United States · Series D startup

Who invested in Mercury

5 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIProfessional ServicesFinancial ServicesFintech

Raised 6 months agoValuation: $3.5B, Mar 2026

Funding summaryUpdated 5 Nov 2026

$528Mraised across 5 rounds since 2019, from 9 sources

$20MSeries A$7.5MSeed$300MSeries C$200MSeries D
Latest round
Series D, $200MMay 2026
Led by
TCV
Biggest round
$300MSeries C · Mar 2025
Investors
12 (3 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020202120222023202420252026
$20MSeries A$7.5MSeed$300MSeries C?Venture$200MSeries D
First round
Series A, $20M
Sept 2019
Biggest round
$300M
Series C · Mar 2025
Usual gap between rounds
2.5 years
the median of 4

The rounds

  1. May 2026
    Series D$200M1 new7 returning

    Reported by Crunchbase News and 3 othersSEC filing: $200M sold

  2. Dec 2025
    VentureAmount undisclosed2 new3 returning

    Source recordedSEC filing: $2.4M sold, first sale Sept 2025

  3. Mar 2025
    Series C$300M4 new2 returning

    Reported by TechCrunch and 1 otherSEC filing: $200M sold, first sale Mar 2025

  4. Oct 2022
  5. Sept 2019
    Series A$20M2 new

    Reported by TechCrunchSEC filing: $21M sold, first sale Jul 2019

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Andreessen HorowitzVC firm4rounds
Sequoia CapitalVC firm3rounds, led 1
CRVVC firm3rounds, led 1
CoatueVC firm3rounds
500 GlobalAngel2rounds
Spark CapitalVC firm2rounds
Sapphire VenturesVC firm2rounds
TCVPrivate equity1round, led 1
Crosslink CapitalVC firm1round
Multicoin CapitalVC firm1round
MarathonAngel1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Mercury

Who invested in Mercury?

Mercury's investors include Andreessen Horowitz, Sequoia Capital, CRV, Coatue and 500 Global, and 7 more on record. TCV led its latest round.

How much has Mercury raised?

Mercury has raised $528M across 5 rounds since 2019. One round did not disclose an amount, so the total is a floor.

When did Mercury last raise?

Mercury's most recent round was a Series D of $200M in May 2026, led by TCV.

What was Mercury's biggest round?

Mercury's largest round on record is $300M (Series C), in Mar 2025, led by Sequoia Capital.

Who backed Mercury first?

Mercury's first round on record, in Sept 2019, was backed by CRV and Andreessen Horowitz.

What stage is Mercury at?

Mercury's latest named round is a Series D, in May 2026.

Where is Mercury based?

Mercury is based in the United States.

Who led Mercury's rounds?

CRV led the Series A in 2019; Sequoia Capital led the Series C in 2025; TCV led the Series D in 2026.

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