Merkle Science
Merkle Science sells cryptocurrency risk detection software to crypto companies, financial institutions and governments. The 54-person company has raised $26M, most recently in a Series A round in August 2022.
The growth story
Merkle Science grew from 14 to 54 employees between 2019 and 2026, raising $26M along the way, most recently a Series A in August 2022.
About
Merkle Science develops software that flags suspicious cryptocurrency transactions to help clients meet anti-money laundering rules. Its tools analyze blockchain activity beyond simple blacklists, aiming to detect complex illicit patterns.
The company has raised $26M from investors including 500 Global and BECO Capital. Its Series A in August 2022 suggests it is scaling up operations, though its current headcount of 54 shows it remains a relatively small player in crypto compliance.
Founders and leadership
Engineering is Merkle Science's largest function with 11 staff. The company has a median tenure of 3 years, indicating moderate turnover.
The Merkle Science org chart
Mriganka Pattnaik (Co-Founder and CEO) leads 20 mapped leaders with 4 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 13 (0% YoY), Marketing 6 (-25% YoY), Finance 6 (0% YoY), Information Technology 6 (-14% YoY), Business Development 6 (+50% YoY), Entrepreneurship 3 (0% YoY).
Talent flow
Merkle Science hires heavily from crypto compliance firms, with Chainalysis and Instamojo being top sources. Alumni often move to other crypto startups, with Notabene and AMINA Bank being common destinations.
Most common previous employers of Merkle Science staff: Chainalysis (4), Instamojo (4), Entrepreneurs First (2), Luno (2), Credit Suisse (2), Gartner (2). Former Merkle Science employees most often moved to Notabene (3), AMINA Bank (2), Sumsub (2), The Talent Deck (1), DeleteMe (1), Magnus (1).
Alumni worth knowing
The Merkle Science mafia
Merkle Science alumni have founded 10 companies, including Betterdata (22 staff) and Misaki Studio (4 staff). Most are early-stage crypto startups.
10Uzair Javaid, Ph.D., was Social Outreach until 2020Kishan Devani, was Lead Frontend Developer / Blockchain until 2020Ramiro G., was Regional Sales Manager until 2022Vikram Aditya, was AVP of Product until 2021Natalia Łątka, was Crypto Policy & Regulatory Affairs Director until 2025
Shashank A Pandey, was Knowledge Analyst until 2022
Thomas Glucksmann 龔騰遠, was Vice President of Business Development until 2020
Tony Benoy, was Senior Software Engineer until 2022Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at Merkle Science: C++ (17), Microsoft Excel (16), Leadership (16), Management (15), C (Programming Language) (15), Python (Programming Language) (15), MySQL (15), SQL (15).
Where the team actually sits
Merkle Science people are concentrated in Karnataka, India (18), New York, United States (3), Haryana, India (3), Singapore (2).
Search footprint
Merkle Science attracts about 1,815 organic search visits a month, traffic worth roughly $6K a month if bought through ads. It gained 524 ranking keywords and lost 362 in the last period.
What employees say
- Compensation
- 4.10 / 5
- Career opportunities
- 3.80 / 5
- Senior management
- 3.60 / 5
- Work-life balance
- 4.00 / 5
Frequently asked
Merkle Science has 54 employees as of September 2026.
Merkle Science has raised $26M in total, most recently a Series A round in August 2022.
Merkle Science was founded in 2018 by Mriganka Pattnaik.
Mriganka Pattnaik (Co-Founder and CEO) sits at the top of Merkle Science's reporting structure, with 4 direct reports.
The most common previous employers of current Merkle Science staff are Chainalysis (4 people), Instamojo (4 people), Entrepreneurs First (2 people).
Former Merkle Science employees most often move to Notabene (3), AMINA Bank (2), Sumsub (2).
At least 10 companies have a founder who previously worked at Merkle Science, including Betterdata, Misaki Studio, Frontera Labs.
Merkle Science attracts about 1,815 organic search visits a month, worth roughly $6K a month in equivalent ad spend.
The most common skills among Merkle Science staff are C++, Microsoft Excel, Leadership, Management, C (Programming Language).
Merkle Science staff are concentrated in Karnataka, India (18), New York, United States (3), Haryana, India (3).
Merkle Science has about 13 people in Engineering, up 0% over the past year, as of September 2026.
Merkle Science has about 6 people in Marketing, down 25% over the past year, as of September 2026.
Computed from 40 current and 121 former Merkle Science profiles, as of September 2026. Source: Crustdata.
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