# Mercury funding: rounds and investors

> Mercury has raised $528M across 5 rounds since 2019. Investors include Andreessen Horowitz, Sequoia Capital and CRV. Every round with its source.

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

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

# 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.

AI Professional Services Financial Services Fintech

Raised 6 months ago Valuation: $3.5B, Mar 2026

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Funding summary Updated 5 Nov 2026

**$528M** raised across 5 rounds since 2019, from 9 sources

**$20M** Series A **$7.5M** Seed **$300M** Series C **$200M** Series D

- **Latest round:** Series D, $200M May 2026
- **Led by:** TCV
- **Biggest round:** $300M Series 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.

2020 2021 2022 2023 2024 2025 2026

**$20M** Series A

**$7.5M** Seed

**$300M** Series C

**?** Venture

**$200M** Series D

- **First round:** Series A, $20M
- **Biggest round:** $300M
- **Usual gap between rounds:** 2.5 years

## The rounds

- **May 2026** Series D **$200M** *1 new* *7 returning* [TCV](https://millionrounds.com/fund/tcv) Lead [500 Global](https://millionrounds.com/fund/500-startups) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [CRV](https://millionrounds.com/fund/crv) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Coatue](https://millionrounds.com/fund/coatue-management) [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) Reported by Crunchbase News and 3 others SEC filing: $200M sold
- **Dec 2025** Venture **Amount undisclosed** *2 new* *3 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Coatue](https://millionrounds.com/fund/coatue-management) [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) Source recorded SEC filing: $2.4M sold, first sale Sept 2025
- **Mar 2025** Series C **$300M** *4 new* *2 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [CRV](https://millionrounds.com/fund/crv) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Coatue](https://millionrounds.com/fund/coatue-management) [Marathon](https://millionrounds.com/fund/marathon) Reported by TechCrunch and 1 other SEC filing: $200M sold, first sale Mar 2025
- **Oct 2022** Seed **$7.5M** *3 new* [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) [North Island Ventures](https://millionrounds.com/fund/north-island-ventures) Source recorded
- **Sept 2019** Series A **$20M** *2 new* [CRV](https://millionrounds.com/fund/crv) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) Reported by TechCrunch SEC 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.

**Series A** 2019 **Seed** 2022 **Series C** 2025 **Venture** 2025 **Series D** 2026 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) L [CRV](https://millionrounds.com/fund/crv) L [Coatue](https://millionrounds.com/fund/coatue-management) [500 Global](https://millionrounds.com/fund/500-startups) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) [TCV](https://millionrounds.com/fund/tcv) L [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital)

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **4** rounds

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **3** rounds, led 1

[CRV](https://millionrounds.com/fund/crv) VC firm **3** rounds, led 1

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **3** rounds

[500 Global](https://millionrounds.com/fund/500-startups) Angel **2** rounds

[Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **2** rounds

[Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) VC firm **2** rounds

[TCV](https://millionrounds.com/fund/tcv) Private equity **1** round, led 1

[Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm **1** round

[Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) VC firm **1** round

[North Island Ventures](https://millionrounds.com/fund/north-island-ventures) VC firm **1** round

[Marathon](https://millionrounds.com/fund/marathon) Angel **1** round

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

## 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.

## Companies like Mercury

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

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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