Miro sold for $1.4B. In 2021, it was valued at $17.5B. That is a 92% (!) decrease. Only 2x revenue multiple. Miro has a great business:
• $600M in ARR
• 100M users
• 4M+ paying users
• 90% of revenue from business and enterprise
• $435M in net cash
• profitability
In 2021, Miro had an extreme tailwind narrative. Now it faces an extreme headwind. And narrative is what drives multiples.
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Bending Spoons Historical Milestones
Aug 14, 2026
Bending Spoons hit $704M in Q2 2026 revenue with 126% up YoY$2.8B
⚡ Grew from $1.3B to $2.8B ARR in just 2.2 months (beating 88% of SaaS peers)
Jun 9, 2026
Bending Spoons hit $1.3B ARR with accelerated growth driven by AI$1.3B
AI INSIGHTS
Revenue Growth Projection
Projected ARR in 1 Year
$11.1B
Est. Time to $4.2B
~62 days