What it sells
Mio powers seamless communication between workplace chat apps.
Business model breakdown
Buyer: who owns the budget?
UnverifiedIT / collaboration leaders at enterprises running both Google Workspace and Microsoft 365 (or Teams plus Slack).
Trigger: what makes them buy now?
Mergers and acquisitions, long-term platform coexistence, frontline workers on a different platform, or avoiding vendor lock-in.
Workflow: what inputs become what output?
IT connects platforms in the Mio Hub, syncs the directory (Entra ID groups), then chat, external chat and file links relay between Google Chat and Microsoft Teams so users stay in their own app.
Economics: what it saves and how it charges
Per-user per-month licence only for users who need cross-platform chat, minimum 1-year commitment, plus flat one-time $10,000 implementation fee.
Distribution: how it reaches customers
Enterprise sales-led: contact sales, discovery call and proof of concept in customer environment.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2016 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.