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.

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Learn more about Mercury

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What is Mercury's IPO price?

The IPO price for Mercury will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Mercury?

Mercury is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Mercury shares pre-IPO?

If you own Mercury pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is Mercury a publicly traded company?

Mercury is a private company and not publicly traded.

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.

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What is Mercury's funding to date?

Mercury has raised $209.17MM to date.
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When was Mercury founded?

Mercury was founded in 2017.

Who are Mercury's major investors?

Coatue Management
Caffeinated Capital
Dreamers VC
Quiet Capital

Mercury Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
7/3/2021 Series B $162.52MM raised $XXX.XX $XXX.XX
1/31/2021 Series B-1 and B-2 $19.43MM raised $XXX.XX $XXX.XX
9/26/2019 Series A-1, A-2, A-3, A-4 and A-5 $22.29MM raised $XXX.XX $XXX.XX
10/4/2017 Series Seed, Seed-1 and Seed-2 $4.93MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: May 24, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.