Mercury Technologies

Other Commercial Banks · San Francisco, CA · Founded 2017 · Privately Held (backing)

Developer of digital banking tools designed to support financial operations for startups and technology companies. Mercury Technologies is based in San Francisco, CA and was founded in 2017. It is valued at about $5.2 billion as of Oct 2026, set by secondary market price, up 48% since its later-stage round in May 2026. It has raised $565 million across 4 recorded rounds; the latest was a $200 million later-stage round in May 2026.

PMV mark · valuation
$5.2B
Oct 2026
Secondary market · $/share
$17
Total raised
$565.4M
Last round
Later Stage VC
May 2026
What is Mercury Technologies worth?
$5.2BPrivateMarketView mark · Oct 2026

Up 48% since its later-stage round, May 2026 ($3.5B post-money). The secondary market quotes about $17 per share.

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The prices on Mercury Technologies
  • ·Every dated print: 5 trades with prices and structures
  • ·1 fund mark: filer, period, implied $/share
  • ·The monthly marks chart, 46 months in dollars
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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Secondary market

monthly marks · 46 months · Jan 2023 – Oct 2026
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Jan 2023marks: indicative $/share, month-end · as of Oct 15, 2026Oct 2026
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Mercury Technologies funding history

4 rounds
DateRoundRaisedPost-money
May 2026Later Stage VC$200.0M▮
Mar 2025Later Stage VC (Series C)$300.0M▮
Jul 2019Early Stage VC$21.3M▮
Oct 2017Seed Round$4.9M▮
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Mercury Technologies valuation

Mercury Technologies is valued at approximately $5.2 billion as of Oct 2026. The figure is set by secondary market price and confirmed by fund marks. The secondary market quotes about $17 per share. The reference point is its later-stage round in May 2026, at a $3.5 billion post-money valuation; the current figure is up 48% since.

Mercury Technologies ranks 32nd by valuation and 68th by capital raised among the private companies PrivateMarketView tracks.

Recent activity

In the last 90 days, Mercury Technologies's record added 1 secondary print.

How much has Mercury Technologies raised?

Mercury Technologies has raised $565 million across 4 recorded rounds since 2017. The largest was a $4.9 million seed round in Oct 2017; the most recent was a $200 million later-stage round in May 2026.

Mercury Technologies has filed 3 Form Ds with the SEC since 2017, most recently in Apr 2025 ($200 million sold to 6 investors).

Mercury Technologies secondary market activity

5 secondary trades in Mercury Technologies shares are on record, between Nov 2025 and Jul 2026. 1 print landed in the last three months. Exact dates, prices and structures are available to Pro members.

A monthly secondary-market price series for Mercury Technologies runs from Jan 2023 to Oct 2026 (46 months).

Institutional holders and vehicles

1 SEC-registered fund reported 1 fair-value mark on Mercury Technologies for Jun 2026, in their N-PORT filings. The latest fund marks confirm the current valuation. Filer-level marks and implied per-share values are available to Pro members.

How Mercury Technologies's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Mercury Technologies, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by secondary market price. Question about this number? Full methodology →

Frequently asked about Mercury Technologies

What is Mercury Technologies worth?
Mercury Technologies is valued at $5.2B as of Oct 2026. Up 48% since its later-stage round, May 2026 ($3.5B post-money).
How much has Mercury Technologies raised?
Mercury Technologies has raised $565.4M in total funding across 4 recorded rounds.
When did Mercury Technologies last raise?
Mercury Technologies last raised in May 2026 (Later Stage VC), raising $200.0M.