Melius, founded by former Ramp engineer, raised 25 million USD, transitioning into an AI ad creative generation platform

Melius, founded by an ex-Ramp engineer, has raised a total of $25 million, including a $20 million Series A led by CRV and a $5 million seed round led by General Catalyst. The company initially built an AI performance marketing tool, then six months later abandoned its entire codebase and shifted to generating ad creative materials and marketing campaigns"Creative Work Agent Lab"Platform, since ending stealth in July, annualized revenue has exceeded 1 million dollars within two months.