About Mercury
Mercury is a company based in San Francisco (United States) founded in 2010 by Max Tagher, Jason Zhang, and Immad Akhund. Mercury has raised $546 million across 7 funding rounds from investors including Natixis, Sequoia Capital and Spark Capital. Mercury has completed 3 acquisitions, including Allerez Corp, Performant and Teal. Mercury offers products and services including Business Banking, Treasury Management, Invoicing, Bill Pay, and Corporate Cards. Mercury operates in a competitive market with competitors including Brex, BlueVine, Tide, Novo and Found, among others.
- Headquarter San Francisco, United States
- Founders Max Tagher, Jason Zhang, Immad Akhund
- Stage Unicorn
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$546 M (USD)
in 7 rounds
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Latest Funding Round
$200 M (USD), Series D
May 08, 2026
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Investors
Natixis
& 17 more
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Employee Count
Not available
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Investments & Acquisitions
Allerez Corp
& 2 more
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Products & Services of Mercury
Mercury offers a comprehensive portfolio of products and services, including Business Banking, Treasury Management, Invoicing, Bill Pay, and Corporate Cards.
Platform for managing accounts and transactions
System for earning yields on idle cash
Tool for generating and tracking invoices
Service for handling and approving payments
Cards for controlled business spending
People of Mercury
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Software Development Team
115 people
Senior Team
25 people
Onboarding Team
13 people
Human Resources and Administration
11 people
Sales and Marketing
11 people
Support Team
8 people
Operations Team
8 people
Customer Team
7 people
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Funding Insights of Mercury
Mercury has successfully raised a total of $546M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in May 2026. 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.
Investors in Mercury
Mercury has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Natixis, Sequoia Capital and Spark Capital.
| Investor | Description | Founded Year | Domain | Location |
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Sequoia Capital is engaged in venture capital investments.
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Spark Capital is engaged in venture capital investments.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Investor details for Mercury
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Mercury
Mercury has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Allerez Corp, Performant and Teal.
Investment portfolio details for Mercury
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Teal is focused on building accounting solutions for SMB software companies.
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Locked | Locked | 2023 | Locked | |
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Provider of contracted-out business services across multiple sectors
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Locked | Locked | 1999 | Locked | |
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Software development and data analytics services are provided.
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Locked | Locked | 0 | Locked |
Complete acquisition details for Mercury
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Mercury
Detailed financials for Mercury
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Mercury Comparisons
Peer comparison for Mercury
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Mercury
Mercury 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 Brex, BlueVine, Tide, Novo and Found, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
SaaS-driven credit card and spend management solutions platform for businesses
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Digital bank for businesses
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Tide is recognized as a digital banking platform for businesses.
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| Locked | Locked | Locked |
Casino sites are evaluated and reviewed by Novo.
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| Locked | Locked | Locked |
Accounting and bookkeeping solutions are provided for small businesses.
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Detailed competitors of Mercury
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Mercury
Complete news archive for Mercury
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Mercury
Mercury was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Mercury is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Immad Akhund is the current CEO of Mercury. They have also founded this company.
Mercury is a funded company, having raised a total of $546M across 7 funding rounds to date.
Mercury was founded in 2010 in San Francisco, United States, and operates in the fintech sector. Online business banking services and financial workflow management tools are offered through a dedicated platform. Banking operations, payments processing, expense tracking, invoicing, and accounting automations are managed via this system. Tools for sending and receiving payments, handling bills, generating invoices, and monitoring expenses are integrated to support business financial needs across the United States.
Mercury offers Business Banking, Treasury Management, Invoicing, Bill Pay, and Corporate Cards.
Mercury has made 3 acquisitions, including Allerez Corp, Performant, and Teal.
Mercury has 18 investors. Key investors include Natixis, Sequoia Capital, Spark Capital, Andreessen Horowitz, and CRV.
The valuation of Mercury is $1.62B as of Jul 2021.