Mural raises $23M Series A after history of capital-efficient growth

Mural raises $23M Series A after history of capital-efficient growth

4 years ago
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https://techcrunch.com/2020/01/27/mural-raises-23m-series-a-after-history-of-capital-efficient-growth/

This morning Mural, a software startup focused on visual collaboration1, announced that it closed a $23 million Series A round of capital. The funds come after MURAL, formerly Mural.ly, had raised just a few million dollars previously. That fact made its round interesting: How did the company raise ten times its prior total in one round, and why did it pursue so much money in a single shot?

TechCrunch chatted with the company’s CEO Mariano Suarez-Battan and Weston Gaddy, the round’s lead investor hailing from Radian Capital, to better understand the investment. Endeavor Catalyst and Google’s Gradient Ventures also put money into the round.

Mural raises $23M Series A after history of capital-efficient growth

Jan 27, 2020, 4:42pm UTC
https://techcrunch.com/2020/01/27/mural-raises-23m-series-a-after-history-of-capital-efficient-growth/ > This morning Mural, a software startup focused on visual collaboration1, announced that it closed a $23 million Series A round of capital. The funds come after MURAL, formerly Mural.ly, had raised just a few million dollars previously. That fact made its round interesting: How did the company raise ten times its prior total in one round, and why did it pursue so much money in a single shot? > TechCrunch chatted with the company’s CEO Mariano Suarez-Battan and Weston Gaddy, the round’s lead investor hailing from Radian Capital, to better understand the investment. Endeavor Catalyst and Google’s Gradient Ventures also put money into the round.