Mercury

Mercury is a fintech tartup that provides banking services for other startups.

Mercury helps founders across industries, stages, and business types build companies that last.

Mercury was founded in 2016 by Immad Akhund, Max Tagher & Jason Zhang and is based in San Francisco, California.

 

Mercury’s API lets companies access free checking and savings accounts, debit and credit cards, domestic and international wire transfers, treasury, venture debt, and more — and manage their business with confidence.

 

Mercury has partnerships with Choice Financial and Evolve Bank & Trust, to provide its customers with access to “a sweep network” of other banks such as Goldman Sachs and Capital One.

 

Mercury also offers vibrant community programs that provide founders with the connections, advice, and resources to help them build the next great companies. Mercury is trusted by more than 100,000 customers, and has processed more than $50B in transactions in 2022. 

 

Mercury is backed by Andreessen Horowitz, CRV, Coatue, Sapphire Ventures, Homebrew, L2 Ventures, Serena Ventures, Dylan Field (CEO at Figma), Kevin Hartz (CEO of Eventbrite), Mathilde Collins (CEO at Front), Akshay Kothari (COO at Notion), Jack Altman (CEO at Lattice), and others. The company raised $120M in a Series B round on Jul 29, 2021. This brings Mercury's total funding to $152.2M to date. The Series B round valued the company at a $1.62B post-money.

 

 

  • Year founded: 2016
  • Funding Info: $152.2M over 6 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $1.62B as of Jul 29, 2021
  • City/Town: San Francisco
  • State: California
  • Country: United States
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