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Miro

To empower teams through visual collaboration by becoming the essential platform for every team worldwide



Sub organizations:
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SWOT Analysis

Updated: June 25, 2025 • 2025-Q2 Analysis View 2025-Q3

The SWOT analysis reveals Miro's commanding position in visual collaboration with exceptional retention metrics and enterprise penetration. However, intensifying competition from Microsoft and Figma demands immediate differentiation through AI integration and vertical-specific solutions. The company must balance feature innovation with platform simplicity while capitalizing on the massive education and international expansion opportunities. Strategic focus should prioritize AI-powered collaboration features, streamlined user experience, and aggressive enterprise market expansion to maintain category leadership against well-funded competitors threatening market share.

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To empower teams through visual collaboration by becoming the essential platform for every team worldwide

Strengths

  • PLATFORM: Market-leading visual collaboration with 60M+ users globally
  • REVENUE: Strong $300M ARR growth with 120% net retention rate metrics
  • ENTERPRISE: Deep Fortune 500 penetration with robust security features
  • ECOSYSTEM: 100+ integrations creating powerful network effects
  • BRAND: Strong recognition as category leader in visual collaboration

Weaknesses

  • COMPETITION: Intense pressure from Figma and Microsoft in core markets
  • PRICING: Complex tier structure confuses customers and limits adoption
  • PERFORMANCE: Platform speed issues with large boards impact user experience
  • MOBILE: Limited mobile functionality reduces accessibility for users
  • COMPLEXITY: Feature bloat makes onboarding difficult for new users

Opportunities

  • AI: Integration of AI for smart templates and automated workflows
  • EDUCATION: Massive K-12 and higher education market expansion potential
  • VERTICAL: Industry-specific solutions for healthcare consulting finance
  • INTERNATIONAL: Significant growth potential in APAC and European markets
  • ASYNC: Growing demand for asynchronous collaboration tools post-pandemic

Threats

  • MICROSOFT: Teams integration threatens enterprise market share significantly
  • FIGMA: Design tool expansion into broader collaboration space
  • RECESSION: Economic downturn reducing enterprise software spending budgets
  • PRIVACY: Data security regulations impacting global expansion plans
  • SATURATION: Visual collaboration market becoming increasingly commoditized

Key Priorities

  • Focus on AI-powered features to differentiate from competitors
  • Expand enterprise sales team for Fortune 500 market penetration
  • Simplify pricing structure to accelerate user adoption rates
  • Invest in mobile platform for comprehensive user experience
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OKR AI Analysis

Updated: June 25, 2025 • 2025-Q2 Analysis View 2025-Q3

This SWOT-driven OKR plan positions Miro to dominate through AI differentiation while scaling enterprise penetration. The four-pillar approach addresses competitive threats through innovation, captures growth opportunities through expansion, and strengthens core platform performance. Success requires disciplined execution across AI development, enterprise sales, and international expansion simultaneously.

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To empower teams through visual collaboration by becoming the essential platform for every team worldwide

DOMINATE AI

Lead market with AI-powered collaboration intelligence

  • TEMPLATES: Launch AI template generator with 80% user adoption by quarter end
  • INSIGHTS: Deploy collaboration analytics dashboard for 500+ enterprise customers
  • AUTOMATION: Implement smart workflow suggestions reducing setup time by 50%
  • PARTNERSHIP: Secure strategic AI partnership with major cloud provider
SCALE ENTERPRISE

Accelerate Fortune 500 market penetration and growth

  • LOGOS: Acquire 50 new Fortune 500 customers through expanded sales team
  • REVENUE: Achieve $400M ARR with 25% enterprise segment growth rate
  • RETENTION: Maintain 125% net revenue retention in enterprise customer base
  • EXPANSION: Launch dedicated vertical solutions for healthcare and finance
OPTIMIZE PLATFORM

Enhance performance and simplify user experience

  • SPEED: Reduce large board load times by 60% through architecture optimization
  • MOBILE: Launch comprehensive mobile app with feature parity to desktop
  • PRICING: Simplify tier structure increasing conversion rates by 30%
  • PERFORMANCE: Achieve 99.9% platform uptime with improved infrastructure
EXPAND GLOBAL

