/Investor DB

Mercury Fund

Venture capitaloperating company · company profile

Houston · Seed–Series B · 31 people tracked

Also known as MERCURY PARTNERS MANAGEMENT, LLC

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Investment thesis

Mercury Fund invests in early-stage software startups led by domain-expert founders who apply AI to vertical and traditionally underserved markets. The firm runs focused practices spanning industrial and physical AI, cybersecurity, healthcare IT, developer and modern software tools, fintech and blockchain (bridging TradFi and web3), and the AI enablement of entrenched legacy sectors such as heavy industry, real estate, sports, and hospitality. It emphasizes real-world problems where labor, precision, and resilience matter, and supports portfolio companies through a platform team covering product strategy, go-to-market, finance, and ecosystem engagement.

Source: firm website, verified Sep 29, 2026.

Stage
Seed–Series B
Check
$250K – $4M
HQ
Houston, Texas, US
Leads rounds
Leads
Instruments
Equity
Founded
2005
Last 12 months
6 investments
AUM
$700M
VC funds
45
Tracked investments
151
Unicorns
4
IPOs
4
Acquisitions
8

Team · 31 people

from the firm's website & public directories
Emily Keeton· Venture Advisorin

13 people who came through Mercury Fund went on to found or lead other companies.

+ 1 more →

What they invest in

from 89 of 151 portfolio companies

SaaS ×39AI & Machine Learning ×30Enterprise Software ×27Data & Infrastructure ×11Healthtech ×11Fintech ×10Deep Tech ×8Marketing Tech ×8

HQs:United States×78Canada×2United Kingdom×2Finland×1India×1

Who they back

founder profiles across 41 portfolio companies
44%
solo founders
18 of 41 mapped founding teams
55%
repeat founders
of 40 founders with career history
~3 yrs
old at investment
median across 25 dated deals

Founding team size:solo founder×182 founders×143 founders×54+ founders×4

Where their founders studiedfrom 39 founders with education data

The University of Texas at Austin ×4University of Michigan ×4University of Illinois Urbana-Champaign ×3Louisiana State University ×2Stanford University ×2Texas A&M University ×2University of Oklahoma - Price College of Business ×2

What their founders studiedfrom 35 founders with field-of-study data

Economics ×7Engineering ×7Computer Science ×4Business & Management ×3Finance & Accounting ×3Mathematics & Statistics ×3Politics & Policy ×3Humanities ×2

Where their founders worked beforefrom 40 founders with career history

Founders ×3Google ×3eBay ×2Founders Fund ×2University of Michigan ×2

Accelerator rootsportfolio companies that came through a program

Techstars ×3

5 founders hold a PhD · 9 hold an MBA (of 39 with degree data)

Investments · 151 tracked

founders shown can be your intro path

By year:2026 · 62025 · 72024 · 92023 · 52022 · 72021 · 72020 · 72019 · 32018 · 42017 · 12016 · 22015 · 775 dated

Ambiqambiq.comin𝕏NYSE: AMBQSeed · Nov 2010 · $2M

Ambiq develops ultra-low-power semiconductor solutions and edge AI platforms for IoT and healthcare applications.

AI & Machine LearningIoTSemiconductorsAustin, US

Scott Hanson(Founder)inDennis Sylvester(Founder)inFumihide Esaka(CEO)inScott Goodwin(Executive Officer)inJoseph A. Tautges(Director)Paul Rolls(Executive Officer)

Co-investorsCisco InvestmentsConductive VenturesKleiner PerkinsMatter Venture PartnersMichigan Capital NetworkOUP (Osage University Partners)+5 more

BitGobitgo.comin𝕏NYSE: BTGO

BitGo provides institutional-grade infrastructure for digital assets, including regulated custody, wallet services, prime brokerage (trading, financing, settlement), stablecoin issuance, and embedded crypto-as-a-service.

Crypto & Web3Enterprise SoftwareFintechPalo Alto, US

Michael Belshe(Chief Executive Officer, Chief Technology Officer, President, and Director)Chen Fang(Executive Officer, Director)Krishna Juvvadi(Executive Officer)inEdward Reginelli(Chief Financial Officer)Jody Mettler(Chief Operating Officer)Jeff Horowitz(Chief Compliance Officer)

Co-investorsArkStream CapitalBitfuryBlockchain CapitalBlockchain CoinvestorsCraft VenturesCyber Capital+19 more

Neumora Therapeuticsneumoratx.comin𝕏NASDAQ: NMRASep 2020

Neumora is a clinical research company developing investigational medications, with a focus on conducting clinical trials to obtain regulatory approval and make treatments available to patients.

