Fundz

Melio Raises $144M to keep Small Businesses in Business by Simplifying their B2B Payments

RECENTLY ACQUIREDSep 08, 2020

Amount Raised

$144 Million

Round Type

Funding Round

New YorkFinancial Services

Description

Melio, a B2B payments company helping small businesses digitally manage their supplier payments, has raised $144m to reach more small businesses across the US as they shift to digital solutions to help manage the economic effects of Covid-19.

Quick answer

Melio raised $144 Million in a Funding Round round, dated September 8, 2020. Melio is based in New York, New York, United States.

How much did Melio raise?
Melio raised $144 Million in a Funding Round round on September 8, 2020.
What does Melio do?
Melio is a leading B2B payments platform for small businesses, enabling them to quickly and seamlessly transfer and receive payments, improving cash flow and workflow.
Where is Melio based and how big is it?
Melio is based in New York, New York, United States. Fundz records about 600 employees.
Who are the decision-makers at Melio?
Fundz holds 3 contacts at Melio, including the Head of Talent Acquisition. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Melio that raised within 45 days of this round, from Fundz verified event records.

  • GreenSky raised $2B (Funding Round) on October 23, 2020.
  • Rialtic raised $15M on October 22, 2020.
  • Neural Payments raised $9.7M (Seed) on October 22, 2020.
  • Relay Financial Technologies Inc. raised $4.4M (Seed) on October 20, 2020.
  • Augmedix raised $26M on October 19, 2020.
  • Augmedix raised $30M on October 19, 2020.

Who to call at Melio, and when

A new round usually means Melio is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Melio raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Melio, from your own LinkedIn network

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Company Information

Company

Melio

Location

New York, New York, United States

About

Melio is a leading B2B payments platform for small businesses, enabling them to quickly and seamlessly transfer and receive payments, improving cash flow and workflow. The company offers accounts payable and receivable as a service through integrations with financial institutions, software providers, and marketplaces, transforming how money is transferred between businesses.

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Fundz sees it the moment Melio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsTahel R., Head of Talent Acquisition hiddenSee plans and pricing
Predictive Intelligence
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Melio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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