Merit Incentives

Riyadh, Saudi Arabia · Founded 2016 · Privately Held (backing)

Developer of a customer and employee engagement platform designed to increase customer engagement and employee motivation. Merit Incentives is based in Riyadh, Saudi Arabia and was founded in 2016. Its last reported valuation was $118 million in Feb 2025. It has raised $33 million.

Last reported valuation
$118.0M
Oct 2026
Priced at
—
Total raised
$33.0M
Last round
—

Merit Incentives key facts

as of Oct 2026
  • Developer of a customer and employee engagement platform designed to increase customer engagement and employee motivation.
  • Merit Incentives is valued at approximately $118.0M as of Oct 2026 (last reported valuation).
  • It has raised $33.0M.
  • Notable investors include Plug and Play Tech Center, Salica Investments, Impact46, Cedar Mundi Ventures, Arzan Venture Capital — 10 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$118.0M

Merit Incentives's last reported valuation, Feb 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Merit Incentives funding rounds

No rounds on record

No funding rounds for Merit Incentives 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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Merit Incentives valuation

Merit Incentives's last reported valuation was $118 million in Feb 2025. No priced round, secondary trade or fund mark has surfaced since.

Merit Incentives investors

10 investors are on record for Merit Incentives, including Plug and Play Tech Center, Salica Investments, Impact46 and Cedar Mundi Ventures.

About Merit Incentives

Developer of a customer and employee engagement platform designed to increase customer engagement and employee motivation. The company's platform facilitates customer loyalty programs, employee commitment, sales incentives, gifts, reward and incentives fulfillment, program design, and engagement strategy, enabling companies to improve client relationships and engage new customers.

Sector
Information Technology
HQ
Riyadh, Saudi Arabia
Founded
2016
Employees
87
Ownership
Privately Held (backing)

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