By Christopher Kuo
Fintech banking startup Mercury raised $200 million in a Series D funding round that values the company at $5.2 billion.
The capital raised was led by TCV and included existing investors, such as Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital and Spark Capital, Mercury said Wednesday. This brings total primary and secondary funding to about $700 million, the company said.
In the last year, Mercury launched its in-product artificial intelligence tool. Later this year it plans to roll out Mercury Command, an AI tool for completing financial work, the company said.
The startup previously said in March that it had raised $300 million at a $3.5 billion valuation.
Write to Christopher Kuo at chris.kuo@wsj.com
(END) Dow Jones Newswires
May 20, 2026 11:23 ET (15:23 GMT)
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