BiotechDeep TechDigital HealthMedical DevicesWatertown, US

Paul L. Berns(Chairman and Chief Executive Officer)Joshua Pinto(Executive Officer)Tamara Tompkins(Executive Officer)inKari Stefansson(Director)Maykin Ho(Director)Alaa Halawa(Director)

Co-investorsARCH Venture PartnersCatalio Capital Management, LPF-Prime CapitalK2 HealthVenturesPremier PartnersSoftBank Vision Fund+12 more

PayPalpaypal.cominNASDAQ: PYPL

PayPal is the payments company that came out of the March 2000 merger of Confinity — founded in 1998 by Max Levchin, Peter Thiel, Luke Nosek and Ken Howery to beam money between Palm Pilots — and Elon Musk's online bank X.com.

San Jose, US

Max Levchin(Founder)inPeter Thiel(Founder)inLuke Nosek(Founder)inKen Howery(Founder)inElon Musk(Founder)inAlex Chriss(President and Chief Executive Officer)in

Co-investorsA*BlueRun VenturesClearstone Venture PartnersDG Daiwa VenturesRRE VenturesSequoia Capital+6 more

ShareThissharethis.com𝕏Sep 2015✓ verified

ShareThis collects and analyzes consumer behavioral data from over three million global websites to provide insights, targeting, activation, and data enrichment services.

AdTechData & InfrastructureMarketing TechSaaSPalo Alto, US

Dana C. Hayes, Jr.(Chief Executive Officer)Myha Trieu(Chief People Officer)Chad Burns(Chief Financial Officer)inHuanjin Chen(Chief Technology Officer)Michael Gorman(Chief Product Officer)Paul Lentz(Executive Officer)

Board seatBlair Garrou· per SEC Form D

Co-investorsIllinois VenturesMultiplier CapitalRealization Capital PartnersRunway Growth CapitalDFJRefinery Venture+4 more

ArborXRarborxr.comin𝕏Series A · Aug 2024 · $18M✓ verified

ArborXR provides a device management platform for AR and VR headsets, letting organizations remotely enroll and configure devices, deploy and update content, monitor usage, and lock down the in-headset experience.

Enterprise SoftwareGamingSaaS

Brad Scoggin(CEO & Co-Founder)in

Co-investorsCortado VenturesAnkona CapitalEagle VentureLewis & Clark VenturesTech Square VenturesCerraCap Ventures+1 more

Carevisocareviso.comin𝕏✓ verified

Careviso automates prior authorization and administrative workflows in healthcare using its seeQer platform, helping patients understand treatment options and financial implications while reducing provider burden.

Digital HealthEnterprise SoftwareHealthtechSaaSFalls Church, US

Andrew Mignatti(Founder)inPerry Dimas(Founder)in

Co-investorsLytical VenturesXB VenturesBallast Point Ventures

Cmtsolutionscmtsolutions.com𝕏✓ verified

careviso operates seeQer, a platform for US healthcare providers that handles prior authorizations, benefits investigation, patient eligibility verification, and out-of-pocket cost estimation.

Digital HealthHealthtechSaaS

Co-investorsLytical Ventures

Payloadspacepayloadspace.comin𝕏✓ verified

Venus Aerospace develops rotating detonation rocket engines (RDREs) for defense and commercial space applications.

Deep TechDefense TechMedia & EntertainmentSpace Tech

Andrew Duggleby(CTO and cofounder)

Co-investorsDraper AssociatesLockheed Martin VenturesMESHPEAK6

Aclaimantaclaimant.comin𝕏Series A · Mar 2020 · $10M

Aclaimant provides risk management software to help organizations identify and actively manage business risks.

Enterprise SoftwareInsurTechChicago, US

Michael Schultz(Co-founder)inDavid Wald(Executive Officer, Director)inJim Farber(Founder)in

BoardLaura Brady(Director)

Board seatAdrian Fortino· per SEC Form D

Co-investors1809 CapitalAspen Capital GroupLightbankModerne VenturesNext Coast VenturesRoyal Street Ventures Management Company, Llc+4 more

Amifygoamify.comMar 2019

Alexandria, US

Ethan McAfee(Executive Officer, Director)

BoardMARK HASEBROOCK(Director)

Board seatBlair Garrou· per SEC Form D

Co-investorsCincyTechDundee Venture CapitalJobsOhio VenturesUrban Capital NetworkSaas Ventures, L.L.C.

Aptoaptopayments.comSeries A · Jan 2019 · $1Macquired by Buildout · Jan 2022

Apto Payments offers a developer-friendly card issuing platform that lets fintech companies launch physical debit, virtual, corporate, and crypto card programs.

Developer ToolsFintechSaaSSan Francisco, US

Greg Kidd(Founder)inMeg Nakamura(Founder)inCharles Jung(Executive Officer)inMaureen Higgins(Executive Officer)David Tanner McGraw(Executive Officer, Director)Traci A. Snowden(Executive Officer, Promoter)

Board seatBlair Garrou· per SEC Form D

Co-investorsAllMobile FundBaroda VenturesFenway Summer VenturesGeneral CatalystKapor CapitalNTT DOCOMO Ventures+12 more

Buildforcebuildforce.cominOct 2021

Buildforce runs a platform that matches electrical contractors with pre-vetted, background-checked electricians for short-term or temp-to-hire work, and handles onboarding, GPS time tracking, compliance, and payroll.

