MerQube: Funding, Investors & Team (Aug 2026)
MerQube is a cloud native indexing platform designed for designing, calculating, and disseminating financial indices at scale. In the growing space of passive (index-linked) indexing, MerQube provides robust financial indices in the areas of equities, futures and options and ESG and has the expertise that spans market-capitalization weighted indices to risk-premia, volatility, thematics, and ESG.
MerQube has raised $65.0M across 4 funding rounds on record, the most recent a Series C of $30.0M announced in Apr 2026.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
MerQube Company Profile and Key Stats
Latest funding round on record: Apr 2026.
MerQube Funding Rounds
MerQube raised $5.0M in a Series A announced in Oct 2021.
10 months later, an undisclosed round of $8.0M was announced in Aug 2022.
11 months later, a Series B of $22.0M was announced in Jul 2023.
2.8 years later, a Series C of $30.0M was announced in Apr 2026.
MerQube Founders and Leadership Team
Contact details for the MerQube team: 2 of 2 have an email address on file.
Start 14-day free trial →MerQube Funding Compared to Other Financial Services Startups
MerQube's latest round of $30.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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MerQube Funding FAQs
What does MerQube do?
MerQube is a cloud native indexing platform designed for designing, calculating, and disseminating financial indices at scale. In the growing space of passive (index-linked) indexing, MerQube provides robust financial indices in the areas of equities, futures and options and ESG and has the expertise that spans market-capitalization weighted indices to risk-premia, volatility, thematics, and ESG.
How much funding has MerQube raised?
MerQube has raised $65.0M across 4 rounds on record. The most recent is a Series C of $30.0M announced in Apr 2026.
When did MerQube last raise funding?
MerQube's most recent funding round on record is a Series C of $30.0M, announced in Apr 2026.
Who founded MerQube?
FundedIQ lists Praveen Yalagandula (Founder) at MerQube.
Who is the CEO of MerQube?
Vinit Srivastava is listed as CEO at MerQube.
Where is MerQube headquartered?
MerQube is based in San Francisco, California, United States.
How many employees does MerQube have?
MerQube is in the 11-50 employee band.
How does MerQube's funding compare to other Financial Services startups?
MerQube's latest round of $30.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's MerQube Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MerQube is left off this page rather than filled in.
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