Mercury Overview
- Year Founded
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2017
- Status
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Private
- Employees
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999
- Latest Deal Type
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General Corporate Purpose
- Latest Deal Amount
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$100M
- Investors
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102
Mercury General Information
Description
Operator of a financial technology company intended to serve as a banking stack for startups. The company offers banking accounts, virtual and physical debit cards, currency exchange, and domestic and international wires, enabling clients to have a practical financial stack, real-time insight into business finances and tools to maximize operational efficiency.
Contact Information
Website
www.mercury.comCorporate Office
- 660 Mission Street
- Floor 4
- San Francisco, CA 94105
- United States
Corporate Office
- 660 Mission Street
- Floor 4
- San Francisco, CA 94105
- United States
Mercury Timeline
Mercury Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. General Corporate Purpose | 08-Oct-2024 | $100M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series B) | 30-Sep-2024 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | 01-Nov-2023 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 03-Jul-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 01-Jan-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 05-Nov-2019 | $21.3M | $27.3M | Completed | Generating Revenue | |
| 1. Seed Round | 19-Jan-2018 | $6M | $6M | Completed | Generating Revenue |
Mercury Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series A-5 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Seed-2 | 20,039 | $0.000100 | 6% | $1.5 | $1.5 | $1.5 | 0.1% | |
| Seed-1 | 145,740 | $0.000100 | 6% | $1.37 | $1.37 | $1.37 | 0.7% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Mercury Comparisons
Industry
Financing
Details
Mercury Competitors (64)
One of Mercury’s 64 competitors is Zempler Bank, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zempler Bank | Venture Capital-Backed | London, United Kingdom | ||||
| Varo | Venture Capital-Backed | San Francisco, CA | ||||
| Novo (Commercial Banks) | Venture Capital-Backed | Miami, FL | ||||
| Bento for Business | Formerly VC-backed | San Francisco, CA | ||||
| Tide | Venture Capital-Backed | London, United Kingdom |
Mercury Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Mercury Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Mercury Investors (102)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Authentic (San Juan) | Venture Capital | Minority | ||
| Bossa Invest | Venture Capital | Minority | ||
| Calm Ventures | Venture Capital | Minority | ||
| Factorial Funds | Venture Capital | Minority | ||
| First Round Capital | Venture Capital | Minority |
Mercury Investments & Acquisitions (13)
Mercury’s most recent deal was a Merger/Acquisition with Teal (Financial Services). The deal was made on 06-Sep-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Teal (Financial Services) | 06-Sep-2024 | Merger/Acquisition | Other Financial Services | ||
| Proof of Play | 21-Sep-2023 | Seed Round | Entertainment Software | ||
| Mica | 01-Apr-2023 | Seed Round | Business/Productivity Software | ||
| inkle | 06-Feb-2023 | Seed Round | Other Financial Services | ||
| Gigmile | 05-Oct-2022 | Accelerator/Incubator | Financial Software |
Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Teal (Financial Services) | Vancouver, Canada | 2023 |
Mercury FAQs
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When was Mercury founded?
Mercury was founded in 2017.
-
Where is Mercury headquartered?
Mercury is headquartered in San Francisco, CA.
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What is the size of Mercury?
Mercury has 999 total employees.
-
What industry is Mercury in?
Mercury’s primary industry is Other Commercial Banks.
-
Is Mercury a private or public company?
Mercury is a Private company.
-
What is Mercury’s current revenue?
The current revenue for Mercury is .
-
How much funding has Mercury raised over time?
Mercury has raised $167M.
-
Who are Mercury’s investors?
Authentic (San Juan), Bossa Invest, Calm Ventures, Factorial Funds, and First Round Capital are 5 of 102 investors who have invested in Mercury.
-
Who are Mercury’s competitors?
Zempler Bank, Varo, Novo (Commercial Banks), Bento for Business, and Tide are some of the 64 competitors of Mercury.
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