Banking built for startups — venture debt, FX, integrations
Fintech📍 San Francisco, CAFounded 2017
Current Valuation
$5.2B
as of 2026-Q2
UNICORN
IPO Outlookprivate
Is Mercury going public?
No. Mercury has no imminent IPO plans on record. It is still private.
What is Mercury's valuation in 2026?
Mercury is valued at $5.2B as of 2026-Q2, set by its Series D ($200M, May 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Mercury filed an S-1?
No public S-1 is on file for Mercury.
Who are Mercury's investors?
Mercury's investors include Sequoia, a16z, CRV, Coatue, Lee Fixel.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Mercury benefited massively from the SVB collapse in 2023, becoming the default startup bank. Now expanding into venture debt, FX, personal banking, and an AI-native ledger built around how a business actually operates. Profitable for four consecutive years and announced a $200M Series D at a $5.2B valuation in May 2026 — up from $3.5B at the March 2025 Series C — pitched as a platform play for the next-five-years cohort of AI-accelerated startup formation. CEO Immad Akhund.
Company Profile
CEO
Immad Akhund
Founded
2017
HQ
San Francisco, CA
Employees
~600
Total Raised
$650M
Est. Revenue
$350M (2026-Q1)
Growth
Profitable 4 consecutive years
Last Round
Series D — $200M (May 2026) · Lead: Undisclosed (announcement did not name lead)
IPO Status
no imminent plans
Fundraising Status
Series D · $200M · 3 mo ago
no imminent plansTotal raised $650M
Secondary Market
Implied price / share
$16.48
Last round price / share
$17.72
vs last round
-7.0%
Open interest
40
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series D
$200M
May 2026
Undisclosed (announcement did not name lead)
—
Talent Signal
Hiring trend
▲ Hiring uptrend
41% of roles posted in last 30d
Open roles
61
via greenhouse
Product-build share
48%
engineering, research, product, design
Trajectory
expanding
product-led hiring — 48% of open roles build product; the rest are go-to-market and G&A.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Customer Support Systems & Analytics ArchitectDeputy Chief Information Security Officer - BankHead of Data Engineering & PlatformHead of Product - Business LendingHead of Technical Program Management - BankingOpen Call for Founders / Founding Teams - Product Management and Engineering
Counted from Mercury's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Immad AkhundMax TagherJason Zhang
Investors
Sequoia · a16z · CRV · Coatue · Lee Fixel
Products
Mercury Checking & Savings
Mercury Treasury
Mercury Venture Debt
Mercury IO (corporate cards)
Mercury for Personal
Competitors
Ramp · Silicon Valley Bank (now First Citizens) · Chase
FintechBanking
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.