Melio founders pocket $100M each in sale to Xero

| Posted on |

Here’s a structured list based on the provided information:

Company Information

  • Startup: Melio
  • Founded: 2018
  • Founders:
    • Matan Bar
    • Ilan Atias

Investors

  • Early Investors:
    • Bessemer Venture Partners
    • Stake: 18%
    • Aleph
    • Stake: 12%

Fundraising Information

  • Expected Returns:
    • Bessemer Venture Partners and Aleph are anticipated to generate returns dozens of times their original investment.

Additional Notes

  • Founder Stake: Matan Bar and Ilan Atias each hold between 7% and 9% of the company, with potential earnings of roughly $100 million each.
  • Bar’s Role: Matan Bar is expected to lead the merged company’s U.S. operations under Xero.

If you need more specific details about fundraise series or dates, please provide additional information.

Source link

2025-06-25 11:06:59