# Mercury Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mercury-technologies

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.mercury.com/
- Total disclosed funding: $547M
- Latest round: Series D (May 8, 2026)
- Investors on record: 15

## About

Based in San Franscisco, USA and co-founded in 2017 by Immad Akhund (CEO), Max Tagher and Jason Zhang, Mercury Technologies, Inc. is a financial technology company headquartered in San Francisco, US.  In May 2026, Mercury Technologies, Inc. raised USD 200 million in series D funding led by TCV, with Coatue Management, Andreessen Horowitz, and Sequoia. The series D funding values Mercury Technologies, Inc. at USD 5.2 billion post-money.

Mercury is a financial technology company that primarily offers online business banking solutions tailored for startups and small businesses. Its core product offerings include business checking and savings accounts, expense management tools, invoicing capabilities, and access to treasury services. These services are designed to streamline financial operations by facilitating seamless transactions, automating invoicing processes, and providing robust bill payment solutions. Mercury’s platform enables businesses to manage their financial workflows from a single dashboard, enhancing operational efficiencies. The company serves a diverse clientele, which includes over 200,000 startups and small businesses across various sectors, including e-commerce, healthcare, and technology, with its products available primarily in the United States.

Mercury generates revenue through a tiered subscription model for its banking services, offering different pricing plans based on the needs of its client base. The company’s flagship services include the Mercury Plus plan, priced at USD 29.90 per month, which provides additional features such as streamlined invoicing and expense reimbursements for up to 20 users monthly, while the Mercury Pro plan, at USD 299 per month, offers advanced functionalities including a dedicated relationship manager and support for a larger number of active users. Transaction structures include monthly subscriptions for service access, as well as transaction fees for specific services, such as ACH debit invoicing. This pricing framework emphasizes Mercury’s focus on providing value-added services that cater to the operational demands of small businesses and startups.
The company is focused on designing and launching new products aimed at further enhancing its banking solutions.

## Funding rounds

- Series D, May 8, 2026, $200M — CRV, Sequoia, TCV, Spark Capital, Sapphire Ventures, Andreessen Horowitz, Coatue Management
- Series C, Mar 21, 2025, $200M — CRV, Hong Shan, Spark Capital, Andreessen Horowitz, Coatue Management, Marathon Management Partners
- Series B, Jul 3, 2021, $120M — CRV, Sapphire Ventures, Andreessen Horowitz, Coatue Management
- Series A, Jul 26, 2019, $21M — CRV, Andreessen Horowitz, 500 Global, M7 Tech Partners, Clocktower Technology Ventures, Dreamers VC, Thirty5 Ventures, Serena Ventures
- Seed, Apr 18, 2019, $6M — Andreessen Horowitz

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A, Series B, Series C, Series D
- CRV (https://capitalatlas.ai/funds/crv) — Series A, Series B, Series C, Series D
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- M7 Tech Partners (https://capitalatlas.ai/funds/m7-tech-partners) — Series A
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Series A
- Dreamers VC (https://capitalatlas.ai/funds/dreamers-vc) — Series A
- Thirty5 Ventures (https://capitalatlas.ai/funds/thirty5-ventures) — Series A
- Serena Ventures — Series A
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series B, Series D
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B, Series C, Series D
- Hong Shan — Series C
- Spark Capital — Series C, Series D
- Marathon Management Partners (https://capitalatlas.ai/funds/marathon-management-partners) — Series C
- Sequoia (https://capitalatlas.ai/funds/sequoia) — Series D
- TCV (https://capitalatlas.ai/funds/tcv) — Series D