Bending Spoons agreed on 10 September to acquire Miro, the online whiteboard and collaboration platform, at an enterprise value of $1.355bn.
Market context
It is Bending Spoons' second billion-dollar deal in about a week, after Airtable, and its first since listing on Nasdaq in July. Miro has around $600m of annual recurring revenue but was valued at $17.5bn in 2022, illustrating how far private software valuations have fallen.
