Who founded Merit Systems?

Merit Systems was founded by Ryan Sproule, Sam Ragsdale in 2024.

Who are Merit Systems's investors?

Merit Systems's investors include a16z crypto, Andreessen Horowitz, Blockchain Capital, Framework Ventures, Not Boring Capital, Susa Ventures.

How much funding has Merit Systems raised?

Merit Systems has disclosed $9.7M raised across 1 round.

Where is Merit Systems headquartered?

Merit Systems is headquartered in New York, US.

Merit Systems

New York, US · Founded 2024 · Delaware corporation · 9 employees on LinkedIn · 8 known investors

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Merit Systems develops an agentic commerce developer tool designed to enable individual teams to operate independently. The platform focuses on modernizing how small teams approach commerce and business automation.

Developer Tools Enterprise Software

Founders & leadership

Merit Systems was founded in 2024 by Ryan Sproule and Sam Ragsdale.

Ryan Sproule Founder & CTORyan Sproule founded Merit Systems in 2024. Previously, he led engineering at Blockchain Capital and worked as a software development engineer at Amazon Web Services, where he focused on cloud infrastructure and blockchain-related projects.

Sam Ragsdale Founder & CEOAnalyst at Andreessen Horowitz

Investors · 8

a16z cryptolisted by a16z cryptoMenlo Park

How we know: a16z crypto's portfolio page · coinspeaker.com · the VCSheet dataset · Not right? Tell us

Andreessen Horowitzlisted by Andreessen HorowitzMenlo Park · $500K – $50M

How we know: a16z's portfolio · Not right? Tell us

Blockchain CapitalreportedSan Francisco · $25K – $200K

How we know: funding news · news.fintech.io · Not right? Tell us

Framework VenturesreportedSan Francisco · $250K – $40M

How we know: a partner's Signal profile · Not right? Tell us

Not Boring CapitalreportedNew York · $100K – $2M

How we know: a partner's Signal profile · Not right? Tell us

Susa VenturesreportedSan Francisco · $1M – $5M

How we know: a partner's Signal profile · Not right? Tell us

Also in the syndicate · 2

a16z's crypto fundleadAndreessen Horowitz's crypto fundlead

Reported raises · per SEC filings

Form D private placements

$9.7M disclosed across 1 round · 2024

▶$9.7MraisedOct 2024 · 2 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Samuel RagsdaleExecutive Officer, Director
Ryan SprouleExecutive Officer, Director

Offering amount: $10M
Amount sold: $9.7M
First sale: Oct 2024
Incorporated: Corporation, Delaware, 2024
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 4

Merit AmericaMerit America provides career training and skills development programs to help individuals advance to middle-class employment, having served over 15,000 learners nationwide with a 75% success rate in career outcomes. The organization operates with a mission-driven model focused on building equitable pathways to economic opportunity.

MeritfirstUnable to extract - page content is corrupted or not a valid company website.

ميريتMerit provides loyalty management, rewards, and employee engagement platforms that help businesses retain customers and motivate employees through customizable points programs, gift card solutions, and redemption systems.

Merit MedicalMerit Medical Systems designs, develops, manufactures and markets medical devices for interventional and diagnostic procedures. The company serves healthcare providers and clinical practitioners in the medical device industry.

Companies working in the same space as Merit Systems.

Frequently asked questions

What does Merit Systems do?: Merit Systems develops an agentic commerce developer tool designed to enable individual teams to operate independently. The platform focuses on modernizing how small teams approach commerce and business automation.
Who founded Merit Systems?: Merit Systems was founded by Ryan Sproule, Sam Ragsdale in 2024.
Who are Merit Systems's investors?: Merit Systems's investors include a16z crypto, Andreessen Horowitz, Blockchain Capital, Framework Ventures, Not Boring Capital, Susa Ventures.
How much funding has Merit Systems raised?: Merit Systems has disclosed $9.7M raised across 1 round.
Where is Merit Systems headquartered?: Merit Systems is headquartered in New York, US.