Mercury Network

Oklahoma City, United States Founded: 2008 • Age: 18 yrs Acquired By CoreLogic
Appraisal vendor management software is provided for lenders and compliance.
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About Mercury Network

Mercury Network is a company based in Oklahoma City (United States) founded in 2008 was acquired by CoreLogic in August 2017.. The company has 48 employees as of December 31, 2016. Mercury Network has completed 2 acquisitions, including Appraisal Scope and Platinum Data. Mercury Network offers products and services including Appraisal Scope, Manage AMCs, Commercial RealView, OptiVal, and Collateral Expert. Mercury Network operates in a competitive market with competitors including HouseCanary, Clear Capital, Class Valuation, Valocity and AppraisalVision, among others.

  • Headquarter Oklahoma City, United States
  • Employees 48 as on 31 Dec, 2016
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mercury Network Llc
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Cotality

    & 2 more

  • Employee Count
    48

    as on Dec 31, 2016

  • Investments & Acquisitions
  • Acquired by
    CoreLogic

    & 1 more

    (Aug 10, 2017)

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Products & Services of Mercury Network

Mercury Network offers a comprehensive portfolio of products and services, including Appraisal Scope, Manage AMCs, Commercial RealView, OptiVal, and Collateral Expert. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for streamlining residential and commercial appraisal processes.

Tool for ordering appraisals from AMCs to ensure compliance.

Platform for managing commercial real estate valuations.

Software for optimizing property valuation workflows.

System for assessing and controlling collateral quality.

Funding Insights of Mercury Network

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2015 Amount Series A - Mercury Network 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 Mercury Network

Mercury Network has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Cotality, Saratoga Investment and Serent Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investment firm investing in the US
Founded Year Domain Location
-
Founded Year Domain Location
Property data and analytics solutions are provided by Cotality.
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 Mercury Network

Mercury Network has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Appraisal Scope and Platinum Data. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Appraisal management software is provided to lenders and AMCs.
2008
Data analytics solutions are provided for mortgage industry stakeholders.
2002
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 - Mercury Network

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Mercury Network Comparisons

Employees
+
Add Comparison
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Competitors of Mercury Network

Mercury Network 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 HouseCanary, Clear Capital, Class Valuation, Valocity and AppraisalVision, 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
AI-powered real estate data and analytics solutions are offered.
domain founded_year HQ Location
Property valuation solutions are provided to banks and lenders.
domain founded_year HQ Location
Loan servicing and appraisal management software is provided.
domain founded_year HQ Location
Property valuation processes are automated via a specialized platform.
domain founded_year HQ Location
Valuation of residential mortgage collateral is enabled by AI software.
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 Mercury Network

Frequently Asked Questions about Mercury Network

When was Mercury Network founded?

Mercury Network was founded in 2008 and raised its 1st funding round 7 years after it was founded.

Where is Mercury Network located?

Mercury Network is headquartered in Oklahoma City, United States. It is registered at Oklahoma City, Oklahoma, United States.

How many employees does Mercury Network have?

As of Dec 31, 2016, the latest employee count at Mercury Network is 48.

What does Mercury Network do?

Founded in 2008 and based in Oklahoma City, United States, Mercury Network operates in the financial software sector. Vendor workflow processes and valuation operations are managed through its appraisal software, ensuring compliance with banking regulations. Services include valuation management tools, appraisal quality control automation, automated valuation model performance testing, property value estimation solutions, fraud detection systems, and front-end applications.

Who are the top competitors of Mercury Network?

Mercury Network's top competitors include Class Valuation, Clear Capital and HouseCanary.

What products or services does Mercury Network offer?

Mercury Network offers Appraisal Scope, Manage AMCs, Commercial RealView, OptiVal, and Collateral Expert.

How many acquisitions has Mercury Network made?

Mercury Network has made 2 acquisitions, including Appraisal Scope, and Platinum Data.

Who are Mercury Network's investors?

Mercury Network has 3 investors. Key investors include Cotality, Saratoga Investment, and Serent Capital.

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