Capture international and education market opportunities

  • EDUCATION: Penetrate K-12 market with 1000+ school district partnerships
  • INTERNATIONAL: Establish APAC operations targeting 100+ enterprise customers
  • LOCALIZATION: Launch platform in 5 additional languages with local support
  • PARTNERSHIPS: Create education-specific integrations with learning management systems
METRICS
  • Annual Recurring Revenue: $400M
  • Net Revenue Retention: 125%
  • Enterprise Customers: 500+
VALUES
  • Customer obsession
  • Transparency
  • Boldness
  • Care
  • Growth mindset
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Miro Retrospective

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To empower teams through visual collaboration by becoming the essential platform for every team worldwide

What Went Well

  • REVENUE: Achieved $300M ARR milestone with strong growth trajectory
  • RETENTION: Maintained 120% net revenue retention across customer base
  • ENTERPRISE: Expanded Fortune 500 customer base with major wins
  • PLATFORM: Launched new collaboration features driving user engagement
  • TEAM: Successfully scaled team to 1800+ employees globally

Not So Well

  • COMPETITION: Lost market share to Figma in design collaboration
  • PERFORMANCE: User complaints about platform speed with large boards
  • PRICING: Customer confusion over complex tier structure
  • MOBILE: Limited mobile app functionality hampering user adoption
  • CHURN: Increased small business churn due to economic pressures

Learnings

  • FOCUS: Need to prioritize core collaboration features over feature bloat
  • SPEED: Platform performance directly impacts user satisfaction metrics
  • SIMPLICITY: Complex pricing creates barriers to customer adoption
  • MOBILE: Remote work demands require robust mobile capabilities
  • VERTICAL: Industry-specific solutions drive higher customer value

Action Items

  • PERFORMANCE: Optimize platform architecture for large board handling
  • PRICING: Simplify tier structure to reduce customer confusion
  • MOBILE: Invest in comprehensive mobile app development roadmap
  • AI: Accelerate AI feature development for competitive differentiation
  • SALES: Expand enterprise sales team for Fortune 500 penetration
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Miro Market

Competitors
Figma logo
Figma
Lucidchart logo
Lucidchart
Conceptboard logo
Conceptboard
Microsoft Whiteboard logo
Microsoft Whiteboard
Jamboard logo
Jamboard
Products & Services
No products or services data available
Distribution Channels

Miro Product Market Fit Analysis

Updated: June 25, 2025

Miro transforms how distributed teams collaborate by providing an infinite visual canvas where ideas come to life. Teams using Miro accelerate project delivery by 50% while reducing meeting overhead, making remote collaboration as effective as in-person workshops through real-time visual thinking and seamless integration workflows.

1

Accelerate collaboration by 3x

2

Reduce meeting time by 40%

3

Increase innovation output



Before State

  • Scattered tools
  • Poor remote collaboration
  • Inefficient workshops
  • Siloed teams

After State

  • Unified collaboration
  • Seamless remote work
  • Efficient ideation
  • Connected teams

Negative Impacts

  • Reduced productivity
  • Communication gaps
  • Longer project cycles
  • Lower engagement

Positive Outcomes

  • 50% faster project delivery
  • Higher team engagement
  • Better innovation
  • Cost savings

Key Metrics

120% net revenue retention
95% customer satisfaction
60M+ monthly active users

Requirements

  • Platform adoption
  • Team training
  • Process integration
  • Leadership buy-in

Why Miro

  • Onboarding programs
  • Template libraries
  • Integration setup
  • Change management

Miro Competitive Advantage

  • Infinite canvas UX
  • Real-time sync
  • Enterprise security
  • Extensive ecosystem

Proof Points

  • Fortune 500 adoption
  • High NPS scores
  • Usage growth metrics
  • Customer testimonials
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Miro Market Positioning

What You Do

  • Visual collaboration platform for distributed teams

Target Market

  • Enterprise teams, consultants, educators, designers

Differentiation

  • Infinite canvas
  • Real-time collaboration
  • Enterprise security
  • Extensive integrations

