Mercury

Private

Mercury is a fintech company that provides business banking services built specifically for startups, small businesses, and scaling companies. The platform combines FDIC-insured checking and savings accounts with modern tools like cashflow analytics, intuitive dashboards, and efficient payments. Trusted by over 200,000 startups, Mercury reached $650 million in annualized revenue by Q3 2025.

Founders Immad Akhund

CEO Immad Akhund

Company

Founded

2017

Headquarters

San Francisco, United States

Employees

1001-5000

Financials

Total Funding

$346M

Last Valuation

$3.5B

Sectors

Fintech SaaS Payments

mercury.com Twitter Blog

Funding History

5 rounds

Series C Mar 26, 2025

$300M

Valuation: $3.5B

Sequoia Capital (Lead) Coatue Management CRV Andreessen Horowitz Spark Capital Marathon

Debt Oct 9, 2024

$100M

Credit facility (debt, not equity). Not included in total funding.

Natixis CIB (Lender)

Series B Jul 30, 2021

$120M

Valuation: $1.6B

Coatue Management (Lead) Andreessen Horowitz CRV Sapphire Ventures

Series A Sep 26, 2019

$20M

Valuation: $100M

CRV (Lead) Andreessen Horowitz Serena Ventures

Seed Apr 17, 2019

$6M

Andreessen Horowitz (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.