Mercury Technologies
Mercury, a financial technology company, provides business banking solutions including accounts, cards, wire transfers, treasury management, and venture debt.
Secondary Market Price
Secondary Market Price
How Mercury Technologies Measures Up
To help you manage your Mercury Technologies equity, Prospect has run the company through our machine learning model.
Prospect Rating
--
This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
--
Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series C
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
Secondary Market Price Chart
Create a free account to unlock real-time secondary market prices and future projections of Mercury Technologies's value.
Sign up to Unlock the Latest DataData will be available soon.
Sign up to receive notifications when it is available.
Prospect Projected Future Mercury Technologies Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Mercury Technologies's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Mercury Technologies is a financial technology company that provides banking solutions and software products tailored for businesses, particularly startups. Its offerings include checking and savings accounts, debit and credit cards, wire transfers, treasury management, and venture debt. The company also develops software for financial operations like payment management, fraud monitoring, and accounting automation. Mercury is not a bank; it partners with FDIC-insured institutions, including Choice Financial Group and Column N.A., to provide its banking services. Founded in 2017 by Immad Akhund, Jason Zhang, and Maximilian Tagher, the San Francisco-based company reports serving over 200,000 businesses and, as of March 2023, operates in 32 countries.
Recently, the company has focused on service enhancements and product expansion. It rolled out real-time messaging support to all customers, reporting an average first response time of 1.9 minutes and a shift of 40% of support volume to the new channel. Mercury also launched a new product, Mercury Personal, making its banking services available to individuals. The company's stated future plans include further investment in customer support automation and continued hiring to facilitate growth.
- Sequoia Capital
- Spark Capital
- Marathon
- Coatue
- CRV
- Andreessen Horowitz
- Tencent Holdings
- Naval Ravikant
- Kevin Systrom
- Scott Belsky
- Justin Mateen
- Elad Gil
- DFJ (Draper Fisher Jurvetson)
- Co-Founder, Immad Akhund
- Co-Founder, Max Tagher
- Co-Founder, Jason Zhang
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Mercury Technologies worth joining?
Deciding to join a startup like Mercury Technologies involves evaluating its growth potential, culture, and the value of its compensation package. Tools like Prospect can help you understand the potential future value of your equity offer to make a more informed decision.
What should I do with my Mercury Technologies stock?
Managing your private company stock involves creating a personalized strategy for exercising options, planning for taxes, and deciding when to sell. Platforms like Prospect offer customized strategies and tax optimization tools to help you maximize the value of your equity.
Can you sell Mercury Technologies stock?
As a private company, Mercury Technologies stock isn't traded on public exchanges, but employees may be able to sell shares through secondary markets or company-approved tender offers. Prospect's tools can help you navigate these opportunities and determine the most tax-optimal shares to sell.
How can I find the value of my Mercury Technologies stock?
The value of private stock is typically determined by the company's latest 409A valuation, but its future worth can be projected based on various growth factors. Prospect uses predictive models, trained on data from top VCs, to help you forecast the potential future value of your shares.
What is Mercury Technologies's equity worth?
The total worth of Mercury Technologies's equity is based on its private valuation, but your personal net equity value depends on your specific grants, vesting schedule, and tax situation. You can use a platform like Prospect to upload your equity details and receive a personalized projection of your post-tax equity value.
What is Mercury Technologies's stock ticker symbol?
Since Mercury Technologies is a private company, it is not listed on a public stock exchange. Therefore, it does not have a stock ticker symbol.
Can I buy or sell Mercury Technologies stock?
Selling shares is sometimes possible through secondary markets, while buying is generally limited to accredited investors or employees exercising their stock options. Prospect provides strategies to help employees decide the optimal time to exercise their options to maximize their potential return.
What is the criteria to buy or invest in Mercury Technologies stock?
Investing in a private company like Mercury Technologies is typically restricted to venture capital firms, institutional funds, and accredited investors. Employees may also acquire stock by exercising their vested options as part of their compensation package.