B2B MarketplacesConstruction TechHR TechHouston, US

Vu Brown(Founder)inDenman Moody Heard(Executive Officer, Director)Jarrod Pollock(Director)Alexander Brown(Executive Officer, Director)

BoardJackie DiMonte(Director)

Board seatAdrian Fortino· per SEC Form D

Co-investorsChicago VenturesFrontera Technology VenturesGrid CapitalRevolutionS3 VenturesTDF Ventures

Cart Comcart.comin𝕏Apr 2021

Cart.com provides unified commerce and logistics software and services that enable companies to sell and fulfill orders across multiple channels.

E-commerceLogistics & Supply ChainSaaSHouston, US

Omair Tariq(Founder and CEO)inJim Jacobsen(Director)inOmair T.(Founder)inSaheb Sabharwal(Founder)inRemington Tonar, PhD(Co-founder)Jim Jacobson(Director)

Board seatBlair Garrou· per SEC Form D

Co-investorsAngel Collective Opportunity FundBeyond CapitalCapital FactoryCincyTechCollective LiquidityeGateway Capital+22 more

GameSaladgamesalad.com𝕏Mar 2019SEC filingmedium confidence

GameSalad offers a visual programming platform for building cross-platform video games playable on Web, Android, and iOS, along with a standards-aligned curriculum for teaching computer science and STEAM concepts to K-12 students and teachers.

Developer ToolsEdTechGamingAustin, US

Tan Tran(Executive Officer, Director)inMichael Agustinin

BoardJohn Frankel(Director)in

Board seatAziz Gilani· per SEC Form D · $500K raise · filed Apr 2019

Co-investorsFf Venture CapitalLaunchpad LAPIPELINE CAPITAL PARTNERSSteamboat Ventures Asia Management, Ltd.

Glycosbioglycosbio.comMar 2023SEC filingmedium confidence

GlycosBio conducts research and development using engineered lipid technologies to improve the bioavailability and therapeutic performance of natural bioactive molecules, including approaches targeting the intestinal, pulmonary, and skin microbiota.

BiotechDeep TechHealthtechHouston, US

Richard C. Jr. Cilento(Executive Officer, Director)

BoardFrank Foster(Director)inJoseph Walowski(Director)Victoria Niklas(Director)

Board seatDan Watkins· per SEC Form D · $1M raise · filed Apr 2023

Co-investorsGideon Hixon FundGreen Park & Golf VenturesTexas HALO FundFuture Ventures

Ironcladironcladapp.comin𝕏Sep 2018

Ironclad is an AI platform for digital contract management that helps companies execute faster deals, reduce contract surprises, and measure value.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSSan Francisco, US

Jason Boehmig(CEO)inBrian Powers(Executive Officer)Cai GoGwilt(CTO)Jason Springer(Chief Executive Officer)Jeremy Smith(President)inVedavati Verma(Chief Technology Officer)

Board seatAdrian Fortino· per SEC Form D

Co-investors500 GlobalAccelAmplo VenturesBetter Tomorrow VenturesBond Capital ManagementCowboy Ventures+33 more

Label insightlabelinsight.com𝕏Oct 2015

Label Insight provides product attribute data that captures over 27,000 attributes per product, covering allergens, ingredients, nutrient content, diet and lifestyle, sustainability, and clean-label criteria.

ConsumerData & InfrastructureRetail TechSt. Louis, US

Anton Xavier(Executive Officer, Director)DAGAN XAVIER(Executive Officer)inDheeraj Patri(Executive Officer, Director)EDUARDO MARIA XAVIER(Executive Officer)RONAK SHETH(Executive Officer)

BoardKyle Welborn(Director)in

Board seatBlair Garrou· per SEC Form D

Co-investorsCapital InnovatorsDelta-v CapitalSerra VenturesUrban Capital Network

MealMemealme.aiin𝕏Mar 2024SEC filingmedium confidence

MealMe provides an API for food and grocery delivery that aggregates inventory data from over 1 million stores and enables orders to be sent to restaurants and retailers.

B2B MarketplacesFintechFoodTechSaaSScottdale, US

Will Said(Executive Officer, Director)inMatthew Bouchner(Executive Officer, Director)in

Board seatBlair Garrou· per SEC Form D · $13.1M raise · filed Mar 2024

Co-investorsAIX VenturesCP VenturesEvolution VC PartnersMaC Venture CapitalService Provider CapitalTechstars+3 more

MistboxinOct 2024SEC filingmedium confidence

Houston, US

Josh Teekell(Executive Officer, Director)

Board seatHeath Butler· per SEC Form D · $8.2M raise · filed Oct 2024

Co-investorsAF Ventures

Moleculemolecule.ioinJul 2025

Molecule is a trade and risk management (ETRM/CTRM) platform for energy and commodity trading operations, automating deal capture, market-data pricing, and calculation of positions, P&L, and risk.

