Mercury has raised a total of $346 million in funding across multiple rounds, with major investors including Coatue, Andreessen Horowitz, CRV, and Sapphire Ventures. The company reached a valuation of $3.5 billion as of March 2025, following its $200 million Series C round. Earlier rounds included a $120 million Series B (2021) and $21.3 million Series A (2019), highlighting Mercury’s rapid ascent in the fintech sector. With multiple crowdfunding and secondary rounds, Mercury continues attracting top-tier institutional backers to expand its digital banking footprint.