About Mercari
Mercari is a company based in Minato (Japan) founded in 2013.. Mercari has raised $117.3 million across 7 funding rounds from investors including Mitsui & Co., United and Development Bank of Japan. Mercari has completed 5 acquisitions, including Basset AI, Origami Labs and Saily. Mercari operates in a competitive market with competitors including eBay, Olx, Uniswap, OfferUp and Letgo, among others.
- Headquarter Minato, Japan
- Stage Public
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mercari, Inc.
-
Annual Revenue
$1.3 B (USD)2.79as on Jun 30, 2025
-
Net Profit
$175.9 M (USD)94as on Jun 30, 2025
-
EBITDA
$198.13 M (USD)40.62as on Jun 30, 2025
-
Total Equity Funding
$117.3 M (USD)
in 7 rounds
-
Latest Funding Round
-
Investors
Mitsui & Co.
& 9 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Basset AI
& 4 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Mercari
Mercari is a publicly listed company on the TSE with ticker symbol 4385 in Japan, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Unlock access to complete
Software Development Team
40 people
Product Management Team
36 people
Leadership Team
15 people
Human Resources and Administration
14 people
Sales and Marketing
8 people
Manager Team
8 people
Legal and Compliance
5 people
Operations Team
3 people
Unlock access to complete
Funding Insights of Mercari
Mercari has successfully raised a total of $117.3M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
-
First Round
First Round
(24 Jul 2013)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series D - Mercari | Valuation |
investors |
|
| Mar, 2016 | Amount | Series D - Mercari | Valuation |
investors |
|
| Oct, 2014 | Amount | Series C - Mercari | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mercari
Mercari has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co., United and Development Bank of Japan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments are made in startups to drive innovation in Japan's tech and emerging sectors.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on SaaS, mobile tech, AI, and multiple sectors
|
Founded Year | Domain | Location | |
|
Global Brain is recognized as a venture capital firm supporting startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Mercari
Mercari has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Basset AI, Origami Labs and Saily. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cryptocurrency market intelligence and analysis tools are provided to traders.
|
2019 | ||||
|
Items are bought and sold via a social marketplace platform.
|
2014 | ||||
|
Online marketplace for second hand goods
|
2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Mercari
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mercari Comparisons
Competitors of Mercari
Mercari operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as eBay, Olx, Uniswap, OfferUp and Letgo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category consumer products are sold via an online marketplace platform.
|
|
| domain | founded_year | HQ Location |
International online classifieds
|
|
| domain | founded_year | HQ Location |
Decentralized exchange platform for cryptocurrency trading is operated.
|
|
| domain | founded_year | HQ Location |
P2P mobile listing platform for household goods
|
|
| domain | founded_year | HQ Location |
Online listing platform for multi-category second-hand goods
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mercari
Frequently Asked Questions about Mercari
When was Mercari founded?
Mercari was founded in 2013.
Where is Mercari located?
Mercari is headquartered in Minato, Japan. It is registered at Minato, Tokyo, Japan.
Who is the current CEO of Mercari?
John Lagerling is the current CEO of Mercari.
Is Mercari a funded company?
Mercari is a funded company, having raised a total of $117.3M across 7 funding rounds to date. The company's 1st funding round was a Series C of $21.8M, raised on Jul 24, 2013.
What is the annual revenue of Mercari?
Annual revenue of Mercari is $1.3B as on Jun 30, 2025.
What does Mercari do?
Mercari was established in 2013 in Minato City, Japan, as an e-commerce platform specializing in second-hand goods. Transactions for used items across categories including fashion, electronics, books, and home decor are enabled through the website and mobile apps for Android and iOS. The service supports peer-to-peer buying and selling in the online retail sector, with operations centered in Japan.
Is Mercari publicly traded?
Yes, Mercari is publicly traded on TSE under the ticker symbol 4385.
How many acquisitions has Mercari made?
Mercari has made 5 acquisitions, including Basset AI, Origami Labs, and Saily.
Who are Mercari's investors?
Mercari has 10 investors. Key investors include Mitsui & Co., United, Development Bank of Japan, Sumitomo Mitsui Trust Bank, and Globis Capital Partners.
What is Mercari's ticker symbol?
The ticker symbol of Mercari is 4385 on TSE.
What is Mercari's valuation?
The valuation of Mercari is $1B as of Mar 2016.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.