Joining Mercury
I’m joining Mercury.
Mercury is building a banking stack for startups. Not a bank in the traditional sense — there’s no building with a safe and people in suits. It’s a banking product: FDIC-insured accounts, APIs, a dashboard with real financial analytics, and a team that actually thinks about the experience of managing money as a founder. Mercury launched publicly in April and signed up 1,500 companies in their first month. We just closed a $20M Series A led by CRV with a16z also participating.
I’ve been interested in financial infrastructure for a while. The finance and banking system today is pretty slow, opaque, and gatekept. Mercury is attacking the problem head-on by making the banking system actually work well for the people using it. Startups shouldn’t have to deal with branch visits, fax machines, and multi-day wire transfers.
The team is small, the product has real traction, and there’s a ton to build. I’m excited.