How it started vs. how it’s going (These are our team callsigns — icons Mercury employees receive from the universe that are associated with an emoji on Slack.)
Mercury
Financial Services
San Francisco, CA 44,415 followers
The fintech more than 200K ambitious companies trust with their finances.
About us
Mercury is the fintech ambitious companies use for banking* and all their financial workflows. With a powerful bank account at the center of their operations, companies can make better financial decisions and ensure that every dollar spent aligns with company priorities. That's why over 200K startups choose Mercury to confidently run all their financial operations with the precision, control, and focus they need to operate at their best. To learn more, visit Mercury.com. *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust, Members FDIC.
- Website
-
http://mercury.com
External link for Mercury
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- San Francisco, CA
- Type
- Privately Held
- Founded
- 2017
Locations
-
Primary
San Francisco, CA 94105, US
Employees at Mercury
Updates
-
Mercury reposted this
LVBL x Mission Athletic Club present the inaugural Mercury Invitational. Bringing together Silicon Valley’s startup scene, along with the LVBL & Mission Athletic Club community to win big prizes from Wilson Sporting Goods Co., TENREC, Minus: A Compound Foods Company, Golden State Tennis, and so many more. Congrats to the finalists: Sam Mendel of NetworkOcean Maddie Wang building in stealth Oliver Hill of clearspace Alex Kolchinski of GWA.ai Milo Trauss Thank you to Jackie Hyland for making the vision happen, along with the rest of the players; Tom Blomfield, Trishla Pokharna, Tanmayi Sai, Pranab Krishnan, Nic Corpora, Nakul Chakrapani, Jimmy Jaramuzchett, Drew G., Simon Abranowicz, Rob Balian, Kai Deng, Jonah Harley, David Head An additional shout to Loops, Endorsed, & Visit our websites to learn more about weekly play and tournaments 🏟️
-
+12
-
Congratulations to our very own Christine Andrews, CPA for receiving NVTC's 2024 Rising Star award! 💫
Congrats to NVTC’s 2024 Class of Rising Stars at the 28th Annual NVTC Technology CFO Awards! Gaurav Agarwal, CPA, Cvent Christine Andrews, CPA, Mercury Mark Borcherding, SMX Mark Brodzinski, Unanet Mike Fitzgerald, BWX Technologies, Inc. Sammaad Shams, Cvent #CFOAwards2024
-
Close the books like clockwork with our new accounting automations. ⌛ - Easily sync with Intuit QuickBooks, NetSuite, and Xero - See all your bills, cards, and transactions in one place - Automatically categorize card transactions with custom rules - Easily request and store vendor tax documents - Streamline employee expense reporting with receipt requirements All powered by the bank account. Dreams do come true. *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust®; Members FDIC.
-
Which financial workflows should you focus on? Where should you start? Which can you delegate? On the question of how to simplify your finances as a founder, the answer lies at the center of it all: the bank account. In this chapter of The Entrepreneur’s Handbook, we look at the three core financial functions for founders, and how to simplify them all from the start.👇 🧮 Foundational finance functions: These include basic bookkeeping, payroll, and payments. For starters, timely and accurate payroll is a reflection of your company’s respect for its workforce. Similarly, ensuring vendors are paid on time builds strong relationships and prevents supply chain disruptions. These can often be handled in-house in the early days or outsources as your needs grow. Basic bookkeeping with give you a working knowledge of your day-to-day cash flow and insights into the health of the business. Hiring a bookkeeper sooner than later, however, can ensure you stay on track. 📑 Financial records & obligations: Think taxes and cap table management. You may not be focused on taxes in the early days (especially if you aren’t profitable yet) but meeting tax obligations and taking advantage of any tax benefit is important from the get-go. You may want to outsource this to a tax firm or CPA with experience in your industry. You might also consider retaining legal counsel or exploring specialized tools for cap table management to maintain accurate records of equity ownership across friends and family rounds, angel investors, and VCs. 📊 Financial data & performance: This can encompass growth and product data, P&L reporting, and managing cash and runway. You’re best positioned to understand your startup’s financial performance in the context of your business. Tracking this will help you understand revenue trends over time and the levers that drive it, and to better forecast your cash position at any given time, which can help make smart calls for the future of your company. Read the full article at the link in our comments to learn more. 👇
-
Calling all SF designers (and non-designers)! We're hosting a fireside chat with a few of our designers and engineers next week for San Francisco Design Week. On the panel: Amanda Piñero, Senior Product Designer Alessandra Nicole Mosenifar, Growth Design Manager Liana Dumitru, Director of Product Design 📱 Parth Padgaonkar, Mobile Engineer Manager Rohini Pandhi, Head of Expansion If you're interested in learning more about how Mercury designs with quality and craft, this is the event for you. And yes, there will be a Happy Hour. 🥂 RSVP at the link in our comments 👇
-
Headed to New York #TechWeek next week? Don't miss out on our Mercury events.
