When was Mercanis founded?

Mercanis was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Mercanis located?

Mercanis is headquartered in Berlin, Germany.

Who is the current CEO of Mercanis?

Fabian Heinrich of Mercanis. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Mercanis associated with?

Mercanis is associated with CdC3 GmbH.

How many employees does Mercanis have?

As of Jul 31, 2026, the latest employee count at Mercanis is 78.

Is Mercanis a funded company?

Mercanis is a funded company, having raised a total of $29.9M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 10, 2021.

When was the latest funding round of Mercanis?

Mercanis' latest funding was a $***** Series A round on Jun 19, 2025, with participation from 6 investors.

Where does Mercanis rank among its competitors?

Mercanis ranks 16th amongst 238 active competitors, of which 42 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was SkySelect, which secured $9M in Mar, 2026.

Who are the top competitors of Mercanis?

Mercanis' top competitors include Coupa, Zaggle and Airbase. Among them, SkySelect secured the most recent funding round in March, 2026.

Mercanis - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of an AI procurement platform with autonomous agent deployment. The platform offers solutions for sourcing, supplier management, contract lifecycle management, and risk mitigation. It provides features such as intelligent purchase request routing, vendor performance tracking, and real-time supply chain risk monitoring. The platform also offers AI-driven procurement insights and reporting, along with automated coordination across procurement workflows.

Website: www.mercanis.com/
Email ID: *****@mercanis.com

Key Metrics

Founded Year

2020

Location

Berlin, Germany

Stage

Series A

Total Funding

$29.9M in 3 rounds

Latest Funding Round

Series A, Jun 19, 2025, $*****

Investors

Speedinvest & 22 more

Ranked

16^th among 238 active competitors

Employee Count

78 as on Jul 31, 2026

Similar Companies

Coupa & 289 more

View Mercanis' full profile

Mercanis is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CdC3 GmbH CIN: HRB221095 , Vanuatu, Active	Sep 13, 2020	-	-	-

Mercanis has raised a total funding of $29.9M over 3 rounds. Its first funding round was on Jan 10, 2021. Its latest funding round was a Series A round on Jun 19, 2025 for $*****. 6 investors participated in its latest round. Mercanis has 11 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Mercanis:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 19, 2025	9321063	Series A	7218225	6729002	2984930	1937596
Aug 17, 2023	1668293	Seed	6600925	4654237	3550658	Ulrich Piepel & 4 more
Jan 10, 2021	2717955	Seed	7278046	4930388	Speedinvest	Jonathan Teklu & 3 more

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View details of Mercanis's funding rounds and investors

The founders of Mercanis are Fabian Heinrich, Juan Vidal, Satya Kamal Raparthi and Moritz Weiermann. Fabian Heinrich is the CEO of Mercanis.

Here are the details of Mercanis' key team members:

Fabian Heinrich: CEO & Co-Founder of Mercanis and founder of 2 other companies, PLVY and Scoutbee. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 phone number
Juan Vidal: Co-Founder of Mercanis.
Contact Info: 1 phone number
Satya Kamal Raparthi: Co-Founder of Mercanis.
Moritz Weiermann: Co-Founder & COO of Mercanis.

View details of Mercanis's Founder profiles and Board Members

Mercanis' employee count trend

Mercanis has 78 employees as of Jul 26. Here is Mercanis's employee count trend over the years:

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Top competitors of Mercanis include Coupa, Zaggle and Airbase. Here is the list of Top 10 competitors of Mercanis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, T. Rowe Price & 18 others	86/100
2nd	Zaggle 2011, Mumbai (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Mavericks, Bengal Finance and Investment ... & 33 others	80/100
3rd	Airbase 2017, San Francisco (United States), Acquired	Provider of a platform integrating human resources, finance, and information technology	$91M	Bain Capital Ventures, First Round Capital ... & 22 others	72/100
4th	Procurify 2012, Vancouver (Canada), Series C	SaaS-enabled end-to-end spend management software	$82.5M	Information Venture Partners, Ten Coves Capital ... & 22 others	69/100
5th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
6th	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Accel, Schroders Capital & 30 others	68/100
7th	SkySelect 2011, San Francisco (United States), Series A	Provider of an AI-powered platform for aircraft parts procurement and sourcing	$9M	The Rock Creek Group, Verb Ventures & 12 others	64/100
8th	Dice 2018, Pune (India), Acquired	Provider of spend management and digital commerce platform for enterprises	$6.55M	IIT Mandi Catalyst, Dallas Venture Capital ... & 13 others	64/100
9th	Ivalua 2000, Redwood City (United States), Series B	Provider of cloud-based platform for spend, procurement, and supplier management	$134M	Tiger Global Management, KKR & 8 others	62/100
10th	Proactis 1996, Wetherby (United Kingdom), Acquired	Provider of cloud-based spend management and e-procurement software	-	Eiffel Investment Group, HSBC & 2 others	62/100
16th	Mercanis 2020, Berlin (Germany), Series A	Provider of an AI procurement platform with autonomous agent deployment	$29.9M	Speedinvest, DI Mittelstand & 21 others	56/100