoia and Kleiner Perkins at a $1.8B valuation, taking its total funding to $335M+ (Rebecca Torrence/Bloomberg)3 outlets