About Merchant Growth
Merchant Growth is a company based in Vancouver (Canada) founded in 2009 by David Gens.. Merchant Growth has raised $3.32 million across 2 funding rounds from investors including Comvest Partners. Merchant Growth offers products and services including Term Financing, Line of Credit, E-Commerce Financing, and CEBA Refinance Program. Merchant Growth operates in a competitive market with competitors including Levr, IOU Financial, Dynamic Capital, Thinking Capital and Everyday People Financial, among others.
- Headquarter Vancouver, Canada
- Founders David Gens
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Sectors
Financial Services
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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 Merchant Growth Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.32 M (USD)
in 2 rounds
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Latest Funding Round
$3.32 M (USD), Angel Round
Oct 18, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Merchant Growth
Merchant Growth offers a comprehensive portfolio of products and services, including Term Financing, Line of Credit, E-Commerce Financing, and CEBA Refinance Program. 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.
Provides capital for corporate purposes repaid over 6-24 months.
Offers funds aligned to business needs for operational flexibility.
Tailored funding to build and grow e-commerce businesses.
Refinances emergency business loans with forgiveness options.
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Funding Insights of Merchant Growth
Merchant Growth has successfully raised a total of $3.32M across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $3.32 million completed in October 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $3.3M
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First Round
First Round
(15 Mar 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Angel Round - Merchant Growth | Valuation |
investors |
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| Mar, 2018 | Amount | Debt – Conventional - Merchant Growth | Valuation |
investors |
| 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 Merchant Growth
Merchant Growth has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Comvest Partners. 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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Private equity and credit investment services for North American middle-market companies.
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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 Merchant Growth
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 - Merchant Growth
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Merchant Growth Comparisons
Competitors of Merchant Growth
Merchant Growth 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 Levr, IOU Financial, Dynamic Capital, Thinking Capital and Everyday People Financial, 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 |
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| domain | founded_year | HQ Location |
Online AI-enabled marketplace offering diversified business loans
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| domain | founded_year | HQ Location |
Working capital loan provider to small businesses.
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| domain | founded_year | HQ Location |
Dynamic Capital is engaged in equipment financing and leasing solutions.
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| domain | founded_year | HQ Location |
Business loans and financing are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Partnership-based digital banking platform is offered with financial services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Merchant Growth
Frequently Asked Questions about Merchant Growth
When was Merchant Growth founded?
Merchant Growth was founded in 2009 and raised its 1st funding round 9 years after it was founded.
Where is Merchant Growth located?
Merchant Growth is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Merchant Growth?
David Gens is the current CEO of Merchant Growth. They have also founded this company.
Is Merchant Growth a funded company?
Merchant Growth is a funded company, having raised a total of $3.32M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $23.17M, raised on Mar 15, 2018.
What does Merchant Growth do?
Merchant Growth was founded in 2009 in Vancouver, Canada, as a provider of financing options for small and medium-sized enterprises. Term financing, lines of credit, and e-commerce financing are extended to support various corporate needs. Flexible repayment terms are applied based on client requirements, while a streamlined process is used for applications. Operations focus on efficient capital access within the financial services sector.
Who are the top competitors of Merchant Growth?
Merchant Growth's top competitors include Everyday People Financial, Propel Holdings and IOU Financial.
What products or services does Merchant Growth offer?
Merchant Growth offers Term Financing, Line of Credit, E-Commerce Financing, and CEBA Refinance Program.
Who are Merchant Growth's investors?
Merchant Growth has 1 investor. Key investors include Comvest Partners.
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