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Home » AI » Kevin Merlini Net Worth: Co-founder and CEO of Materia – GenAI Accounting Firm

Kevin Merlini Net Worth: Co-founder and CEO of Materia – GenAI Accounting Firm

Kevin Merlini is an entrepreneur and the co-founder and Chief Executive Officer (CEO) of Materia, a specialized AI platform designed to supercharge accounting firms.

raya-author-image by Raya
Thursday, 4 July 2024, 3:15 AM
in AI
kevin merlini net worth

kevin merlini net worth

Kevin Merlini is an entrepreneur and the co-founder and Chief Executive Officer (CEO) of Materia. Founded in 2022, Materia is a specialized AI platform designed to supercharge accounting firms. It frees up accountants’ time to focus on complex client services by automating repetitive tasks like data analysis and answering accounting questions.

The startup’s mission is to “improve the work experience for public accounting professionals by providing tools that save time and help pick up the heavy lifting and tedious tasks in day-to-day workflows.”

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Kevin Merlini Net Worth

Unfortunately, we do not have any information available on Kevin Merlini net worth. Also, there is no credible info on Materia’s valuation available in the public domain. As soon as we come across credible sources, we will update this section. 

Education

Kevin Merlini graduated from Penn State University, where he earned both his B.S. and M.S. degrees in Accounting through the Smeal College of Business. 

He was also a graduate of the Schreyer Honors College. During his time at Penn State, he was actively involved in the Innoblue Entrepreneurship Group/Incubator.

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Career

Kevin Merlini began his career as an Audit Associate at KPMG in Philadelphia in 2013. He performed audit test work for public and private international companies in the manufacturing, banking, and technology industries.

From 2011 to 2015, he was the Founder of Clipboard+ in State College, Pennsylvania. He invented and brought to market two products that improve workflow productivity for smartphone and iPad users. He designed products, wrote patent applications, assembled a team of co-founders, contracted US manufacturers, and crowdfunded seed money on Kickstarter. Clipboard+ became a profitable business with sales in over 10 countries, including a Fortune 500 customer.

Merlini joined Amazon in 2014 as a Vendor Manager I in the Consumer Electronics category in Seattle. He owned a $20+ million P/L in the Musical Instruments category and was responsible for vendor management, marketing, and instock management. He led several cross-organizational projects, including launching a virtual product bundling technology and creating an idea-sharing platform for Amazon employees.

Then,  he was a Product Manager for Growth/Acquisition Marketing at Amazon Music in Seattle. He built and owned the acquisition growth feature experimentation roadmap for subscription flows, landing pages, and cross-client upsell locations. He was also responsible for GTM planning for the Amazon Music Unlimited launch and paid social marketing.

Merlini then served as a Senior Product Manager – Technical for Customer Reviews in Berlin from where he managed the end-to-end product development lifecycle for Customer Review Solicitation and Customer Review Analytics & Machine Learning. He also taught “ML for Product Managers” courses to other Amazonians.

From 2019 to 2020, he was a Senior Product Manager – Technical for the Global Demand Side Platform in the Greater New York City Area. He worked across engineering and business teams to build a globally available advertising offering and improve Amazon systems for new country launches.

In 2020, Kevin Merlini joined Facebook as a Product Manager for the News Ecosystem & Civic Ranking. He led two teams in the FB App Integrity and News organizations. He developed strategies for sensitive content ranking and built machine-learning models to classify and measure the quality of news content.

For a year, he was an Entrepreneur In Residence at the Allen Institute for AI in New York. He worked on incubating a company focused on augmenting productivity for knowledge workers in the professional services industry using advancements in Large Language Models.

In October 2022, Kevin Merlini co-founded Materia with Lucas Adams, his coworker at Facebook. Since then, he has been the CEO of the startup.

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Latest Updates

Materia has secured $6.3 million in a recent funding round. The investment round was led by Spark Capital with participation from Haystack Ventures, Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI.

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Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.

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