Funding round
Merama Series B
Merama, which works in e-commerce business investment and partnership services in Mexico City, raised $225M in a Series B round announced on 28 Sep 2021, led by Advent International and SoftBank Group, at a $850M post-money valuation. 7 firms took part, 6 of them already investors. It is Merama's first venture round on record.
$225M
Amount raised
$850M
Post-money valuation
7
Investors
2 leads
26%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Merama at $850M after the new money. The $225M bought investors about 26% of the company. It is Merama's first venture round on record, 1 year after it was founded in 2020. It is 51% of the $440M Merama has raised in the venture rounds on record. Merama raised again 43 months later: a Growth round of $215M in Apr 2025, at $1.00B post-money.
Merama's funding rounds
Merama has 2 venture rounds on record and 1 other deal. This one is highlighted.
- Series B this round 28 Sep 2021, led by Advent International and SoftBank Group $225M$850M post-money
- Debt not a venture round 23 Apr 2024, led by JP Morgan $80M
- Growth 14 Apr 2025, led by SoftBank Group Corp. $215M$1.00B post-money
Investors
Who put money in
Advent International and SoftBank Group led the round with 5 other firms. Advent International, SoftBank Group, Monashees and Valor Capital Group and 2 more had backed Merama before.
Lead investors
- Advent International backs 36 venture-backed companies existing investor
- SoftBank Group existing investor
Also in the round
- Globo Ventures new investor
- Monashees backs 73 venture-backed companies existing investor
- backs 74 venture-backed companies existing investor
- Balderton Capital backs 140 venture-backed companies existing investor
- backs 21 venture-backed companies existing investor
Joined the board: Wilson Rosa (Advent International), Paulo Passoni (SoftBank Group) and Alex Szapiro (SoftBank Group).
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
The closest in time: 1 in Holding Companies, then Series B rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Holding Companies | 25 Jan 2021 | $40M | not disclosed | OCA Ventures and Greycroft |
| Sorare Tech Companies | 21 Sep 2021 | $680M | $4.30B | SoftBank |
| DeepRoute.ai Tech Companies | 14 Sep 2021 | $300M | $1.00B | Alibaba Group |
| Biotechnology | 20 Sep 2021 | $250M | not disclosed | ArrowMark Partners |
| Aspire Payment Processing & Point of Sale | 26 Sep 2021 | $158M | not disclosed | DST Global |
| Hosting & Cloud Infrastructure Providers | 21 Sep 2021 | $155M | $1.25B | SoftBank Vision Fund |
| Lilac Chemicals | 22 Sep 2021 | $150M | $554M | Lowercarbon Capital and T. Rowe Price |
| Aerospace and Defence | 22 Sep 2021 | $150M | $1.00B | Insight Partners and Venrock |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Merama raise in its Series B round?
Merama raised $225M in its Series B round, announced in Sep 2021.
Who led Merama's Series B round?
Advent International and SoftBank Group led it, with Globo Ventures, Monashees, Valor Capital Group, Balderton Capital and MAYA Capital.
What was Merama's valuation at the Series B round?
$850M post-money.
Did Merama raise again after this round?
Yes: a Growth round in Apr 2025 of $215M at $1.00B post-money.