Rex
New accelerator entry · 2026-05-27 · the record
In their words
Rex is an AI-native service for order to cash. Rex replace manual operations with AI agents that continuously manage invoices, customers and exceptions. Order to cash is a $60B outsourced function because the work is too messy for traditional automation. Every customer has different context, exceptions do not follow clean rules, and the next step is often buried in emails, portals, handoffs, or someone’s memory. Rex agents run continuously in the background and resolve work to SLA standards so cash keeps moving. We're live with pre-IPO tech companies, managing >$500m in receivables from F100 companies, cutting manual follow-up cycles from weeks to hours. We founded Rex after spending four years building Sequence, an a16z-backed finance ops platform, from zero to Series A — where we saw firsthand that at-scale, O2C still runs on manual labour. Rex is the #1 winner of the Vercel AI Accelerator out of 2,500 teams, selected by Guillermo Rauch and leaders from OpenAI, Anthropic, Browserbase and more.
What the record says
Merlin is the Founder and CEO of Rex, the AI partner for enterprise order-to-cash. He spent 4 years as CPO at Sequence (a16z-backed), an order-to-cash platform where he grew the company to millions in ARR and hundreds of customers. He has deep domain expertise in order to cash and accounts receivable workflows -- the exact space Rex is transforming with AI. Previously a PM at Tessian (Sequoia-backed, acquired in 2023). Studied Industrial Engineering in Cambridge and Product Design in Glasgow.
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Against the 209 companies on file from Summer 2026. Median team 2, largest 30.
The nearest companies on file from the same batch, side by side with this one.
| Company | Batch | Sectors | Listed |
|---|---|---|---|
| Frontier Computing | Summer 2026 | Artificial Intelligence, Hard Tech, Hardware | 2026-08-31 |
| Ethos Space Resources | Summer 2026 | Hard Tech, Exascale Computing, Energy | 2026-08-23 |
| Spectre Intelligence | Summer 2026 | Biotech, Investing, Trading | 2026-08-22 |
| Edgerun | Summer 2026 | Robotics, Defense | 2026-08-21 |
| Allia Health | Summer 2026 | Artificial Intelligence, Healthcare, Mental Health | 2026-08-19 |
| Rex (this page) | Summer 2026 | Artificial Intelligence, B2B, Enterprise | 2026-05-27 |
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