Valuation
$7.4M
2021 Revenue
$2.5M
Customers
29K
Funding
$0
Avg ACV
$85
Team
96
Founded
1999
How Mercell Holding CEO Terje Wibe grew Mercell Holding to $2.5M revenue and 29K customers in 2021.
Provider of an e-tendering platform intended to offer electronic submission of public tenders as well as tender alerts to suppliers. The company's platform offers suppliers in all industries a tender system to find tender information from the public sector and buyers the tools to conduct effective procurements in accordance with EU regulations, enabling suppliers to find online tenders, public tenders, global tenders and contracts in the public sector.
Last updated
Mercell Holding Revenue
In 2021, Mercell Holding's revenue reached $2.5M. Since its launch in 1999, Mercell Holding has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | Mercell Holding Hit $2.5m revenue in April 2021 |
| 1999 | Launched with $0 revenue |
Mercell Holding Valuation, Funding Rounds
Mercell Holding's most recent disclosed valuation is $7.4M.
Mercell Holding is a bootstrapped Government Procurement Software startup. Founded in 1999, Mercell Holding has grown to $2.5M in revenue without raising any venture capital or outside funding.
As a self-funded Government Procurement Software SaaS company, Mercell Holding has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Mercell Holding Employees & Team Size
Mercell Holding employs approximately 96 people as of 2026.
Mercell Holding has 96 total employees in different roles and functions and 11 sales reps that carry a quota. They have 29K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 96 employees (April 2021) |
Founder / CEO
Terje Wibe
Mr. Wibe has industry background from various management (incl. CEO) and consulting positions, inter alia in Telenor as a Sales Director within the Media division, as Partner in the consulting firm Inventura and CEO of Kredinor and Dagbladet. He has an EMP from INSEAD
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Mercell Holding acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Mercell Holding
What is Mercell Holding's revenue?
Mercell Holding generates $2.5M in revenue.
Who founded Mercell Holding?
Mercell Holding was founded by Terje Wibe.
Who is the CEO of Mercell Holding?
The CEO of Mercell Holding is Terje Wibe.
How much funding does Mercell Holding have?
Mercell Holding raised $0.
How many employees does Mercell Holding have?
Mercell Holding has 96 employees.
Where is Mercell Holding headquarters?
Mercell Holding is headquartered in Oslo, Oslo, Norway.
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Compare Mercell Holding to the industry
Mercell Holding operates across multiple industries. Browse revenue, funding, and growth data for Mercell Holding in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .