On October 24, 2022, Merge, a Unified API for B2B integrations, announced the close of a $55 million Series B funding round led by Accel, with participation from existing investors NEA and Addition. This brings the company's total funding to $75 million. Over the last 12 months since the Series A fundraise, Merge has rapidly grown annual recurring revenue by a factor of 26 as SaaS companies expand their use of Merge's Unified API. Wilson Sonsini Goodrich & Rosati advised Merge on the transaction.

Merge provides the tools to transform how B2B companies realize customer-facing integrations. Start-ups often struggle in building these integrations due to development costs, long-term maintenance needs, and lack of experience working with each API platform. In response, Merge has announced an expansion of its free Unified API for early-stage start-ups that are building their first integrations. The expanded free plan allows companies to offer integrations to their first five customers, and then transitions to a flat monthly cost for the next fifteen. This plan will create new opportunities for start-ups to more quickly achieve product-market fit and to rapidly expand their addressable market.

The Wilson Sonsini team that advised Merge on the transaction included Seth Helfgott, Robert Broderick, and Daniel Xo.

For more information, please see Merge's press release.