How Much Did Merge Raise?
Funding & Key Investors

Merge, an application programming interface (API) and integration platform provider, has secured significant enterprise-level funding, with its total funding amount reaching $74.5M. The company recently announced a major strategic investment of $55M, underscoring its growth trajectory in the B2B integration space. This latest capital infusion is expected to accelerate Merge's mission to transform how businesses manage customer-facing integrations.

What is Merge?

Merge
SoftwareEngineering Software

Founded in 2020 and based in San Francisco, California, Merge API Inc. offers a Unified API designed to simplify complex B2B integrations. By integrating just once, developers can provide their clients access to a wide array of services, including HR Information Systems (HRIS), Applicant Tracking Systems (ATS), and Accounting platforms. Merge actively manages the integration lifecycle and consistently adds new platform support, positioning itself as a key enabler for businesses seeking streamlined operational efficiency through technology.

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 Addition Capital, New Enterprise Associates, and Accel

Key Investors in Merge

New Enterprise Associates

New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, known for its focus on helping entrepreneurs build businesses across various stages.

Addition

Addition is a global manufacturing technology company dedicated to providing advanced equipment and systems to manufacturers worldwide.

Addition Capital

Addition Capital is a London-based investment firm that strategically partners with British and European companies, particularly in Healthcare, Financial Services, and Manufacturing, to drive transformational growth.

What's next for Merge?

With its recent Series B financing, Merge is poised for significant expansion. The substantial capital raised, coupled with strategic backing from prominent venture capital firms, indicates a strong market validation and provides the resources necessary to scale operations, enhance its Unified API capabilities, and broaden its platform integrations. This strategic investment will likely fuel further product development and market penetration, solidifying Merge's position as a leader in the integration platform as a service (iPaaS) market.

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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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