Melio Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 600

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $2.5B

Melio General Information

Description

Developer of a payment platform designed to provide businesses with digital payment tools. The company offers a digital accounts payable and receivables dashboard that provides a single integrated tool to transfer and receive payments in a faster, easier way, giving oversight and control over cash flow, reducing or eliminating late payment costs, enabling small businesses to better manage their supplier payments, and minimizing time and cost while maximizing cash flow.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 124 East 14th Street
  • 15th Floor
  • New York, NY 10003
  • United States
Primary Industry
Financial Software
Parent Company
Vertical(s)
Corporate Office
  • 124 East 14th Street
  • 15th Floor
  • New York, NY 10003
  • United States

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Melio Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 15-Oct-2025 $2.5B Completed Generating Revenue
8. Later Stage VC (Series E) 29-Oct-2024 Completed Generating Revenue
7. Later Stage VC (Series D) 14-Sep-2021 Completed Generating Revenue
6. Later Stage VC (Series C2) 05-Jan-2021 Completed Generating Revenue
5. Later Stage VC (Series C) 01-Aug-2020 Completed Generating Revenue
4. Early Stage VC (Series B) 01-Mar-2020 Completed Generating Revenue
3. Accelerator/Incubator 13-May-2019 Completed Generating Revenue
2. Early Stage VC (Series A) 01-Jan-2019 $16M $20.6M Completed Generating Revenue
1. Seed Round 01-Jan-2018 $4.58M $4.58M Completed Startup
To view Melio’s complete valuation and funding history, request access »

Melio Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Preferred E
Preferred E-1
Preferred E
Preferred D-1
Preferred D
Series C3
Series C2
Series C
Series B1 28,911,000 $0.000010 $0.07 $0.07 1x $0.07 0.57%
Series B 531,497,000 $0.000010 $0.09 $0.09 1x $0.09 10.51%
To view Melio’s complete cap table history, request access »

Melio Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a payment platform designed to provide businesses with digital payment tools. The company offers a digital
Financial Software
New York, NY
600 As of 2026

Fort Collins, CO
 

San Jose, CA
 
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Melio Competitors (24)

One of Melio’s 24 competitors is BillGO, a Venture Capital-Backed company based in Fort Collins, CO.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BillGO Venture Capital-Backed Fort Collins, CO
Citcon Venture Capital-Backed San Jose, CA
Klarna Group Formerly VC-backed Stockholm, Sweden
Tipalti Private Equity-Backed Foster City, CA
Ramp Venture Capital-Backed New York, NY
You’re viewing 5 of 24 competitors. Get the full list »

Melio Patents

Melio Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230153778-A1 System and method for transferring data during a payment process Inactive 18-Nov-2021

Melio Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Melio Former Investors (30)

Investor Name Investor Type Holding Investor Since Participating Rounds
AMEX Ventures Corporate Venture Capital Minority
Accel Venture Capital Minority
Aleph (Israel) Venture Capital Minority
Allon Ventures Venture Capital Minority
Annox Capital Venture Capital Minority
You’re viewing 5 of 30 investors. Get the full list »

Melio Investments (2)

Melio’s most recent deal was a Seed Round with Ledge for . The deal was made on 04-Jul-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Ledge 04-Jul-2022 Seed Round Financial Software
Grain (Financial Services) 17-Mar-2022 Seed Round Other Financial Services
To view Melio’s complete investments history, request access »

Melio FAQs

  • When was Melio founded?

    Melio was founded in 2018.

  • Where is Melio headquartered?

    Melio is headquartered in New York, NY.

  • What is the size of Melio?

    Melio has 600 total employees.

  • What industry is Melio in?

    Melio’s primary industry is Financial Software.

  • Is Melio a private or public company?

    Melio is a Private company.

  • What is the current valuation of Melio?

    The current valuation of Melio is .

  • What is Melio’s current revenue?

    The current revenue for Melio is .

  • How much funding has Melio raised over time?

    Melio has raised $683M.

  • Who are Melio’s investors?

    AMEX Ventures, Accel, Aleph (Israel), Allon Ventures, and Annox Capital are 5 of 30 investors who have invested in Melio.

  • Who are Melio’s competitors?

    BillGO, Citcon, Klarna Group, Tipalti, and Ramp are some of the 24 competitors of Melio.

  • When was Melio acquired?

    Melio was acquired on 15-Oct-2025.

  • Who acquired Melio?

    Melio was acquired by Xero (Financial Software).

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