Mercury

Mercury

Mercury is a company making banking products for startups based in San Francisco and backed by a16z.

Mercury is a bank focused on serving startups that is headquartered in San Francisco, California and was founded in 2017 by Immad Akhund, Jason Zhang and Max Tagher. The company officially began offerings its services on April 17, 2019 after announcing the launch of their private alpha in a blog post written by the companies co-founder Immad Akhund. The companies startup banking software product focuses on creating a simple user interface, the ability to offer financial services, and company insight through data Mercury has on each startup company using their products and services. Mercury startup bank accounts come with the following features: checking account, savings account earning 1-1.75% interest, debit cards, ACH payments, check payments, domestic and international wire transfers, and access to their web application.

Funding

They have received funding from: Andreessen Horowitz, L2 Ventures, Eric Wu, Joshua Reeves, Roger Smith, Howie Liu, Justin Kan, Tikhon Bernstam, James Beshara, Matt Humphrey, Tomer London, James Tamplin, Jude Gomila, Max Mullen, Zach Coelius, Bill Clerico, Jared Friedman, Naval Ravikant, Zach Perret, Elad Gil, John Bautista, and Qasar Younis.

Seed

In August 2017 Mercury completed their seed funding round with $6 million in funding from Andreessen Horowitz (lead investor), Naval Ravikant, Roger Smith, Justin Kan, Joshua Reeves, Jude Gomila, Tomer London, Max Mullen, and Zach Perret.

Timeline

September 26, 2019

Mercury raises a $20,000,000 series A round from Kevin Durant, Charles River Ventures, Andreessen Horowitz, Ryan Petersen, Scott Belsky and Kevin Hartz.

April 17, 2019

Mercury launched to the public

The launch was announced in a blog post.

August 18, 2017

Mercury was founded by Immad Akhund.

August 2017

Mercury raises a $6,000,000 seed round from Andreessen Horowitz.

Funding rounds

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People

Name
Role
LinkedIn

Immad Akhund

Co-founder and CEO

Jason Zhang

Co-founder

Juliana Vislova

Product Designer

Max Tagher

Co-founder

Further reading

Title
Author
Link
Type
Date

Mercury opens bank for startups with funding from Andreessen Horowitz

Dean Takahashi

Web

April 17, 2019

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Jonathan O'Callaghan
May 7, 2020
New Scientist
Mercury is much denser than the other rocky planets in the solar system, and that may be because a collision vaporised its surface and the debris was blown away by the sun
Caleb A. Scharf
April 18, 2020
Scientific American Blog Network
A final flyby on the way to the inner world
By Ryan Morrison For Mailonline
April 16, 2020
Mail Online
The star, called S2, orbits Sagittarius A* in a rosette shape rather than an ellipse or circle - an idea predicted by Einstein in his century old general theory of relativity.
Marcia Dunn
April 10, 2020
CTVNews
A Mercury-bound spacecraft swooped past Earth on Friday, tweaking its roundabout path to the solar system's smallest and innermost planet.
Loren Grush
April 9, 2020
The Verge
On April 10th, Europe and Japan's joint spacecraft, BepiColombo, will slingshot around Earth in the early morning hours. It will use Earth's gravity to brake its speed and change its course through the Solar System, putting itself on track to reach Mercury in the next five years.
Ethan Siegel
March 31, 2020
Forbes
We're not made out of the densest elements, but we're the densest planet nonetheless. Here's why.
Chris Ciaccia
March 25, 2020
Fox News
Even though it currently has temperatures approaching 800 degrees Fahrenheit during the day and nearly -300 degrees at night, a new study suggests there is a small chance that the planet Mercury could have supported life.
Shannon Hall
March 24, 2020
www.nytimes.com
A new explanation for the rocky world's jumbled landscape opens a possibility that it could have had ingredients for habitability.
March 16, 2020
Universe Today
While the scorching planet Mercury might not be the first place you'd think to look for ice, the MESSENGER mission confirmed in 2012 that the planet closest to the Sun does indeed hold water ice in the permanently-shadowed craters around the Mercury's poles. But now a new study regarding Mercury's ice provides even more counter-intuitive ... Continue reading "The Intense Heat from the Sun Helps Ice Form on Mercury. Wait... What?"
By Michael Thomsen For Dailymail.com
March 16, 2020
Mail Online
A team of scientists from Georgia Tech have come up with a new explanation for how ice forms on Mercury despite scorching surface temperatures that can reach 750 degrees Fahrenheit.
March 16, 2020
Tech2
The study is based on data from the Messenger spacecraft which sent back images and data from Mercury.
Margalit Fox
February 24, 2020
news.google.com
She was one of a group of black women mathematicians at NASA and its predecessor who were celebrated in the 2016 movie "Hidden Figures."
Stuart Clark
February 2, 2020
the Guardian
The solar system's innermost planet can never be seen in the night sky. But there is a chance to see it at twilight during the next two weeks
Eric Berger
January 20, 2020
Ars Technica
"Getting past the orbit of Venus must have been challenging."
December 11, 2019
The Times of India
In the last 21 years, I have been working closely with young women who have type 1 or type 2 diabetes and many of them have voiced a persistent concer
Getty Images
December 11, 2019
The Times of India
If losing weight is on your mind, you must have thought of several hacks, ways and plans to burn that fat faster and probably, ways to speed up your metabolism would top the list
TIMESOFINDIA.COM
December 9, 2019
The Times of India
Diabetes and high blood pressure are amongst the most common lifestyle diseases.
TIMESOFINDIA.COM
December 8, 2019
The Times of India
Methi dana is also packed with a host of essential nutrients including vitamin A, vitamin D, iron, and soluble and insoluble fibres.
R Krithika
December 2, 2019
The Hindu
Sometimes what you learn in school does not prepare you for the real thing, agree the four who went to Mauritius to see the planet transit
November 27, 2019
Mail Online
Stay up-to-date with the latest science and technology news from Daily Mail including scientific discoveries, pictures, new technology, and more.
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References

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