Mercury was founded in 2017 by Immad Akhund, Jason Zhang, and Maximilian Tagher. The company has not publicly endorsed plans to participate in an IPO.
Mercury is a banking platform built for startups. While the company is not a bank itself, Mercury's platform gives business the tools to manage their finances from a single stack. Mercury offers cashflow analytics, visual dashboards, payment processing, and in 2022 announced plans to offer venture debt to early-stage startups. Mercury has raised more than $150 million in venture capital funding from investors including Andreessen Horowitz, CRV, Sapphire Ventures, L2 Ventures, SV Angel, and Serena Ventures. In 2021, the company announced that it had raised $120 million in fresh capital at a $1.62 billion valuation.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Mercury is a privately held company and is not publicly traded, therefore investing in Mercury pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of Mercury before it goes public?
You can seek to sell your shares in Mercury while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my Mercury shares?
To determine the value of your Mercury shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Mercury shares. You can also learn more about how to sell your private shares before getting started.
Is Mercury a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
To learn more about Mercury potential IPO
Will Mercury go IPO?
Mercury has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.
What is Mercury’s IPO price?
The Mercury IPO price does not exist at this time, as Mercury is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Mercury register for Forge Markets, today.
When was Mercury founded?
Mercury was founded in 2017.
What is Mercury funding to date?
Mercury has raised $451.64MM to date.
Mercury major investors
Andreessen Horowitz
Caffeinated Capital
Coatue Management
Crv
Dreamers Vc
Quiet Capital
Spark Capital
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Mercury funding rounds and valuation
Funding history chart
Funding round details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
03/26/2025
Series C
$242.55MM
$xx.xx
$3.5B
Andreessen Horowitz, Coatue Management, Crv, Marathon, Sequoia Capital, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
1,875,292
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Coatue Management, Crv, Marathon, Sequoia Capital, Spark Capital
Forge, your trusted partner for pre-IPO insights and Mercury data
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May Private Market Update
