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Mercado Labs Alternatives & Competitors

The closest alternatives to Mercado Labs are Quince, Workhuman and Worldwide Technology Service. Mercado Labs generates $1B in revenue with 339 employees. Every one of the 20 alternatives below is compared with Mercado Labs on revenue, funding, customers, team size and founding year.

Mercado Labs at a glance

Revenue
$1B
Valuation
$7B
Funding
$5.7M
Team size
339
Founded
2017

Mercado Labs vs its top alternatives

Mercado Labs is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Mercado Labs compared with its top alternatives on revenue, funding, customers and team size
CompanyMercado Labs logoMercado LabsThis companyQuince logoQuinceWorkhuman logoWorkhumanWorldwide Technology Service logoWorldwide Technology ServiceSymphony AI logoSymphony AIZepto logoZeptoBending Spoons logoBending SpoonsGrammarly logoGrammarlyegova logoegovaUdaan logoUdaan
Revenue$1B$1B$1.2B$834.3M$740.5M$1.3B$1.3B$700M$697.7M$678M
Valuation$7BNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Funding raised$5.7M$500M$139.6M$10.7M$20M$2B$1.2B$400M$3.7M$1.2B
CustomersNot disclosedNot disclosed280Not disclosed5.5KNot disclosed12.7M30M2KNot disclosed
Team size3398001K8402.3K11.6K1.7K1K15910.7K
Founded2017201819991990201720202013200920012016
HQDallas, United StatesUnited StatesUnited StatesUnited StatesUnited StatesIndiaItalyUnited StatesChinaIndia

Top Other Collaboration Software companies similar to Mercado Labs

Quince logo

1. Quince

United States · Other Collaboration Software

Quince is a curated online marketplace that sells high-quality fashion and home goods at radically low prices, direct from the factory floor. The company pioneered a manufacturer-to-consumer (M2C) retail model in which…

Quince revenue & fundingMercado Labs vs Quince

Revenue
$1B
Funding
$500M
Team size
800
Workhuman logo

2. Workhuman

United States · Other Collaboration Software

Workhuman is a technology company that provides a social recognition and continuous performance management platform. Its cloud-based software aims to help organizations create a more positive, inclusive, and productive…

Workhuman revenue & fundingMercado Labs vs Workhuman

Revenue
$1.2B
Funding
$139.6M
Customers
280
Team size
1K
Symphony AI logo

4. Symphony AI

United States · Other Collaboration Software

Symphony is a leading provider of secure cloud-based communication and collaboration solutions for the enterprise. Its flagship product, Symphony, is a team collaboration platform that enables users to communicate and…

Symphony AI revenue & fundingMercado Labs vs Symphony AI

Revenue
$740.5M
Funding
$20M
Customers
5.5K
Team size
2.3K
Grammarly logo

7. Grammarly

United States · Other Collaboration Software

Grammarly, Inc. is the company that owns grammarly.com. It is a privately-held technology company based in San Francisco, California, that provides a writing assistance tool that uses artificial intelligence and natural…

Grammarly revenue & fundingMercado Labs vs Grammarly

Revenue
$700M
Funding
$400M
Customers
30M
Team size
1K
egova logo

8. egova

China · Other Collaboration Software

Provider of electronic governance affairs platform. The company is specialized in the development and promotion of e-government and GIS application platforms that provide GIS, MIS and OA e-government integrated services…

egova revenue & fundingMercado Labs vs egova

Revenue
$697.7M
Funding
$3.7M
Customers
2K
Team size
159
Udaan logo

9. Udaan

India · Other Collaboration Software

Udaan is India's largest eB2B platform for small businesses, offering a wide range of products, competitive prices, credit, and fast delivery. It connects retailers, wholesalers, and manufacturers to solve core trade…

Udaan revenue & fundingMercado Labs vs Udaan

Revenue
$678M
Funding
$1.2B
Team size
10.7K
Ramp logo

10. Ramp

United States · Other Collaboration Software

Ramp is an all-in-one financial operations platform that helps businesses save time and money by automating expense management, bill payments, corporate cards, vendor management, and accounting processes. Designed for…

Ramp revenue & fundingMercado Labs vs Ramp

Revenue
$1.4B
Funding
$3.1B
Customers
25K
Team size
3.2K
Notion logo

11. Notion

United States · Other Collaboration Software

Notion Labs, Inc. is the company that owns notion.so. It is a privately-held software company based in San Francisco, California, that provides a productivity and collaboration platform that allows users to create…

Notion revenue & fundingMercado Labs vs Notion

Revenue
$600M
Funding
$343.2M
Customers
4M
Team size
1K
Odoo logo

12. Odoo

Belgium · Other Collaboration Software

Odoo is a Belgian open-source business software company that offers a suite of integrated applications spanning CRM, accounting, website building, inventory, manufacturing, and email marketing. Founded in 2005 by Fabien…

Odoo revenue & fundingMercado Labs vs Odoo

Revenue
$552M
Funding
$1B
Customers
11K
Team size
7.6K
Zoho logo

13. Zoho

India · Other Collaboration Software

Zoho Corporation is a software company that provides cloud-based business management and productivity solutions. Zoho's product suite includes applications for CRM, email and collaboration, project management, finance…

Zoho revenue & fundingMercado Labs vs Zoho

Revenue
$1.5B
Funding
$7.3M
Customers
250K
Team size
24K
Lovable logo

16. Lovable

Sweden · Other Collaboration Software

Lovable is an AI-powered platform that enables developers and non-technical users to create and deploy web applications rapidly. It aims to unlock human creativity by automating software development processes, allowing…

Lovable revenue & fundingMercado Labs vs Lovable

Revenue
$500M
Funding
$552.5M
Team size
146
Zhubajie logo

18. Zhubajie

China · Other Collaboration Software

Zhubajie is a website that connects freelancers in design, IT, marketing, and other 'creative' disciplines to paid projects. It is a crowdsourcing platform that utilizes artificial intelligence, blockchain, cloud, and…

Zhubajie revenue & fundingMercado Labs vs Zhubajie

Revenue
$500M
Funding
$425M
Team size
2.3K

Mercado Labs vs the Other Collaboration Software market

Mercado Labs ranks #9 of 8,339 Other Collaboration Software companies by annual revenue, putting it in the top 1% of the market.

Companies tracked
8,339
Median revenue
$1.4M
Median funding
$6.3M
Median team size
11

Mercado Labs funding

Mercado Labs funding rounds with amount raised and valuation
DateRoundAmountValuation
Jul 2020Venture$2.5MNot disclosed
Jan 2020Seed$3.2MNot disclosed

Mercado Labs competitors FAQ

What companies are similar to Mercado Labs?

The closest alternatives to Mercado Labs are Quince, Workhuman and Worldwide Technology Service, all active in Other Collaboration Software. This page compares each of them with Mercado Labs on revenue, funding, customers and team size.

What is the best alternative to Mercado Labs?

Quince is the closest alternative to Mercado Labs, generating $1B in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives above before choosing.

How much revenue does Mercado Labs generate?

Mercado Labs generates $1B in revenue.

How much funding has Mercado Labs raised?

Mercado Labs has raised $5.7M in funding.

Is Mercado Labs bigger than Quince?

Yes. Mercado Labs generates $1B in revenue versus $1B at Quince.