Mercury (Commercial Banks) Overview
- Founded
-
2017

- Status
-
Private
- Employees
-
669

- Latest Deal Type
-
2ndary - Private
- Investors
-
90
Mercury (Commercial Banks) 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, domestic and international wires and also provides a banking experience with features like read or write API access, custom team management, and integrations with the tools, 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.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Commercial Banks
Other Industries
Financial Software
Primary Office
- Private Mail Box 73938
- 9450 South West Gemini Drive
- Beaverton, OR 97008
- United States
+1 (415) 000-0000
Mercury (Commercial Banks) Timeline
Mercury (Commercial Banks) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Secondary Transaction - Private | 00000 | Completed | Generating Revenue | |||
8. Equity Crowdfunding | 01-Aug-2021 | 00.000 | 00000 | Completed | Generating Revenue | |
7. Early Stage VC (Series B) | 03-Jul-2021 | 00000 | 00000 | 00.00 | Completed | Generating Revenue |
6. Early Stage VC (Series B) | 01-Jan-2021 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
5. Early Stage VC (Series A) | 05-Nov-2019 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
4. Early Stage VC | 000.00 | Completed | Generating Revenue | |||
3. Early Stage VC | 17-Apr-2019 | 00.00 | 000.00 | Completed | Generating Revenue | |
2. Seed Round | 19-Jan-2018 | $4.93M | $10.9M | 000.00 | Completed | Generating Revenue |
1. Seed Round | 16-Sep-2017 | $6M | $6M | Completed | Startup |
Mercury (Commercial Banks) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | 0,000,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 0.00 | |
Series B-2 | 0,000 | 00.000000 | 00 | 000.00 | 000.00 | 00 | 000.00 | 0.000 |
Series B-1 | 0,000,000 | 00.000000 | 00 | 000.00 | 000.00 | 00 | 000.00 | 0.000 |
Series A-5 | 000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A-4 | 00,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A-3 | 00,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A-2 | 00,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A-1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Seed-2 | 20,039 | $0.000100 | 6% | $1.5 | $1.5 | 1x | $1.5 | 0.1% |
Seed-1 | 145,740 | $0.000100 | 6% | $1.37 | $1.37 | 1x | $1.37 | 0.7% |
Mercury (Commercial Banks) Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Operator of a financial technology company intended to serve as a banking stack for startups. The company offers banking
Other Commercial Banks
Beaverton, OR
669
As of 2023
00000
000000 - 000
00000
Mercury (Commercial Banks) Competitors (63)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Varo | Venture Capital-Backed | San Francisco, CA | 000 | 00.000 | 0000000000 0 | 00.000 |
00000000 0000 | Venture Capital-Backed | Manchester, United Kingdom | 000 | 00000 | 00000000000 | 00000 |
00000 | Venture Capital-Backed | London, United Kingdom | 0000 | 00.00 | 00000000000 | 00.00 |
00000000 0000 | Venture Capital-Backed | London, United Kingdom | 0000 | 00.000 | 00000000000 | 00.000 |
00000 000 00000000 | Formerly VC-backed | San Francisco, CA | 00 | 000.00 | 000000&0 | 000.00 |
Mercury (Commercial Banks) Executive Team (5)
Mercury (Commercial Banks) Board Members (2)
Name | Representing | Role | Since |
---|---|---|---|
Immad Akhund | Mercury (Commercial Banks) | Co-Founder, Chief Executive Officer, President and Board Member | 000 0000 |
Saar Gur | CRV | Board Member | 000 0000 |
Mercury (Commercial Banks) Signals
Mercury (Commercial Banks) Investors (90)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Abad Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Aidi Ventures | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
Browder Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Cacao Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Coatue Management | PE/Buyout | Minority | 000 0000 | 000000 0 |
Mercury (Commercial Banks) Investments (4)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
00000000 | 25-Jul-2022 | 00000 0000 | 0000 | Other Services (B2C Non-Financial) | |
0000 (000000 | 01-Apr-2022 | 0000 00000 | 000 | Hotels and Resorts | |
000000.000 | 11-Nov-2021 | 0000 00000 | Other Services (B2C Non-Financial) | ||
Slope (Financial Software) | 17-Sep-2021 | Seed Round | 00.000 | Financial Software |