How Much Did Melio Raise? Headquarters, Funding & Key Investors

Melio, an acquired New York–based fintech company, has raised $638 million in funding, achieving a $2 billion valuation as of October 2024. Founded in 2018 by Ziv Paz, Ilan Atias, and Matan Bar, Melio provides seamless accounts payable and vendor payment solutions. Its largest round, a $250 million Series D in September 2021, was led by Thrive Capital and General Catalyst. The company’s platform enables SMBs to pay invoices via bank transfers or cards while managing due dates, reminders, and accounting integrations to avoid late payments.

How Much Did Melio Raise? Funding & Key Investors

Melio offers a modern accounts payable and vendor payment platform tailored for small and mid-sized businesses. It simplifies invoice management by allowing users to make payments using bank transfers or credit/debit cards even if vendors only accept checks.

The platform also automates payment scheduling, provides reminders to prevent late fees, and ensures seamless synchronization with accounting tools. By combining flexibility, transparency, and automation, Melio empowers businesses to manage cash flow efficiently and strengthen vendor relationships.

What Is Melio and What Does It Do?

Melio, founded in 2018 by Ziv Paz, Ilan Atias, and Matan Bar, is a New York City-based (United States) financial technology company specializing in accounts payable solutions for vendor payments. Melio employs between 501-1,000 people as of July 2025. The company’s platform enables businesses to send and receive payments quickly through bank transfers or cards, automate billing workflows, and track all vendor transactions in one place.

Melio’s goal is to simplify B2B payments and provide financial agility to SMBs through intuitive digital tools.

How Much Funding Has Melio Raised?

1. Series E

Amount Raised: $150M
Date: October 2024
Lead Investors: Fiserv, Shopify, Capital One Ventures, Accel, Bessemer Venture Partners, Coatue, Frontline Ventures, General Catalyst, Latitude, Thrive Capital
Motivation: To strengthen product capabilities, expand partnerships, and scale payment automation for SMBs globally.

2. Series D

Amount Raised: $250M
Date: September 2021
Lead Investors: Thrive Capital, General Catalyst, Accel, Latitude, Corner Ventures, Bessemer
Motivation: To enhance customer acquisition, build payment infrastructure, and accelerate expansion across U.S. businesses.

3. Series C

Amount Raised: $110M
Date: January 2021
Lead Investors: Coatue, Accel, Aleph, Bessemer Venture Partners, Corner Ventures, LocalGlobe, General Catalyst, American Express Ventures, Latitude Venture Partners, Salesforce Ventures
Motivation: To improve technology integrations, expand the team, and increase platform adoption among SMBs.

Total Funding Raised: $638 Million

Current Valuation: $2 Billion (as of October 2024)

Latest Funding Date: October 2024

Key Investors

1. Thrive Capital

Details: A New York–based venture capital firm focused on internet, software, and fintech investments.
Investment Focus Areas: Fintech, software, and digital commerce.
Notable Investments: Stripe, Nubank, Airtable, and Melio.

2. General Catalyst

Details: A U.S.-based venture capital firm supporting transformative technology companies from early to growth stages.
Investment Focus Areas: Financial services, healthcare, and consumer software.
Notable Investments: Airbnb, Stripe, Snap, and Melio.

3. Coatue Management

Details: A global investment manager focusing on technology-driven industries.
Investment Focus Areas: Fintech, SaaS, AI, and consumer internet.
Notable Investments: DoorDash, ByteDance, and Melio.

Where Is Melio’s Headquarters?

Melio’s headquarters is located in New York City, United States, one of the world’s top financial and technology hubs. The location provides access to a dynamic fintech ecosystem, strategic investor networks, and a diverse talent pool, enabling Melio to scale its accounts payable innovation and expand its business partnerships effectively.

What’s Next for Melio?

Melio aims to further integrate its B2B payment solutions into broader enterprise and banking ecosystems. The company plans to enhance automation, deepen financial analytics, and extend partnerships with payment processors and platforms. With continued backing from global investors, Melio’s next phase focuses on delivering smarter, faster, and more connected financial workflows for small businesses worldwide.

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