Melius, Founded by Former Ramp Engineer, Announces $25 Million in Total Funding
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On October 7, 2026, TechCrunch reported that AI ad creative platform Melius announced a total of $25 million in funding, including a $20 million Series A led by CRV and a $5 million seed round led by General Catalyst. Founded by three former Ramp engineers, the company pivoted to building a "creative work agent lab" for generating ad assets and campaigns after scrapping its first product, abandoning its original AI marketing tool, and rewriting its entire codebase. The company says that within two months of coming out of stealth in July, its annualized revenue exceeded $1 million.
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- TechCrunch · AIEx-Ramp engineers raise $20M for platform Melius after scrapping their first product
AI ad creative platform Melius announced on Tuesday a total of $25 million in funding, including a $20 million Series A led by CRV and a $5 million seed round led by General Catalyst. Founded by three former Ramp engineers, the company pivoted to a "creative work agent lab" that generates ad assets and campaigns after abandoning its original AI marketing tool and rewriting its entire codebase, and says it topped $1 million in annualized revenue within two months of stealth exit in July.