EnergyFintechSaaSHouston, US

Sameer Soleja(Executive Officer, Director)in

BoardChristian Stewart(Director)Nate Quinn(Director)Doug Wendler(Director)

Board seatBlair Garrou· per SEC Form D

Co-investorsChemistrySutter Hill Ventures

Repeatmdrepeatmd.cominNov 2022

RepeatMD builds software for medical aesthetic and wellness practices such as med spas, plastic surgery clinics, and dermatology practices in the US and Canada.

AI & Machine LearningHealthtechSaaSHouston, US

Phil Sitter(Founder)inAdam Lamprecht-Morphew(Founder)inJacob Cole(Director)Matthew Suraci(Executive Officer, Director)Philipp Sitter(Executive Officer, Director)Christopher Chomenko(Executive Officer, Director)

Board seatAziz Gilani· per SEC Form D

Co-investorsCentana Growth PartnersCentana PartnersFull In PartnersPROOF

Resurface API Securitygraylog.orgin𝕏May 2018

Graylog provides a security information and event management (SIEM) and log management platform that collects, routes, and stores log data to detect threats, automate investigations, and manage data tiers and storage costs.

CybersecurityData & InfrastructureEnterprise SoftwareHouston, US

Lennart Koopmann(Founder)

Board seatAziz Gilani· per SEC Form D

Co-investorsAlerion VenturesFirstMile VenturesFrontera Technology VenturesLytical VenturesSilver Lake PartnersHarbert Partners+1 more

Return Logicreturnlogic.comin𝕏Jun 2022

ReturnLogic provides a returns management platform for ecommerce merchants that automates returns workflows, tracks products through the return lifecycle, and offers analytics to optimize return policies.

E-commerceRetail TechSaaSMechanicsburg, US

Peter Sobotta(Founder)inJayson Tichler(Mr. Tichler is the Chief Financial Officer of the Issuer.)

Board seatBlair Garrou· per SEC Form D

Co-investors37 AngelsMana VenturesMoonshots CapitalRobin Hood VenturesSpringTime VenturesStout Street Capital+4 more

Sight Machinesightmachine.comSeries A · Jan 2015 · $5M

Sight Machine develops AI agents that optimize manufacturing operations by analyzing industrial data, connecting production systems, and providing autonomous recommendations to improve output and reduce waste.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSan Francisco, US

Jon Sobel(Chief Executive Officer and President)inNathan Oostendorp(Secretary and Treasurer)

BoardMark Jacobsen(Director)Roger Ehrenberg(Director)

Board seatAdrian Fortino· per SEC Form D

Co-investorsAsahi Kasei Corporate Venture CapitalDnx VentureseLab VenturesFundersClubFuture Energy VenturesHuron River Ventures+5 more

Televettelevet.comMay 2023

Otto (TeleVet) builds technology for veterinary clinics and animal hospitals to help them connect with pet owners and manage their practice.

AI & Machine LearningHealthtechSaaSAustin, US

Price Fallin(Co-founder)inSteven Carter(Co-founder)inAllie Esch(Director)

Board seatHeath ButlerBlair Garrou· per SEC Form D

Co-investorsUrban Capital NetworkDundee Venture Capital

Trava Securitytravasecurity.cominJul 2023

Trava delivers red team services that simulate real-world adversary behavior to test an organization's detection and response capabilities across the full attack lifecycle.

CybersecurityDefense TechEnterprise SoftwareSaaSIndianapolis, US

Jim Goldman(Executive Officer, Director)Rob Beeler(Executive Officer, Director)Matt Bressler(Director)

BoardScott Dorsey(Director)in

Board seatAziz Gilani· per SEC Form D

Co-investorsElevate VenturesHigh AlphaRiverside Acceleration Capital

Trendkitetrendkite.com𝕏Oct 2015acquired by Cision

CisionOne is a media intelligence platform offering media monitoring across print, online, TV, radio, social, podcast and magazine channels, along with analytics, reporting, journalist outreach, and social listening.

AI & Machine LearningMarketing TechSaaSAustin, US

Anthony Bruno(Executive Officer)Matthew Allison(Executive Officer, Director)

BoardMorgan Flager(Director)inErik Huddleston(Executive Officer, Director)inAlan Taetle(Director)in

Board seatBlair Garrou· per SEC Form D

Co-investorsCircadian VenturesDreamit VenturesGray VenturesHarmony PartnersMultiplier CapitalNoro-Moseley Partners+2 more

Venus Aerospace Hypersonic Transportationvenusaero.comin𝕏Apr 2026

Venus Aerospace develops rotating detonation rocket engine (RDRE) technology and a detonation ramjet system for space, defense, and commercial high-speed and hypersonic flight.

