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Company pair · Fintech
VS

Alpaca vs Melio: Valuation, Funding, Trajectory

Fintech Both private US-headquartered No Canborsa market

Alpaca and Melio are often weighed against each other in fintech.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
AlpacaPRIVATE · US
MelioPRIVATE · US
VS
Last valuation$1.15B$2B
Basis Post-money Post-money
As ofJul 2026Jan 2026
Founded20152018
Employees≈200≈698
On CanborsaNo marketNo market
At a glance
$1.15B
AlpacaPost-money, Series funding (July 2026) · Jul 2026
$2B
MelioPost-money, Series E · Jan 2026
1.74×
GapBoth post-money, 6 months apart
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Alpaca vs Melio — side by side

Field
AlpacaPRIVATE · FOUNDED 2015
MelioPRIVATE · FOUNDED 2018
VS
Last valuation
$1.15B Post-money
$2B Post-money
Valuation date
16 Jul 2026
1 Jan 2026
Valuation basis
Post-money
Post-money
Latest round
Series funding (July 2026)
Series E
Round size
$135M
$150M
Round lead
Peak XV, Elefund
Fiserv
Named investors
Drive Capital Citadel Securities Opera Tech Ventures MUFG Innovation Partners
Founded
2015
2018
Employees (est.)
≈200
≈698
Sector & HQ
Fintech · 🇺🇸 US
B2B payments / accounts payable software · 🇺🇸 US
Status & market
Private — no Canborsa market
Private — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $1.15B for Alpaca (post-money, Jul 2026) and $2B for Melio (post-money, Jan 2026).

Alpaca
$1.15BPost-money · Jul 2026
Melio
$2BPost-money · Jan 2026
ALPACA · $1.15B · JUL 2026MELIO · $2B · JAN 2026
Alpaca vs Melio · what each company discloses

What each company discloses, and what it leaves out

AlpacaPRIVATEFintech · US · 2015
+Last disclosed mark $1.15B — post-money, Jul 2026.
+Founded 2015 .
+≈200 employees.
+Latest round: Series funding (July 2026), $135M raised, led by Peak XV.
MelioPRIVATEFintech · US · 2018
+Last disclosed mark $2B — post-money, Jan 2026.
+Founded 2018 .
+≈698 employees.
+Latest round: Series E, $150M raised, led by Fiserv.
Verdict

Verdict

The $1.15B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$135M, led by Peak XV in Jul 2026.
A dated print: it moves only when a newer round is announced.
The $2B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$150M, led by Fiserv in Jan 2026.
A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 1.74× compares like with like. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

What industries are Alpaca and Melio in?›

Alpaca's sector is Fintech; Melio's sector is B2B payments / accounts payable software.

Which is worth more, Alpaca or Melio?›

Alpaca is valued at $1.1B, and Melio at $2B.

How much capital have Alpaca and Melio raised in total?›

Alpaca has raised $353M across 5 rounds, and Melio has raised $2.8B across 3 rounds.

What's the location of Alpaca versus Melio?›

Alpaca is based in San Mateo, California, and Melio is based in New York, New York.

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