Mercato
Latest round
- Series A
Last raised
- Jan 2021
Total raised
- $30M
Investors
- 6
About Mercato
Mercato, Inc.Founded in 2015 and headquartered in San Diego, US, Mercato, Inc. offers a unique platform that facilitates grocery shopping from local merchants.nyc, and Team Europe.Mercato provides an online grocery delivery service that connects customers with local independent grocers, offering a wide selection of food products ranging from fresh produce and hand-cut meats to artisanal cheeses and specialty beverages. The platform allows consumers to shop from multiple merchants in their neighborhood, ensuring access to high-quality, locally sourced ingredients while supporting community businesses.Mercato generates revenue by facilitating customer transactions through its platform, which operates primarily on a B2C (business-to-consumer) model. Customers can order groceries directly from independent retailers, with options for scheduled delivery or in-store pickup. The platform also offers a subscription service that provides free delivery for members. The company aims to expand its operational capacity and explore further growth initiatives, including the introduction of new products and potential geographic market expansions as it continues to refine its service offerings.
Who invested in Mercato
6 investors across 2 rounds
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Questions about Mercato
Who invested in Mercato?
Mercato has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mercato raised?
Mercato has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Mercato last raise money?
Mercato's most recent round on record is a Series A, in Jan 2021.
What does Mercato do?
Mercato is a retail company.
Where is Mercato headquartered?
Mercato is headquartered in San Diego, US.
Which VCs invest in companies like Mercato?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at Mercato's stage. Their profiles are linked below.
VCs backing retail startups at Series A
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