Deep TechDefense TechSector AgnosticSpace TechTexas, US

Sassie Duggleby(CEO & Co-founder)inAndrew Duggleby(CTO & Co-founder)inSarah "Sassie" Duggleby(Founder)inTom Barron(Chief Operating Officer)Nick Cardwell(Chief Product Officer)inSheila Menz(General Counsel)in

Board seatBlair Garrou· per SEC Form D

Co-investorsAlumni VenturesAmerica's Frontier FundCantos VenturesCubit CapitalDraper AssociatesHalogen Ventures Management Company Llc+14 more

Airstackairstack.xyzinPre-Seed · Oct 2022 · $4M

Airstack offers an AI-based quant engineer tool that codes trading strategies and identifies issues ("leaks") in them, aimed at quantitative trading users.

AI & Machine LearningData & InfrastructureFintechMiami Beach, US

Jason Goldberg(Executive Officer, Director)in

Co-investorsBlack DragonDelta BlockchainFenbushi CapitalLecca VenturesRed Beard VenturesResolute Ventures+16 more

Alert Logicalertlogic.com𝕏Dec 2014

Alert Logic delivers managed security services including threat detection and response, cloud security, and incident readiness for enterprises.

CybersecurityEnterprise SoftwareHouston, US

Paul Marvin(Executive Officer)Jim Lewandowski(Executive Officer)Robert Grayson Hall(Executive Officer, Director)

BoardDarren Battistoni(Director)Tony de Nicola(Director)Lisa Pearson(Director)

Co-investorsUpdata PartnersWCAS

Ambyintambyint.cominSeries A · Sep 2017 · $11M

Ambyint offers an AI-powered platform for optimizing oil and gas production, using physics-informed models and analytics to monitor wells, detect anomalies, and manage controller setpoints.

AI & Machine LearningEnergySaaSCalgary, CA

Co-investorsGE VenturesAccelerate FundBDC Industrial Innovation Venture FundFlyover CapitalFrontera Technology VenturesSaints Capital+3 more

Astronautastronaut.chatin𝕏

Astronaut is an AI customer engagement platform that automates communications with customers across the full lifecycle—from retention and adoption monitoring to upsell identification.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsSouth Loop Ventures

Athenahealth Incathenahealth.comin

Cloud-based healthcare platform for clinical workflows

Bob SegertinJonathan S. Bush(Founder)Todd Park(Founder)

Co-investorsAspect VenturesBain Capital Double Impact Fund LPBain Capital Tech OpportunitiesBCICardinal PartnersDraper Associates+8 more

Benson Hill Biosystemsbensonhillbio.cominSep 2018 · $60M

Confluence Genetics (operating at bensonhillbio.com) is a seed innovation company that develops soybean genetics using AI-driven plant science and proprietary tools such as eMERGE Genetics and CropOS.

Durham, US

Matthew B Crisp(Executive Officer, Director)Lee Palles(Executive Officer)inNadine Carozzi(Executive Officer)Todd C Mockler(Executive Officer)Thomas Brutnell(Executive Officer)

BoardDaniel J Broderick(Director)

Co-investorsActivant CapitalAlexandriaBioGenerator VenturesCultivation CapitalFall Line CapitalGV (Google Ventures)+7 more

Benson Hill Inc.bensonhill.cominSeries A · Aug 2015 · $7M

Benson Hill develops soybean seed varieties using plant genetics and AI-driven plant science to produce more nutritious and energy-dense soy for agriculture and food markets.

AgTechAI & Machine LearningFoodTech

Matthew Crisp(Founder)

Co-investorsActivant CapitalBioGenerator VenturesGV (Google Ventures)iSelect FundLewis & Clark VenturesManta Ray Ventures+3 more

Bladelogicbmc.comin𝕏

BMC Software provides automation, operations, and service management solutions for enterprises, serving the majority of Forbes Global 100 companies.

AI & Machine LearningDeveloper ToolsEnterprise Software

Ayman Sayed(President and CEO)in

Co-investorsBain Capital VenturesBessemer Venture PartnersStreamlined Ventures

Blitzblitznow.ininAug 2026 · $25M

Blitz provides fulfillment and delivery software that forecasts demand and optimizes inventory placement across locations, and offers pre-checkout delivery-timeline display and post-checkout order tracking for online retailers.

E-commerceLogistics & Supply ChainSaaS

Yash Sharma(Founder)in

Co-investorsBetter CapitalCapria VenturesFirst ChequeIndia QuotientAlteria CapitalConnecticut Innovations+3 more

Blumirablumira.comin𝕏Jun 2023 · $15M

Blumira offers a cloud-based security operations platform that combines SIEM, endpoint detection, identity threat detection, and cloud monitoring to detect and respond to threats, surfacing actionable cases with guided response playbooks and compliance reporting.

