Melio was founded by Ilan Atias in 2018.

Who are Melio's investors?

Melio's investors include Accel, Aleph, Bessemer Venture Partners, Capital One Ventures, Clocktower Ventures, Coatue Management, First Cheque, Frontline Ventures and 11 more.

Melio

Founded 2018 · 697 employees on LinkedIn · 19 known investors

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Melio is a payments platform for handling business accounts payable and receivable, letting companies pay vendor bills by card or bank transfer, send domestic and international payments, and get paid via invoices and payment links. It offers AI-powered bill capture and workflow automation, approval controls, and two-way sync with accounting software like QuickBooks, Xero, and NetSuite, and is aimed at small businesses and accounting firms.</parameter> <parameter name="products">[{"name": "Agent Mel", "description": "An AI payment assistant that answers questions about bills, payments, and vendors and automates payment workflows.", "kind": "product"}]

AI & Machine Learning Enterprise Software Fintech SaaS

Founders & leadership

Melio was founded in 2018 by Ilan Atias.

Ilan Atias Co-Founder, CTOPreviously, he served as VP of R&D at Windward, a maritime analytics company, where he led engineering and data science teams.

Matan BarFounder

Mridu SinhaFounder

Tomer BarelFounder

Ziv PazFounder

Investors · 19

Accellisted by AccelPalo Alto · $500K – $100M

How we know: Accel's portfolio page · melio.com · open dataset · 5k.vc investor directory · Not right? Tell us

Alephlisted by AlephTel Aviv

How we know: Aleph's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Bessemer Venture Partnerslisted by Bessemer Venture PartnersSan Francisco · $50K – $100M

How we know: Bessemer Venture Partners's portfolio page · melio.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Capital One Ventureslisted by Capital One VenturesMcLean

How we know: Capital One Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Clocktower Ventureslisted by Clocktower VenturesSanta Monica · $100K – $20M

How we know: Clocktower Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Coatue Managementlisted by Coatue ManagementNew York · $1M – $20M

How we know: melio.com · open dataset · 5k.vc investor directory · Not right? Tell us

First Chequelisted by First ChequeMumbai · $500K

How we know: First Cheque's portfolio page · Not right? Tell us

Frontline Ventureslisted by Frontline VenturesSan Francisco · $540K – $3.2M

How we know: Frontline Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

LocalGlobelisted by LocalGlobeLondon

How we know: phoenixcourt.vc · open dataset · 5k.vc investor directory · Not right? Tell us

Phoenix Courtlisted by Phoenix CourtLondon

American Express Ventures (Amex)reported

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Corner VenturesreportedNew York

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Cove FundreportedIrvine · $250K – $1M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

General CatalystreportedSan Francisco · $30M

How we know: melio.com · open dataset · 5k.vc investor directory · Not right? Tell us

Latitudereported$1M – $5M

How we know: melio.com · Not right? Tell us

M-One CapitalreportedOmaha

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

SOSVreportedNew York · $30K – $550K

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Thrive CapitalreportedNew York · $500K – $25M

How we know: melio.com · open dataset · 5k.vc investor directory · Not right? Tell us

Tiger Global ManagementreportedNew York · $1M – $100M

How we know: melio.com · open dataset · 5k.vc investor directory · Not right? Tell us

Funding

SEC filings, press & company announcements

Undisclosed amountSeries ENov 2024
Source ↗
Undisclosed amountSeries EOct 2024
Source ↗
Undisclosed amountSeries DSep 2021
General Catalyst (lead), Thrive Capital (lead), Accel, Bessemer, Coatue, Corner Ventures, Latitude, Tiger Global Management
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

4 people who came through Melio went on to found or lead other companies.

Tomer BarelPresidentFounded Lightspark Tal KirschenbaumDirector of Product / New Product and Business LeadFounded Ledge Ariel WeissSenior Product ManagerFounded Ledge Ariel BlumDirector of PaymentsFounded Receive

Related companies · 10

Bill.com Holdings, Inc.BILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.

GoCardlessGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.

StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.

IntuitIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.

WiseWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.

RampRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.

TipaltiTipalti is an AI-powered finance automation platform that automates accounts payable, mass payments, procurement, and employee expenses for growing companies. The platform serves businesses seeking to streamline financial operations and reduce manual finance tasks.

HighradiusHighRadius provides software for order-to-cash and treasury finance operations, including credit, collections, deductions, cash application, and invoicing and payments automation. It serves large enterprises and Fortune 1000 companies looking to improve financial performance metrics such as Days Sales Outstanding.

Capital OneCapital One is a financial services company that offers credit cards, checking and savings accounts, auto financing, and business banking products to consumers and small businesses. The company provides digital banking tools, rewards programs, and credit monitoring services.

Block IncBlock, formerly Square, runs the Square seller platform, Cash App, Afterpay and TIDAL, plus the TBD and Bitkey bitcoin businesses. Founded by Jack Dorsey and Jim McKelvey in San Francisco in 2009, it is listed on the NYSE as XYZ.

Companies working in the same space as Melio.

In the news

Melio Raises $250M, Triples Valuation to $4Bmelio.com · Sep 2021

Frequently asked questions

What does Melio do?: Melio is a payments platform for handling business accounts payable and receivable, letting companies pay vendor bills by card or bank transfer, send domestic and international payments, and get paid via invoices and payment links. It offers AI-powered bill capture and workflow automation, approval controls, and two-way sync with accounting software like QuickBooks, Xero, and NetSuite, and is aimed at small businesses and accounting firms.</parameter> <parameter name="products">[{"name": "Agent Mel", "description": "An AI payment assistant that answers questions about bills, payments, and vendors and automates payment workflows.", "kind": "product"}]
Who founded Melio?: Melio was founded by Ilan Atias in 2018.
Who are Melio's investors?: Melio's investors include Accel, Aleph, Bessemer Venture Partners, Capital One Ventures, Clocktower Ventures, Coatue Management, First Cheque, Frontline Ventures and 11 more.