What is Merge?
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:
Angel/Seed
$4.5M
Series A
$15M
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.
See full Merge company page