Mercury raises $120M Series B

Mercury, a company which offers software and banking services for scaling startups, announced raising a $120 million at a $1.62 billion valuation in a Series B funding round led by Coatue.

The company says it will use the funding to expand its team and continue developing products that help customers scale their businesses. Mercury currently has over 150 employees in 14 cities, 35 more than at this time last year. 

Read more: finLedger