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 strategic investment of $55M, underscores the market's growing demand for unified API solutions. By streamlining the complex landscape of customer-facing integrations, Merge has positioned itself as a critical utility for modern software enterprises looking to optimize their connectivity across HRIS, ATS, and accounting platforms.

What is Merge?

Merge
SoftwareEngineering Software

Founded in 2020 and headquartered in San Francisco, Merge API Inc. provides a sophisticated Unified API that simplifies the integration lifecycle for B2B companies. By allowing developers to integrate once and gain access to a vast ecosystem of third-party platforms, the company effectively eliminates the technical debt associated with maintaining disparate software connections. This platform-as-a-service model has become essential for organizations aiming to accelerate their product roadmaps and enhance customer experience through seamless data interoperability.

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 Addition and New Enterprise Associates

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

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 that focuses on companies with the potential for transformational growth, acting as a strategic partner for businesses seeking to scale operations.

What's next for Merge?

With the infusion of capital from its latest funding round, Merge is well-positioned to scale its engineering efforts and expand its platform coverage. The company's strategic focus remains on deepening its integration capabilities and maintaining its rapid pace of adding new platforms to its unified interface. As the B2B software market continues to fragment, Merge's role as a central integration hub is expected to grow, providing the necessary infrastructure for companies to scale their operations without the burden of managing individual API maintenance cycles.

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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 Addition Capital. 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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