Mercury (Series C)
Funding Details
- Awarder
- Inbox
- Date Award
- March 26, 2025
- Vertical
- Fintech
- Funding URL
- View Funding Page
- Premoney Valuation
- $3,200,000,000
- Valuation
- $3,500,000,000
- Funding Amount:
- $300,000,000
Company Info
- Founding Year
- 2017
- Traction
- Mercury has over 200,000 customers and reported $500 million in revenue for 2024, with 10 consecutive quarters of profitability. The company has seen a 40% year-over-year customer growth and a 64% increase in payment volume to $156 billion.
- Revenue Amount
- $500,000,000
- Founders
- Immad Akhund, Max Tagher, Jason Zhang
- Company Description
- Mercury provides online banking solutions for startups and technology-focused businesses.
- Market
- Digital Banking
- Location
- USA
- Coinvestors
- Coatue, CRV, Andreessen Horowitz, Spark Capital, Marathon