Mercato (Internet Retail) Overview

  • Founded
  • 2015
Founded
  • Status
  • Private
  • Employees
  • 249
Employees
  • Latest Deal Type
  • Series A
  • Latest Deal Amount
  • $25.9M
Latest Deal Amount
  • Investors
  • 22

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 at 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
  • Floor 4
  • San Diego, CA 92101
  • United States

Mercato (Internet Retail) Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial
Want to dig into this profile?

We’ll help you find what you need

Learn more

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
To view Mercato (Internet Retail)’s complete valuation and funding history, request access »

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%
To view Mercato (Internet Retail)’s complete cap table history, request access »

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-20180342007-A1 Systems and methods for allocating and distributing inventory Granted 23-May-2017 00000000000 0
US-20210334881-A1 Systems and methods for allocating and distributing inventory Pending 23-May-2017 G06Q30/0635

Mercato (Internet Retail) Executive Team (9)

Name Title Board Seat Contact Info
Robert Brannigan Jr. Co-Founder, Chief Executive Officer and Board Member
Dave Bateman Co-Founder & Chief Software Architect
Matthew Alarie Co-Founder and Chief Experience Officer
Jeffrey Bishop Vice President, Operations
You’re viewing 4 of 9 executive team members. Get the full list »

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 000 0000
Robert Brannigan Jr. Mercato (Internet Retail) Co-Founder, Chief Executive Officer and Board Member 000 0000
To view Mercato (Internet Retail)’s complete board members history, request access »

Mercato (Internet Retail) Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Mercato (Internet Retail) Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
10X Capital Venture Capital 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
Team Europe Management Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 22 investors. Get the full list »