About Merit Circle
Merit Circle is a company based in Amsterdam (Netherlands) founded in 2021.. Merit Circle has raised $4.5 million across 3 funding rounds from investors including GMoney, Yield Guild Games and DSM Corridor. Merit Circle offers products and services including Swap, Bridge, OS, Sphere, and Apps. Merit Circle operates in a competitive market with competitors including Yield Guild, IndiGG, Cross The Ages, Illuvium and W3GG, among others.
- Headquarter Amsterdam, Netherlands
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Sectors
TechnologyMedia & Entertainment Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.5 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
GMoney
& 17 more
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Employee Count
Employee Count
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Products & Services of Merit Circle
Merit Circle offers a comprehensive portfolio of products and services, including Swap, Bridge, OS, Sphere, and Apps. 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.
App for secure token swapping in blockchain ecosystems.
Service to link different blockchain networks for data transfer.
Blockchain-based OS supporting gaming and application development.
Environment for immersive blockchain gaming experiences.
Collection of blockchain apps for user interactions and resources.
Funding Insights of Merit Circle
Merit Circle has successfully raised a total of $4.5M 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
(07 Oct 2021)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Seed - Merit Circle | Valuation | Maven 11 |
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| Nov, 2021 | Amount | Token Sale - Merit Circle | Valuation |
investors |
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| Oct, 2021 | Amount | Seed - Merit Circle | Valuation | DeFiance Capital , Mechanism Capital |
| 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 Merit Circle
Merit Circle has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include GMoney, Yield Guild Games and DSM Corridor. 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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Venture capital is provided to tech startups by Maven 11.
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Founded Year | Domain | Location | |
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Crypto-native investment firm focusing on Web3, DeFi, gaming, and infrastructure assets globally.
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Founded Year | Domain | Location | |
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Advisory, venture capital, and startup services for blockchain are provided.
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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 Merit Circle
| 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 - Merit Circle
| 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 |
Merit Circle Comparisons
Competitors of Merit Circle
Merit Circle 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 Yield Guild, IndiGG, Cross The Ages, Illuvium and W3GG, 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 |
Play-to-earn gaming guilds are facilitated for blockchain-based NFT games.
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| domain | founded_year | HQ Location |
Online community-based gaming platform
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| domain | founded_year | HQ Location |
Developer of NFT-based PC games
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| domain | founded_year | HQ Location |
NFT-focused open-world RPGs are developed on blockchain.
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| domain | founded_year | HQ Location |
Guild partnerships for blockchain and NFT games are facilitated.
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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 Merit Circle
Frequently Asked Questions about Merit Circle
When was Merit Circle founded?
Merit Circle was founded in 2021.
Where is Merit Circle located?
Merit Circle is headquartered in Amsterdam, Netherlands.
Who is the current CEO of Merit Circle?
Marco van den Heuvel is the current CEO of Merit Circle.
Is Merit Circle a funded company?
Merit Circle is a funded company, having raised a total of $4.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Oct 07, 2021.
What does Merit Circle do?
Merit Circle was founded in 2021 in Amsterdam, Netherlands, within the gaming sector focused on metaverse environments. PC-based games including Star Atlas, Illuvium, Hash Rush, and Axie Infinity are developed by the company. Operations also encompass the creation of a platform to support multiple metaverse games, facilitating integration and accessibility across digital ecosystems.
Who are the top competitors of Merit Circle?
Merit Circle's top competitors include Yield Guild, IndiGG and Avocado DAO.
What products or services does Merit Circle offer?
Merit Circle offers Swap, Bridge, OS, Sphere, and Apps.
Who are Merit Circle's investors?
Merit Circle has 18 investors. Key investors include GMoney, Yield Guild Games, DSM Corridor, OP Crypto, and Maven 11.
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