On Jul 29, 2021, Mercury raised $120 million in a Series B funding round led by Coatue Management

Mercury raised $120 million in a Series B funding round led by Coatue Management with participation from ANDREESSEN HOROWITZ, CRV, Hunter Walk, Elizabeth Yin, Dylan Field, Sapphire Ventures, Mathilde Collins (Front), Akshay Kothari (Notion), Jack Altman (Lattice), Satya Patel (Homebrew), and others.