Mercury logo
FintechVC-backedSeries C
San Francisco, United States · Founded 2017

Mercury

Banking built for startups.

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About Mercury

Business banking with high deposit limits, sub-accounts, treasury, and developer-friendly APIs. Used by 200K+ startups including a16z and YC alumni.

Pitch deck breakdown

How Mercury would pitch themselves.

○ Auto-generated
01

Target customer

Startups — the core audience Mercury's product is built around.

02

Problem they solve

Business banking with high deposit limits, sub-accounts, treasury, and developer-friendly APIs. Used by 200K+ startups including a16z and YC alumni. The category has historically been served by tools that miss the modern workflow this product is built around.

03

Key differentiator

Mercury differentiates on banking built for startups. Backed by Coatue + Andreessen Horowitz, $163M+ raised — the company has resources + validation to compound this thesis. Founded by Immad Akhund.

04

Go-to-market strategy

Growth-stage GTM — multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.

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Company facts

Category
Fintech
Funding stage
Series C
Total raised
$163M+
Founded
2017
Team size
201-500
HQ
San Francisco
Country
United States
Website
mercury.com

Founders of Mercury

  • Immad Akhund

Investors backing Mercury

  • Coatue
  • Andreessen Horowitz
  • CRV

Frequently asked questions

What does Mercury do?

Business banking with high deposit limits, sub-accounts, treasury, and developer-friendly APIs. Used by 200K+ startups including a16z and YC alumni.

Where is Mercury based?

Mercury is based in San Francisco, United States.

When was Mercury founded?

Mercury was founded in 2017.

How much has Mercury raised?

Mercury has raised $163M+ in their Series C round.

Who founded Mercury?

Mercury was founded by Immad Akhund.

Who has invested in Mercury?

Mercury is backed by Coatue, Andreessen Horowitz, CRV.

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