Fintech Startup Mercury Raises $200 Million at $5.2 Billion Valuation, Up 49%

techfintechbusinessvc 3 posts · 3 accounts

Mercury raised $200 million in a Series D funding round that valued the fintech startup at $5.2 billion, up 49% from its last round 14 months ago. TCV led the financing, with Sequoia, Andreessen Horowitz and Coatue also participating.

The company has more than 300,000 customers, including one-third of early-stage U.S. startups, alongside $650 million in annualized revenue and four straight years of profitability.

From the sources (3 posts)

@cnbc

Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months

@stockmktnewz

FINTECH STARTUP MERCURY JUST RAISED $200M AT A $5.2 BILLION VALUATION - CNBC

@wallstengine

Fintech startup Mercury raised $200M at a $5.2B valuation, up 49% from its last round 14 months ago. The company has 300K+ customers, including one-third of early-stage U.S. startups, $650M in annualized revenue and four straight years of

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