About Mercu
Mercu is a company based in Singapore (Singapore) founded in 2021 by Jascha Zittel and Elliott Gibb.. Mercu has raised $3.32 million across 3 funding rounds from investors including Peak XV Partners, Surge and 500 Global. Mercu offers products and services including AI Screening, Interview Scheduling, Conversational FAQs, and Smart Workflows. Mercu operates in a competitive market with competitors including HRnetGroup, Hybr1d, PageGroup, Michael Page and EazyHire, among others.
- Headquarter Singapore, Singapore
- Founders Jascha Zittel, Elliott Gibb
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Sectors
TechnologyBusiness 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 Flyp Pte. 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 3 rounds
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Latest Funding Round
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Investors
Peak XV Partners
& 6 more
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Employee Count
Employee Count
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Products & Services of Mercu
Mercu offers a comprehensive portfolio of products and services, including AI Screening, Interview Scheduling, Conversational FAQs, and Smart Workflows. 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.
Automates application parsing and candidate matching based on job requirements.
Handles automated invitations and reminders to reduce no-shows.
Provides instant responses to candidate questions via messaging.
Customizes multi-stage hiring processes for efficiency.
Funding Insights of Mercu
Mercu has successfully raised a total of $3.32M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(08 Dec 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Seed - Mercu | Valuation |
investors |
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| May, 2023 | Amount | Seed - Mercu | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - Mercu | 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 Mercu
Mercu has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Peak XV Partners, Surge and 500 Global. 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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Acceleration is provided to startups across multiple sectors by Surge.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Venture capital invesing in early stage tech 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 Mercu
| 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 - Mercu
| 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 |
Mercu Comparisons
Competitors of Mercu
Mercu 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 HRnetGroup, Hybr1d, PageGroup, Michael Page and EazyHire, 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 |
Recruitment and staffing services are provided by HRnetGroup in Singapore.
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| domain | founded_year | HQ Location |
Platform offering workforce management solutions
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| domain | founded_year | HQ Location |
Recruitment consultancy services are provided to businesses and professionals.
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| domain | founded_year | HQ Location |
Recruitment services and job searches are facilitated across UK industries.
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| domain | founded_year | HQ Location |
Pre-paid fixed fee hiring solution for startups & SMEs
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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 Mercu
Frequently Asked Questions about Mercu
When was Mercu founded?
Mercu was founded in 2021.
Where is Mercu located?
Mercu is headquartered in Singapore, Singapore.
Is Mercu a funded company?
Mercu is a funded company, having raised a total of $3.32M across 3 funding rounds to date. The company's 1st funding round was a Seed of $920K, raised on Dec 08, 2021.
What does Mercu do?
Mercu was founded in 2021 in Singapore as a cloud-based HR automation platform targeted at enterprises. Tools are offered to streamline employee communication during onboarding, training, and engagement through chat applications. Key features encompass shift scheduling, employee engagement surveys, payroll administration, and feedback management. Operations follow a subscription-based pricing model within the HR technology sector.
Who are the top competitors of Mercu?
Mercu's top competitors include PageGroup, Michael Page and HRnetGroup.
What products or services does Mercu offer?
Mercu offers AI Screening, Interview Scheduling, Conversational FAQs, and Smart Workflows.
Who are Mercu's investors?
Mercu has 7 investors. Key investors include Peak XV Partners, Surge, 500 Global, TEN13, and Flying Fox Ventures.
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