About Mezi
Mezi is a company based in San Francisco (United States) founded in 2015 was acquired by American Express Ventures in January 2018.. Mezi has raised $11.8 million across 2 funding rounds from investors including Nexus Venture Partners, Saama Capital and American Express Ventures. The company has 46 employees as of April 09, 2024. Mezi operates in a competitive market with competitors including nate, Blutag, Mona, Grab My Bag and Iris Nova, among others.
- Headquarter San Francisco, United States
- Employees 46 as on 09 Apr, 2024
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Sectors
TechnologyTravel & Hospitality
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Phone
*********
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Website
*********
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Social
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- Legal Name Mezi Commerce Private Limited
- Date of Incorporation 16 Oct, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$399.93 K (USD)0as on Mar 31, 2016
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Net Profit
$35.65 K (USD)0as on Mar 31, 2016
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EBITDA
$54.39 K (USD)0as on Mar 31, 2016
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Total Equity Funding
$11.8 M (USD)
in 2 rounds
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Latest Funding Round
$9 M (USD), Series A
Jul 26, 2016
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Investors
Nexus Venture Partners
& 5 more
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Employee Count
46
as on Apr 09, 2024
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Acquired by
American Express Ventures
(Jan 30, 2018)
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Leadership Team
492 people
Software Development Team
373 people
Senior Team
132 people
Sales and Marketing
128 people
Product Management Team
69 people
Finance and Accounting
46 people
Data Analysis and Operations Team
42 people
Legal and Compliance
37 people
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Funding Insights of Mezi
Mezi has successfully raised a total of $11.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in July 2016. 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 Series A — $9.0M
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First Round
First Round
(11 Dec 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Series A - Mezi | Valuation | American Express Ventures | |
| Dec, 2015 | Amount | Seed - Mezi | 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 Mezi
Mezi has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Nexus Venture Partners, Saama Capital and American Express Ventures. 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 investments and partnerships in diverse sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital firm that partners with entrepreneurs for product-first 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 Mezi
| 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 - Mezi
| 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 |
Mezi Comparisons
Competitors of Mezi
Mezi 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 nate, Blutag, Mona, Grab My Bag and Iris Nova, 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 |
Multi-category products are retailed via a mobile app platform.
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| domain | founded_year | HQ Location |
Cloud-based software solutions for voice applications are provided to retailers.
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| domain | founded_year | HQ Location |
Mona is developed as an AI-powered personal shopping assistant.
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| domain | founded_year | HQ Location |
Airport luggage delivery services are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Delivers SaaS-based software for text-enabled shopping experiences.
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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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Latest news on Mezi
Frequently Asked Questions about Mezi
When was Mezi founded?
Mezi was founded in 2015.
Where is Mezi located?
Mezi is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Mezi a funded company?
Mezi is a funded company, having raised a total of $11.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.8M, raised on Dec 11, 2015.
How many employees does Mezi have?
As of Apr 09, 2024, the latest employee count at Mezi is 46.
What is the annual revenue of Mezi?
Annual revenue of Mezi is $399.93K as on Mar 31, 2016.
What does Mezi do?
Founded in 2015 in San Francisco, United States, Mezi functions as a personal shopping assistant and concierge app within the consumer services sector. Users are linked to human expert shoppers, called Mezis, through text messaging for product discovery and purchases. Operations rely on human-powered assistance to handle shopping needs, with the platform facilitating direct communication between consumers and specialists.
Who are Mezi's investors?
Mezi has 6 investors. Key investors include Nexus Venture Partners, Saama Capital, American Express Ventures, Gokul Rajaram, and Amit Singhal.
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