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Melius pivots to AI ad creative and raises $25M

1 report1 sourceupdated 1 hour ago

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TechCrunch reports that Melius, founded by former Ramp engineers, first set out to build AI performance-marketing tools, then dropped that product, rewrote its codebase and moved to generating ad creative and campaigns. The company came out of stealth in July and passed $1M in annualized revenue within two months. On October 7 it was reported that Melius has raised $25M in total: a $5M seed round led by General Catalyst and a $20M Series A led by CRV.

Written by AI from the coverage · updated 55 minutes ago

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Oct 7
  1. TechCrunch · AI
    Ex-Ramp engineers raise $20M for platform Melius after scrapping their first product

    前 Ramp 工程师创立的 AI 广告创意平台 Melius 完成 2500 万美元融资,包括 CRV 领投的 2000 万美元 A 轮和 General Catalyst 领投的 500 万美元种子轮。该公司 7 月结束隐身状态后两个月内年化营收突破 100 万美元,此前曾放弃原定的 AI 效果营销工具,彻底重写代码库转向生成广告创意与campaign。

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