How Much Did Merge Raise?
Funding & Key Investors

Merge, a prominent player in the B2B integration infrastructure space, has successfully secured a total of $74.5M in capital to date. This trajectory of financial backing, which includes a recent funding round of $55M, underscores the market's growing demand for streamlined application programming interface solutions. By consolidating complex integration lifecycles, the company has positioned itself as a critical utility for modern software enterprises.

The firm's growth story began with early-stage support, evolving through successive rounds of financing that have enabled the company to scale its Unified API platform. This latest infusion of capital serves as a testament to the company's operational maturity and its ability to solve the persistent technical debt associated with maintaining disparate HRIS, ATS, and accounting integrations.

What is Merge?

Merge
SoftwareEngineering Software

Founded in 2020 and headquartered in San Francisco, Merge provides a sophisticated Unified API that simplifies how B2B companies manage customer-facing integrations. By abstracting the complexities of various third-party platforms, Merge allows developers to integrate once and gain immediate access to a vast ecosystem of HR, recruiting, and financial software. This approach effectively transforms the integration landscape, shifting the burden of maintenance and platform expansion from the client to the Merge infrastructure. As a result, B2B organizations can accelerate their product roadmaps and focus on core value propositions rather than the intricacies of data connectivity.

How much funding has Merge raised?

Merge has raised a total of $74.5M across 3 funding rounds:

2021

Angel/Seed

$4.5M

Series A

$15M

2022

Series B

$55M

Angel/Seed (2021): $4.5M with participation from New Enterprise Associates

Series A (2021): $15M led by New Enterprise Associates and Addition

Series B (2022): $55M supported by New Enterprise Associates, Accel, and Addition Capital

Key Investors in Merge

New Enterprise Associates

Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.

Accel

Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth.

Addition Capital

Addition Capital is an investment firm based in London that focuses on British and European companies with the potential for transformational growth.

What's next for Merge?

With the recent major strategic investment, Merge is well-positioned to deepen its market penetration and expand its platform capabilities. The company's roadmap likely involves broadening its integration library to include more specialized vertical software, thereby increasing its utility for enterprise-level clients. As the demand for interoperability in the SaaS ecosystem continues to rise, Merge's focus on the entire lifecycle of integrations provides a sustainable competitive advantage. Future strategic initiatives will likely prioritize enhancing developer experience and scaling the platform to support higher volumes of data traffic, ensuring that the company remains the primary choice for businesses seeking to optimize their integration architecture.

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Frequently Asked Questions Regarding Merge Financial Insights

What are the most recent funding rounds that Merge has completed, and what were the funding rounds?
Merge has recently completed 3 funding rounds: Series B on Oct 24, 2022, Series A on Nov 3, 2021, Angel/Seed on May 17, 2021.
What is the total amount of funding Merge has raised to date?
Merge has raised a total of $74.5M in funding to date.
How many funding rounds has Merge completed?
Merge has completed 3 funding rounds.
How much funding did Merge raise in its most recent funding round?
Merge raised $55M in its most recent funding round.
Who are the lead investors in Merge's latest funding round?
The lead investor in Merge's latest funding round was New Enterprise Associates. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Merge's history?
The largest funding round in Merge's history was $55M.
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