MERCURY FUND
MERCURY FUND is a Pre-seed, Seed and Series A fund in the US and Central US writing $100K–$5M checks into AI, Climate, Enterprise, Fintech, Healthcare, blockchain, logistics, defense, retail, manufacturing, advanced-manufacturing, proptech, it, media, agritech, business-solutions, hardware, entertainment, iot, web-security, gaming, cloud-services, govtech, impact, material-science, medical-devices, real-estate, deeptech and mobile.
- Stages
- Pre-seed, Seed, Series A
- Sectors
- AI, Climate, Enterprise, Fintech, Healthcare, blockchain, logistics, defense, retail, manufacturing, advanced-manufacturing, proptech, it, media, agritech, business-solutions, hardware, entertainment, iot, web-security, gaming, cloud-services, govtech, impact, material-science, medical-devices, real-estate, deeptech, mobile
- Check size
- $100K–$5M
- Invests in
- US-wide, Central US
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2005
- Assets under management
- $750M
Thesis
Mercury Fund is an early-stage venture capital firm founded in 2005 and headquartered in Houston, Texas. With $750 million in AUM, they are investing from their fifth fund, which closed at $160 million in September 2023. The firm specializes in Seed and Series A rounds, typically investing $1 million to $5 million per deal, with a sweet spot of $2 million, and considering pre-seed investments as low as $100,000. Their strategy, the 'Mercury Method,' focuses on improving operational hygiene for faster, sustainable growth, and they are almost always a lead or co-lead investor. Geographically, they focus on the United States, particularly the Central U.S. and regions outside Silicon Valley, with offices in Houston, Austin, Detroit, and Chicago. Mercury Fund invests in capital-efficient, early-stage software startups leveraging transformative technologies like AI and blockchain to reinvent core industries, including digital transformation in energy, manufacturing, supply chains, and logistics; frictionless customer experiences; enterprise data tools; fintech for access to capital; and talent solutions for the flex economy.
Common questions
Does MERCURY FUND invest at the Pre-seed stage?
Yes. MERCURY FUND lists Pre-seed, Seed and Series A among the stages it invests in.
What check size does MERCURY FUND write?
MERCURY FUND writes $100K–$5M checks.
Where does MERCURY FUND invest?
MERCURY FUND invests in the US and Central US.