About Mercanis
Mercanis is a company based in Berlin (Germany) founded in 2020 by Juan Vidal. Mercanis has raised $29.89 million across 3 funding rounds from investors including Speedinvest, Partech Partners and Signals Venture Capital. Mercanis offers products and services including Mercu AI, Sourcing, Supplier Management, Spend Analysis, and Contract Management. Mercanis operates in a competitive market with competitors including Coupa, Sage Group, Airbase, Bizongo and Procurify, among others.
- Headquarter Berlin, Germany
- Founders Juan Vidal
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Cdc3 Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$29.89 M (USD)
in 3 rounds
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Latest Funding Round
$19.89 M (USD), Series A
Jun 19, 2025
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Investors
Speedinvest
& 12 more
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Employee Count
Not available
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Products & Services of Mercanis
Mercanis offers a comprehensive portfolio of products and services, including Mercu AI, Sourcing, Supplier Management, Spend Analysis, and Contract Management.
AI co-pilot for automating procurement and decision-making tasks
Tool for strategic sourcing and RFP process simplification
Platform for supplier identification, assessment, and organization
System for tracking and analyzing procurement expenditures
Tool for creating, negotiating, and managing contracts efficiently
People of Mercanis
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Funding Insights of Mercanis
Mercanis has successfully raised a total of $29.89M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $19.89 million completed in June 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.
Investors in Mercanis
Mercanis has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Speedinvest, Partech Partners and Signals Venture Capital.
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Early-stage tech investments are made in European companies.
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Early-stage venture capital and startup acceleration are provided.
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Venture capital is provided to global tech startups and scale-ups.
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Investor details for Mercanis
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Mercanis
Investment portfolio details for Mercanis
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Financial Statements - Mercanis
Detailed financials for Mercanis
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Mercanis Comparisons
Peer comparison for Mercanis
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Competitors of Mercanis
Mercanis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coupa, Sage Group, Airbase, Bizongo and Procurify, among others.
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Cloud-based end-to-end spend management software is delivered for businesses.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Procure-to-pay management software is offered for business operations.
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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SaaS spend management software is used to automate procure-to-pay operations.
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Procurement management solutions are delivered for business operations.
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Detailed competitors of Mercanis
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Latest news on Mercanis
Complete news archive for Mercanis
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Frequently Asked Questions about Mercanis
Mercanis was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Mercanis is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Mercanis is a funded company, having raised a total of $29.89M across 3 funding rounds to date.
Mercanis was founded in 2020 in Berlin, Germany, as a provider of web-based tools in the procurement sector. Automation of the source-to-settle process is enabled through these solutions, with management of purchase orders and invoice comparisons handled via a centralized dashboard. Onboarding workflows are negotiated, and cross-enterprise collaboration is supported to streamline operations.
Mercanis's top competitors include Coupa, Sage Group and Airbase.
Mercanis offers Mercu AI, Sourcing, Supplier Management, Spend Analysis, and Contract Management.
Mercanis has 13 investors. Key investors include Speedinvest, Partech Partners, Signals Venture Capital, DI Technology, and Ulrich Piepel.