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Ex-Ramp engineers raise $20M for platform Melius after scrapping their first product

Ex-Ramp engineers have raised $20M for Melius, a platform that shifted focus from ad spend optimization to generating creative assets and campaigns. The founders scrapped their initial product to pivot toward building tools for creative generation.

Background

Melius is building AI-powered creative generation tools for marketing, pivoting from a previous ad spend management product. The founders previously worked at Ramp, a fintech company.

Source
TechCrunch
Published
Oct 7, 2026 at 06:34 AM
Score
6.0 / 10