# Merit Systems

> Open-source attribution protocol to route capital to software contributors.

## Why it is interesting

Ex-a16z crypto team building programmable ownership for OSS — a16z crypto co-led a $10M seed (Jan 2025) with Blockchain Capital to fix open-source funding.

## Profile

- **Stage:** seed
- **Status:** private
- **Industries:** crypto-web3, enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Seed (Jan 2025): $10M co-led by a16z crypto and Blockchain Capital (CNBC, Merit Systems blog)
- Co-investors not in VCT directory: Blockchain Capital
- Co-investors: no additional institutional investors disclosed in public sources reviewed 2026-07-24

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/merit-systems