Reforge
2026
Why
AI platform for product teams.
Miro (RealtimeBoard Inc.)
Acquisitions
5
Major Deals Covered
This page covers 5 major deals from 2022 to 2026, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Around | 2022 | Undisclosed | Video-calling startup acquired to add lightweight video collaboration to the Miro canvas. |
| Uizard | 2024 | Undisclosed | AI-powered UI design and prototyping tool acquired to bring AI prototyping into Miro. |
| Reforge | 2026 | Undisclosed | AI platform for product teams. |
| Cardinal | 2024 | Undisclosed | Strategic acquisition. |
| Freehand by InVision | 2023 | Undisclosed | Visual collaboration platform. |
2026
AI platform for product teams.
2024
AI-powered UI design and prototyping tool acquired to bring AI prototyping into Miro.
2024
Strategic acquisition.
2023
Visual collaboration platform.
2022
Video-calling startup acquired to add lightweight video collaboration to the Miro canvas.
After pandemic-era growth slowed, Miro focused on enterprise accounts, cost discipline and AI. It cut about 7% of staff (119 people) in January 2023 and about 275 roles in late 2024, repositioned itself as an 'AI Innovation Workspace', and pushed AI features such as AI-generated diagrams, summaries and canvas-based workflows. Acquisitions of Around (video, 2022) and Uizard (AI design prototyping, 2024) added product capabilities. In 2026 the company chose a sale to Bending Spoons over an IPO.
Miro makes money from software subscriptions. Anyone can use a free plan with a limited number of editable boards; teams then pay per member for Starter and Business plans, and large organizations sign annual Enterprise contracts that add security controls, admin tools, data residency and support. Growth is product-led: boards are shared by link, so invited colleagues become new users and usage spreads inside a company until IT buys a company-wide license. By 2026 nearly 90% of Miro's roughly $600 million in ARR came from business and enterprise customers, and more than 750 customers paid over $100,000 a year. AI features (Miro AI and canvas-based AI workflows) are packaged into paid plans with usage credits.
Miro's notable acquisitions are Around, a video-calling startup, in 2022 and Uizard, an AI-powered UI design and prototyping tool, in 2024. Deal values were not disclosed.
Uizard lets users generate app and web UI mockups with AI, supporting Miro's push into AI-assisted product design and prototyping.
Around brought lightweight video-calling technology that Miro used to add live video to collaboration on the canvas.
Bending Spoons, the Milan-based owner of Evernote, Vimeo, WeTransfer, Eventbrite and Airtable, agreed on September 10, 2026 to buy 100% of Miro for a $1.355 billion enterprise value.
The deal is expected to close in Q4 2026, subject to regulatory approvals and customary conditions.
In August 2022, Miro acquired video conferencing startup Around to embed floating, non-intrusive video bubbles directly into the whiteboard canvas for seamless audio-visual workshops. In 2024, Miro acquired AI-powered wireframing tool Uizard to allow users to instantly convert sketches and text descriptions into editable digital UI prototypes directly on the canvas.
In addition to acquiring specialized startups like Around and Uizard, Miro built the Miro Developer Platform (Miro Live Embed and REST APIs). This ecosystem allows enterprise software developers and independent SaaS vendors to build custom apps and bidirectional whiteboard widgets, further locking enterprise teams into Miro.
Italian software holding company Bending Spoons has a track record of acquiring recognized digital software products (such as Evernote, Meetup, and WeTransfer) and ruthlessly optimizing operational efficiency, subscription pricing, and cash flow generation. Under Bending Spoons, Miro is expected to focus on maximizing enterprise customer retention and expanding AI-assisted collaboration.
Compare corporate acquisition records, deal values, and strategic targets
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