# Mercury Fund: portfolio, investments and team

> Mercury Fund is a vc firm based in United States. 165 investments on record, 9 in the last 12 months, latest Aug 2026. Portfolio, stages, co-investors and team.

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

United States · [Investor](https://millionrounds.com/investors)

# Mercury Fund

Last cheque observed Aug 2026; 165 cheques on record.

Email

Deploying now VC firm

Seed Series A Series B B2B Business-to-business Small And Medium Business

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Deploying now

**75%** of best year **9** **cheques in 12 months**, 165 on record

Since the last cheque **68** days **00** hrs **00** min **00** sec

Median round **$7.7M** Cheque size, as they say **$750K – $5.0M** Rounds led **5 of 165** Sole investor **40 rounds** Exits **7 from the portfolio** Mostly in **United States, 98%**

Pitch Mercury Fund

## Mercury Fund highlights

- 01 9 cheques in the last 12 months
- 02 Mostly Series A and Seed: 46% of its rounds
- 03 Sole investor in 40 rounds, median $1.2M
- 04 7 exits from the portfolio

## What they do

> Mercury Fund partners with ambitious founders who are transforming markets, industries, and customer relationships through breakthrough innovation in AI, blockchain, and other frontier technologies. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $750K – $5.0M as they say
- **Stages:** Seed Series A Series B
- **Sectors:** B2B Business-to-business Small And Medium Business
- **Based in:** Houston, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **165 appearances**

- **2026** 8 rounds
- **Aug** **[Queen One](https://millionrounds.com/company/queen-one)** US · Ventureburn **$25M** *Led*
- **Jul** **[Venus Aerospace](https://millionrounds.com/company/venus-aerospace)** Series B · US · TechCrunch **$90M** *Led*
- **Jul** **[Buildforce](https://millionrounds.com/company/buildforce)** Series A · US **$10M** With 2 others
- **Jul** **[BRANDRANK.AI](https://millionrounds.com/company/brandrank-ai)** Seed · US **$3.0M** Sole investor
- **May** **[OpenTrade](https://millionrounds.com/company/opentrade)** Series A · US · Ventureburn **$17M** *Led*
- **Apr** **[Dreambase](https://millionrounds.com/company/dreambase)** Seed · US · Crunchbase News **$3.7M** With 6 others
- **Mar** **[Cart.com](https://millionrounds.com/company/cart-com)** Growth · US · Ventureburn **$180M** With 7 others
- **Mar** **[Rowan](https://millionrounds.com/company/rowan)** Seed · US **$3.3M** With 1 other
- **2025** 11 rounds
- **Dec** **[Buildforce](https://millionrounds.com/company/buildforce)** Venture · US **$7.7M** With 2 others
- **Oct** **[Sweatpals](https://millionrounds.com/company/sweatpals)** Seed · US **$12M** With 3 others
- **Sept** **[BRANDRANK.AI](https://millionrounds.com/company/brandrank-ai)** Debt · US **$965K** Sole investor
- **Sept** **[Sight Machine](https://millionrounds.com/company/sight-machine)** Venture · US **Undisclosed** With 3 others
- **Jul** **[Blumira](https://millionrounds.com/company/blumira)** Debt · US **$15M** With 3 others
- **Jul** **[ArborXR](https://millionrounds.com/company/arborxr)** Venture · US **$1.2M** With 1 other
- **Jul** **[Molecule Software](https://millionrounds.com/company/molecule-software)** Series B · US **$12M** With 1 other
- **Apr** **[SmartAC.com](https://millionrounds.com/company/smartac-com)** Venture · US **$6.8M** Sole investor
- **Mar** **[MSPbots.ai](https://millionrounds.com/company/mspbots-ai)** Seed · US **$650K** Sole investor
- **Feb** **[ReturnLogic](https://millionrounds.com/company/return-logic)** Venture · US **$366K** With 4 others
- **Jan** **[KODE Health](https://millionrounds.com/company/kode-health)** Series B · US **$27M** With 2 others
- **2024** 6 rounds
- **Oct** **[MealMe](https://millionrounds.com/company/mealme)** Series A · US · TechCrunch **$8.0M** *Led*
- **Oct** **[Voze](https://millionrounds.com/company/voze)** Series A · US **$12M** With 2 others
- **Sept** **[NanoGraf Corporation](https://millionrounds.com/company/nanograf-corporation)** Grant · US **$60M** With 3 others
- **Apr** **[Topl](https://millionrounds.com/company/topl)** Venture · US **$1.3M** With 4 others
- **Apr** **[Volt](https://millionrounds.com/company/volt)** Seed · GB **$3.0M** With 3 others
- **Jan** **[Radical](https://millionrounds.com/company/radical)** Seed · US **$4.5M** With 2 others
- **2023** 9 rounds
- **Dec** **[Medefy](https://millionrounds.com/company/medefy)** Series A · US **$15M** With 1 other
- **Nov** **[RepeatMD](https://millionrounds.com/company/repeatmd)** Series A · US **$40M** With 1 other
- **Oct** **[Graylog](https://millionrounds.com/company/graylog)** Debt · US **$30M** With 2 others
- **Aug** **[Upgrade Boutique](https://millionrounds.com/company/upgrade-boutique)** Seed · US **$20K** With 2 others
- **Aug** **[Otto](https://millionrounds.com/company/otto)** Series B · US **$43M** Sole investor
- **May** **[Amify](https://millionrounds.com/company/amify)** Series B · US **$4.2M** With 2 others
- **May** **[Ripple Science](https://millionrounds.com/company/ripple-science)** Venture · US **Undisclosed** With 4 others
- **Apr** **[Brassica](https://millionrounds.com/company/brassica)** Seed · US **$8.0M** With 4 others
- **Jan** **[Aclaimant](https://millionrounds.com/company/aclaimant)** Venture · US **$2.5M** With 3 others
- **2022** 11 rounds
- **Sept** **[Careviso](https://millionrounds.com/company/careviso)** Series B · US **$17M** Sole investor
- **Aug** **[RiskSmith](https://millionrounds.com/company/risksmith)** Pre-seed · US **$1.0M** Sole investor
- **Jul** **[Spruce](https://millionrounds.com/company/spruce)** Series B · US **$26M** With 2 others
- **Jul** **[Polco](https://millionrounds.com/company/polco)** Series A · US **$15M** With 2 others
- **Jul** **[Studio](https://millionrounds.com/company/studio)** Seed · US **$3.3M** With 3 others
- **Jun** **[Chain.io](https://millionrounds.com/company/chain-io)** Series A · US **$11M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