Revenue Streams

  • Subscription tiers
  • Enterprise licenses
  • Professional services
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Miro Operations and Technology

Company Operations
  • Organizational Structure: Distributed team with global offices
  • Supply Chain: Cloud infrastructure, third-party integrations
  • Tech Patents: Multiple collaboration and UI patents
  • Website: https://miro.com
Top Clients

Miro Competitive Forces

Threat of New Entry

MEDIUM: High development costs and network effects create barriers but AI-native startups pose emerging competitive threats

Supplier Power

MEDIUM: Dependent on cloud providers like AWS but multiple options available reducing single supplier dependency risks

Buyer Power

MEDIUM: Enterprise customers have negotiating power for volume deals but high switching costs limit their leverage significantly

Threat of Substitution

HIGH: Traditional tools like PowerPoint Slack channels can substitute basic collaboration needs reducing platform necessity

Competitive Rivalry

HIGH: Intense competition from Figma Microsoft Lucidchart with overlapping features and aggressive pricing strategies threatening market

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Analysis of AI Strategy

Updated: June 25, 2025 • 2025-Q2 Analysis View 2025-Q3

Miro's AI strategy must leverage its rich collaboration dataset advantage while addressing talent and infrastructure limitations. The company should prioritize AI-powered automation features like smart templates and workflow suggestions that directly enhance user productivity. Strategic partnerships with AI providers can accelerate development while preserving resources for core platform innovation. However, Miro must act swiftly as Microsoft Copilot and Google Workspace AI threaten to commoditize basic collaboration intelligence, making differentiated AI capabilities essential for maintaining competitive advantage.

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To empower teams through visual collaboration by becoming the essential platform for every team worldwide

Strengths

  • DATA: Rich collaboration data from 60M+ users for AI training models
  • PLATFORM: Existing infrastructure supports AI feature integration seamlessly
  • PARTNERSHIPS: Strong relationships with Microsoft OpenAI for AI capabilities
  • USAGE: High user engagement provides feedback loops for AI improvements
  • RESOURCES: Sufficient funding and talent to invest in AI development

Weaknesses

  • TALENT: Limited AI/ML expertise compared to tech giants like Google
  • LATENCY: Real-time collaboration requires low-latency AI processing power
  • PRIVACY: User data privacy concerns limit AI training capabilities
  • INTEGRATION: Complex to integrate AI without disrupting core platform
  • COSTS: High computational costs for AI features impact margins

Opportunities

  • AUTOMATION: AI-powered template generation and board organization features
  • INSIGHTS: Smart analytics to provide collaboration effectiveness insights
  • CONTENT: Automated content creation from meeting notes and discussions
  • PERSONALIZATION: AI-driven workspace customization for individual users
  • PRODUCTIVITY: Intelligent workflow suggestions based on team patterns

Threats

  • MICROSOFT: Copilot integration in Teams threatens Miro's differentiation
  • GOOGLE: Workspace AI features competing directly with collaboration tools
  • STARTUPS: AI-native collaboration tools with superior capabilities launching
  • COSTS: Rising AI infrastructure costs impacting profitability margins
  • TALENT: Big Tech recruiting top AI talent away from smaller companies

Key Priorities

  • Develop AI-powered smart templates and automated workflow suggestions
  • Partner with AI providers to accelerate feature development timeline
  • Focus on privacy-preserving AI to address enterprise security concerns
  • Integrate AI insights dashboard for collaboration effectiveness metrics
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Miro Financial Performance

Profit: Not disclosed (Private company)
Market Cap: $17.5B (Last funding round)
Annual Report: Not publicly available
Debt: Minimal debt reported
ROI Impact: High customer LTV/CAC ratios
AI Disclosure

This report was created using the Alignment Method—our proprietary process for guiding AI to reveal how it interprets your business and industry. These insights are for informational purposes only and do not constitute financial, legal, tax, or investment advice.

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Alignment LLC specializes in AI-powered business analysis. Through the Alignment Method, we combine advanced prompting, structured frameworks, and expert oversight to deliver actionable insights that help companies understand how AI sees their data and market position.