About Mercury
Mercury is a Financial Services company based in San Francisco (United States) founded in 2010 by Max Tagher, Jason Zhang, and Immad Akhund. Online business banking and financial workflow tools are provided. Mercury has raised $546 million across 7 funding rounds from investors including Natixis, Wefunder and Tribe Capital. The company has 1,807 employees. Mercury has completed 3 acquisitions, including Allerez Corp, Performant and Teal. Mercury was last valued at $5.2 billion in May 2026. Its chief executive, as recorded, is Immad Akhund. Its website mercury.com draws about 3.3 million monthly visits. Mercury offers products and services including Business Banking, Treasury Management, Invoicing, Bill Pay, and Corporate Cards. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships. Its competitors include Brex, BlueVine and Novo; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Annual Revenue$2.71 M (USD)as on Dec 31, 2021
- Net Profit-$8.71 M (USD)as on Dec 31, 2021
- Total Equity Funding$546M (USD)
in 7 rounds
- Latest Funding Round$200M (USD), Series D
May 2026
- InvestorsNatixis
& 65 more
- Employee Count1,807
- Investments & AcquisitionsAllerez Corp
& 2 more
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
Apps and channels of Mercury
Mercury publishes 1 mobile app; its YouTube channel Mercury has 3.61K subscribers and 30 videos.
Videos from Mercury
The most watched videos on Mercury's YouTube channel, Mercury (3.61K subscribers). Click a video to play it here.
More on Mercury.
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.
- Total Funding $546M
- Total Rounds 7
- Last Round Series D — $200M
- First Round $6M
(Aug 2017)
- Investors Count 66
All 7 funding rounds of Mercury with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Jul 2021 | $1.62B | •••••••• |
Last known valuation $5.2B (May 2026). 66 investors in total: 40 institutional and 26 angel.
Investors in Mercury
Mercury has secured backing from 66 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Natixis, Wefunder and Tribe Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Spark Capital is engaged in venture capital investments. | sparkcapital.com | San Francisco, United States | ||
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
CRV is recognized as a venture capital firm investing in technology startups. | crv.com | Palo Alto, United States | ||
Provider of an investment platform for various stages | coatue.com | New York, United States | ||
Venture capital investments are directed toward category-defining founders by Marathon. | marathonmp.com | New York, United States | ||
Venture capital firm partnering with enterprise software companies and early-stage funds. | sapphireventures.com | |||
Venture capital firm focused on early-stage companies | dreamers.vc | Calabasas, United States | ||
Venture capital is invested in global technology companies by TCV. | tcv.com | Menlo Park, United States | ||
Investments are made in early-stage startups by Serena Ventures. | serenaventures.com | San Francisco, United States |
Investor details for Mercury
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Mercury
250 people are tracked at Mercury (39 in leadership, 1 in board & advisors, 210 in team); the tracked headcount is 1,807.
| Name | Role | Group |
|---|---|---|
Max Tagher | Co-Founder & CTO | Leadership |
Jason Zhang | Co-Founder & COO | Leadership |
Immad Akhund | Co-Founder & CEO | Leadership |
Collin Murray | Head Of Support | Leadership |
Veronica Pohls | VP, People | Leadership |
Branden Wagner | Head Of Information Security | Leadership |
Ashwin Baskaran | VP Of Engineering | Leadership |
Stuart Goldberg | Head Of Strategic Finance | Leadership |
Marti Sollenberger | Head Of Operations | Leadership |
Chelsea Koehler | Senior People Partner (ii) | Leadership |
Thiago Rodrigues de Paula | Head Of Engineering | Leadership |
Chad Bendall | Director Of Revenue Strategy, Operations And Enablement | Leadership |
Nick Dellis | VP, Revenue | Leadership |
Chase Little | Head Of Credit | Leadership |
Payton Turnage | Head of Engineering, Growth & Revenue | Leadership |
Lev Dubinets | Head Of Engineering, Banking | Leadership |
Maximilian Tagher | Co-Founder & CTO | Leadership |
Dylan Bowermaster | Head Of Revenue & Ecosystem Partnerships | Leadership |
Rachel Moncton Oatway | VP, Marketing | Leadership |
Tabitha Blagdon | Head Of Engineering, Risk | Leadership |
230 more people are available in the full profile.
Complete people profiles for Mercury
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Investments & Acquisitions by Mercury
Mercury has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Allerez Corp, Performant and Teal.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Teal is focused on building accounting solutions for SMB software companies. | teal.dev | Vancouver, Canada | 2023 | Sep 2024 | •••• | |
Software development and data analytics services are provided. | allerez.com | San Mateo, United States | 0 | Jun 2004 | •••• | |
Provider of contracted-out business services across multiple sectors | performant.com | Bristol, United Kingdom | 1999 | Jun 2003 | $22.5M |
Complete acquisition details for Mercury
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Exports
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Timeline of Mercury
7 dated milestones of Mercury across 23 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires Performant.
- Acquisition Acquires Allerez Corp.
- Founded Mercury is founded.
- Funding First funding round of $6.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Teal.
- Funding Latest funding round, Series D, of $200.0M.
Competitors of Mercury
Mercury has 3 listed competitors in our database, 3 of them funded. They include Brex, BlueVine and Novo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| brex.com | 2017 | Draper, United States | $1.2B | SaaS-driven credit card and spend management solutions platform for businesses | ||
| bluevine.com | 2013 | Redwood, United States | $287.5M | 334 | Digital bank for businesses | |
| novoreality.com | 2016 | Brooklyn, United States | $600,000 | Casino sites are evaluated and reviewed by Novo. |
Detailed competitors of Mercury
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Mercury
The website of Mercury (mercury.com) receives about 3.3M visits a month and ranks #14,256 among all websites worldwide, #1,930 in Computers Electronics and Technology.
- Monthly visits3.3M
▲ 8.7% vs previous month
- Unique visitors622.2K
per month
- Global rank#14,256
among all websites
- Category rank#1,930
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate28%
- Pages per visit7.3
- Average visit3 min 54 sec
- DevicesDesktop 79% · Mobile 21%
Websites whose visitors overlap most with Mercury. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ramp.com | 100% | 5.1M | #9,228 | View details | |
| calendly.com | 97% | 40.1M | #1,297 | View details | |
| linear.app | 95% | 5.8M | #10,920 | View details | |
| upwork.com | 95% | 38M | #886 | View details | |
| figma.com | 94% | 84.7M | #221 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Mercury
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Mercury (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 | ||
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 |
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Related news about Mercury
Complete news archive for Mercury
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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 CEO of Mercury, as recorded in our data. They have also founded this company.
Mercury is a funded company, having raised a total of $546M across 7 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Aug 2017.
Mercury has 1,807 employees.
Annual revenue of Mercury is $2.71M as on Dec 31, 2021.
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 66 investors. Key investors include Natixis, Wefunder, Tribe Capital, Sequoia Capital, and Spark Capital.
The valuation of Mercury is $5.2B as of May 2026.