AM **Adrian Michael-Carr Fortino** Managing Member i Form ADV

AR **Andreas Robert Galliker** Chief Financial Officer i Form ADV

AA **Aziz Ahmed Gilani** Managing Member i Form ADV

MB **Marshall Blair Garrou** Managing Member i Form ADV

We also hold **32** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$741M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Mercury Partners Management, LLC
- **SEC number:** CRD 163879

## What they claim to have backed

From their own portfolio page (on their website)

**45** of 60 we have independently watched raise

[Aclaimant](https://millionrounds.com/company/aclaimant)[Alertlogic](https://millionrounds.com/company/alert-logic)[Ambiq](https://millionrounds.com/company/ambiq-micro)[Ambyint](https://millionrounds.com/company/ambyint)[Arborxr](https://millionrounds.com/company/arborxr)[Arden](https://millionrounds.com/company/arden)[Athenahealth](https://millionrounds.com/company/athenahealth)[Bensonhill](https://millionrounds.com/company/benson-hill)[Bitgo](https://millionrounds.com/company/bitgo)[Blumira](https://millionrounds.com/company/blumira)[Buildforce](https://millionrounds.com/company/buildforce)[Cart](https://millionrounds.com/company/cart-com)[Civitech](https://millionrounds.com/company/civitech)[Cloudsnap](https://millionrounds.com/company/cloudsnap)[Dreambase](https://millionrounds.com/company/dreambase)[Experimentengine](https://millionrounds.com/company/experiment-engine)[Goamify](https://millionrounds.com/company/amify)[Graylog](https://millionrounds.com/company/graylog)[Info](https://millionrounds.com/company/info)[Infochimps](https://millionrounds.com/company/infochimps)[Ironcladapp](https://millionrounds.com/company/ironclad)[Kodehealth](https://millionrounds.com/company/kode-health)[Liquibase](https://millionrounds.com/company/liquibase)[Lisnr](https://millionrounds.com/company/lisnr)[Medefy](https://millionrounds.com/company/medefy)[Meshify](https://millionrounds.com/company/meshify)[Molecule](https://millionrounds.com/company/molecule)[Nectarsocial](https://millionrounds.com/company/nectar-social)[Otto](https://millionrounds.com/company/otto)[Paypal](https://millionrounds.com/company/paypal)[Plasma](https://millionrounds.com/company/plasma)[Queen](https://millionrounds.com/company/queen-one)[Repeatmd](https://millionrounds.com/company/repeatmd)[Returnlogic](https://millionrounds.com/company/return-logic)[Ripplescience](https://millionrounds.com/company/ripple-science)[Salesforce](https://millionrounds.com/company/salesforce)[Satsuma](https://millionrounds.com/company/satsuma)[Sightmachine](https://millionrounds.com/company/sight-machine)[Signaladvisors](https://millionrounds.com/company/signal-advisors)[Starlab-space](https://millionrounds.com/company/starlab-space)[Topl](https://millionrounds.com/company/topl)[Travasecurity](https://millionrounds.com/company/trava-security)[Venusaero](https://millionrounds.com/company/venus-aerospace)[Voze](https://millionrounds.com/company/voze)[Wizehire](https://millionrounds.com/company/wizehire) Astronaut Bmc Brandrank Brassicafin Chain Cleanchemi Cmtsolutions Collide Cooklist Esgsolutions Getpie Getspruce Hellomoshi Kouponmedia LP Portal and 11 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **7 in all**

