Mercury’s $300M Series C Doubles Valuation to $3.5 Billion Fueled by Powerful “One Banking Account” Model
American Entrepreneurship
MARCH 30, 2025
The new funding round, led by Sequoia Capital, includes both primary and secondary investments, with additional participation from Spark Capital, Marathon, and existing backers such as Coatue, CRV, and Andreessen Horowitz. It introduced a corporate credit card in 2022, which has quickly become the most-used card among its users.
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