# Mermaid Chart

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mermaid-chart

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.mermaidchart.com/
- Total disclosed funding: $4.8M
- Latest round: Seed (Jan 8, 2024)
- Investors on record: 12

## About

Based in California, US, and founded in 2022 by Knut Sveidqvist, Mermaid Chart Inc. operates as a provider of text-based charting solutions that offers tools to improve workflows and team communication. In March 2024, Mermaid Chart Inc. raised USD 7.5 million in seed funding from M12, Sequoia Capital, Open Core Ventures, Streamlined Ventures, Good Friends, V1 Ventures, Irregular Expressions, Firebrand, Elefund, Anorak Ventures, Gaingels, and Mana Ventures. As of 2024, the company is led by its CEO, Andrew Firestone.

The company offers text-based diagramming software for process explanation and creation tools for various charts like flowcharts, sequence diagrams, and entity relationship diagrams using markdown-style codes. Moreover, the firm provides sample diagrams, a diagram generator tool, styling options, presentation creation features, and team collaboration features. Additionally, the company also offers plugins for the integration of Mermaid Chart into various platforms, like Microsoft PowerPoint, Visual Studio Code, ChatGPT, and the JetBrains IDE extension.

The company generates its revenue from subscriptions to its platform packages, including the pro plan, priced at USD 6.67 per month, which offers unlimited storage, a visual editor, AI diagram repair and generation, team collaboration tools, and advanced plugins; and the enterprise plan, priced at USD 17 per month, includes additional features like SSO/SAML, custom integrations, on-premises installation, and advanced security.

The company plans to use its March 2024 funding to launch automated documentation tools for software engineers, advanced AI-driven diagramming features, workflow management solutions, and a full-service on-premises package for high-security organizations.

## Funding rounds

- Seed, Jan 8, 2024, $4.8M — Hong Shan, M12, Streamlined Ventures, V1.VC, Elefund, Gaingels, Anorak Ventures, Firebrand, Mana Ventures, Good Friends, Open Core Ventures, Irregular Expressions

## Investors

- Hong Shan — Seed
- M12 (https://capitalatlas.ai/funds/m12) — Seed
- Streamlined Ventures (https://capitalatlas.ai/funds/streamlined-ventures) — Seed
- V1.VC (https://capitalatlas.ai/funds/v1-vc) — Seed
- Elefund (https://capitalatlas.ai/funds/elefund) — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- Anorak Ventures (https://capitalatlas.ai/funds/anorak-ventures) — Seed
- Firebrand (https://capitalatlas.ai/funds/firebrand) — Seed
- Mana Ventures (https://capitalatlas.ai/funds/mana-ventures) — Seed
- Good Friends — Seed
- Open Core Ventures (https://capitalatlas.ai/funds/open-core-ventures) — Seed
- Irregular Expressions (https://capitalatlas.ai/funds/irregular-expressions) — Seed