Mercanis Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 80

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Greifswalder Str. 208
  • 10405 Berlin
  • Germany
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Automation/Workflow Software
Logistics
Corporate Office
  • Greifswalder Str. 208
  • 10405 Berlin
  • Germany

Mercanis Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Mercanis’s complete valuation and funding history, request access »

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Mercanis Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a procurement platform designed to automate source-to-contract processes. The company's technology utilizes
Business/Productivity Software
Berlin, Germany
80 As of 2026

Redwood City, CA
 

Durham, NC
 
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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
You’re viewing 2 of 2 competitors. Get the full list »

Mercanis Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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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
You’re viewing 5 of 15 investors. Get the full list »

Mercanis FAQs

  • When was Mercanis founded?

    Mercanis was founded in 2020.

  • Where is Mercanis headquartered?

    Mercanis is headquartered in Berlin, Germany.

  • What is the size of Mercanis?

    Mercanis has 80 total employees.

  • 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?

    Ivalua and Jaggaer are competitors of Mercanis.

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