**[Dónde](https://millionrounds.com/company/donde)** Bought by Mobify **Undisclosed** Dec 2015

**[Macheen](https://millionrounds.com/company/macheen)** Bought by [Good Technology](https://millionrounds.com/fund/good-technology) **$8.3M** Oct 2014

**[Graphicly](https://millionrounds.com/company/graphicly)** Bought by Blurb **Undisclosed** May 2014

**[Infochimps](https://millionrounds.com/company/infochimps)** Bought by [CSC](https://millionrounds.com/fund/csc) **Undisclosed** Aug 2013

**[BlackLocus](https://millionrounds.com/company/blacklocus)** Bought by The Home Depot **Undisclosed** Dec 2012

**[Actacell](https://millionrounds.com/company/actacell)** Bought by Contour Energy Systems **Undisclosed** Sept 2012

**[Phurnace Software](https://millionrounds.com/company/phurnace-software)** Bought by BMC Software **Undisclosed** Jan 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$7.7M** the round, not its cheque Alone, median **$1.2M**

Led 5 of 165 rounds **3%**

- **Said size:** $750K – $5.0M
- **Sole investor:** 40 rounds
- **Last cheque:** Aug 2026
- **Exits:** 7 from the portfolio

Rounds by stage said on their site

- Series A said *42*
- Seed said *30*
- Series B said *27*
- Debt *26*
- Venture *22*
- Series C *9*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Access Venture Partners](https://millionrounds.com/fund/access-venture-partners) 5
- [Austin Ventures](https://millionrounds.com/fund/austin-ventures) 5
- [CincyTech](https://millionrounds.com/fund/cincytech) 5
- [DFJ](https://millionrounds.com/fund/dfj) 5
- [DFJ Frontier](https://millionrounds.com/fund/dfj-frontier) 5
- [Draper Associates](https://millionrounds.com/fund/draper-associates) 5

**Pitching Mercury Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Mercury Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Access Venture Partners** VC firm **5** rounds together](https://millionrounds.com/fund/access-venture-partners)[**Austin Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/austin-ventures)[**CincyTech** VC firm **5** rounds together](https://millionrounds.com/fund/cincytech)[**DFJ** VC firm **5** rounds together](https://millionrounds.com/fund/dfj)[**DFJ Frontier** Investment firm **5** rounds together](https://millionrounds.com/fund/dfj-frontier)[**Draper Associates** VC firm **5** rounds together](https://millionrounds.com/fund/draper-associates)[**Dundee Venture Capital** VC firm **5** rounds together](https://millionrounds.com/fund/dundee-venture-capital)[**Houston Angel Network** Angel network **5** rounds together](https://millionrounds.com/fund/houston-angel-network)[**ff Venture Capital** VC firm **5** rounds together](https://millionrounds.com/fund/ff-venture-capital)[**Covera Ventures** Growth equity **4** rounds together](https://millionrounds.com/fund/covera-ventures)[**Cultivation Capital** VC firm **4** rounds together](https://millionrounds.com/fund/cultivation-capital)[**Draper Fisher Jurvetson (DFJ)** Investment firm **4** rounds together](https://millionrounds.com/fund/draper-fisher-jurvetson-dfj)

## Recently backed

The latest companies Mercury Fund put money into.

[**Queen One** $25M · Aug 2026](https://millionrounds.com/company/queen-one)[**Venus Aerospace** $90M · Jul 2026](https://millionrounds.com/company/venus-aerospace)[**Buildforce** $10M · Jul 2026](https://millionrounds.com/company/buildforce)[**BRANDRANK.AI** $3.0M · Jul 2026](https://millionrounds.com/company/brandrank-ai)[**OpenTrade** $17M · May 2026](https://millionrounds.com/company/opentrade)[**Dreambase** $3.7M · Apr 2026](https://millionrounds.com/company/dreambase)

## Quick answers about Mercury Fund

### What does Mercury Fund invest in?

Mercury Fund invests most often at Series A and Seed (46% of the rounds on record), in sectors such as B2B, Business-to-business and Small And Medium Business.

### How active is Mercury Fund?

165 investments on record, 9 of them in the last 12 months, and it led 5. The most recent was in Aug 2026.

### What has Mercury Fund invested in recently?

Its most recent investments on record: Queen One (Undisclosed round, Aug 2026), Venus Aerospace (Series B, Jul 2026) and Buildforce (Series A, Jul 2026).

### How big are Mercury Fund's cheques?

The median round it joins is $7.7M. It says it writes cheques of $750K to $5.0M.

### Does Mercury Fund lead rounds?

Sometimes: it led 5 of its 165 investments on record (3%).

### Where does Mercury Fund invest?

Most of the companies it backs are in the United States (98%).

### Is Mercury Fund investing now?

Yes: it is actively investing, with 9 investments in the last 12 months.

### Who does Mercury Fund invest alongside?

Most often Access Venture Partners (5 rounds together), Austin Ventures (5 rounds together) and CincyTech (5 rounds together).

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