Merlin Labs - About the company
Merlin Labs is a public company based in Boston (United States), founded in 2017 by Matt George. It operates as a Developer of AI-enabled autonomous pilot software for civil and military aviation. Merlin Labs has raised $134M in funding from Baillie Gifford and Snowpoint Ventures. The company has 50 active competitors, including 8 funded and 9 that have exited. Its top competitors include companies like Thales, Shield AI and Daedalean.
Company Details
Developer of AI-enabled autonomous pilot software for civil and military aviation. The software translates pilot skills into certified autonomous software. It manages all phases of flight, adjusting for conditions and mission demands. The pilot follows flight paths, avoids obstacles, adjusts for traffic, and understands airspace rules. It interacts with air traffic control and engages with human systems.
- Website
- merlinlabs.com
- Registered Address
- 31 Saint James Ave, Boston, Massachusetts 02116, US
Key Metrics
Founded Year
2017
Location
Boston, United States
Stage
Public
Total Funding
$134M in 2 rounds
Latest Funding Round
Investors
Ranked
6th among 50 active competitors
Employee Count
187 as on Mar 31, 2026
Exit Details
Public
Legal entities associated with Merlin Labs
Merlin Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Merlin Labs, Inc CIN: 83-2225245 , United States, Active | Oct 09, 2018 | - | 44 (As on Dec 31, 2021) | - |
Merlin Labs's IPO details
Merlin Labs got listed on Mar 17, 2026.
Click here to take a look at Merlin Labs's IPO in detail
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Merlin Labs's funding and investors
Merlin Labs has raised a total funding of $134M over 2 rounds. Its first funding round was on May 26, 2021. Its latest funding round was a Series B round on Jul 13, 2022 for $*****. 5 investors participated in its latest round. Merlin Labs has 10 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Merlin Labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 13, 2022 | 1533978 | Series B | 6438740 | 4843781 | 3389539 | 7713957 |
May 26, 2021 | 1972594 | Series B | 3744513 | 2992885 | 3025474 |
View details of Merlin Labs's funding rounds and investors
Merlin Labs' founders and board of directors
Founder? Claim ProfileThe founders of Merlin Labs is Matt George. Matt George is the CEO of Merlin Labs.
Here are the details of Merlin Labs' key team members:
- Matt George: Founder & CEO of Merlin Labs. Contact Info: 1 email address
View details of Merlin Labs's Founder profiles and Board Members
Merlin Labs' employee count trend
Merlin Labs has 187 employees as of Mar 26. Here is Merlin Labs's employee count trend over the years:
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Merlin Labs's Competitors and alternates
Top competitors of Merlin Labs include Thales, Shield AI and Daedalean. Here is the list of Top 10 competitors of Merlin Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI-based software suites for navigation applications | - | 82/100 | ||
2nd | Shield AI 2015, San Diego (United States), Series F | Developer of AI-powered platforms and software for defense applications | $1.17B | 68/100 | |
3rd | Daedalean 2016, Zurich (Switzerland), Acquired | Developer of airborne systems for flight autonomy | $69.8M | 67/100 | |
4th | Reliable Robotics 2010, Mountain View (United States), Series C | Provider of automatic flight control systems | $134M | 62/100 | |
5th | Woodward 1870, Fort Collins (United States), Public | Design and manufactures control systems for aircraft engines | - | 58/100 | |
6th | Merlin Labs 2017, Boston (United States), Public | Developer of AI-enabled autonomous pilot software for civil and military aviation | $134M | 60/100 | |
7th | Developer of unmanned aerial vehicles, command and control systems, and software | - | - | 52/100 | |
8th | Xwing 2016, San Francisco (United States), Series B | Developer of autonomous aircraft technologies | $57.2M | 48/100 | |
9th | Metavonics 2021, Rance (France), Series A | Developer of modular avionics hardware and software for aircraft systems | $8.56M | 44/100 | |
10th | MiraCheck CoPilot 2016, Pittsburgh (United States), Unfunded | Developer of a voice-activated digital co-pilot system for aviation | - | - | 35/100 |
Looking for more details on Merlin Labs's competitors? Click here to see the top ones
Merlin Labs's Investments and acquisitions
Merlin Labs has made no investments or acquisitions yet.
Reports related to Merlin Labs
Here is the latest report on Merlin Labs's sector:
News related to Merlin Labs
Media has covered Merlin Labs for a total of 12 events in the last 1 year, 6 of them have been about company updates and 3 about people movement.
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Merlin, Inc. Common Stock (NASDAQ:MRLN) Upgraded at Zacks ResearchMarketBeat•Apr 17, 2026•Merlin Labs, Zacks Investment Research
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Merlin Expands Executive Team Ahead of Public ListingBusiness Wire•Nov 19, 2025•Merlin Labs, Textron
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Merlin Appoints Ryan Carrithers as Chief Financial Officer, Increasing Public Market ReadinessBusiness Wire•Nov 04, 2025•Merlin Labs
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Merlin Establishes Hanscom Field as New Flight Test Hub to Advance AI in AviationBusiness News This Week•Sep 19, 2025•Merlin Labs
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