Private Market View

Merge Labs

San Francisco, CA · Founded 2025 · Privately Held (backing)

Last price · $/share
Implied valuation
$850.0M
Total raised
$252.0M
Last round

Key facts

  • Merge Labs’s last known valuation is $850.0M (Jan 2026).
  • It has raised $252.0M; the latest was Seed Round ($252.0M) in Jan 2026.
  • Notable investors include Fifty Years, Bain Capital, OpenAI, Gabe Newell, Interface Fund.
  • 1 investment vehicle was formed to buy Merge Labs shares in the last 12 months, reporting $623K sold to 13 investors, per SEC Form D filings.
  • Status: Privately Held (backing).
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Funding rounds

No rounds on record

No funding rounds for Merge Labs are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Secondary demand: investment vehicles

from SEC Form D filings

In the last 12 months, 1 investment vehicle were formed to buy Merge Labs shares, reporting $623K sold to 13 investors. Most recent filing Dec 2025. Vehicles like these are how secondary buyers pool demand for a name; a rising count is a demand signal.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 1 vehicle

About Merge Labs

Operator of a research laboratory that develops brain-computer interface technologies designed to enable high-bandwidth communication between the brain and external systems. The company leverages molecular engineering, non-invasive signaling modalities such as ultrasound, and advanced artificial intelligence to interface with neural activity at scale without requiring implanted electrodes.

Sector
Healthcare
HQ
San Francisco, CA, United States
Founded
2025
Employees
32
Website
merge.io/
Ownership
Privately Held (backing)
PA Mark — not yet priced

Merge Labs doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.

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Recorded secondary trades

No prints on record

No secondary trades in Merge Labs shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

Pro members can request priority coverage with a 48-hour turnaround.

Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on Merge Labs in its N-PORT filings yet. We sweep new filings monthly.

Pro members can request priority coverage with a 48-hour turnaround.