Miridih's MiriCanvas Soars with $15M Series B Investment

July 13, 2024, 9:35 pm
MIRIDIH
MIRIDIH
Total raised: $15M
Miridih, a trailblazing design platform company hailing from the vibrant city of Seoul, South Korea, has recently made waves in the tech world by securing a substantial $15 million in Series B funding. This infusion of capital is akin to pouring gasoline on a fire, propelling Miridih towards their ambitious goals of global expansion and innovation. The backing of industry heavyweights such as Kiwoom PE, IBK, Shinhan Venture Investment, and G.N. Tech Venture Capital has not only boosted Miridih's financial standing but also solidified their position as a key player in the design industry.

Under the visionary leadership of CEO Kang Changseok, Miridih is charting a course towards uncharted territories, aiming to establish itself as a dominant force in the global design landscape. MiriCanvas, the company's flagship SaaS platform, stands as a testament to their commitment to excellence, boasting an impressive user base of 13 million individuals who have embraced its intuitive design features.

The Series B funding round has propelled Miridih's post-money valuation to a formidable USD 215 million, a testament to the confidence that investors have in the company's potential for growth and innovation. With plans to utilize the newly acquired funds for talent acquisition and global marketing initiatives, Miridih is poised to accelerate its expansion efforts and reach new markets around the world.

Miridih's journey to success has been nothing short of remarkable, with the company experiencing exponential growth in recent years. From recording sales of KRW 14.7 billion in 2020 to achieving a staggering KRW 60.7 billion in 2023, Miridih's upward trajectory is a testament to their unwavering commitment to excellence and innovation. The company's plans to select an IPO underwriter in the second half of 2024 signal their ambition to take the next step towards becoming a global unicorn company.

As Miridih sets its sights on revolutionizing the design ecosystem and creating a culture of convenience and creativity on a global scale, the world watches with bated breath. With MiriCanvas leading the charge, Miridih is poised to leave an indelible mark on the design industry, one canvas at a time.