When was Merqueo founded?

Merqueo was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is Merqueo located?

Merqueo is headquartered in Bogota, Colombia.

Who is the current CEO of Merqueo?

Sebastian Noguera Escallon of Merqueo. They have also founded 1 company.

How many employees does Merqueo have?

As of Sep 30, 2026, the latest employee count at Merqueo is 467.

Is Merqueo a funded company?

Merqueo is a funded company, having raised a total of $86M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 14, 2019.

When was the latest funding round of Merqueo?

Merqueo's latest funding was a $***** Series C round on May 19, 2022, with participation from 2 investors.

Where does Merqueo rank among its competitors?

Merqueo ranks 2nd amongst 15 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was JOKR, which secured $50M in Sep, 2023.

Who are the top competitors of Merqueo?

Merqueo's top competitors include Instaleap, JOKR and Muni. Among them, JOKR secured the most recent funding round in September, 2023.

Merqueo - 2026 Company Profile, Team, Funding & Competitors

Company Details

Merqueo is an online retailer of grocery products. Offers products from over 10 categories including fruits & vegetables, dairy & eggs, pantry, meats, snacks, frozen items, drinks, baby products, personal care products, pet products, pharmacy, etc. Users can place the orders through the mobile app or on the website. It has its own delivery team.

Website: merqueo.com
Social
Email ID: *****@serpnames.com

Key Metrics

Founded Year

2015

Location

Bogota, Colombia

Stage

Public

Total Funding

$86M in 3 rounds

Latest Funding Round

Series C, May 19, 2022, $*****

Investors

Portland Private Equity & 15 more

Ranked

2^nd among 15 active competitors

Employee Count

467 as on Sep 30, 2026

Similar Companies

Swiggy & 153 more

Exit Details

Public

View Merqueo's full profile

Merqueo got listed on Dec 27, 2022.

Click here to take a look at Merqueo's IPO in detail

Merqueo has raised a total funding of $86M over 3 rounds. Its first funding round was on Feb 14, 2019. Its latest funding round was a Series C round on May 19, 2022 for $*****. 2 investors participated in its latest round. Merqueo has 16 institutional investors.

Here is the list of recent funding rounds of Merqueo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 19, 2022	5004315	Series C	2928051	5576920	5616523	2541125
Jul 29, 2021	8048614	Series C	9363793	2662595	2293697	MGM Innova Group & 2 more
Feb 14, 2019	5897555	Series A	6088319	5293488	Portland Private Equity	Endeavor & 2 more

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View details of Merqueo's funding rounds and investors

The founders of Merqueo are Jose Guillermo Calderon Ardila and Sebastian Noguera Escallon. Sebastian Noguera Escallon is the CEO of Merqueo.

Here are the details of Merqueo's key team members:

Jose Guillermo Calderon Ardila: Co-Founder of Merqueo.
Sebastian Noguera Escallon: Co-Founder & CEO of Merqueo.

View details of Merqueo's Founder profiles and Board Members

Merqueo's employee count trend

Merqueo has 467 employees as of Sep 26. Here is Merqueo's employee count trend over the years:

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Top competitors of Merqueo include Instaleap, JOKR and Muni. Here is the list of Top 10 competitors of Merqueo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Instaleap 2015, Bogota (Colombia), Acquired	Platform for supermarkets, pharmacies and retailers to manage online delivery operations	$20.2M	Grupo Pegasus, Redwood Ventures & 2 others	65/100
2nd	Merqueo 2015, Bogota (Colombia), Public	Online retailer of grocery products	$86M	IDC Ventures, Palm Drive Capital & 14 others	59/100
3rd	JOKR 2021, Luxembourg (Luxembourg), Series D	Online platform offering multi-category grocery products	$530M	HV Capital, G Squared & 20 others	56/100
4th	Muni 2020, Bogota (Colombia), Series A	App-based marketplace offering multi-category grocery supplies	$27M	Lightspeed Venture Partners, Monashees & 12 others	50/100
5th	Mercadoni 2015, Bogota (Colombia), Deadpooled	On demand grocery delivery from nearby stores	$15.2M	LAVCA, Everaldo	39/100
6th	Quqo 2018, Bogota (Colombia), Seed	App-based platform offering multi-category grocery products	$1M	Touchstone	36/100
7th	Guineo 2016, Barranquilla (Colombia), Unfunded	Online platform to order grocery products	-	-	25/100
8th	iMarkt.co 2020, Bogota (Colombia), Unfunded	Online platform offering groceries	-	-	24/100
9th	Market Place Colombia 2016, Bogota (Colombia), Funding Raised	Online marketplace platform offering multi-category grocery supplies	-	Startup Growth Advisors	20/100
10th	Bejjur 2020, Adilabad (India), Unfunded	Online grocery store offering multi-category products	-	-	20/100