Mercanis

Berlin, Germany Founded: 2020 • Age: 6 yrs
Web-based solutions for procurement automation are provided.
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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
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cdc3 Gmbh
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $29.89 M (USD)

    in 3 rounds

  • Latest Funding Round
    $19.89 M (USD), Series A

    Jun 19, 2025

  • Investors
    Speedinvest

    & 12 more

  • Employee Count
    Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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
Headcount 10-50
Employee Profiles 11
Employee Profiles
People
Matthias Lothes
Product Manager
People
Fabian Heinrich
CEO & Co-Founder
People
Uciel Sola
Software Engineer
People
Leon Hofmann
Senior Account Executive

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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.

  • Total Funding
  • Total Rounds 3
  • Last Round Series A — $19.9M
  • First Round
  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2025 Amount Series A - Mercanis Valuation Partech Partners , unknown
Aug, 2023 Amount Seed - Mercanis Valuation Signals Venture Capital , DI Technology
Jan, 2021 Amount Seed - Mercanis Valuation Speedinvest
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage tech investments are made in European companies.
Founded Year Domain Location
Early-stage venture capital and startup acceleration are provided.
Founded Year Domain Location
Venture capital is provided to global tech startups and scale-ups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Mercanis

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Mercanis

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mercanis Comparisons

Employees
+
Add Comparison
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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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based end-to-end spend management software is delivered for businesses.
domain founded_year HQ Location
Cloud-based accounting and payroll solutions for small and medium businesses
domain founded_year HQ Location
Procure-to-pay management software is offered for business operations.
domain founded_year HQ Location
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
domain founded_year HQ Location
SaaS spend management software is used to automate procure-to-pay operations.
domain founded_year HQ Location
Procurement management solutions are delivered for business operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mercanis

Frequently Asked Questions about Mercanis

When was Mercanis founded?

Mercanis was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Mercanis located?

Mercanis is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Is Mercanis a funded company?

Mercanis is a funded company, having raised a total of $29.89M across 3 funding rounds to date.

What does Mercanis do?

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.

Who are the top competitors of Mercanis?

Mercanis's top competitors include Coupa, Sage Group and Airbase.

What products or services does Mercanis offer?

Mercanis offers Mercu AI, Sourcing, Supplier Management, Spend Analysis, and Contract Management.

Who are Mercanis's investors?

Mercanis has 13 investors. Key investors include Speedinvest, Partech Partners, Signals Venture Capital, DI Technology, and Ulrich Piepel.

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