United States · 
Who invested in Merit Systems?
Merit Systems's investors include Blockchain Capital and Andreessen Horowitz's crypto fund. Blockchain Capital led its latest round.
United States · Seed startup
Who invested in Merit Systems
One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
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Funding summaryUpdated 5 Nov 2026
$10Mraised across 1 round since 2025, from 1 source
- Latest round
- Seed, $10MJan 2025
- Led by
- Blockchain Capital and Andreessen Horowitz's crypto fund
- Investors
- 2 (2 led)
The rounds
- Jan 2025Seed$10M
Reported by TechStartupsSEC filing: $9.7M sold, first sale Oct 2024
Funding filed with regulators
Merit Systems filed one raise, $9.7M in all. Filings say how much was sold and to how many investors; they never name the investors.
- Oct 2024$9.7MSEC Form D
Everyone who backed them
Andreessen Horowitz's crypto fundInvestment firm1round, led 1
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Merit Systems as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Merit Systems
How much has Merit Systems raised?
Merit Systems has raised $10M across 1 round since 2025.
When did Merit Systems last raise?
Merit Systems's most recent round was a Seed of $10M in Jan 2025, led by Blockchain Capital.
What was Merit Systems's biggest round?
Its most recent round, $10M in Jan 2025, is also its largest on record.
Who backed Merit Systems first?
Merit Systems's first round on record, in Jan 2025, was backed by Blockchain Capital and Andreessen Horowitz's crypto fund.
What stage is Merit Systems at?
Merit Systems's latest named round is a Seed, in Jan 2025.
Where is Merit Systems based?
Merit Systems is based in the United States.
Who led Merit Systems's rounds?
Blockchain Capital led the Seed in 2025.
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