MIRIDI
Web-based collaborative design and printing platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | KRW11.0b | Series B | |
| Total Funding | 000k | ||
Miridi is a Seoul-based company founded in 2008 by CEO Kang Chang-seok with a mission to make design accessible to everyone. The company initially focused on providing value through printed materials for small and medium-sized businesses but has since shifted to a digital-first approach to meet evolving market needs.
Miridi operates two main services: 'MiriCanvas', a SaaS-based collaborative design platform, and 'BizHows', a web-to-print service. MiriCanvas allows users without professional design experience to create a wide range of materials, including presentations, social media graphics, videos, and posters, using a vast library of templates and design elements. The platform serves a diverse audience, from students and marketers to small business owners, and incorporates AI-powered tools to streamline the creative process. BizHows complements this by offering integrated printing for products like business cards and banners. The business model operates on a freemium basis, providing free access to a significant number of templates and features, with Pro and Enterprise plans available for users who require unlimited access and advanced functionalities. Revenue is also generated when users download or print designs that include content from contributors on the DesignHub platform.
The company has demonstrated significant growth, reporting sales of KRW 60.7 billion and an operating profit of KRW 7.7 billion in 2023. In July 2024, Miridi secured approximately USD 15 million in a Series B funding round, achieving a post-money valuation of around USD 215 million. The company plans to use these funds for talent acquisition and global marketing as it prepares for an IPO.
Keywords: design platform, SaaS, web-to-print, graphic design, content creation, collaborative design, presentation software, marketing materials, AI design tools, BizHows, MiriCanvas, print-on-demand, digital assets, templates, visual communication, design accessibility, user-generated content, freemium model, creative tools, online publishing