Mercury Fund

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

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

Falls Church, VA-based health-tech company careviso, led by Co-Founder and CEO Andrew Mignatti, raised a $17 4M Series B The round was led by Ballast Point Ventures with participation from existing investors Mercury and Lytical Ventures

Austin-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