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Mercury Technologies

Business banking software for startups

Raised to date

$200M

of $200M offered across 1 Form D filing

Investors
21
Last filed
May 20, 2026

About

Mercury is a San Francisco financial technology company that provides banking and financial operations software to startups and small businesses. It is not itself a bank: customer deposits are held at partner institutions including Choice Financial Group and Column N.A., while Mercury builds the accounts, cards, payments and software layer on top. Founded in 2017 by Immad Akhund, Max Tagher and Jason Zhang, it serves more than 300,000 customers and raised a $200 million Series D at a $5.2 billion valuation in May 2026. In April 2026 it received conditional approval for a national bank charter from the Office of the Comptroller of the Currency.

Combines checking and savings accounts, a corporate charge card, treasury, bill pay and invoicing in one product built specifically for startups, rather than adapting a legacy small-business banking stack.

Funding

  • EquityFiled May 20, 2026Form D
    $200M/ $200M

Product

Mercury

Business banking platform

A banking and finance platform for startups and small businesses, offering business checking and savings accounts, debit cards, ACH and wire payments, and a web and mobile application for managing company finances.

  • Business checking and savings accounts through partner banks
  • Debit cards and the Mercury IO corporate charge card
  • ACH, check, and domestic and international wire payments

Built for

Venture-backed startups and small businesses, including a large base of AI companies such as ElevenLabs and Supabase

People on file