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Merit Incentives

Merit Incentives

Private
RiyadhEnterprise Softwarehttps://www.meritincentives.com/

Last Round

Series B

Feb 11, 2025

Total Funding Raised

$57M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Merit Incentives is an engagement technology company that provides a suite of cloud-based SaaS platforms and enterprise solutions for customer loyalty and employee engagement.

Sector

Enterprise Software

Verticals

HR, Customer Experience, Retail Technology, Digital Payments

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting, Payment Processing Fee

AI Layer

Application

Keywords

loyalty managementemployee engagement platformrewards marketplacedigital gift cardsincentive programswhite-label rewardsAPI-driven rewardspoints exchangeemployee recognition softwarecustomer retention platformrewards-as-a-servicecorporate giftingSaaSB2B2C

Historical Pricing

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Caplight Momentum Score

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Merit Incentives Comps

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

Merit Incentives comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Merit Incentives Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BFeb 11, 2025
Growth EquityMay 20, 2024
Series ANov 9, 2021

Key People

Founding team and executive leadership

Julie Barbier

CEO Co-Founder

Founding Team

Rajaa R. Khoder

Group Chief Financial Officer

Executive Team

Waleed Al-Jasser

Chief Operating Officer

Executive Team

Merit Incentives Investors

Notable investors and investment history

Merit Incentives investors
InvestorRounds
Salica InvestmentsSeries B
Salica InvestmentsSeries B, Series A, Growth Equity
Stride VenturesSeries B
Salica Oryx FundSeries B
Impact46Series A
Alistithmar CapitalSeries B, Growth Equity
Stride VenturesSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 21, 2026

    Muhammad Abu Dawood appointed Chairman of the Board of Directors.

  • Jan 28, 2026

    Acquired Synchro Marketing Australia Pty Limited to expand global sales incentives.

Merit Incentives Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Merit Incentives Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Merit Incentives's valuation, stock price, and market status.

Firmographic Details

HeadquartersRiyadh
Employee Range100
Year Founded2016
Last FundingFeb 11, 2025

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