Mercator.ai

Private

CalgaryEnterprise Softwarehttps://www.mercator.ai/

Last Round

Seed

Mar 21, 2023

Total Funding Raised

$4.53M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Mercator.ai is a construction technology company that provides an AI-powered business development platform to help contractors, real estate developers, and suppliers identify and qualify early-stage construction projects.

Sector

Enterprise Software

Verticals

Construction Tech, Business Intelligence, Vertical SaaS

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

construction technologycontechconstruction intelligenceproject lead generationvertical SaaSbusiness development softwareconstruction project trackingAI research assistantconstruction copilotdata integrationpredictive project signalsconstruction pipeline managementnatural language processingNLPmachine learningML

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Mercator.ai Comps

Public and private peers based on sector, stage, and business model.

Mercator.ai comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Mercator.ai Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Seed	Mar 21, 2023
Pre Seed	Jun 27, 2022

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Key People

Founding team and executive leadership

Stephen Tse

Chief Technology Officer

Executive Team

Mercator.ai Investors

Notable investors and investment history

Mercator.ai investors
Investor	Rounds
Builders VC	Seed
The51	Pre Seed, Seed
Mistral Venture Partners	Pre Seed
Fresh Founders	Pre Seed
Freestyle Ventures	Seed
StandUp Ventures	Seed, Pre Seed
Zacua Ventures	Seed

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Market signals

Structured signals derived from secondary market and firmographic data.

Feb 16, 2026
Added Aggtech Concrete, a construction/building materials SMB, as a customer.
Feb 16, 2026
Added ChalkLine, a construction technology startup, as a customer.

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Mercator.ai Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
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Mercator.ai Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Mercator.ai's valuation, stock price, and market status.

Firmographic Details

HeadquartersCalgary

Employee Range31

Year Founded2020

Last FundingMar 21, 2023

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