Mercury
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Investors
About
Mercury is a San Francisco-based digital banking platform serving 300,000+ business customers including a third of early-stage startups; the company has been profitable for the past four years and hit $650M annualized revenue in Q3 2026 123. The $200M Series D announced May 20, 2026 at a $5.2B valuation (49% up from the $3.5B March 2025 Series C) was led by TCV with participation from existing backers Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital, and Spark Capital 123. Mercury plans to pursue a federal bank charter 13.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-05-20 | Series D | $200M (at $5.2B val) | TCV | Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital, Spark Capital 123 |
What Investors Say
No independently sourced investor quotes found at this time.
What Founders Say
No independently sourced founder quotes found at this time.
Sources
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BusinessWire, “Mercury Raises $200 Million Series D at $5.2B Valuation,” May 20, 2026. Accessed May 2026. https://www.businesswire.com/news/home/20260520511817/en/Mercury-Raises-$200-Million-Series-D-at-$5.2B-Valuation↩↩↩↩
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Mercury blog, “Announcing Mercury’s Series D,” May 20, 2026. Accessed May 2026. https://mercury.com/blog/series-d-announcement↩↩↩
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CNBC, “Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months,” May 20, 2026. Accessed May 2026. https://www.cnbc.com/2026/05/20/fintech-mercury-valuation-fundraise-bank-charter.html↩↩↩↩