Melio
Founded Year
2018Stage
Series E | AliveTotal Raised
$654MValuation
$0000Last Raised
$150M | 4 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+78 points in the past 30 days
About Melio
Melio develops accounts payable solutions. The company offers services that allow businesses to pay their bills, send invoices, and receive payments online, as well as make international payments and automate their bill payment process. Its accountant dashboard enables integrations, team management, easy bill capture, and more. It primarily serves the business-to-business (B2B) payments in logistics, healthcare, construction, non-profit, and retail industries. It was founded in 2018 and is based in New York, New York.
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Melio's Products & Differentiators
Melio Pay
Pay any invoice with a bank transfer for FREE, or use your credit card to defer payment and earn rewards (2.9% fee). Vendors receive a check or a bank deposit.
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Research containing Melio
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Melio in 6 CB Insights research briefs, most recently on Jan 14, 2025.
Jan 14, 2025 report
State of Fintech 2024 Report
Dec 14, 2023
Cross-border payments market map
Expert Collections containing Melio
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Melio is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,258 items
SMB Fintech
1,648 items
Payments
3,082 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
9,394 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Fintech 100
499 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Silicon Valley Bank's Fintech Network
88 items
We mapped out some of SVB's biggest clients, partnerships, and sectors that it serves using CB Insights’ business relationship data from SVB’s profile to uncover just how important it is to the fintech universe. The list is not exhaustive.
Melio Patents
Melio has filed 5 patents.
The 3 most popular patent topics include:
- antibiotics
- autoimmune diseases
- biotechnology
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
6/14/2021 | 10/17/2023 | Molecular biology, Yeasts, Biotechnology, Antibiotics, Lactobacillales | Grant |
Application Date | 6/14/2021 |
|---|---|
Grant Date | 10/17/2023 |
Title | |
Related Topics | Molecular biology, Yeasts, Biotechnology, Antibiotics, Lactobacillales |
Status | Grant |
Latest Melio News
Jan 10, 2025
Despite broader market uncertainties, New York City’s tech ecosystem demonstrated remarkable resilience in the fourth quarter of 2024, with several companies securing substantial funding rounds. Leading the pack was Cyera, raising an impressive $300M Series D round for its AI-powered data security platform, while fintech stalwart Melio secured $150M to further revolutionize B2B payments. The quarter’s funding activity spanned diverse sectors, from digital health and financial technology to artificial intelligence and neuroscience, reinforcing NYC’s position as a dynamic hub for innovation across multiple industries. Here’s a detailed look at the largest funding rounds that closed in NYC during Q4 2024. AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Investors in the round: Emergence Capital, Founder Collective, Homebrew Month of Funding: October Founders: Alex Levin, Rebecca Greene Founding year: 2020 Total equity funding raised: $82.1M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Series A Description: Xscape Photonics provides photonic chips for high-speed connections in high-performance computing systems and data centers. Investors in the round: Altair, Cisco Investments, Fathom Fund, IAG Capital Partners, Kyra Ventures, LifeX Ventures, NVIDIA, OUP (Osage University Partners) Month of Funding: October Founders: Alexander Gaeta, Vivek Raghunathan, Yoshi Okawachi Founding year: 2022 Total equity funding raised: $57.0M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Investors in the round: Addition, Dynamic Loop Capital, Google Ventures, PSG Equity, Samsung NEXT Month of Funding: October Founders: Adam Rimon, Amihai Neiderman Founding year: 2018 Total equity funding raised: $94.5M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Venture Description: HUMAN is a cybersecurity company that protects the internet and enterprises from fraud and sophisticated bot attacks. Investors in the round: ClearSky, Goldman Sachs Asset Management, NightDragon, Vertex Ventures US, WestCap Month of Funding: October Founders: Ash Kalb, Dan Kaminsky, Michael Tiffany, Tamer Hassan Founding year: 2012 Total equity funding raised: $198.6M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Venture Description: Lightning AI is the first operating system for AI. Build AI models and Lightning Apps (end to end ML systems). Investors in the round: Cisco Investments, JP Morgan, K5 Global, NVIDIA Month of Funding: November Founders: Luis Capelo, William Falcon Founding year: 2019 Total equity funding raised: $108.5M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Investors in the round: Glilot Capital Partners, Lightspeed Venture Partners, NFX, Picture Capital Month of Funding: November Founders: Guy Baron, Yodar Shafrir Founding year: 2022 Total equity funding raised: $79.5M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Series C Description: Oshi Health is a digital health platform that provides personalized support and resources for people with digestive health conditions. Investors in the round: Bessemer Venture Partners, CVS Health Ventures, Flare Capital Partners, Frist Cressey Ventures, Oak HC/FT, Takeda Digital Ventures Month of Funding: October Founders: Sam Holliday, Sameer Berry, Sona Chandra Founding year: 2019 Total equity funding raised: $119.5M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Series C Description: Eon is a cloud backup posture management platform that provides instant access to all backed-up cloud data. Investors in the round: Bond, Greenoaks, Lightspeed Venture Partners, Sequoia Capital Month of Funding: November Founders: Gonen Stein, Ofir Ehrlich, Ron Kimchi Founding year: 2024 Total equity funding raised: $197.0M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Series C Description: Imprint provides co-branded credit cards by collaborating with global brands to enhances user experience and rewards Investors in the round: Khosla Ventures, Kleiner Perkins, Ribbit Capital, Thrive Capital Month of Funding: October Founders: Daragh Murphy, Gaurav Ahuja, Michael Pechman Founding year: 2020 Total equity funding raised: $202.0M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Investors in the round: Andreessen Horowitz, WestCap Month of Funding: October Founders: Andrew Wang, Eric Chiang, Jonathan Hsu Founding year: 2019 Total equity funding raised: $197.1M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Investors in the round: B Capital, Duquesne Family Office, General Equity Holdings, Steadview Capital Month of Funding: December Founders: Benjamin Rapoport, Demetrios Papageorgiou, Mark Hettick, Michael Mager Founding year: 2021 Total equity funding raised: $155.0M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Series D Description: Public is a fractional investing platform that allows members to build diverse portfolios, including stocks, ETFs, crypto, and NFTs. Investors in the round: Accel Month of Funding: December Founders: Jannick Malling, Leif Abraham, Matt Kennedy, Peter Quinn, Sean Hendelman Founding year: 2019 Total equity funding raised: $413.5M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Series F Description: Maven is a digital health platform that works with health plans and employers to offer virtual services for women‚Äôs and family health. Investors in the round: Dragoneer Investment Group, General Catalyst, Icon Ventures, Lux Capital, Oak HC/FT, Sequoia Capital, StepStone Group Month of Funding: October Founders: Katherine Ryder, Suzie Grange Founding year: 2014 Total equity funding raised: $417.1M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Series E Description: Melio is a fintech company that gives small businesses a way to digitally manage their business-to-business payments and receivables. Investors in the round: Accel, Bessemer Venture Partners, Capital One Ventures, Coatue, Fiserv, Frontline Ventures, General Catalyst, Latitude, Shopify Ventures, Strait Capital, Thrive Capital Month of Funding: October Founders: Ilan Atias, Matan Bar, Ziv Paz Founding year: 2018 Total equity funding raised: $654.0M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale. Round: Series D Description: Cyera is an AI-powered data security platform that gives enterprises deep context on their data to assure cyber-resilience and compliance. Investors in the round: Accel, Coatue, Georgian, Redpoint, Sapphire Ventures, Sequoia Capital Month of Funding: November Founders: Tamar Bar-Ilan, Yotam Segev Founding year: 2021 Total equity funding raised: $764.5M AlleyWatch connects innovators and entrepreneurs who are shaping the future of technology worldwide. As a leading regional tech media platform, we serve as the essential hub for startups, investors, and industry leaders. Whether you’re looking to boost your brand visibility, generate quality leads, or establish thought leadership, we offer strategic solutions to reach our influential audience. Our platform gives you direct access to key decision-makers throughout New York’s thriving business ecosystem and the broader tech community. Learn more about advertising to NYC Tech at scale.
Melio Frequently Asked Questions (FAQ)
When was Melio founded?
Melio was founded in 2018.
Where is Melio's headquarters?
Melio's headquarters is located at 124 East 14th Street, New York.
What is Melio's latest funding round?
Melio's latest funding round is Series E.
How much did Melio raise?
Melio raised a total of $654M.
Who are the investors of Melio?
Investors of Melio include Accel, Coatue, Bessemer Venture Partners, General Catalyst, Latitude and 17 more.
Who are Melio's competitors?
Competitors of Melio include Conduit, SumUp, Airwallex, Crezco, Denario and 7 more.
What products does Melio offer?
Melio's products include Melio Pay and 2 more.
Who are Melio's customers?
Customers of Melio include Joe Hill, Pecorino Cheese Shop and Theresa Pittman.
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Compare Melio to Competitors
Tipalti is a global payables automation company that specializes in streamlining all phases of the accounts payable and payment management workflow. The company offers a cloud-based platform that simplifies the management of supplier payments, encompassing supplier onboarding, tax and regulatory compliance, invoice processing, and payments to suppliers worldwide in various methods and currencies. Tipalti's solutions are designed to reduce the workload for accounts payable departments and enhance financial and compliance controls. It was founded in 2010 and is based in Foster City, California.
Stripe provides services for businesses to manage online and in-person payments. The company offers products including payment processing Application Programming Interfaces (APIs), payment tools, and solutions for handling subscriptions, invoicing, and financial reports. Stripe serves sectors such as e-commerce, Software as a Service (SaaS), platforms, marketplaces, and the creator economy. Stripe was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.
Paystand specializes in business-to-business (B2B) payments, leveraging software as a service (SaaS) and blockchain technology within the financial services industry. The company offers a suite of products designed to automate and digitize the entire cash cycle, including accounts receivable and payment processing, while eliminating transaction fees. Its solutions cater to various sectors such as construction, food and beverage, insurance, manufacturing, medical suppliers, and environmental industries. It was founded in 2013 and is based in Scotts Valley, California.
ToneTag specializes in soundwave-based communication and payment technologies within the financial and retail sectors. The company offers a range of products that facilitate contactless payments, voice-assisted transactions, and sound-based data communication for businesses and customers, ensuring secure and convenient interactions. ToneTag's solutions cater to various business types, including grocery, food and beverage, and banking services, providing them with tools for in-store and online operations. It was founded in 2013 and is based in Bengaluru, India.
TouchBistro focuses on providing an all-in-one point of sale (POS) and restaurant management system in the restaurant industry. The company offers a range of services, including front-of-house, back-of-house, and guest engagement solutions, which help restaurateurs streamline their operations, manage their menu, sales, staff, and more. Its services are designed to increase sales, improve guest experiences, and save time and money. It was founded in 2011 and is based in Toronto, Canada.
Chargezoom provides accounts receivable automation and payment processing within the financial technology sector. The company offers services such as digital invoicing, recurring payments, payment terminals, and customer portals, utilizing artificial intelligence to assist in the billing and collection process. Chargezoom's platform aims to reduce administrative workload and ensure PCI compliance for businesses. It was founded in 2019 and is based in Irvine, California.
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