United States Fintech Company Mercury Raised $200 Million Series D Funding at $5.2 Billion Valuation, Raised $300 Million Series C Funding in 2025 March, Mercury Founded in 2017 by Immad Akhund, Jason Zhang & Max Tagher, Investors Include TCV, Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital & Spark Capital
28th May 2026 | Hong Kong
United States fintech company Mercury has raised $200 million in Series D funding at $5.2 billion valuation, having raised $300 million in Series C funding at $3.5 billion valuation in 2025 March. Mercury was founded in 2017 by Immad Akhund, Jason Zhang & Max Tagher. Mercury investors include TCV, Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital & Spark Capital. Announcement (20/5/26): “Today, we’re announcing a $200 million Series D at a $5.2B valuation. We’re excited to bring on TCV as our lead investor in the round, as well as returning investors Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital, and Spark Capital. This fundraise comes at an inflection point for entrepreneurs and the world. AI is collapsing the friction between an idea and a company faster than anything I have seen in my career. Q1 2026 saw an 18% increase from Q1 2025 in new U.S. business applications, according to the U.S. Census Bureau. Mercury saw a 2.5x increase in applications over the same period. Some of that is Mercury’s growing market share, but it also indicates a real shift in how many people are now starting to build new things. We are going to see more founders in the next five years than in the last 20. Mercury was created for this moment. We intend to meet it. We raised because the opportunity in front of us is bigger than anything we’ve seen. The new generation of founders using AI tools deserve banking that helps them actually understand and run their businesses. More than 300,000 customers choose Mercury, including one in three U.S. startups and a rapidly growing share of AI companies. Some of the most consequential tech companies being built today are Mercury customers: Supabase, ElevenLabs, Lovable, Linear, Phantom, and Tempo. Mercury was built for tech startups, but we’ve grown well beyond that. Today, more than 73% of new customers come from outside the AI and tech startup category. We serve ecommerce companies like Bogey Bros and Cocolab, and professional services companies including Ways & Means and neuemotion. Individuals such as podcaster Dwarkesh Patel use Mercury for both business and personal finances.”
“ United States Fintech Company Mercury Raised $200 Million Series D Funding at $5.2 Billion Valuation, Raised $300 Million Series C Funding in 2025 March, Mercury Founded in 2017 by Immad Akhund, Jason Zhang & Max Tagher, Investors Include TCV, Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital & Spark Capital “
![](https://www.caproasia.com/wp-content/uploads/2025/08/Air-Charter-Service-728x90-1.png")
Immad Akhund, Co-Founder and CEO, Mercury: “AI is collapsing the friction between an idea and a company faster than anything I have seen in my career. We are going to see more founders in the next five years than in the last twenty. But legacy banking in 2026 still works the way it did when I started my first company in 2006. I started Mercury because banking should do more than be a vault, it should help customers run the best business possible.”
Neil Tolaney, General Partner, TCV: “Mercury and Immad are delivering on a powerful vision: a radically different, genuinely delightful banking experience for ambitious companies across the U.S. We believe the next generation of entrepreneurs will be AI-native and will need a banking partner that helps them run their finances and build at the pace AI itself is setting. We see Mercury as that partner.”
Mercury – Mercury is radically different banking — engineered from the ground up to hold, move, and help you truly understand your money like never before. Everything you need is built in: cards, invoicing, bill pay, spend management, real-time insights, intelligent categorization. And because it all lives in one place, it gets smarter the more you use it — surfacing what you need, when you need it, in ways a patchwork of tools never could.
United States Fintech Company Mercury Raised $200 Million Series D Funding at $5.2 Billion Valuation, Raised $300 Million Series C Funding in 2025 March, Mercury Founded in 2017 by Immad Akhund, Jason Zhang & Max Tagher, Investors Include TCV, Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital & Spark Capital
Caproasia Users
- Manage $20 million to $30 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2026 Investment Day
- March - Hong Kong
- March - Singapore
- April - Hong Kong
- April - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