Cloud ComputingCybersecuritySaaS

Co-investorsArray Ventures Management LlcRPS VenturesTen ElevenHyde Park AngelsM25

Brandrankbrandrank.aiinJul 2024

BrandRank.AI is a SaaS platform that audits and optimizes how brands appear in AI answer engines such as ChatGPT, Gemini, Claude, and Perplexity, tracking daily prompts to measure AI search visibility, content readiness, and brand vulnerability.

AI & Machine LearningMarketing TechSaaSCincinnati, US

Pete Blackshaw(Founder)inHank Hudepohl(Founder & COO)inPepper WyantJoseph Hudepohl(Executive Officer, Director)

Co-investorsTech Square VenturesGrit Capital Partners

Brassicafinbrassicafin.com𝕏

Brassica provides regulated qualified custody for client assets, offering secure multi-layered storage, AML and KYC compliance, and a $250 million insurance policy against fraud and hacks.

Crypto & Web3Fintech

Civitechcivitech.ioinApr 2025

Civitech builds technology infrastructure for political candidates, social causes, and local governments to increase voter registration and engagement.

Enterprise SoftwareGovTechSaaSSan Antonio, US

Jeremy Smith(CEO and Co-founder)inDan Graham(Director)Stephanie Fisher(Executive Officer)inErin Fahy(Chief Technology Officer of Issuer)inSarah Jackel(Executive Officer)

BoardTamer Mokhtar(Director)

Co-investorsAIN VenturesBuilders + BackersHigher Ground LabsMana VenturesScout VenturesScout Ventures+1 more

Cleanchemicleanchemi.comSeries A · Sep 2016 · $2M

Clean Chemistry develops oxidation-based water treatment chemistries for microbial control, water clarification, recycling and disposal across industries including energy, pulp and paper, food and beverage, and cooling towers.

BiotechCleantechClimate TechNew MaterialsBoulder, US

Damon Waters(President, CEO and Secretary)Wayne Buschmann(Chief Technology Officer)Nick Gardiner(Chief Executive Officer)Adam Harwell(Chief Financial Officer)

BoardDan Watkins(Director)in

CloudSnapcloudsnap.com

SaaS

Co-investorsUrban Capital Network

Collidecollide.ioin𝕏

Collide provides an AI automation platform for oil and gas operators that indexes company data and automates complex operational workflows.

AI & Machine LearningEnergyEnterprise SoftwareHouston, US

Frederick Gertz(Founder)in

Co-investorsAtas VC

Cooklistcooklist.coin𝕏

Cooklist provides AI shopping agents for grocery retailers, including an embedded conversational assistant that plans meals and fills carts, an intent-based agentic search engine, and an MCP server that connects a grocer's catalog to off-platform AI assistants like ChatGPT and Gemini.

AI & Machine LearningFoodTechRetail TechDallas, US

Daniel Vitiello(Executive Officer, Director)inBrandon Warman(Executive Officer)

Co-investorsMatchstick VenturesRevTech VenturesTechstars

Covaroncovaron.com

Covaron Advanced Materials develops high-performance coatings for high-heat and high-abrasion applications, including thermal coatings rated to point-source temperatures up to 1600°C and single-part spray abrasion and corrosion coatings.

Advanced ManufacturingDeep TechNew Materials

Co-investorsHuron River VenturesID Ventures

Dnatrixdnatrix.cominMay 2006 · $180K

BiotechHouston, US

Frank Tufaro(Executive Officer, Director)inBrian Mooney(Executive Officer)Isaac Cheng(Director)

BoardDaniel Watkins(Director)Reenie McCarthy(Director)Drew Pardoll(Director)

Co-investorsTargeted Technology FundsTexas Ventures

Dondegodonde.comMar 2022

Godonde offered a service to help users save, explore, and book travel.

Travel & HospitalitySalt Lake City, US

Aaron DeRose(Director)Thomas Compagno(Executive Officer, Director)Rilee Buttars(Executive Officer, Director, Promoter)Thomas Currit(Executive Officer)Owen Fuller(Director)

BoardSerene Papenfuss(Director)in

Co-investorsNext Frontier CapitalKickstartMatrixSwell Collective

Dreambasedreambase.comin𝕏Apr 2026

Dreambase is an AI-native analytics platform that enables companies to extract actionable insights directly from their Supabase database using AI agents, eliminating the need for traditional data teams or data warehouses.

AI & Machine LearningData & InfrastructureSaaS

Kyle Ledbetter(Founder)in

Co-investorsAngel Collective Opportunity FundEarl Grey CapitalFelicis VenturesFirstMile VenturesActive CapitalDarkmode Ventures

Esgsolutionsesgsolutions.comin

ESG Solutions provides subsurface diagnostic and monitoring services—using microseismic, tilt, fiber optic, and electromagnetic technologies—to help operators detect, locate, and de-risk underground activities.

