MURAL, a San Francisco based startup which plans to put digital workspaces and visual collaboration solutions to work for workplaces around the globe, announced new funding.
The startup raised $23 million in Series A funding, led by Radian Capital, with participation from Gradient Ventures (Google’s AI-centered venture group), and Endeavor Catalyst.
“Visual techniques like experience mapping, business model design, program increment (PI) planning and agile retrospectives are now standard, and remote work is the new normal,” said Mariano Suarez-Battan, Co-founder and CEO at MURAL, which was founded in 2011. “On top of that, huge touchscreens are rapidly entering the marketplace, making it easier for teams to collaborate in a digital workspace. This funding will support our aggressive product roadmap to coach customers on how to run better meetings, and keep high levels of enterprise readiness to support global deployments. Greg’s experience building global teams will help us better serve our enterprise customers and improve how we work with consultants supporting brands in their culture transformations, which I’m truly excited about.”
“As enterprise brands recognize the power of design to build better products that enable them to become more customer-centric, we’ve seen huge adoption of visual collaboration techniques like design thinking, lean, and agile,” adds Weston Gaddy, Partner and Co-founder at Radian Capital, which is leading this funding round for MURAL. “The market opportunity for a secure, visual collaboration solution that connects the global distributed workforce has never been greater. MURAL’s product offering drives innovation on behalf of its customers and we see the potential to go even further, where MURAL transforms the modern offices of today.”
MURAL states they have been able to quickly grow on less than $2 million in capital raised and had positive cash-flow for several quarters last year. With its new funding, MURAL will be able to expand its visual collaboration solutions around experience design, agile development and remote work needs, and grow the company’s go-to-market capabilities and product development teams globally, doubling it’s size by the end of this year.
MURAL also adds a new staff member, Greg Kaplan, as its new Chief Revenue Officer. He will oversee global sales and partnerships for the startup.