Mercanis Overview
- Year Founded
-
2020
- Status
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Private
- Employees
-
80
- Latest Deal Type
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2ndary - Private
- Investors
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15
Mercanis General Information
Description
Developer of a procurement platform designed to automate source-to-contract processes. The company's technology utilizes agentic artificial intelligence, a skills studio, automated supplier discovery, risk detection, and offer comparison, enabling procurement teams to centralize supplier data and automate repetitive tasks to manage operations.
Contact Information
Website
www.mercanis.comCorporate Office
- Greifswalder Str. 208
- 10405 Berlin
- Germany
Corporate Office
- Greifswalder Str. 208
- 10405 Berlin
- Germany
Mercanis Timeline
Mercanis Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 4. Later Stage VC (Series A) | 08-Jun-2025 | Completed | Generating Revenue | |||
| 3. Seed Round | 17-Aug-2023 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2022 | Completed | Generating Revenue | |||
| 1. Seed Round | 10-Jan-2021 | Completed | Generating Revenue |
VC Exit Predictor
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Mercanis Comparisons
Industry
Financing
Details
Mercanis Competitors (2)
One of Mercanis’s 2 competitors is Ivalua, a Private Equity-Backed company based in Redwood City, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ivalua | Private Equity-Backed | Redwood City, CA | ||||
| Jaggaer | Private Equity-Backed | Durham, NC |
Mercanis Signals
Mercanis Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AVP | Venture Capital | Minority | ||
| Partech | Venture Capital | Minority | ||
| Capmont | Asset Manager | Minority | ||
| Capmont Technology | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Mercanis FAQs
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When was Mercanis founded?
Mercanis was founded in 2020.
-
Where is Mercanis headquartered?
Mercanis is headquartered in Berlin, Germany.
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What is the size of Mercanis?
Mercanis has 80 total employees.
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What industry is Mercanis in?
Mercanis’s primary industry is Business/Productivity Software.
-
Is Mercanis a private or public company?
Mercanis is a Private company.
-
What is Mercanis’s current revenue?
The current revenue for Mercanis is .
-
How much funding has Mercanis raised over time?
Mercanis has raised $27.1M.
-
Who are Mercanis’s investors?
AVP, Partech, Capmont, Capmont Technology, and are 5 of 15 investors who have invested in Mercanis.
-
Who are Mercanis’s competitors?
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