About MELP
MELP is a Financial Services company based in Vilnius (Lithuania) founded in 2021 by Robertas Å altis. It operates as an employee benefits administration is enabled by a web-based platform. It operates on a SaaS (Software-as-a-Service) and Subscription Services model in Financial Services, Technology, and Healthcare sectors. MELP has raised $2.37 million across 3 funding rounds from investors including 70V, CoInvest Capital and LitBAN. Its website melp.com draws about 28 thousand monthly visits. MELP offers products and services including MELP Platform, Corporate Gift Cards, and Expense Reimbursement. Its focus areas include Software and HR Technology. Its legal entity is MELP UAB. Its competitors include Alight, Swile, Wright Express, KonfÃo and Businessolver and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Employee engagement is supported by MELP through an all-in-one platform designed for internal communication, personalized benefits, and recognition. Various sectors including HR and corporate management are served with solutions like mobile app access, AI-driven automations, and data analytics. Tools for seamless messaging, surveys, and reward systems are provided to enhance workplace motivation and retention. Corporate gifting and expense reimbursement services are also offered to improve employee satisfaction.
- Total Equity Funding$2.37M (USD)
in 3 rounds
- Latest Funding Round$1.46M (USD), Seed
Sep 2025
- Investors70V
& 2 more
Products & Services of MELP
MELP offers a comprehensive portfolio of products and services, including MELP Platform, Corporate Gift Cards, and Expense Reimbursement.
Employee engagement is enhanced through communication and rewards.
Corporate gifting experience is elevated for employee rewards.
Work-related expenses are repaid quickly to employees.
Apps and channels of MELP
its YouTube channel MELP has 25 subscribers and 11 videos.
Videos from MELP
The most watched videos on MELP's YouTube channel, MELP (25 subscribers). Click a video to play it here.
More on MELP.
Funding Insights of MELP
MELP has successfully raised a total of $2.37M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.46 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.37M
- Total Rounds 3
- Last Round Seed — $1.46M
- First Round $204,707
(Nov 2021)
- Investors Count 3
All 3 funding rounds of MELP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $1.46M | Seed | – | CoInvest Capital | – |
| Jan 2024 | $697,636 | Seed | – | – | |
| Nov 2021 | $204,707 | Seed | – | 70V | – |
3 investors in total: 3 institutional.
Investors in MELP
MELP has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include 70V, CoInvest Capital and LitBAN.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | coinvest.lt | - | |
LitBAN is operated as a business angel investment network in Lithuania. | 2019 | litban.lt | Lithuania | |
B2B startups are accelerated through focused programs by 70V. | 2018 | 70v.com | Vilnius, Lithuania |
Investor details for MELP
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of MELP
13 people are tracked at MELP (6 in leadership, 5 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Robertas Šaltis | Co-Founder | Leadership |
Vidmantas Siugzdinis | CEO & Co-Founder | Leadership |
Vidmantas Šiugždinis | Managing Director | Leadership |
Mark Leenards | Director, MELP BV, Netherlands | Leadership |
Juozas Sargūnas | Sales Director | Leadership |
Renata Kaškelytė | Head of Client Service | Leadership |
Povilas Redko | Advisor | Board & advisors |
Auksė Žukauskienė | Advisor | Board & advisors |
Jolita Palekaitė | Board Member | Board & advisors |
Dalia Čižaitė-Gabė | Advisor | Board & advisors |
Karolis Petreikis | Advisor | Board & advisors |
Simona Kačinaitė | Product Owner | Team |
Agne Krisciunaite | Marketing Manager | Team |
Complete people profiles for MELP
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of MELP
3 dated milestones of MELP across 4 years, from founding to its latest funding, stage changes and deals.
- Founded MELP is founded.
- Funding First funding round of $205K.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of MELP
MELP has 9 listed competitors in our database, 7 of them funded. They include Alight, Swile, Wright Express, KonfÃo and Businessolver, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alight.com | 2015 | Lincolnshire, United States | $8.75M | 9,874 | Cloud-based HRMS solutions are offered for enterprise HR management. | |
| vee.digital | 2016 | Sao Paulo, Brazil | – | – | A card-linked wallet is provided for employee financial management. | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| konfio.mx | 2014 | Miguel Hidalgo, Mexico | $378M | – | Financial solutions platform provider | |
| businessolver.com | 1998 | West Des Moines, United States | $65.16M | 1,401 | Cloud-based employee benefits administration solutions are delivered. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| league.com | 2014 | Toronto, Canada | $241.95M | 103 | SaaS platform for managing employee health benefits is offered. | |
| collectivehealth.com | 2013 | San Francisco, United States | $714M | 483 | Cloud-based self-insurance platform is offered to employers for employee sponsorship. | |
| healthequity.com | 2002 | Draper, United States | $15.28M | 3,126 | Health benefits and savings are managed through an app-based platform. |
Detailed competitors of MELP
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of MELP
The website of MELP (melp.com) receives about 28.2K visits a month.
- Monthly visits28.2K
▲ 61.6% vs previous month
Websites whose visitors overlap most with MELP. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wayleadr.com | 100% | 24.9K | #970,358 | View details | |
| dista.ai | 97% | 9.2K | #2,254,488 | View details | |
| unily.com | 79% | 464.8K | #127,905 | View details | |
jugnoo.io | jugnoo.io | 71% | – | #1,945,936 | – |
| allrideapps.com | 64% | – | #3,226,131 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for MELP
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Insurance & Risk Management
10 companies that operate in the same segment as MELP (Insurance & Risk Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Life Insurance joint venture between SBI and BNP Paribas Cardiff | 2000 | Mumbai, Maharashtra, India | USD 264 M | USD 14.28 B | 26,360 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States | – | – | – | |
Cloud-based employee benefits administration solutions are delivered. | 1998 | West Des Moines, Iowa, United States | USD 65.16 M | – | – |
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Related news about Melp
Complete news archive for MELP
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Frequently Asked Questions about MELP
MELP was founded in 2021.
MELP is headquartered in Vilnius, Lithuania.
MELP is a funded company, having raised a total of $2.37M across 3 funding rounds to date. The company's 1st funding round was a Seed of $204.71K, raised on Nov 2021.
Employee engagement is supported by MELP through an all-in-one platform designed for internal communication, personalized benefits, and recognition. Various sectors including HR and corporate management are served with solutions like mobile app access, AI-driven automations, and data analytics. Tools for seamless messaging, surveys, and reward systems are provided to enhance workplace motivation and retention. Corporate gifting and expense reimbursement services are also offered to improve employee satisfaction.
MELP's top competitors include Alight, Wright Express and Businessolver.
MELP offers MELP Platform, Corporate Gift Cards, and Expense Reimbursement.
MELP operates through Melp Uab.