# Mercury

> Mercury raised $200M at $5.2B valuation — $650M ARR, 300K+ customers, and a bet that one in three U.S. startups needs AI-era banking.

## Why it is interesting

Mercury raised $200M at $5.2B valuation — $650M ARR, 300K+ customers, and a bet that one in three U.S. startups needs AI-era banking.

## Profile

- **Stage:** growth
- **Status:** private
- **Industries:** ai-ml, fintech, infra-cloud
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series B (Jul 2021): $120M at $1.62B led by Coatue; a16z, CRV (Charles River Ventures), Sapphire participated (Mercury blog)
- Seed (Aug 2017): $6M led by a16z (Clay dossier)
- Co-investors not in VCT directory: Sapphire Ventures
- Source: https://mercury.com/blog/series-b
- Disclosed financing: $200M (Series D)
- Covered in 1 Venture Capital Tracker article(s)

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/coatue
- https://venturecapitaltracker.com/fund/crv

## Related articles

- https://venturecapitaltracker.com/2026-mercury-200m-series-d-startup-banking-5-2b

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Source: https://venturecapitaltracker.com/startup/mercury