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2024 Revenue

$1B

Funding

$5.7M

YOY

47.6%

Team

339

Founded

2017

How Mercado Labs CEO Robert Garrison grew to $1B revenue with a 339 person team in 2024.

Developer of a SaaS international trade platform designed to create positive trading relationships that empower businesses and entrepreneurs globally. The company's platform digitally connects buyers, sellers and providers, and utilizes a suite of tools, solutions and education needed to improve transparency, visibility, collaboration and process, enabling users to uncovers inefficiencies in their supply chain and bringing intelligence to imports through a single platform.

Last updated

Mercado Labs Revenue

In 2024, Mercado Labs's revenue reached $1B. The company previously reported $681.3M in 2023. Since its launch in 2017, Mercado Labs has shown consistent revenue growth.

Mercado Labs Revenue GrowthReported revenue / ARR over time$0$250M$500M$750M$1B$1B20172018201920202021202220232024$0$328M$681M$1BSource: GetLatka.com
YearMilestoneQuote
2024Mercado Labs Hit $1b revenue in October 2024
2023Mercado Labs Hit $681.3m revenue in October 2023
2021Mercado Labs Hit $328.2m revenue in April 2021
2017Launched with $0 revenue

Mercado Labs Valuation, Funding Rounds

Mercado Labs has not publicly disclosed its valuation. The company has raised $5.7M in total funding to date.

Mercado Labs has raised $5.7M in total funding across 2 rounds, most recently a $2.5M Venture Round round in 2020.

Mercado Labs Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$1M$0.4$3M$0.6$4M$0.8$5M$1$6M2017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Venture Round$2.5M--
2020Seed Round$3.2M--

Founder / CEO

Robert Garrison

CEO

Robert Garrison is listed as CEO at Mercado Labs.

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Customers

We do not have customer count information for Mercado Labs yet.

Mercado Labs Employees & Team Size

Mercado Labs employs approximately 339 people as of 2026.

Mercado Labs Team GrowthReported headcount over time0751502253003752017201820192020202120222023202400339339Source: GetLatka.com
YearMilestone
2024Reached 339 employees (October 2024)
2023Reached 339 employees (October 2023)
2022Reached 278 employees (October 2022)
2021Reached 196 employees (December 2021)

Frequently Asked Questions about Mercado Labs

What is Mercado Labs's revenue?

Mercado Labs generates $1B in revenue.

Who founded Mercado Labs?

Mercado Labs was founded by Robert Garrison.

Who is the CEO of Mercado Labs?

The CEO of Mercado Labs is Robert Garrison.

How much funding does Mercado Labs have?

Mercado Labs raised $5.7M.

How many employees does Mercado Labs have?

Mercado Labs has 339 employees.

Where is Mercado Labs headquarters?

Mercado Labs is headquartered in Dallas, Texas, United States.

Compare Mercado Labs to the industry

Mercado Labs operates across multiple industries. Browse revenue, funding, and growth data for Mercado Labs in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Mercado Labs Revenue 2024: $1B ARR, $5.7M Raised