On November 3, 2021, Merge, an integrations platform that focuses on B2B use cases, announced that it has raised a $15 million Series A funding round led by Addition, with participation from existing investor NEA and a number of angel investors. Wilson Sonsini Goodrich & Rosati advised Merge on the transaction.
According to Merge co-founder Gil Feig, the fundraise allows the company to commit to growing not just its product and team, but its partnerships, a critical part of the business. “With this round, we’re continuing on our mission to revolutionize how every B2B company approaches its integrations strategy,” he wrote. In addition to the Series A funding, Merge announced partnerships with HR provider BambooHR and application tracking system Lever.
When Merge announced its seed funding with NEA in May 2021, there were 100 companies on its platform; that figure is now more than 600, including several public companies. The company has released several product features since then, including better logs, enhanced webhooks, CSV upload, SAML SSO, and a single-tenant offering; built out integrations for platforms like Oracle Taleo, Jobvite, and Workday HRIS; and grown its team to 20 people.
The Wilson Sonsini team that advised Merge on the transaction included Seth Helfgott, Rob Broderick, Daniel Xo, Adam Shevell, and Matt Staples.
For more information, please see the announcement on Merge’s blog and this TechCrunch article.