Mercury

The fintech more than 450K ambitious companies trust with their finances.

Founded 2017

San Francisco, United States 1819 employees Series D Total: $750.90M Financial Services, Fintech +3

General Information

Company Name Mercury

Founded Year 2017

Location

San Francisco, United States

Employees 1819

Industries Financial Services, Fintech, Information Technology +2

Funding Stage Series D

Business Model B2B, SaaS

Revenue Model Service Fee, Usage Based, Subscription

Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Feature Release Oct 28, 2026

Mercury launched Command, an AI agent that automatically builds invoices from uploaded contracts.

New Partnership Oct 28, 2026

Cat Labs adopted Mercury Payroll to handle state tax registration, compliance filings, and year-end W-2s.

Revenue Metrics Oct 26, 2026

Mercury hit $1B in revenue, celebrating the milestone with a full-page ad in the New York Times.

Pricing Changed Oct 23, 2026

A new plan, Mercury Payroll, was added for $100/mo + $50/per person paid/mo, waived until Dec 31, 2026.

Major Customer Win Oct 09, 2026

Fintech company Mercury secured Tillage as a customer, with Jamin Jantz noting they use Mercury for expense reports and spending anomaly alerts.

Event Participation Oct 08, 2026

Mercury hosted the Mercury Bookstore during SF Tech Week, inviting attendees to visit.

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AI Insight

Bounce Watch AI

1 day ago

Mercury has demonstrated significant strategic momentum, achieving a major milestone with $1 billion in revenue, signaling strong market validation and growth. This financial success is reinforced by new product developments, including the launch of 'Command,' an AI-powered invoicing agent, which signifies a strategic pivot towards advanced AI-driven financial automation. Furthermore, the introduction of 'Mercury Payroll' as a distinct offering expands their service suite, diversifying revenue streams and addressing broader business financial management needs beyond core banking solutions.

Signal Types

Revenue Milestone Product Launch Service Expansion Customer Acquisition

Strategic Labels

AI Integration Market Expansion Product Diversification

Next Move: Expansion

Impact: 9/10

Ideal For: Fintech Growth Equity — Series D/E

About Mercury

Mercury, founded in 2017, is a leading player in the Fintech space, providing innovative financial solutions for ambitious companies within the Financial Services, Information Technology, Insurtech, and Banking industries. With headquarters in the United States, Mercury has positioned itself as a key partner to over 300K startups, empowering them with a powerful financial ecosystem that places precision and control at the forefront of operations.

Their offerings revolve around a central account that enhances companies' financial decision-making processes and aligns spending with corporate priorities. Their recent $200.00M Series D funding round on 01 May 2026 underscores confidence in their model, attracting major investors such as CRV, Coatue, Sapphire Ventures, Spark Capital, Andreessen Horowitz/a16z, TCV, and Sequoia. Although not FDIC-insured, Mercury collaborates with Choice Financial Group and Column N.A., ensuring banking services are securely provided to its clients.

Business keywords: Banking Solutions, Financial Workflows, Startup Finance, Financial Decision Making, Business Banking, Financial Operations, Account Management, Financial Control, Cash Flow Management, Precision Finance

Services & Products

Business Checking & Savings Accounts

Business Credit Cards

Payments and Invoicing Solutions

Treasury Management

AI-Powered Financial Analytics

Target Customers

Startups Entrepreneurs Ecommerce Brands VC Funds Accounting Firms Agencies and Consultants Crypto Businesses

Pricing

as listed on Oct 23, 2026

Free plan · $29.9–299/month · custom plans on request

Banking services and essential tools: free
Mercury Books: $35/month
Mercury Payroll: $100/month
Plan 1 (implied): $29.9/month

Mercury's pricing page

Funding Rounds & Investors (9)

View All

Funding Stage	Amount	Investors	Lead Investors	Date
Series D	$200.00M	7	CRV, Coatue +5	01 May 2026
Secondary Market	$300.00M	6	CRV, Coatue +4	01 Mar 2025
Debt Financing	$100.00M	1	Natixis Corporate & Investment Banking	01 Oct 2024
Series B	Undisclosed	-		01 Nov 2023
Secondary Market	Undisclosed	1	Raison Asset Management	01 Jul 2022
Series B	$120.00M	12	CRV, Coatue +10	01 Jul 2021
Series A	$20.00M	4	CRV, Andreessen Horowitz/ a16z +2	01 Sep 2019
Seed	$6.00M	4	Andreessen Horowitz/ a16z, Coelius Capital +2	01 Jan 2019
Seed	$4.90M	1	Homebrew	01 Oct 2017

Mercury Alternatives & Competitors

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FAQ About Mercury

The fintech more than 450K ambitious companies trust with their finances.

Mercury was founded in 2017.

Mercury is headquartered in San Francisco, United States.

Mercury operates in Financial Services, Fintech, Information Technology, Insurtech and Banking. Its work centres on Banking Solutions, Financial Workflows, Startup Finance and Financial Decision Making. Its customers include Startups, Entrepreneurs and Ecommerce Brands.

Mercury has a B2B and SaaS business model. Its revenue comes from Service Fee, Usage Based and Subscription.

As listed on Mercury's pricing page on Oct 23, 2026: Free plan · $29.9–299/month · custom plans on request (Banking services and essential tools: free; Mercury Books: $35/month; Mercury Payroll: $100/month; Plan 1 (implied): $29.9/month).

Mercury has approximately 1819 employees.

Mercury has completed 9 funding rounds, raising a total of $750.90M. The latest funding stage is Series D.

Mercury offers: Business Checking & Savings Accounts, Business Credit Cards, Payments and Invoicing Solutions, Treasury Management, AI-Powered Financial Analytics.

Top alternatives and competitors to Mercury include Rho, Bluevine, Divvy, Novo, Incard. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Mercury and Rho are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Mercury, https://bouncewatch.com/company/mercury-1, updated 30 October 2026. When citing, please name BounceWatch and link this page.

Mercury

General Information

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AI Insight

About Mercury

Services & Products

Target Customers

Pricing

Funding Rounds & Investors (9)

Mercury Alternatives & Competitors

FAQ About Mercury