Mercury has successfully raised $300 million in a Series C funding round led by Sequoia Capital, at a valuation of $3.5 billion. The funding aims to drive innovation with new products and explore acquisitions to support the company's next phase of growth.
Amount Raised
$300 Million
Round Type
Series C
New YorkOtherSportsFinanceFintechInvestors
Description
Mercury, the fintech company, announced a $300 million Series C investment round led by Sequoia Capital. This funding round values the company at $3.5 billion post-money and includes participation from other investors like Spark Capital, Marathon, Coatue, CRV, and Andreessen Horowitz. Mercury plans to use the funds to drive innovation and explore acquisitions for long-term growth. This round also highlights Mercury's strong financial performance, with ten consecutive quarters of profitability.
Quick answer
Mercury raised $300 Million in a Series C round, dated March 26, 2025. Investors: Andreessen Horowitz, CRV, Spark Capital, Marathon, Coatue and Sequoia Capital. Mercury is based in New York, New York, United States.
- How much did Mercury raise?
- Mercury raised $300 Million in a Series C round on March 26, 2025.
- Who invested in Mercury?
- Andreessen Horowitz, CRV, Spark Capital, Marathon, Coatue and Sequoia Capital are named as investors in this round.
- What does Mercury do?
- Mercury was founded in 2021 to create an exclusive digital experience for top collegiate brands to bring fans closer to their favorite athletes and teams.
- Where is Mercury based and how big is it?
- Mercury is based in New York, New York, United States. Fundz records about 600 employees.
- Who are the decision-makers at Mercury?
- Fundz holds 1 contact at Mercury. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sports and Finance around the same time
Companies in the same sectors as Mercury that raised within 45 days of this round, from Fundz verified event records.
- PB Fintech Group raised $218M (Seed) on May 8, 2025.
- Triumph Financial raised $20M on May 8, 2025.
- Autobooks raised $40M (Funding Round) on May 8, 2025.
- Seedflex raised $3.2M (Seed) on May 7, 2025.
- Ceto raised $4.8M (Seed) on May 6, 2025.
- dub raised $30M (Series A) on May 5, 2025.
Who to call at Mercury, and when
A new round usually means Mercury is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mercury raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mercury, from your own LinkedIn network
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Related People
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