Tech Company Financing Transactions
Merit Systems Funding Round
Merit Systems, based in New York, secured $10 million from Andreessen Horowitz, Blockchain Capital and private investors.
Transaction Overview
Company Name
Announced On
1/17/2025
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Andreessen Horowitz (Lead Investor)
Blockchain Capital (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
224 West 35th Street 500, Number 2218
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Sustainable open source economics start with automated ownership. Merit adds rich attribution information to software version control systems like Github. It allows capital sources to route funds to codebases and incentivize builders directly. Tying this capital to impact creates a dynamic market where innovation thrives and builders flourish.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Mason Hall
Founder
Sam Ragsdale
Founder
Ryan Sproule
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