NY Tech Week is just around the corner and we couldn’t be more excited about all the events we have planned. If you’re heading to NYTW next month, here’s where you’ll find us:👇 Cultivating a Winning CEO x Finance Partnership in Startups with Andreessen Horowitz and Merge. Join us for a moderated chat about the crucial connection between founders and their finance leads. RSVP: https://lnkd.in/gVagCpKY Our second annual comedy night with Alexis Gay and Banana Capital. RSVP here for some laughs you don’t want to miss: https://lnkd.in/g_kZC_bX Founder Friends Happy Hour with Hustle Fund, PartnerHero, Fidelity Investments, AWS Startups, and Amplitude. RSVP here: https://lnkd.in/g8r-RjDX AI x Bio with LifeX Ventures for founders in the Healthcare and Bio space. RSVP here: https://lu.ma/5juav2a0 and here: https://lu.ma/q3tsz9is A GPs + LPs lunch with Pete Mathias and Teddy Repko, CFA: https://lnkd.in/gMre3JJ4 A Michelin star Accelerators Brunch. RSVP: https://lnkd.in/gVwCe5hg AI Builders and Live Demos with betaworks. Mingle with fellow builders, founders, investors, and more. RSVP: https://lu.ma/h4igty24 LP Perspectives for Emerging Managers with Chasing Rainbows, Lowenstein Sandler LLP, and StartOut RSVP: https://lu.ma/0k859s4x VC Roundtable: Optimizing Your Fundraising Approach with Mercury Raise, Forum Ventures, and Primary Venture Partners. RSVP: https://lnkd.in/g235tCyd See you there! TECH WEEK by a16z
-
Mercury reposted this
Relationship Management @ Mercury | Startup Advisor & Venture Connector | Leading Banking, AgTech & ClimateTech Initiatives
Kicking off the second round of our Mercury x Family Office Insights partnership, offering 3-4 Mercury portfolio companies (funds & founders) the opportunity to pitch and connect with FOI's 800+ family office subscriber network; led by the inimitable Arthur Andrew Bavelas. *June 10th, 2:15pm EST: Adam Freund, Founder & CEO, Arda Therapeutics *June 11th, 2:15pm EST: Jason Fernandez, General partner, Creci Ventures *June 12th, 2:15pm EST: Jonathan Kim, CSO and VP of Climate Impact at Terraformation I am excited to continue cultivating stronger relationships between Mercury's relationship-managed clients & family offices seeking to access innovative and future-forward investment opportunities. Please comment or DM me if you are an accredited investor or family office seeking to attend these or future sessions; or a founder / fund looking to learn more about how a banking relationship with Mercury can add value to your network. Rob Fenton Puya Vossoughi Ramit Singh Mike Malenfant Shadman Sakib William Mitchell #relationshipmanagement #familyoffice #fundraising
-
Mercury reposted this
Last week, we had 70 leaders at Mercury in our new SF office. Feeling pretty excited about what we have accomplished and our plans this year: * 8 quarters of profitability with more money on the balance sheet than we have ever raised (>$163m) * Q1 was our best quarter in customer growth and revenue (and Q2 trending stronger). March 2024 beat the SVB surge of March 2023 * 200k+ customers and 640 employees * Talked a lot about becoming a multi-product company with the launch of Mercury Personal, bill pay, invoicing and reimbursements * Thanks to Gokul Rajaram and Tara Seshan on giving great talks on building multi-product companies at scale
-
Calling all founders and finance leads, we’ve got some great events coming down the pipeline you won’t want to miss. 👇 💸 Scaling a Finance Team as Your Company Grows with Josh Aharonoff, CPA (Founder, Mighty Digits) and Daniel Kang (VP of Finance, Mercury). Join us online tomorrow at 9am PT to discuss how founders and finance leads can grow at an early startup. 🔗 RSVP here: https://lnkd.in/eWePrpwr 🏆 Cultivating a Winning CEO x Finance Partnership in Startups with Alastair (Alex) Rampell (Investor, Andreessen Horowitz), Daniel Kang, and Shensi Ding (Co-founder, Merge). Join us live at NY #TechWeek on 6/4 at 6:30pm ET to chat about the important connection between startup founders and their finance teams. 🔗 RSVP here: https://lnkd.in/gVagCpKY #FinanceEvents