CleantechClimate TechEnergyKingston, CA

Trevor(Founder (owner of Deep Imaging Technologies))Olena(CEO)Tim(Operations Leadership)Doug(Head of Data Analytics / IT & Software)Jason(Manufacturing & Operations Lead)Chris(Engineering / Product Development Lead)

Co-investorsTexas Ventures

Experimentexperiment.com𝕏

Experiment is a platform for discovering, funding, and sharing scientific research.

Deep TechHealthtechMarketplacesSaaSHonolulu, US

Denny Luan(Founder)inSkander Mzali(CTO)Cindy Wu

Co-investorsK5 VenturesMetaplanetY Combinator500 GlobalAndreessen HorowitzFounder Collective+11 more

Experiment Engineexperimentengine.cominNov 2014

SaaSAustin, US

Edward J Lawless(Executive Officer, Director)Claire E Vo(Executive Officer, Director)in

Co-investorsTechstarsFounder Collective

HiLinkhilink.coSeed · Jul 2024 · $5M

HiLink is an API-first, AI-powered platform for live collaboration, virtual classrooms, and scalable streaming that turns live sessions into structured outputs such as transcripts, summaries, reports, and compliance records.

AI & Machine LearningEnterprise SoftwareSaaSChicago, US

Fuchen Wu(Executive Officer, Director)

Co-investorsAVA AngelsCorazon CapitalMudita Venture

Illumitexillumitex.cominSeries B · May 2008 · $5M

Austin, US

Chris Hammelef(President)inCarl Gallagher(Secretary and CFO)inDung T. Duong(Executive Officer, Director)inMatthew R. Thomas(Executive Officer, Director)Randall E. Johnson(Executive Officer)in

BoardArmando Pauker(Director)

Co-investorsWP Global PartnersMorgan Creek CapitalNew Enterprise Associates (NEA)

InfoChimpsinfochimps.com𝕏acquired by Csc

DEV.co is a custom software development and IT staffing firm that provides full-stack front-end and back-end engineering through onshore, nearshore, and offshore teams.

Developer ToolsEnterprise SoftwareSaaS

Nate Nead(Chief Executive Officer)inDnyanesh Gangamwar(Chief Operations Officer)Aman Jain(Chief Technology Manager)Timothy Carter(Chief Revenue Officer)Samuel Edwards(Chief Marketing Officer)in

Co-investorsDundee Venture Capital

Iondistrictiondistrict.comin

The Ion District is a 16-acre innovation hub and physical campus in Houston developed by Rice University to support collaboration among entrepreneurs, startups, and established companies.

Climate TechDeep TechEnterprise SoftwareFuture of WorkImpact & Social GoodPropTechHouston, US

John Reale(Associate Vice President for Industry and New Ventures, Rice University; Executive Director, Rice Alliance)in

Jetlorejetlore.cominacquired by PayPal

Jetlore was a Palo Alto AI startup that turned unstructured retail product data into structured attributes so merchants could personalise what each shopper saw.

ConsumerCrypto & Web3E-commerceFintechMarketplacesPalo Alto, US

Co-investorsA*Alsop Louie PartnersBRM CapitalSequoia CapitalUlu VenturesUpfront Ventures+3 more

KODE Healthkodehealth.cominSeries B · Jan 2025 · $27M

KODE provides a platform connecting medical coders with healthcare providers, offering coders flexible income opportunities while helping providers manage staffing and workflow needs in the healthcare industry.

Enterprise SoftwareHealthtechHR Tech

Brian Dessoy(Founder)inBrad Sawdon(Founder)in

Co-investorsEpsilon Health InvestorsFCA Venture PartnersID VenturesMichigan Rise

Koupon Mediakouponmedia.comin𝕏

PDI Technologies provides software and analytics for retailers, wholesalers, and brands in the convenience and fuel retail industry, including ERP back-office and invoicing tools.

Enterprise SoftwareRetail TechSaaS

Co-investorsTech Wildcatters

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ABXR LabsApartment ButlerCMT SolutionsDaticalDigital Wildcatters, Inc.Olea NetworksRespond Flow, Inc.Trackx HoldingsActacellAnekha Sokhal, Founder & CEOApsara TherapeuticsArdenAyoola John, CEO and FounderBlacklocusBrassicaBrassica Technologies Inc.Brian Glick, CEO and FounderChris Heitman, CEODamon Waters, Co-founder / Wayne Buschmann, Co-FounderDaniel Wang, Founder & CEODavid Moore, CEO / Trevor Pugh, Co-FounderDiamond Lane Communication CorporationEric Allen, CEO / Rodney Williams, FounderEthan McAfee, CEO and FounderFilament LabsGraylogHans Brehens, Co-founder & CTOHellomoshiiAsk AiJeremy Smith, Founder & CEOJosh Teekell, Founder & CEOMacheenMarshall Smith, CEOMatt Bradley, CEO / Rick Barkley, FounderMatthew Bouchner, Co-Founder & CEOMichael Provenzano, CEOMoody Heard, CEO and FounderPactsafePatientIOPete Blackshaw, CEO / Hank Hudepohl, CTOPhil Sitter, Founder & CEOResonant TherapeuticsSham Afzalpurkar, Founder and CEOSoneroStrapTanner McGraw, Founder and CEOTim Harvie, CEO and FounderVenus AerospaceYottledYoungro Lee, Founder & CEO

