Mercato (Internet Retail) Overview
- Founded
-
2015

- Status
-
Private
- Employees
-
80

- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$25.9M
- Investors
-
24
Mercato (Internet Retail) General Information
Description
Operator of a grocery marketplace intended to connect consumers with local merchants. The company's marketplace helps users to order fresh groceries online from the stores they prefer and have them delivered to their door from a single store or combine items from multiple merchants in the same order, enabling consumers to order all sorts of ingredients and get them delivered to their doorsteps.
Contact Information
Website
www.mercato.com
Formerly Known As
Grocery Marketplace
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Services (B2C Non-Financial)
Primary Office
- 550 West B Street
- San Diego, CA 92101
- United States
Mercato (Internet Retail) Timeline
Mercato (Internet Retail) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Later Stage VC (Series A) | 25-Mar-2021 | $25.9M | 000.00 | 00000 | Completed | Generating Revenue |
5. Seed Round | 04-Dec-2019 | 00.000 | 00.000 | 000.00 | Completed | Generating Revenue |
4. Seed Round | 22-Feb-2019 | 00000 | 00.000 | 000.00 | Completed | Generating Revenue |
3. Seed Round | 19-Jun-2018 | 00.000 | 00.000 | 00.000 | Completed | Generating Revenue |
2. Seed Round | 09-Mar-2016 | Cancelled | Startup | |||
1. Accelerator/Incubator | Completed | Startup |
Mercato (Internet Retail) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A-1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series A | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Seed 2 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Seed 1 | 1,600,411 | $0.000100 | 6% | $0.63 | $0.63 | 1x | $0.63 | 3.83% |
Seed | 8,715,745 | $0.000100 | 6% | $0.57 | $0.57 | 1x | $0.57 | 20.88% |
Mercato (Internet Retail) Patents
Mercato (Internet Retail) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-11100565-B2 | Systems and methods for allocating and distributing inventory | Active | 23-May-2017 | 00000000000 | 0 |
US-20210334881-A1 | Systems and methods for allocating and distributing inventory | Pending | 23-May-2017 | 00000000000 | |
US-20180342007-A1 | Systems and methods for allocating and distributing inventory | Active | 23-May-2017 | G06Q30/0635 | 0 |
Mercato (Internet Retail) Executive Team (10)
Mercato (Internet Retail) Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
Ian Sigalow | Greycroft | Board Member | 000 0000 |
Michael Lazerow | Velvet Sea Ventures | Board Member | 000 0000 |
Michael Loeb | Loeb.NYC | Board Member | 000 0000 |
Neil Senturia | Self | Board Member & Advisor | 000 0000 |
Robert Brannigan Jr. | Mercato (Internet Retail) | Co-Founder, Chief Executive Officer and Board Member | 000 0000 |
Mercato (Internet Retail) Signals
Mercato (Internet Retail) Investors (24)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
10X Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Ashley Flucas | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Brighter Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Gaingels | Venture Capital | Minority | 000 0000 | 000000 0 | |
Interlock Capital | Venture Capital | Minority | 000 0000 | 000000 0 |