Merlin AI - About the company
Merlin AI is a seed company based in Irvine (United States), founded in 2022 by Kumar Siddhartha and Ayantika Dey. It operates as an AI-powered platform for construction management. Merlin AI has raised $500K in funding from Y Combinator and Neon. The company has 2101 active competitors, including 163 funded and 98 that have exited. Its top competitors include companies like Procore, ServiceTitan and BuildOps.
Company Details
AI-powered platform for construction management. The platform offers solutions that include sales management, financial management, procurement management, workflow management, and more.
Key Metrics
Founded Year
2022
Location
Irvine, United States
Stage
Seed
Total Funding
$500K in 2 rounds
Latest Funding Round
Investors
Ranked
89th among 2101 active competitors
Legal entities associated with Merlin AI
Merlin AI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MERLIN AI, INC. CIN: 7216836 , United States, Active | Jan 04, 2023 | - | - | - |
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Merlin AI's funding and investors
Merlin AI has raised a total funding of $500K over 2 rounds. Its first funding round was on 2024. Its latest funding round was a Seed round on Jul 15, 2024 for $*****. 1 investor participated in its latest round. Merlin AI has 2 institutional investors.
Here is the list of recent funding rounds of Merlin AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 15, 2024 | 8999138 | Seed | 2547869 | 7651986 | 5086592 | 3289574 |
2024 | 1458 | Seed | 7796 | 1961 | 6209 |
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Merlin AI's founders and board of directors
Founder? Claim ProfileThe founders of Merlin AI are Kumar Siddhartha and Ayantika Dey.
Here are the details of Merlin AI's key team members:
- Kumar Siddhartha: Co-Founder of Merlin AI and founder of 1 other company. Contact Info: 1 email address
- Ayantika Dey: Co-Founder of Merlin AI.
View details of Merlin AI's Founder profiles and Board Members
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Merlin AI's Competitors and alternates
Top competitors of Merlin AI include Procore, ServiceTitan and BuildOps. Here is the list of Top 10 competitors of Merlin AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Procore 2003, Carpinteria (United States), Public | SaaS-driven project management software for construction professionals | $406M | 80/100 | |
2nd | ServiceTitan 2007, Glendale (United States), Public | Developer of business management software for residential and commercial contractors | $1.1B | 80/100 | |
3rd |  BuildOps 2018, Santa Monica (United States), Series C | Software solution for facility management and commercial contractors | $226M | 70/100 | |
4th | Provider of SaaS-driven communication and collaboration software for construction professionals | $15.6M | 70/100 | ||
5th | Provider of construction and real estate management software platform solutions | $103M | 68/100 | ||
6th | Trunk Tools 2021, New York City (United States), Series B | Provide software for project leaders to address the skilled labor shortage and align workers incentives | $70M | 63/100 | |
7th | Provider of data, forecasts, and software for energy market participants | $54M | 62/100 | ||
8th | Viewpoint 1976, Newcastle Upon Tyne (United Kingdom), Acquired | Provider of construction enterprise resource planning and project management software | $86M | 61/100 | |
9th |  Bobyard 2023, Cupertino (United States), Series A | Provider of AI-based software solutions for project management | $73.9M | 61/100 | |
10th | Sitetracker 2013, Palo Alto (United States), Series D | Provider of asset lifecycle management platform for critical infrastructure projects | $153M | 60/100 | |
89th |  Merlin AI 2022, Irvine (United States), Seed | AI-powered platform for construction management | $500K | 39/100 |
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Merlin AI's Investments and acquisitions
Merlin AI has made no investments or acquisitions yet.
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