The Ledger

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Disclosure
Melio turned down higher valuations on every funding round
“We turned down higher valuations than the ones we took from our current investors on every round, really. Like, on our A, we had a higher valuation from another VC. On our B, on our C, this last round as well, we always received higher valuations, but we picke…”
Matan Bar Feb 11, 2021 ▶ 30:33 20VC: Scaling to a $1.3Bn Valuation While in Stealth, The Power of Different Network Effects Within Payment Platforms & How To Leverage Your Board and Investor Base for the Most Value with Matan Bar, Founder & CEO @ Melio
Disclosure
Bar: Melio co-founders agreed to partner before having a business idea
“I think we've decided to work together in terms of our shared values. Like, we decided to work together before we had a specific concept in mind.”
Matan Bar Feb 11, 2021 ▶ 4:57 20VC: Scaling to a $1.3Bn Valuation While in Stealth, The Power of Different Network Effects Within Payment Platforms & How To Leverage Your Board and Investor Base for the Most Value with Matan Bar, Founder & CEO @ Melio
Disclosure
Melio reaches 200 employees with 49% female gender breakdown
“Today, we're 200 people, 49% women, 51% men. This was the seed for us to become a truly diverse company. Most of our leadership are women.”
Matan Bar Feb 11, 2021 ▶ 23:36 20VC: Scaling to a $1.3Bn Valuation While in Stealth, The Power of Different Network Effects Within Payment Platforms & How To Leverage Your Board and Investor Base for the Most Value with Matan Bar, Founder & CEO @ Melio
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