Mero Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 9

Employees

  • Latest Deal Type
  • M&A

Mero General Information

Description

Developer of a crypto-based lending platform designed to automate liquidity. The company's platform offers a decentralized finance protocol where users can register loans on-chain to receive collateral top-ups for increasing the yield and utility of crypto assets with reactive liquidity, enabling investors with quick access to funds without the need for intermediaries.

Contact Information

Website
www.mero.finance
Formerly Known As
Backd
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 21 Gloucester Place
  • London W1U 8HR
  • England, United Kingdom
Primary Industry
Financial Software
Other Industries
Other Financial Services
Acquirer
Synthetix
Vertical(s)
SaaS, Cryptocurrency/Blockchain, FinTech
Corporate Office
  • 21 Gloucester Place
  • London W1U 8HR
  • England, United Kingdom

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Mero Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 10-Dec-2024 Completed Generating Revenue
2. Early Stage VC (Series A) 07-Jun-2022 Completed Generating Revenue
1. Seed Round 01-Mar-2022 $1M $1M Completed Generating Revenue
To view Mero’s complete valuation and funding history, request access »

Mero Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Mero Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Advanced Blockchain Venture Capital Minority
Apollo Global Management PE/Buyout Minority
Divergence Ventures Venture Capital Minority
Maven 11 Venture Capital Minority
Spartan Group Asset Manager Minority
You’re viewing 5 of 6 investors. Get the full list »

Ready to get started?

Request a free trial

Mero FAQs

  • When was Mero founded?

    Mero was founded in 2021.

  • Where is Mero headquartered?

    Mero is headquartered in London, United Kingdom.

  • What is the size of Mero?

    Mero has 9 total employees.

  • What industry is Mero in?

    Mero’s primary industry is Financial Software.

  • Is Mero a private or public company?

    Mero is a Private company.

  • What is Mero’s current revenue?

    The current revenue for Mero is .

  • How much funding has Mero raised over time?

    Mero has raised $4.5M.

  • Who are Mero’s investors?

    Advanced Blockchain, Apollo Global Management, Divergence Ventures, Maven 11, and Spartan Group are 5 of 6 investors who have invested in Mero.

  • When was Mero acquired?

    Mero was acquired on 10-Dec-2024.

  • Who acquired Mero?

    Mero was acquired by Synthetix.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process