Israeli fintech company Meliio raises appx. USD 250 million at almost USD 4 Billion valuation
Melio has closed a Series D financing round, raising approximately USD 250 million from existing and new investors, at a valuation of USD 4 Billion.
Gross Law advised on the financing round, which was co-led by Thrive Capital and General Catalyst, represented by Goldfarb Seligman. Tiger Global Management also invested in the round, along with existing investors Accel, Bessemer, Coatue Management, Corner Ventures, and Latitude.
The Gross Law team included partner Amir Raz, associates Oren Kedmi and Shai Yom Tov, and intern Lior Shichman, while Goldfarb Seligman’s team comprised Michael Heller, Vice Head of its International Corporate and Securities department, together with associate Yoni Braunold.
Israeli B2B platform Melio enables businesses to pay suppliers directly from within the QuickBooks accounting software, which is popular among small businesses in the US.
