mercury.comFinTech / Digital BankingFounded: 2017Funding to Date: $624.99MM
Mercury offers banking for startups. Founders can access free checking and savings accounts, debit and credit cards, domestic and international wire transfers, treasury, venture debt, and more. Mercury also offers community programs that provide founders with connections, advice, and resources. This company was founded in 2019 by Immad Akhund, Jason Zhang, and Max Tagher and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/03/2021 | Series B | $162.53MM | $xx.xx | $1.61B | Coatue Management | |
Price per Share
$xx.xx
Shares Outstanding
2,115,652
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
Coatue Management
|
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01/31/2021 | Series B-1 | $19.28MM | $xx.xx | $669.4MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,455,876
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
Undisclosed Investors
|
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01/31/2021 | Series B-2 | $149,997.30 | $xx.xx | $669.4MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,905
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
Undisclosed Investors
|
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09/26/2019 | Series A-1 | $21MM | $xx.xx | $95.65MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
Price per Share
$xx.xx
Shares Outstanding
3,528,385
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
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09/26/2019 | Series A-2 | $124,981.35 | $xx.xx | $95.65MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
Price per Share
$xx.xx
Shares Outstanding
23,333
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
||||||
09/26/2019 | Series A-3 | $344,991.38 | $xx.xx | $95.65MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
Price per Share
$xx.xx
Shares Outstanding
72,458
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
||||||
09/26/2019 | Series A-4 | $99,998.11 | $xx.xx | $95.65MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
Price per Share
$xx.xx
Shares Outstanding
40,499
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
||||||
09/26/2019 | Series A-5 | $719,987.72 | $xx.xx | $95.65MM | Andreessen Horowitz, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky | |
Price per Share
$xx.xx
Shares Outstanding
345,593
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, Andre Iguodala, Crv, Kevin Durant, Kevin Hartz, Ryan Petersen, Scott Belsky
|
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10/04/2017 | Series Seed | $4.7MM | $xx.xx | $14.93MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,612,442
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
Undisclosed Investors
|
||||||
10/04/2017 | Series Seed-1 | $199,999.00 | $xx.xx | $14.93MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
145,740
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
Undisclosed Investors
|
||||||
10/04/2017 | Series Seed-2 | $29,999.38 | $xx.xx | $14.93MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
20,039
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
Undisclosed Investors
|