Mercury has raised $200 Million in new Series D Funding
According to filings with the U.S. Securities and Exchange Commission, Mercury has raised $200 Million in new Series D funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the current round of funding include: TCV, Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital, and Spark Capital.
About Mercury
Mercury is a fintech company that provides online business banking services for startups, small businesses, and scaling companies. Its website describes it as a fintech company rather than an FDIC-insured bank, with banking services offered through Choice Financial Group and Column N.A., both Members FDIC. The company positions itself around helping businesses manage banking needs through a digital platform built for modern operations. A notable fact highlighted on the page is that Mercury is not itself a bank, but partners with banking service providers to deliver its financial products and services.
To learn more, visit https://mercury.com/
Linkedin: https://www.linkedin.com/company/mercuryhq/
Contact:
Immad Akhund, Chief Executive Officer
https://www.linkedin.com/in/iakhund/
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