About Mermaid Chart
Mermaid Chart is a company based in San Francisco (United States) founded in 2022 by Knut Sveidqvist.. Mermaid Chart has raised $7.5 million across 1 funding round from investors including Open Core Ventures, Sequoia Capital and M12. Mermaid Chart operates in a competitive market with competitors including Clickup, Lucidchart, Glean, Bloomfire and Stardog Union, among others.
- Headquarter San Francisco, United States
- Founders Knut Sveidqvist
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Sectors
Technology
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Email
***********
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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
$7.5 M (USD)
in 1 rounds
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Latest Funding Round
$7.5 M (USD), Seed
Mar 20, 2024
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Investors
Open Core Ventures
& 2 more
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Employee Count
Employee Count
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Funding Insights of Mermaid Chart
Mermaid Chart has successfully raised a total of $7.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.5 million completed in March 2024. 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 1
- Last Round Seed — $7.5M
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First Round
First Round
(20 Mar 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Mermaid Chart | 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 Mermaid Chart
Mermaid Chart has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Open Core Ventures, Sequoia Capital and M12. 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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Open Core Ventures is focused on funding and supporting open core companies built around open source projects.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups are facilitated by M12.
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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 Mermaid Chart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Mermaid Chart
| 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 |
Mermaid Chart Comparisons
Competitors of Mermaid Chart
Mermaid Chart 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 Clickup, Lucidchart, Glean, Bloomfire and Stardog Union, 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 |
Cloud based project management platform
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| domain | founded_year | HQ Location |
Collaborative web-based diagramming and flowcharting tools are offered.
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| domain | founded_year | HQ Location |
Cloud-based platform for enterprise search
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| domain | founded_year | HQ Location |
Cloud-based platform for knowledge management and team collaboration is provided.
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| domain | founded_year | HQ Location |
Developer of an enterprise knowledge graph platform and AI data assistant
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| domain | founded_year | HQ Location |
Bulk gifts are purchased online from various categories in Nigeria.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Mermaid Chart
When was Mermaid Chart founded?
Mermaid Chart was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Mermaid Chart located?
Mermaid Chart is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Mermaid Chart?
Andrew Firestone is the current CEO of Mermaid Chart.
Is Mermaid Chart a funded company?
Mermaid Chart is a funded company, having raised a total of $7.5M across 1 funding round to date. The company's 1st funding round was a Seed of $7.5M, raised on Mar 20, 2024.
What does Mermaid Chart do?
Mermaid Chart was founded in 2022 in San Francisco, United States, as a software tool in the diagramming sector. Operations are conducted via a cloud platform where flowcharts and diagrams are generated from markdown-style text. Real-time collaboration is enabled among team members, with features including a text-based editor and a visual interface. Documentation processes, workflows, and team communication are supported through these functionalities.
Who are the top competitors of Mermaid Chart?
Mermaid Chart's top competitors include Clickup, Glean and Lucidchart.
Who are Mermaid Chart's investors?
Mermaid Chart has 3 investors. Key investors include Open Core Ventures, Sequoia Capital, and M12.
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