• about
  • strategy
  • portfolio
Background Image
Background Image
Background Image
Background Image

Investing in Software Entrepreneurs and Innovation Across America

Mercury is an early-stage venture capital platform that seeks out transformative software startups, led by exceptional founders, in communities across America.

To date, Mercury has created over $9 billion of value with an operationally-focused venture investment strategy helping startups achieve rapid, sustainable growth.

Mercury partners with first-time entrepreneurs who require support and guidance, as well as seasoned founders seeking to leverage the assets and talent of our growth partner network.

discover
Background Image

Recent Portco News

Background Image
Cart.com
Cart.com Touts $1.6B Valuation Following $50M Fundraise

Congratulations to Founder & CEO Omair Tariq and the Cart.com team on their $50M fundraise. The company will use the new funding to fuel growth of its unified commerce platform and logistics network. Cart acquired OceanX in December and continues to scale rapidly, having already met its 2025 sales bookings goals in May 2025.

read more view portfolio
Background Image
Collide
Collide Raises $5M to scale GenAI for the Energy Sector

Collide.ai has raised a $5 million seed round to bring GenAI-native tools to the energy sector. The round was led by Mercury, with participation from Bryan Sheffield, Billy Quinn, David Albin, and other leaders from the energy industry. Built by oil and gas veterans, the platform is already used by over 6,000 professionals in 122 countries and helps engineers and operators save up to 33% of their time. Congratulations to Collin McLelland, Chuck Yates, and the entire Collide team.

read more view portfolio
Background Image
Plasma
Plasma Closes $24M in Funding

Congratulations to Plasma and to the founders Paul Faecks and Hans Brehens on its $24M fundraise. Framework Ventures led the round with participation from Bitfinex, Peter Thiel, and Tether CEO Paolo Ardoino. Plasma will use the capital to accelerate the development of its blockchain built on Bitcoin, specifically for Tether’s USDT stablecoin. Plasma will implement zero-fee USDT transaction as part of its strategy to attract stablecoin users to its platform.

In 2024 Plasma acquired Mercury portco Apparatus. Mercury previously led the Apparatus seed and Series A rounds.

read more view portfolio
Background Image
Vistar Media
Vistar Media Acquired by T-Mobile

Congratulations CEO Michael Provenzano and the entire Vistar Media team on the company’s acquisition by T-Mobile. Vistar is the leading digital-out-of-home (DOOH) content management system for programmatic advertising.

read more view portfolio
Background Image
KODE
Kode Raises $27M for On-Demand Medical Coders

Congratulations to Brad Sawdon, Brian Dessoy and the entire KODE Health team on the close of a $27M Series B. Noro-Moseley Partners led the round, joined by Mercury, FCA Venture Partners, Epsilon Innovation Fund and 111° West Capital. Healthcare admin costs, including coding expenses, account for up to 30% of total U.S. healthcare expenditures. KODE is disrupting the conventional medical coding model with its proprietary, AI-driven platform providing on-demand coders to health systems to accelerate collections and reduce staffing costs.

read more view portfolio
Background Image
Arden
Arden Acquired By LISNR to Revolutionize How Merchants Connect with Customers

Arden, the leading platform for consumer engagement and loyalty tokenization, led by Coert Voorhees, has been acquired by LISNR, the leading platform for contactless authentication. Together the companies will redefine marketing through gamification, personalization, and tokenized rewards to create meaningful consumer connections. Mercury led Arden’s Pre-Seed round.

read more view portfolio
Background Image
SmartAC
SmartAC Closes $8M to Help HVAC & Plumbing Contractors

Houston-based SmartAC, the leading customer loyalty platform for HVAC and plumbing contractors, has closed an $8M preferred extension round of financing led by Mercury Fund.  Led by CEO Josh Teekell, SmartAC allows contractors to monitor, manage, and optimize their HVAC and plumbing maintenance memberships through advanced sensors, AI-driven diagnostics and proactive alerts.

read more view portfolio
Background Image
Buildforce
Buildforce Acquires Ladder, Expanding Sunbelt Footprint

Austin-based Buildforce, the leading online talent management platform for the construction industry, continues to expand within the Southeast with its acquisition of YC-backed, Atlanta-based Ladder. With the acquisition, Buildforce gains access to Ladder’s fleet of customers and 10,000 pre-screened electricians.  Congratulations to Buildforce Co-Founder/CEO Moody Heard and the entire team.

read more view portfolio
Background Image
MealMe
MealMe Raises $8M Series A to Embed Food Ordering into Your Favorite Apps and Websites

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.

read more view portfolio
Background Image
Voze
Voze Secures $12M Series A to Supercharge Field Sales Teams in Industrial, Manufacturing, and Construction

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.

read more
Background Image
ArborXR
ArborXR Raises $12M Series A Leading Enterprise Adoption of XR

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.

read more
Background Image
Amify
Amify Acquired by Cart.com

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.

read more view portfolio
Background Image
Background Image

Contact Us

Houston
3737 Buffalo Speedway
Suite 1750
Houston, TX 77098
Austin
106 E 6th Street
Suite 900
Austin, TX 78701
Detroit
1420 Washington Blvd
Suite 301
Detroit, MI 48226
Chicago
330 N. Wabash, 23rd Floor
Chicago, IL 60611
  • team
  • community
  • talent
  • content
  • media assets
Website by Darien Group
Subscribe to our Newsletter LP Portal
2025 Mercury Fund. All Rights Reserved.
  • About
  • Strategy
  • Team
  • Portfolio
  • Community
    • Software Day
    • CXO Summit
  • Talent
  • Content
    • Podcasts
    • 2025 GTM Report
  • Contact
2025 Mercury Fund. All Rights Reserved.
Website by Darien Group