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 12

4 IPOs · 8 acquisitions · showing 11

AmbiqNYSE: AMBQBitGoNYSE: BTGONeumora TherapeuticsNASDAQ: NMRAPayPalNASDAQ: PYPLAptoacq. by BuildoutTrendkiteacq. by CisionBlacklocusacq. by The Home DepotEthan McAfee, CEO and Founderacq. by Cart ComInfoChimpsacq. by CscJetloreacq. by PayPalOneacq. by Urban Sports Club

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Mercury Fund made?
Mercury Fund has 151 tracked investments, 12 of which have exited, including 16 dated in the last 24 months.
What stage does Mercury Fund invest at?
Mercury Fund invests at the Seed, Series A, Series B stages.
What is Mercury Fund's typical check size?
Mercury Fund typically writes checks of $250K – $4M.
What sectors does Mercury Fund focus on?
Mercury Fund focuses on Advanced Manufacturing, AI & Machine Learning, Crypto & Web3, Cybersecurity, Deep Tech, Defense Tech, Developer Tools, E-commerce, Energy, Enterprise Software, Fintech, Healthtech, Logistics & Supply Chain, PropTech, SaaS, Sector Agnostic, Space Tech, Sports Tech.
Where is Mercury Fund located?
Mercury Fund is headquartered in Houston, US.
Does Mercury Fund lead rounds?
Yes, Mercury Fund leads investment rounds.
Who does Mercury Fund co-invest with?
Mercury Fund most often shares deals with Urban Capital Network, Frontera Technology Ventures, Dundee Venture Capital, among 261 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Startup Grind Austin Hosts Blair Garrou (Mercury Fund)

Austin Tech Live · Blair Garrou

Aziz Gilani of Mercury Fund on the Series A crunch, Jobs Act, and future trends.

Tech co · Aziz Gilani

Aziz Gilani - DFJ Mercury Fund - Tech Cocktail Week: December 2012

Tech co · Aziz Gilani

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Mercury Fund photo

Co-investors · 15

Techstars

Techstars is a global startup accelerator and early-stage investor that funds and mentors ambitious founders, providing $220K in capital, a three-month program, and access to a worldwide network of mentors, investors, and corporate partners.

$220K
GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in AI and machine learning since its early days, backing more than 100 AI companies across infrastructure, life sciences, and applications.

$250K – $50M
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

Both backed · 2
$200K – $40M
iSelect Fund

iSelect Fund is a venture investor focused on the convergence of agriculture technology and human health, backing companies that improve nutrition, food affordability and sustainability as well as data and delivery technologies for detecting and treating cardio-metabolic disease.

$250K – $2M
IA Ventures

IA Ventures is a venture capital firm that invests in early-stage software and frontier technology companies.

Both backed · 1
$1M – $3M
Notion Capital

Notion Capital is a London-based venture capital firm focused on B2B SaaS and cloud technology companies, backing founders on the journey to scale.

Both backed · 1
$1M – $100M
Dnx Ventures

DNX Ventures is an early-stage venture capital firm that invests in B2B startups across various industries.

Both backed · 1
$1M – $5M
BDC Venture Capital

This is the Analysis and Research section of BDC (Business Development Bank of Canada), publishing studies, surveys and reports on issues affecting Canadian small and medium-sized businesses.

Both backed · 1
$365K – $25.6M
Origin Ventures

Origin Ventures is an early-stage venture capital firm backing founders building companies in the artificial intelligence economy, focusing on infrastructure, software, applications, services, and marketplaces that transform productivity and automation.

Both backed · 1
$500K – $5M
Prelude Ventures

Prelude Ventures is a venture capital firm backing entrepreneurs building climate and clean-technology companies across sectors such as energy, carbon management, food and agriculture, mobility, and industrials.

Both backed · 1
$100K – $5M
Jump Capital

Jump Capital is a venture capital firm that leads and participates in startup financing rounds, providing capital, strategic guidance, hiring support, and operational assistance to its portfolio companies.

Both backed · 1
Tekfen Ventures

Tekfen Ventures is an early-stage venture capital firm headquartered in New York City that backs founders working on transformative technologies for legacy industries in construction, agriculture, and supply.

Both backed · 1
$1M – $3M
▶3 more co-investors

Montrose LaneVantagePoint Capital PartnersTensility Venture Partners

Firms observed investing alongside Mercury Fund, from public investor directories. Shared companies are the overlap with Mercury Fund's recorded portfolio.

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