# Mercantile funding: rounds and investors

> Mercantile has raised $15M across 1 round since 2022. Investors include General Catalyst, SV Angel and Index Ventures. Every round with its source.

Source: https://millionrounds.com/company/mercantile (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Mercantile*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$15M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $15M Aug 2022
- **Investors:** 5

See who backed them

## The rounds

- **Aug 2022** Series A **$15M** [General Catalyst](https://millionrounds.com/fund/general-catalyst) [SV Angel](https://millionrounds.com/fund/sv-angel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [BoxGroup](https://millionrounds.com/fund/boxgroup) Source recorded

## Everyone who backed them

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round

[First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=mercantile).

## Quick answers about Mercantile

### Who invested in Mercantile?

Mercantile's investors include General Catalyst, SV Angel, Index Ventures, First Round Capital and BoxGroup.

### How much has Mercantile raised?

Mercantile has raised $15M across 1 round since 2022.

### When did Mercantile last raise?

Mercantile's most recent round was a Series A of $15M in Aug 2022.

### What was Mercantile's biggest round?

Its most recent round, $15M in Aug 2022, is also its largest on record.

### Who backed Mercantile first?

Mercantile's first round on record, in Aug 2022, was backed by General Catalyst, SV Angel and Index Ventures and 2 others.

### What stage is Mercantile at?

Mercantile's latest named round is a Series A, in Aug 2022.

### Where is Mercantile based?

Mercantile is based in the United States.

## Companies like Mercantile

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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