Mero - About the company
Mero is a deadpooled company based in London (United Kingdom), founded in 2020. It operates as a Developer of decentralized finance (DeFi) liquidity pools. Mero has raised $3.56M in funding from Advanced Blockchain. The company has 27 active competitors, including 15 that are funded. Its top competitors include companies like Goldfinch, Credix and Jia.
Company Details
Developer of decentralized finance (DeFi) liquidity pools. It offered users the ability to deposit and withdraw funds from various pools, facilitating trading and lending within a decentralized ecosystem. The platform provided smart contracts for managing these pools, allowing users to interact directly with the contracts after a specified withdrawal period. The project has since been wound down, with funds available for withdrawal until a defined date.
- Website
- www.mero.finance
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Deadpooled
Total Funding
$3.56M in 1 round
Latest Funding Round
Investors
Ranked
20th among 27 active competitors
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Mero's funding and investors
Mero has raised a total funding of $3.56M over 1 round. Its latest funding round was a Series A round on Jun 07, 2022 for $*****. 6 investors participated in its latest round. Mero has 6 institutional investors.
Here is the list of recent funding rounds of Mero:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 07, 2022 | 2206276 | Series A | 4770434 | 7875422 | 9584384 | 7350483 |
View details of Mero's funding rounds and investors
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Mero's Competitors and alternates
Top competitors of Mero include Goldfinch, Credix and Jia. Here is the list of Top 10 competitors of Mero, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Goldfinch 2020, Delaware (United States), Series A | Decentralized crypto lending protocol for businesses | $37.7M | 64/100 | |
2nd | Decentralized credit marketplace connecting investors with fintech | $79.8M | 62/100 | ||
3rd | Jia 2022, Los Angeles (United States), Seed | Provider for an online platform offering crypto-based business lending pools | $7.3M | 59/100 | |
4th | Finery Markets 2017, Limassol (Cyprus), Seed | P2P marketplace designed to offer competitive prices for digital assets by aggregating liquidity | $5.5M | 57/100 | |
5th | Decentralized platform for debt capital markets | $3M | 56/100 | ||
6th | Online marketplace for crypto loans | $6.4M | 56/100 | ||
7th | THORChain 2012, Switzerland, Funding Raised | Decentralized liquidity protocol & network | - | 47/100 | |
8th | Decentralized liquidity network providing compliant DeFi solutions | $5.12M | 44/100 | ||
9th | Provider of bitcoin liquidity to a meta-yield stablecoin | $8M | 39/100 | ||
10th | Debt DAO 2021, San Francisco (United States), Seed | Crypto-based P2P lending platform for personal lines of credit | $3.5M | 34/100 | |
20th | Mero 2020, London (United Kingdom), Deadpooled | Developer of decentralized finance (DeFi) liquidity pools | $3.56M | 26/100 |
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Mero's Investments and acquisitions
Mero has made no investments or acquisitions yet.
Reports related to Mero
Here is the latest report on Mero's sector:
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