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Mercury Fund  is an early-stage venture capital firm.  With over $200 million under management, Mercury invests in compelling and novel startup opportunities, focusing on entrepreneurs and technology innovation originating in the U.S. Midcontinent.  Since inception in 2005, Mercury has become one of the most active venture firms in the middle of the U.S., becoming a “go-to” fund for entrepreneurs when they have demonstrated product-market fit, and are ready to scale their business.

Focus

Attributes

Origination

Our firm has a particular interest in entrepreneurs associated with regional startup development organizations, such as coworking accelerators, seed accelerator programs, incubators and university tech transfer offices.

Stage & Size

Mercury focuses on investing between $1 million and $2 million in Seed and Series A opportunities, although we will also consider initial seed investments as small as $250,000. Mercury expects to invest between $4 million and $6 million over the life of a company.

Lead Investor

Mercury is almost always a lead or co-lead investor.  We work well with angel networks, regional investment organizations, seed-stage VCs, and other venture investors, but can also make an independent decision and catalyze a company's first institutional investment round.

Geography

MIDCONTINENT

Mercury invests in entrepreneurs and/or innovation that originate in the U.S. Midcontinent (Southwest, Midwest and Rocky Mountains).  We will also consider investments in other under-ventured regions of the U.S. that are consistent with our current investment themes.

Regional Strengths

Mercury actively seeks out entrepreneurs that are building their business around a strong regional technology and industrial ecosystem.  If this ecosystem doesn't exist, we will work with entrepreneurs to help open secondary offices in regions with less barriers to securing talent, financing, and business scalability.

GLOBAL RESOURCES

Mercury has created a global network of contacts through our strategic relationships and our partner's collective 80 years of venture investing.  Our goal is to combine a startup's regional strengths with global resources to enable an entrepreneur to build the best startup within a sector, not just the best startup within a region.

Software

Software

Mercury invests in software startups bringing enterprise B2B and B2B2C applications and platforms to market, with a particular focus on innovation within SaaS, Cloud Computing, and Big Data.  Given the ease and relatively low cost of starting software companies, we seek out entrepreneurs who have the ability and resourcefulness to get a beta product to market and have established product-market fit and revenue traction.

Science

Science

Mercury is very interested in the ongoing convergence of software and sciences.  In particular, we are seeking startups utilizing software, cloud computing and/or machine learning to drive the next wave of scientific innovation in healthcare, agriculture and other industrial markets.

Team

Blair Garrou Discusses Funding in Midwest
Blair Garrou
Adrian Fortino, Mercury Fund Partner
Adrian Fortino

Companies