Investing in Software Entrepreneurs and Innovation Across America

Congratulations to MealMe on its Series A close!  MealMe is a ​​restaurant and grocery food delivery API that embeds ecommerce into any website and app with a few lines of code. Any company can seamlessly integrate MealMe’s technology, allowing users to order from over 1 million restaurants, grocery stores, and retailers across North America. The platform currently serves a growing customer base including TripAdvisor, Favor Delivery, and Fantuan Delivery. Congratulations to Co-Founder and CEO Will Said, Co-Founder and President Matt Bouchner and the rest of the MealMe team! The round was led by Mercury with participation from existing investors Palm Drive Capital and Gaingels.  Get all the details in Lauren Forristal’s TechCrunch article.

Congratulations to Dan Caffee, Cade Krueger and the entire Voze team on the close of their $12M Series A.  Gray-collar industries have long been underserved by the tech sector despite being a large segment of the U.S. economy. Voze, an AI enabled sales enablement solution, was built for field sales teams in heavy industry and on average provides a 35% increase in revenue for companies.  Origin Ventures and Mercury co-led the round, joined by Album VC and Pipeline Capital Partners.  Read more in Axios.

Congratulations to ArborXR, led by CEO Brad Scoggin, on its $12M Series A. ArborXR is the Mobile Device Management Platform that is leading the quiet but fast adoption of XR (VR and AR) within enterprise, healthcare, and education. Customers include Bank of America, Delta, Pfizer, Qualcomm, UPS, and Walmart, and the company works with 50 of the Fortune 500 and 50 of the Top 200 Global Universities. Mercury and Cortado Ventures led the round, with participation from Impact Venture Capital and Lewis & Clark Ventures. Read more in TechCrunch.

Congratulations to Cart.com and CEO Omair Tariq on closing a $105M debt refinancing with BlackRock. The capital, along with the partnership with BlackRock, allows Cart.com to continue scaling and bring its Unified Commerce platform to even more consumer brands, B2B companies, and the public sector.

Tulsa-based Volt, the leading SMS MessagingOps platform, closed a $3M Seed round led by Mercury with participation from Atento Capital, Uncorrelated Ventures, Stout Street Capital, and Yellow Rocks. Led by co-founder/CEO Martin Lien, Volt enables software companies to integrate with multiple SMS providers, providing proactive delivery reporting and compliance amid an increasing complex SMS regulatory environment.

Congratulations to Cincinnati-based Amify and CEO Chris Mehrabi on it’s acquisition by Cart.com. Amify is a fast-growing provider of Amazon optimization and advertising solutions. The acquisition will strengthen Cart.com’s Amazon marketplace capabilities for mid-market and enterprise brands to meet accelerating demand for omnichannel software, services and logistics. Mercury led both Cart and Amify’s Series A rounds of financing.

Congratulations to Houston-based Brassica and founder and CEO Youngro Lee on their acquisition by BitGo. Brassica is a fintech platform providing back-end infrastructure services for private securities and alternative investments. With the acquisition, BitGo becomes the first major financial services firm to provide comprehensive infrastructure support for both traditional private securities and blockchain-based assets. Mercury led Brassica’s Seed financing round in April 2023.

Houston-based RepeatMD, an inbound revenue and customer experience platform for aesthetic and wellness practices, raised a $50M Series A co-led by Centana Growth Partners and Full In Partners. The round included participation from PROOF and Mercury. This marks an exceptional growth period for RepeatMD following its seed financing just nine months ago by Mercury.