Mercury Fund
Venture capitalHouston · Seed–Series B · 37 people tracked
Also known as MERCURY PARTNERS MANAGEMENT, LLC
Investment thesis
Mercury Fund backs ambitious, domain-expert founders who deeply understand their industries and are solving real problems in real markets. The firm focuses on breakthrough innovation across frontier technologies including artificial intelligence and blockchain, seeking founders positioned to transform markets, industries, and customer relationships.
Source: firm website, verified Aug 3, 2026.
Team · 37 people
from the firm's website & public directoriesWhat they invest in
from 64 of 125 portfolio companiesSaaS ×33Enterprise Software ×25AI & Machine Learning ×22Fintech ×9Healthtech ×9Data & Infrastructure ×7Marketing Tech ×6Deep Tech ×5
HQs:United States×47
Investments · 125 tracked
founders shown can be your intro pathAmbiq develops ultra-low-power semiconductor solutions and edge AI platforms for IoT and healthcare applications.
AI & Machine LearningIoTSemiconductorsAustin, US
Scott Hanson(Executive Officer, Director)Fumihide Esaka(CEO)Scott Goodwin(Executive Officer)Joseph A. Tautges(Director)Paul Rolls(Executive Officer)Sean Chen(Executive Officer, Director)
BitGo provides institutional-grade digital asset infrastructure including custody, trading, wallet services, and stablecoin management for financial institutions and enterprises.
Crypto & Web3Enterprise SoftwareFintech<UNKNOWN>, US
Michael A. Belshe(Executive Officer, Director)Chen Fang(Executive Officer, Director)Krishna Juvvadi(Executive Officer)Ed Reginelli(Executive Officer)J. WILLIAM LEE(Director)ANTONIO GRACIAS(Director)
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
Kristina Burow(Director)Matthew Fust(Director)Robert Nelsen(Director)Kari Stefansson(Director)Paul Berns(Executive Officer, Director)Stacie Weninger(Director)
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)Huanjin Chen(Chief Technology Officer)Michael Gorman(Chief Product Officer)Tim Schigel(Director)
Norman, US
Brad Scoggin(Executive Officer, Director, Promoter)Jordan Williams(Director)
BoardNathaniel Harding(Director)William Stackable(Director)
Board seatAdrian Fortino· per SEC Form D · $2.2M raise · filed Jul 2025
Aclaimant provides risk management software to help organizations identify and actively manage business risks.
Enterprise SoftwareInsurTechChicago, US
Michael Schultz(Co-founder)David Wald(Executive Officer, Director)
BoardLaura Brady(Director)
Board seatAdrian Fortino· per SEC Form D
Alexandria, US
Ethan McAfee(Executive Officer, Director)MARK HASEBROOCK(Director)
Board seatBlair Garrou· per SEC Form D
Houston, US
Benjamin Johnson(Executive Officer, Director)
Board seatBlair Garrou· per SEC Form D · $25.6M raise · filed Sep 2022
Nashville, US
Traci A. Snowden(Executive Officer, Promoter)Charles Jung(Executive Officer)Maureen Higgins(Executive Officer)David Tanner McGraw(Executive Officer, Director)Matthew Flake(Director)Jeffrey Diehl(Director)
Board seatBlair Garrou· per SEC Form D · $1.9M raise · filed Jul 2019
Houston, US
Jackie DiMonte(Director)Denman Moody Heard(Executive Officer, Director)Jarrod Pollock(Director)Alexander Brown(Executive Officer, Director)Adrian Fortino(Director)
Board seatAdrian Fortino· per SEC Form D · $1.5M raise · filed Feb 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)Jim Jacobson(Director)
BoardAlan Miller(Director)Scott Calliham(Director)
Board seatBlair Garrou· per SEC Form D
Cabin John, US
Andrew Mignatti(Executive Officer, Director)Pericles Dimas(Executive Officer, Director)
Board seatAziz Gilani· per SEC Form D · $6.7M raise · filed Apr 2020
Austin, US
Derek Hutson(Executive Officer, Director)Michael P. Turner(Director)Robert Reeves(Executive Officer)Aziz J. Gilani(Director)
Board seatAziz Gilani· per SEC Form D · $3M raise · filed May 2017
Houston, US
Collin McLelland(Executive Officer, Director)Charles Yates(Director)Jacob Corley(Director)
Board seatBlair Garrou· per SEC Form D · $7.4M raise · filed Mar 2025
Austin, US
John Frankel(Director)Tan Tran(Executive Officer, Director)Aziz Gilani(Director)
Board seatAziz Gilani· per SEC Form D · $500K raise · filed Apr 2019
St. Louis, US
Kyle Welborn(Director)Paul Schaut(Director)Anton Xavier(Executive Officer, Director)Dheeraj Patri(Executive Officer, Director)Blair Garrou(Director)
Board seatBlair Garrou· per SEC Form D
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)Matthew Bouchner(Executive Officer, Director)
Board seatBlair Garrou· per SEC Form D · $13.1M raise · filed Mar 2024
Houston, US
Josh Teekell(Executive Officer, Director)
Board seatHeath Butler· per SEC Form D · $8.2M raise · filed Oct 2024
Houston, US
Christian Stewart(Director)Nate Quinn(Director)Sameer Soleja(Executive Officer, Director)Doug Wendler(Director)
Board seatBlair Garrou· per SEC Form D · $11.9M raise · filed Jul 2025
Carmel, US
Brian Powers(Executive Officer)
Board seatAdrian Fortino· per SEC Form D · $5.5M raise · filed Jul 2018
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
Jacob Cole(Director)Aziz Gilani(Director)Matthew Suraci(Executive Officer, Director)Philipp Sitter(Executive Officer, Director)Christopher Chomenko(Executive Officer, Director)
Board seatAziz Gilani· per SEC Form D
Tulsa, US
Martin Lien(Executive Officer, Director)Aziz Gilani(Director)
Board seatAziz Gilani· per SEC Form D · $3.3M raise · filed Aug 2021
ReturnLogic provides a returns management platform for ecommerce merchants that handles product return processing, tracking, and analytics.
