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To inspire and connect imagination workers globally by providing teams the means, the methods, and the freedom to innovate from anywhere.
Mural is a virtual collaboration platform that caters both to the increasing demand for visual work methods and the shift towards remote working. Functioning more like a team- or business-wide whiteboard than a chat room, it is part of a developing trend away from single-channel platforms like Slack and towards a more integrated collaborative workspace.
Founded in 2011, Mural is an early entrant in an increasingly crowded field which includes rivals such as Gather and Tandem. However it stands out with the flexibility of its approach to multi-functional virtual spaces and range of integrations. This has allowed it to gather a large customer base in a diverse range of companies including IBM, Autodesk and SAP, where it generated a 400% return on investment and higher staff retention for the company.
Mural's founding team were well-equipped to lead the company through its initial stages of development, including multiple funding rounds that grew its valuation beyond $2 billion. However as the company matured it struggled to find its direction and required a change of leadership. Having completed a rebrand and selected Davad Baga (formerly of Lyft) as CEO at the end of 2022, it is poised to continue its growth in a new phase for the company.
Steph
Company Specialist at Welcome to the Jungle
Jul 2021
$50m
SERIES C
Aug 2020
$118m
SERIES B
This company has top investors
David Baga
(CEO, not founder)Was previously CEO at Even and Lightspeed. Before that was Chief Business Officer with Lyft.