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Bending Spoons to buy collaboration tools maker Miro for $1.36B, 90% less than its 2022 valuation

Bending Spoons is acquiring Miro for $1.36 billion, representing a staggering ~92% decline from its $17.5 billion peak valuation in late 2021. The deal marks one of the most dramatic valuation compressions in recent tech history and signals a tough market environment for SaaS and collaboration tool companies.

Background

Miro is a popular visual collaboration and whiteboarding platform widely used by enterprises. The deal reflects the broader post-2021 tech valuation correction, where once-hyped SaaS companies saw their worth plummet amid rising interest rates and tightening investor sentiment.

Source
TechCrunch
Published
Sep 10, 2026 at 10:34 PM
Score
7.0 / 10