
Mercury Stock
Financial Infrastructure for Businesses
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About Mercury Stock
Mercury is an online bank that provides business banking services, such as virtual debit cards and software to connect bank accounts to payment processors. The company's goal is to empower these businesses by offering them a zero-fees banking stack, inclusive of a business checking and savings account.
Mercury was founded in 2019 by Immad Akhund and is headquartered in San Francisco. Notable investors include Coatue, CRV, and Andreessen Horowitz.
Investors
Caffeinated Capital
Airtable, Opendoor, Affirm, Brex, SingleStore, Boom Supersonic, Divvy Homes, Virta Health, Mercury, CloudTrucks
Chapter One Ventures
CRV
DoorDash, Airtable, Bird, Fair, Cybereason, Twitter, Niantic, ClassPass, Recursion Pharmaceuticals, Freenome
Homebrew
Chime, Gusto, Plaid, Bowery Farming, Shield AI, Carbon Health, Mercury, Tia, Shyp, Chain
Funding History
January 2017 | $59K |
---|---|
January 2018 | $200K |
January 2018 | $30K |
January 2018 | $4.7M |
November 2019 | $720K |
November 2019 | $100K |
November 2019 | $345K |
November 2019 | $125K |
November 2019 | $21.0M |
January 2021 | $19.3M |
January 2021 | $150K |
July 2021 | $160M |
Management
CEO & Founder
Immad Akhund
COO, Co-Founder
Jason Zhang
Press
businessinsider - Aug, 5 2023
Salary startup Comprehensive raised $6 million to simplify managing employee pay data. Here's the pitch deck it used to woo investors.forbes - Jul, 20 2023
On Technology: These Are 50 Hot Software Applications For SMBs This Yearnews - Mar, 29 2023
Private Credit Funds, Banks Will Aggressively Push To Fill SVB’s Role — Likely At Higher Ratesmedium - Mar, 10 2023
The First Level of Depth,linkedin - Feb, 4 2023
Beautiful Minds Foundation has released a business pitch and is currently in the pre-seed funding round.original - Dec, 10 2022
Tech Entrepreneur Promises Lifetime Help and Support for Veterans and Government Officialschicago - Apr, 30 2020
Horoscope for Thursday, April 30, 2020cio - Feb, 5 2020
The making of a multitasking chatbot - lessons from Mercurychicago - Jan, 6 2020
Woman hit by car while crossing street in Edison Parkprweb - Oct, 25 2019
Mercury Insurance Advises Californians How to Protect Against Risks Caused by Rolling Blackouts across the Stateibtimes - Oct, 24 2019
Serena Williams, Larry Fitzgerald And Kevin Durant Partner On New Digital Bank For Startupschron - Oct, 21 2019
Woman trapped in wrecked car dies in flamespulse2 - Oct, 5 2019
Mercury: This Digital Bank For Startups Just Raised Funding From A Group Of Powerful Investorsfintechfutures - Oct, 2 2019
Will Smith and Kevin Durant part of $20m investment in Mercuryfintechfutures - Oct, 2 2019
Will Smith and Kevin Durant part of $20m investment in Mercuryfinextra - Sep, 28 2019
Mercury raises $20m to build bank services for startupsfinextra - Sep, 28 2019
Mercury raises $20m to build bank services for startupsnytimes - Mar, 20 2019
Learning With: ‘Mercury Is in Retrograde. Don’t Be Alarmed.’classifieds - Mar, 20 2019
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