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

TechCrunch AIIndependent reporting·
AI brief

Former Ramp engineers raised $20 million for their platform Melius after abandoning their first product. The company is now focused on tools that generate creative assets and campaigns instead of helping marketers manage and optimize ad spend.

Written by AI from TechCrunch AI's published text.

Source

“Instead of helping marketers manage and optimize ad spend, the company is focusing on building the tools that generate the creative assets and campaigns.”
TechCrunch AI, 06 Oct 2026, 22:34.

Reporting from a publisher outside the organisation being covered.

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