Melio Overview
- Year Founded
-
2018
- Status
-
Acquired/Merged
- Employees
-
600
- 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
Website
www.meliopayments.com(Operating Subsidiary)
Corporate Office
- 124 East 14th Street
- 15th Floor
- New York, NY 10003
- United States
Corporate Office
- 124 East 14th Street
- 15th Floor
- New York, NY 10003
- United States
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 |
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% |
Melio Comparisons
Industry
Financing
Details
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 |
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
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 |
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 |
Melio FAQs
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When was Melio founded?
Melio was founded in 2018.
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Where is Melio headquartered?
Melio is headquartered in New York, NY.
-
What is the size of Melio?
Melio has 600 total employees.
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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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