When was Mercoa founded?

Mercoa was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Where is Mercoa located?

Mercoa is headquartered in San Francisco, United States.

How many employees does Mercoa have?

As of Jun 30, 2026, the latest employee count at Mercoa is 4.

Is Mercoa a funded company?

Mercoa is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2023.

When was the latest funding round of Mercoa?

Mercoa's latest funding was a $***** Seed round on 2023, with participation from 1 investor.

Where does Mercoa rank among its competitors?

Mercoa ranks 42nd amongst 67 active competitors, of which 23 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Tipalti, which secured $200M in Sep, 2025.

Who are the top competitors of Mercoa?

Mercoa's top competitors include Tipalti, MineralTree and Lumanu. Among them, Tipalti secured the most recent funding round in September, 2025.

Mercoa - 2026 Company Profile, Funding & Competitors

Mercoa is a seed company based in San Francisco (United States), founded in 2018. It operates as an API-enabled invoice payment solution for businesses. Mercoa has raised $500K in funding from Y Combinator. The company has 67 active competitors, including 23 funded and 12 that have exited. Its top competitors include companies like Tipalti, MineralTree and Lumanu.

Company Details

API-enabled invoice payment solution for businesses. Provides payers and vendors with multiple payment methods to pay and get paid with pay by card, buy-now and pay-later, invoice factoring, and more. Offer revenue-generating accounts payable with a single integration.

Website: mercoa.com
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Key Metrics

Founded Year

2018

Location

San Francisco, United States

Stage

Seed

Total Funding

$500K in 1 round

Latest Funding Round

Seed, 2023, $*****

Investors

Y Combinator & 1 more

Ranked

42^nd among 67 active competitors

Employee Count

4 as on Jun 30, 2026

Similar Companies

Spendesk & 223 more

View Mercoa's full profile

Mercoa has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. Mercoa has 2 institutional investors.

Here is the list of recent funding rounds of Mercoa:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	3841	Seed	9666	5768	2358	8721

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View details of Mercoa's funding rounds and investors

Mercoa's employee count trend

Mercoa has 4 employees as of Jun 26. Here is Mercoa's employee count trend over the years:

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Top competitors of Mercoa include Tipalti, MineralTree and Lumanu. Here is the list of Top 10 competitors of Mercoa, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, G Squared & 22 others	73/100
2nd	MineralTree 2010, Cambridge (United States), Acquired	Cloud-based accounts payable solutions for businesses	$123M	Great Hill Partners, Eight Roads Ventures ... & 3 others	62/100
3rd	Lumanu 2016, Milwaukee (United States), Series A	Influencer discovery and marketing platform	$17M	Capital Midwest Fund, Gener8tor & 14 others	62/100
4th	Incedo 2011, Santa Clara (United States), Funding Raised	Provider of AI and data transformation services and platform solutions	-	Mission Holdings	60/100
5th	Finexio 2015, San Mateo (United States), Series B	Provider of accounts payable automation and payment processing solutions for businesses	$83.5M	Patriot Financial Partners, National Bank Holdings ... & 40 others	58/100
6th	Solo Technologies 2020, Seattle (United States), Seed	Online platform offering income, and expenses tracking solutions to individuals	$5.3M	Slow Ventures, Expa & 9 others	57/100
7th	Nvoicepay 2009, Beaverton (United States), Acquired	Provider of AP automation, commercial cards, and cross-border payment solutions	$28.8M	Napier Park Global Capital, Mosaik Partners ... & 5 others	57/100
8th	Eved 2010, Chicago (United States), Series C	Provides spend management and payments platform for businesses	$31.4M	MK Capital, Pritzker Group & 4 others	55/100
9th	Corpay One 2016, Atlanta (United States), Acquired	Provider of spend management platform and smart corporate card solutions	$9.58M	QED Investors, 9Yards & 6 others	53/100
10th	Koverly 2020, Concord (United States), Series A	Accounting and payments management platform	$26.6M	One Way Ventures, Accomplice & 1 others	52/100
42nd	Mercoa 2018, San Francisco (United States), Seed	API-enabled invoice payment solution for businesses	$500K	Dunbar Capital, Y Combinator	28/100