About Mercaris
Mercaris is a company based in Silver Spring (United States) founded in 2012 was acquired by Argus Media in June 2023.. Mercaris has raised $9.17 million across 5 funding rounds from investors including Argus Media, Omidyar Network and S2G Ventures. The company has 9 employees as of December 31, 2022. Mercaris operates in a competitive market with competitors including CME Group, Smartwyre, trueEX, Railbird and AgMark, among others.
- Headquarter Silver Spring, United States
- Employees 9 as on 31 Dec, 2022
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Sectors
AgricultureTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mercaris Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.17 M (USD)
in 5 rounds
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Latest Funding Round
$3.86 M (USD), Series A
Apr 16, 2020
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Investors
Argus Media
& 4 more
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Employee Count
9
as on Dec 31, 2022
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Acquired by
Argus Media
(Jun 27, 2023)
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Funding Insights of Mercaris
Mercaris has successfully raised a total of $9.17M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3.86 million completed in April 2020. 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 Funding
- Total Rounds 5
- Last Round Series A — $3.9M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series A - Mercaris | Valuation |
investors |
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| Sep, 2016 | Amount | Series A - Mercaris | Valuation |
investors |
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| Sep, 2014 | Amount | Series A - Mercaris | Valuation | S2G Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mercaris
Mercaris has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Argus Media, Omidyar Network and S2G Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Stage agnostic venture capital firm
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Founded Year | Domain | Location | |
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Seed stage venture capital firm investing in US
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Founded Year | Domain | Location | |
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A sustainable initiative for Hawai‘i’s resilience is supported.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mercaris
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mercaris
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mercaris Comparisons
Competitors of Mercaris
Mercaris 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 CME Group, Smartwyre, trueEX, Railbird and AgMark, 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 |
Online trading and financial data exchange marketplace for capital assets
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| domain | founded_year | HQ Location |
Input pricing software is developed for agricultural distributors.
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| domain | founded_year | HQ Location |
Electronic platform for executing interest rate swaps is operated.
|
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| domain | founded_year | HQ Location |
Risk management, price discovery, and data solutions are provided.
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| domain | founded_year | HQ Location |
Offers grain marketing, market data, and agricultural services to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mercaris
Frequently Asked Questions about Mercaris
When was Mercaris founded?
Mercaris was founded in 2012.
Where is Mercaris located?
Mercaris is headquartered in Silver Spring, United States. It is registered at Silver Spring, Maryland, United States.
Is Mercaris a funded company?
Mercaris is a funded company, having raised a total of $9.17M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Nov 06, 2012.
How many employees does Mercaris have?
As of Dec 31, 2022, the latest employee count at Mercaris is 9.
What does Mercaris do?
Mercaris was founded in 2012 in Silver Spring, United States, within the agricultural commodities sector. Market data and a trading platform focused on organic, non-GMO, and certified grains are offered. Information is gathered from grain handlers across regions via weekly surveys on cash prices for identity-preserved grains. Access to the trading platform is subject to a service fee, while transportation arrangements are handled directly by buyers and sellers.
Who are the top competitors of Mercaris?
Who are Mercaris's investors?
Mercaris has 5 investors. Key investors include Argus Media, Omidyar Network, S2G Ventures, Kapor Capital, and Ulupono Initiative.