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Secondary marketplace / Explore private companies / Merlin Labs IPO
Merlin Labs

Merlin Labs IPO

$661.86MM
Series B Prime Valuation, Jul 2022
Completed SPAC
Learn More About Merlin Labs Stock
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Merlin Labs IPO date and status

2018
Founded
Aug 2025
SPAC Announced
www.businesswire.com
Mar 2026
SPAC Completed
finance.yahoo.com

Company details

The Merlin Labs team is building the definitive autonomy system for all things that fly. Founded in 2018 and headquartered in Boston, Merlin Lab's AI integrates into the existing flight deck to augment current flights, and power future autonomous flights. Their configurable software is designed to adapt and fit any aircraft, and their technology works in tandem with national airspace systems and an onboard human safety pilot.
merlinlabs.com
Sector
Transportation
Subsector
Transportation Software
Founded
2018
Headquarters
Boston, MA, United States
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Get Full Access
Post-Money Valuation 3
$661.86MM
Total Funding
$130MM
Last Funding Round
Series B Prime

Learn more about Merlin Labs

To invest in Merlin Labs pre-IPO

Can you invest in Merlin Labs pre-IPO?

You may invest in Merlin Labs as it is a public company listed on the NASDAQ with ticker MRLN. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Merlin Labs before it goes public?

You can no longer sell shares of Merlin Labs on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my Merlin Labs shares?

Forge can no longer determine the value of Merlin Labs shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is Merlin Labs a publicly traded company?

Merlin Labs became a public company following its SPAC on 03/17/2026 and is now traded on the NASDAQ under the ticker MRLN.

To learn more about Merlin Labs potential IPO

Will Merlin Labs go IPO?

Merlin Labs became a public company following its SPAC on 03/17/2026 and is now traded on the NASDAQ under the ticker MRLN.

What is Merlin Labs’ IPO price?

The IPO price of Merlin Labs is not currently available.

When was Merlin Labs founded?

Merlin Labs was founded in 2018.

What is Merlin Labs funding to date?

Merlin Labs has raised $130MM to date.

Merlin Labs major investors

Bling Capital
Boxgroup
Business Creation Capital
Field Group
First Round Capital
Floodgate Fund
Gv
Harpoon
Quiet Capital
Shrug Capital
Snowpoint Ventures
Western Technology Investment
Show All InvestorsShow Fewer Investors

Merlin Labs pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
07/13/2022 Series B Prime $103.73MM $23.36 $661.86MM Baillie Gifford, Gv, Snowpoint Ventures
Price per Share
$ xx.xx
Shares Outstanding
4,439,662
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Gv, Snowpoint Ventures
07/13/2022 Series B-1 Prime $5.07MM $4.93 $661.86MM Baillie Gifford, Gv, Snowpoint Ventures
Price per Share
$ xx.xx
Shares Outstanding
1,028,819
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Gv, Snowpoint Ventures
05/26/2021 Series A Prime $16.23MM $2.02 $49.78MM Ben Ling, Box Group, First Round Capital, Floodgate, Gv, Harpoon, Howard Morgan, Shrug Capital, Wti
Price per Share
$ xx.xx
Shares Outstanding
8,034,960
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ben Ling, Box Group, First Round Capital, Floodgate, Gv, Harpoon, Howard Morgan, Shrug Capital, Wti
05/26/2021 Series A-1 Prime $1.5MM $1.62 $49.78MM Ben Ling, Box Group, First Round Capital, Floodgate, Gv, Harpoon, Howard Morgan, Shrug Capital, Wti
Price per Share
$ xx.xx
Shares Outstanding
928,217
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ben Ling, Box Group, First Round Capital, Floodgate, Gv, Harpoon, Howard Morgan, Shrug Capital, Wti
08/23/2019 Series Seed Prime $3.47MM $1.04 $8.69MM Ben Ling, Box Group, First Round Capital, Floodgate, Gv, Harpoon, Howard Morgan, Shrug Capital, Wti
Price per Share
$ xx.xx
Shares Outstanding
3,357,483
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ben Ling, Box Group, First Round Capital, Floodgate, Gv, Harpoon, Howard Morgan, Shrug Capital, Wti

Merlin Labs IPO news and media highlights

Airline Geeks 07/19/2023

Merlin Completes Autonomous Cessna Caravan Flights

"Merlin Labs has completed 25 test flights of an autonomous Cessna 208 Caravan, funded by a $1 million contract from the Federal Aviation Administration (FAA). The flights took place in Alaska, in collaboration with the University of Alaska Fairbanks and Everts Air Cargo. The company's autonomous system, the Merlin Pilot, logged over 60 hours of flight time. Several other companies, such as Ribbit and Reliable Robotics, are also developing autonomous flight technologies. "
Aviation International News 07/02/2023

Merlin Autonomy Vision Raises Questions of Alaska's Preparedness

Merlin completed a 25-flight trial of its autonomous flight technology in Alaska between June and July, with the help of a $1 million award from the FAA. The testing has raised questions about Alaska's preparedness for autonomous aviation.
The Northern Advocate 05/23/2023

World-leading robot plane venture takes off in Kerikeri

Merlin Labs NZ, the first overseas subsidiary of US aviation tech firm Merlin Labs, has established a business in Kerikeri, New Zealand. The company, led by CEO Shaun Johnson, aims to develop autonomous aircraft or 'robot planes'. The firm plans to start with human-piloted freight operations, then transition to fully automated aircraft. The goal is to commence automated flights from 2025, with human pilots as a backup initially.
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See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Transportation
Subsector: Transportation Software
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Updated on: Mar 18, 2026

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