Tech Company Financing Transactions
Mercantile Funding Round
Mercantile closed a $22 million funding round on 10/12/2022. Investors included Index Ventures, BoxGroup and First Round Capital.
Transaction Overview
Company Name
Announced On
10/12/2022
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to further invest in product development, as well as build out its partnership and go-to-market teams.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
245 8th Ave 1035
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Undisclosed
Website
Email Address
Overview
Provider of credit card services intended for small and medium businesses to monetize their client's payables. The company specializes in providing credit cards and other financial services for small and medium businesses, allowing small-scale businesses to compete in a market environment that is mainly dominated by big companies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Samuel Poirier
President
Luke Finney
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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