Mercury is a purpose-built venture capital platform supporting entrepreneurs and innovation in Middle America.
We partner with new entrepreneurs who require support and guidance, as well as seasoned founders seeking to leverage the assets and talent that Middle America provides.
Our mission and purpose is to enable a new inclusive world that is rooted in innovation + entrepreneurship + community.
discoverAustin-based Topl, the world’s only blockchain built to track and monetize social impact initiatives, has closed a $15M Series A round. Mercury co-led this investment with Republic Asia and Cryptology Asset Group. Topl’s blockchain is in use by dozens of brands and industrial companies to track the provenance of products from conflict-free diamonds to ethically sourced coffee and fair-wage cocoa.
TechCrunch ran a feature on Topl—click “read more” below to see it.
Austin-based Spruce, an app platform that arranges on-demand housekeeping and other services for apartment properties, has raised a @26M Series B led by Sweat Equity Partners and SoftBank, with participation from Mercury, Seamless Capital, Fitz Gate Ventures, Raven One Ventures, and New Age Ventures. In addition, the company announced the hiring of Spruce board member Steven Pho as CEO. Pho had previously been an executive with HEB-Favor Delivery and RetailMeNot.
Philadelphia-based supply chain integration platform Chain.io, led by Founder and CEO Brian Glick, closed an $11M Series A financing round. The round was co-led by Fontinalis Partners and High Alpha, with participation from existing investors Mercury, Grand Ventures, Eve Atlas, and Waybury Capital. Mercury had co-led Chain’s Seed round.
Houston-based hiring management platform WizeHire, led by co-founder and CEO Sid Upadhyay, raised a $30M Series B. The round was led by Tiger Global and included participation from existing investors Amplo and Mercury.
