Funding round
Miros Series A
Miros, which works in AI-Powered ecommerce search solutions in Tallinn, raised $6.5M in a Series A round announced on 6 Nov 2024, led by EBRD VC and Tera Ventures. 2 firms took part. It is Miros' third venture round on record; the one before was a Pre-seed in Nov 2024.
$6.5M
Amount raised
6,000,000 EUR converted
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
Miros did not disclose a valuation in this round. It is 43% of the $15M Miros has raised in the venture rounds on record. No later venture round is on record for Miros.
Investors
Who put money in
EBRD VC and Tera Ventures led the round.
Lead investors
- backs 10 venture-backed companies new investor
- backs 14 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
149 Series A rounds in Software Development Services within a year either side disclosed an amount; the median was $15M, and this round was 43% of the median. The closest in time, other companies' Series A rounds in Software Development Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Software Development Services | 1 Nov 2024 | $22M | not disclosed | not named |
| Software Development Services | 19 Nov 2024 | $20M | not disclosed | Lightspeed Venture Partners |
| Software Development Services | 8 Nov 2024 | $20M | not disclosed | ICONIQ Growth |
| Cogna Software Development Services | 11 Nov 2024 | $15M | not disclosed | Notion Capital |
| Software Development Services | 11 Nov 2024 | $10M | not disclosed | Korea Investment Financial Holding |
| Software Development Services | 14 Nov 2024 | $3.0M | not disclosed | Blossom Street Ventures |
| Software Development Services | 6 Nov 2024 | undisclosed | not disclosed | Partech |
| Software Development Services | 8 Oct 2024 | $23M | not disclosed | Markd |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Miros raise in its Series A round?
Miros raised $6.5M in its Series A round, announced in Nov 2024.
Who led Miros' Series A round?
EBRD VC and Tera Ventures led it.
What was Miros' valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Software Development Services?
149 Series A rounds in Software Development Services within a year either side disclosed an amount; the median was $15M, and this round was 43% of the median.