United States · 
Who invested in Merit?
Merit's investors include Andreessen Horowitz, Alumni Ventures, Greylock, Quiet Capital and UpHonest Capital.
2019202020212022
$1.0MRound$50MSeries B
United States · Series B startup
Who invested in Merit
Funding summaryUpdated 26 Oct 2026
$51Mraised across 2 rounds since 2018, from 2 sources
$1.0MRound$50MSeries B
- Latest round
- Series B, $50MJan 2022
- Step-upi
- 50×
- Investors
- 5
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $1.0M May 2018
- Biggest round
- $50M Series B · Jan 2022
- Between rounds
- 3.7 years from the last two
The rounds
- Jan 2022Series B$50M5 new
Source recorded
- May 2018
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 3 firms list Merit as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Merit
How much has Merit raised?
Merit has raised $51M across 2 rounds since 2018.
When did Merit last raise?
Merit's most recent round was a Series B of $50M in Jan 2022.
What was Merit's biggest round?
Its most recent round, $50M in Jan 2022, is also its largest on record.
Who backed Merit first?
Merit's first round on record, in Jan 2022, was backed by Andreessen Horowitz, Alumni Ventures and Greylock and 2 others.
What stage is Merit at?
Merit's latest named round is a Series B, in Jan 2022.
Where is Merit based?
Merit is based in the United States.
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