E-commerceRetail TechSaaS
Jayson Tichler(Mr. Tichler is the Chief Financial Officer of the Issuer.)Peter Sobotta(Executive Officer, Director)Blair Garrou(Director)
Board seatBlair Garrou· per SEC Form D
San Francisco, US
Adrian Fortino(Director)Jon Sobel(Chief Executive Officer and President)Nathan Oostendorp(Secretary and Treasurer)Mark Jacobsen(Director)Roger Ehrenberg(Director)
Board seatAdrian Fortino· per SEC Form D
Otto is an all-in-one client communication platform for veterinary clinics, covering appointment reminders, forms, payments, messaging, AI scribing, and online booking in a single subscription.
AI & Machine LearningHealthtechSaaSAustin, US
Allie Esch(Director)Price Fallin(Executive Officer, Director)Steven Carter(Executive Officer, Director)
Board seatHeath ButlerBlair Garrou· per SEC Form D · $41.3M raise · filed May 2023
Vancouver
DARRYL CARDEY(Director)MARK LOTZ(Executive Officer)EDDIE SHEK(Executive Officer)ROBB JAMES(Executive Officer, Director)BLAIR GARROU(Director)DARREN DEVIN(Executive Officer, Director)
Board seatHeath ButlerBlair Garrou· per SEC Form D · $207K raise · filed Jan 2021
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)Scott Dorsey(Director)Rob Beeler(Executive Officer, Director)Matt Bressler(Director)
Board seatAziz Gilani· per SEC Form D
CisionOne is a media intelligence platform that provides media monitoring, analytics, and influencer engagement tools for PR and communications teams.
Marketing TechSaaSAustin, US
Morgan Flager(Director)Anthony Bruno(Executive Officer)Matthew Allison(Executive Officer, Director)Alan Taetle(Director)
BoardErik Huddleston(Executive Officer, Director)
Board seatBlair Garrou· per SEC Form D
Trousdale Ventures is a global venture capital firm that invests in mission-driven companies across climate tech, deep tech, space and mobility, and consumer sectors.
Sector AgnosticSeal Beach, US
Sarah Duggleby(Executive Officer, Director)Andrew Duggleby(Executive Officer, Director)Phillip Sarofim(Founder)
Board seatBlair Garrou· per SEC Form D
Alert Logic delivers managed security services including threat detection and response, cloud security, and incident readiness for enterprises.
CybersecurityEnterprise Software
Paul Marvin(Executive Officer)Lisa Pearson(Director)Darren Battistoni(Director)Jim Lewandowski(Executive Officer)Tony de Nicola(Director)Robert Grayson Hall(Executive Officer, Director)
Benson Hill develops genetically optimized soy seed varieties using AI-driven plant science, targeting agricultural producers seeking more nutritious, sustainable, and energy-dense crop solutions.
AgTechAI & Machine LearningNew Materials
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)
Brassica provides qualified custodian services for client assets, offering secure multi-layered storage, AML/KYC compliance, and $250 million fraud and hack insurance.
Fintech
Buildforce is a platform that matches electrical contractors with vetted, short-term and temp-to-hire electricians while managing worker onboarding, time tracking, and compliance.
Construction TechHR TechSaaS
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)Dan Graham(Director)Tamer Mokhtar(Director)Samantha Lewis(Director)Kurt Abrahamson(Director)Stephanie Fisher(Executive Officer)
Clean Chemistry develops water treatment and microbial control technologies using proprietary oxidation chemistry formulations.
CleantechEnterprise SoftwareNew MaterialsBoulder, US
Dan Watkins(Director)Damon Waters(President, CEO and Secretary)Wayne Buschmann(Chief Technology Officer)
careviso provides a software platform (seeQer) that helps healthcare providers verify patient insurance eligibility, conduct prior authorizations, and estimate out-of-pocket costs to improve administrative efficiency and patient transparency in the US healthcare system.
Enterprise SoftwareHealthtechSaaS
Collide provides an AI platform designed for oil and gas operators to automate complex workflows and index operational data.
AI & Machine LearningEnergyEnterprise Software
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.
Frequently asked questions
- 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, Enterprise Software, Fintech, Healthtech, PropTech, SaaS, Sector Agnostic, 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.
Media · Podcasts & interviews
featuring the teamStartup 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
Images
Co-investors · 15
Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.
GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.
Notion Capital is a European early-stage venture investor focused on business software companies, run by a team of former entrepreneurs and operators.
DNX Ventures is a venture capital firm investing in early-stage B2B software startups, with its Japan Fund targeting seed and Series A companies in Japan and across Asia.
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.
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.
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.
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.
New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.
IA Ventures is a venture capital firm that invests in early-stage software and frontier technology companies.
BDC Venture Capital is the venture capital arm of the Business Development Bank of Canada, describing itself as Canada's largest and most active venture capital investor, backing Canadian technology companies with equity, advice and network access.
Prelude Ventures is a venture capital firm that invests in and supports early-stage startups with the potential to mitigate climate change.
▶3 more co-investors
VantagePoint Capital PartnersTensility Venture PartnersMontrose Lane
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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