About Mercer
Mercer is a Retail company based in Los Angeles (United States) founded in 2016. Mercer is recognized as a leading AI-powered platform for fashion design and production. It operates on a SaaS (Software-as-a-Service) and Subscription Services model in Retail and Technology sectors. Mercer has raised $3 million across 1 funding round from investors including Real Ventures and Maersk Growth. Mercer offers products and services including AI Designer Tool, Collection Management, and Enterprise Production Solutions. Its focus areas include Software and Fashion Tech. Its legal entity is Mercer Design Studio, Inc. Its competitors include Centric Software, Backbone PLM and Gerber Technology; 2 of its 3 listed competitors have raised funding.
Company details
Mercer is established as an all-in-one platform for fashion professionals, including independent designers, small fashion houses, and established brands. It is utilized to unify product development, production, and logistics through AI-driven tools. Solutions are provided for designing, collaborating, and managing collections with features like AI Designer tools, task management, and centralized asset storage. The platform serves the fashion industry by optimizing creative workflows and maintaining brand consistency through custom AI models. Enterprise solutions are also offered for production management and access to a global manufacturing network.
- Total Equity Funding$3M (USD)
in 1 rounds
- Latest Funding Round$3M (USD), Seed
Jul 2020
- InvestorsReal Ventures
& 1 more
Products & Services of Mercer
Mercer offers a comprehensive portfolio of products and services, including AI Designer Tool, Collection Management, and Enterprise Production Solutions.
AI tool used for designing fashion products efficiently.
Platform used to manage fashion collection assets centrally.
Solutions provided for production and manufacturing logistics support.
Funding Insights of Mercer
Mercer has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in July 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 $3M
- Total Rounds 1
- Last Round Seed — $3M
- First Round $3M
(Jul 2020)
- Investors Count 2
All 1 funding rounds of Mercer 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 |
|---|---|---|---|---|---|
| Jul 2020 | $3M | Seed | – | Real Ventures, Maersk Growth | – |
2 investors in total: 2 institutional.
Investors in Mercer
Mercer has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Real Ventures and Maersk Growth.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital is provided to Canadian technology startups by Real Ventures. | realventures.com | Montreal, Canada | ||
VC fund focused on early stage trade & logistics sectors | growth.maersk.com | Copenhagen, Denmark |
Investor details for Mercer
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Timeline of Mercer
2 dated milestones of Mercer across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Mercer is founded.
- Funding First funding round of $3.0M.
Competitors of Mercer
Mercer has 3 listed competitors in our database, 2 of them funded. They include Centric Software, Backbone PLM and Gerber Technology.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| centricsoftware.com | 1997 | Los Gatos, United States | $80.92M | 165 | Platform offering software product lifecycle management software | |
| backboneplm.com | 2013 | Denver, United States | $18.58M | 27 | Web-based PLM tool is provided for fashion brands' collaboration. | |
| gerbertechnology.com | 1968 | Tolland, United States | 355 | PLM solutions are provided for fashion design and manufacturing. |
Detailed competitors of Mercer
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- Full competitor set
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Web traffic of Mercer
Websites that share an audience with Mercer (ca.la).
Websites whose visitors overlap most with Mercer. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| browzwear.com | 100% | 100.2K | #274,873 | View details | |
lookfashion.ai | lookfashion.ai | 99% | #1,101,215 | – | |
| refabric.com | 81% | 6.4K | #3,382,448 | View details | |
| veesual.ai | 81% | 5K | #4,013,120 | View details | |
| calaproduct.com | 57% | 680.7K | #1,050,133 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Mercer
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as Mercer (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Related news about Mercer
Complete news archive for Mercer
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Frequently Asked Questions about Mercer
Mercer was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Mercer is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Mercer is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Jul 2020.
Mercer is established as an all-in-one platform for fashion professionals, including independent designers, small fashion houses, and established brands. It is utilized to unify product development, production, and logistics through AI-driven tools. Solutions are provided for designing, collaborating, and managing collections with features like AI Designer tools, task management, and centralized asset storage. The platform serves the fashion industry by optimizing creative workflows and maintaining brand consistency through custom AI models. Enterprise solutions are also offered for production management and access to a global manufacturing network.
Mercer's top competitors include Centric Software, Backbone PLM and Gerber Technology.
Mercer offers AI Designer Tool, Collection Management, and Enterprise Production Solutions.
Mercer has 2 investors. Key investors include Real Ventures, and Maersk Growth.
Mercer operates through Mercer Design Studio, Inc..