About Mercell
Mercell is a Government & Social Sector company based in Oslo (Norway) founded in 1999, and was acquired by Thoma Bravo in May 2022. Online tendering solutions for public and private projects are provided. It operates in the Government & Social Sector and Technology sectors. Mercell has raised $87.78 million across 6 funding rounds from investors including Thoma Bravo, European Union and Viking Venture. Mercell has completed 3 acquisitions, including Cloudia, Negometrix and eu-supply. Its website mercell.com draws about 362 thousand monthly visits. Mercell offers products and services including Tendering Platform, Tender Discovery, and Procurement Planning. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Procure To Pay. Its legal entity is MERCELL DANMARK A/S.
Company details
Mercell was founded in 1999 in Oslo, Norway, as a provider in the procurement technology sector. An eTender System is offered for online tendering to secure government and private projects. Tender Alert is utilized to deliver current information on public sector contracts and tenders. Operations focus on digital platforms that support bidding processes across Europe.
- Headquarters Oslo, Norway
- Stage Acquired
- SectorsGovernment & Social SectorTechnology
- Website category Law and Government · Government
- Email••••••••
- Phone•••• ••••
- Website info.mercell.com/en
- Social LinkedIn
- Acquired by Thoma Bravo (May 2022)
- Legal Name Mercell Danmark A/S
- Net Profit$3.59 M (USD)51as on Dec 31, 2021
- Total Equity Funding$87.78M (USD)
in 6 rounds
- Latest Funding Round$722.88K (USD), Grant
May 2021
- InvestorsThoma Bravo
& 2 more
- Investments & AcquisitionsCloudia
& 2 more
- Acquired byThoma Bravo
(May 2022)
Products & Services of Mercell
Mercell offers a comprehensive portfolio of products and services, including Tendering Platform, Tender Discovery, and Procurement Planning.
Platform for managing public tenders and bids efficiently
Tool for suppliers to identify and access public opportunities
Software for planning and analyzing procurement needs
Funding Insights of Mercell
Mercell has successfully raised a total of $87.78M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $722.88 thousand completed in May 2021. 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 $87.78M
- Total Rounds 6
- Last Round Grant — $722,878
- First Round $64,604
(Jan 2016)
- Investors Count 2
All 6 funding rounds of Mercell 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 |
|---|---|---|---|---|---|
| May 2021 | $722,878 | Grant | – | – | |
| Feb 2021 | Post-IPO | – | – | – | |
| Jun 2020 | $87.78M | Private Equity Round | – | – | – |
| Sep 2018 | Private Equity Round | – | – | ||
| Jan 2018 | $350,082 | Grant | – | – | |
| Jan 2016 | $64,604 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Mercell
Mercell has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Thoma Bravo, European Union and Viking Venture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage tech and energy investments in Europe are targeted. | vikingventure.com | Trondheim, Norway | ||
Software and technology-enabled services companies are targeted for investment. | 1980 | thomabravo.com | Chicago, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Mercell
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Mercell
7 people are tracked at Mercell (2 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Ibrahim En-Nali | Chief Product And Technology Officer | Leadership |
Anton Stokes | Interim Group Director Of Engineering | Leadership |
Nikola Mojic | Senior Product Manager | Team |
Pirasant Premraj | Business Analyst | Team |
Javier Lopez | Group Tech Lead | Team |
Maryam Roshan | Product Manager | Team |
Jacqueline S. | Product Manager | Team |
Complete people profiles for Mercell
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- Team structure
- Board tenure
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Investments & Acquisitions by Mercell
Mercell has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Cloudia, Negometrix and eu-supply.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
SaaS-based procurement solutions are provided by Cloudia for business operations. | cloudia.com | Helsinki, Finland | 2008 | Jun 2021 | $125.12M | |
eProcurement and supplier management software is offered for manufacturers. | negometrix.com | Utrecht, Netherlands | 2000 | Feb 2021 | $32.65M | |
SaaS platform for tender and contract management is utilized. | eu-supply.com | Stockholm, Sweden | 1999 | May 2019 | $20.81M |
Complete acquisition details for Mercell
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Mercell
7 dated milestones of Mercell across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Mercell is founded.
- Funding First funding round of $65K.
- Acquisition Acquires eu-supply.
- Acquisition Acquires Negometrix.
- Funding Latest funding round, Grant, of $723K.
- Acquisition Acquires Cloudia.
- Exit Acquired by Thoma Bravo.
Web traffic of Mercell
The website of Mercell (mercell.com) receives about 362.3K visits a month and ranks #107,098 among all websites worldwide, #3,588 in Government.
- Monthly visits362.3K
▲ 10.3% vs previous month
- Unique visitors102.5K
per month
- Global rank#107,098
among all websites
- Category rank#3,588
Law and Government · Government
- Bounce rate35%
- Pages per visit5.8
- Average visit3 min 56 sec
- DevicesDesktop 72% · Mobile 28%
Websites whose visitors overlap most with Mercell. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
doffin.no | doffin.no | 100% | #338,226 | – | |
tendsign.no | tendsign.no | 88% | #2,025,007 | – | |
kommersannons.se | kommersannons.se | 67% | #627,920 | – | |
| tendersinfo.com | 67% | 98.2K | #413,542 | View details | |
kslaring.no | kslaring.no | 67% | #722,425 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Mercell
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- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Mercell
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Frequently Asked Questions about Mercell
Mercell was founded in 1999 and raised its 1st funding round 17 years after it was founded.
Mercell is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Mercell is a funded company, having raised a total of $87.78M across 6 funding rounds to date. The company's 1st funding round was a Grant of $64.6K, raised on Jan 2016.
Mercell was founded in 1999 in Oslo, Norway, as a provider in the procurement technology sector. An eTender System is offered for online tendering to secure government and private projects. Tender Alert is utilized to deliver current information on public sector contracts and tenders. Operations focus on digital platforms that support bidding processes across Europe.
Mercell offers Tendering Platform, Tender Discovery, and Procurement Planning.
Mercell has made 3 acquisitions, including Cloudia, Negometrix, and eu-supply.
Mercell has 3 investors. Key investors include Thoma Bravo, European Union, and Viking Venture.
Mercell operates through Mercell Danmark A/S.
Yes. Mercell was acquired by Thoma Bravo in May 2022.
The website of Mercell receives about 362 thousand visits a month and ranks #107,098 among all websites worldwide.