What is Mercari?
Founded in 2013 and headquartered in Palo Alto, California, Mercari operates a dynamic ecommerce platform. The company has established itself as a key entity in the online marketplace, facilitating a wide range of transactions for consumers and businesses alike. Mercari's strategic approach to ecommerce management has enabled it to scale its operations and expand its reach, positioning it for sustained development in the digital commerce arena. The company's trajectory suggests a focus on innovation and user experience to maintain its competitive edge.
How much funding has Mercari raised?
Mercari has raised a total of $114.4M across 5 funding rounds:
Angel/Seed
$500K
Series A
$3M
Series B
$14.1M
Series C
$21.8M
Series D
$75M
Angel/Seed (2013): $500K with participation from East Ventures
Series A (2013): $3M, investors not publicly disclosed
Series B (2014): $14.1M supported by Globis Capital Partners, Global Brain Corporation, Itochu Technology Ventures, and GMO VenturePartners
Series C (2014): $21.8M featuring Globis Capital Partners, GMO VenturePartners, World Innovation Lab, Global Brain, and East Ventures
Series D (2016): $75M, investors not publicly disclosed
Key Investors in Mercari
Globis Capital Partners
Globis Capital Partners is dedicated to creating a positive impact on Japan's industries by collaborating with entrepreneurs and building new industrial ecosystems through creativity and transformation on a global stage. They believe entrepreneurs are key players in shaping the future and seek to amplify their talents.
Global Brain Corporation
Global Brain is an independent venture capital firm specializing in supporting startups to achieve global success through hands-on assistance and collaboration with large corporations. They actively invest in over 100 startups annually, focusing on technology, healthcare, and education.
Itochu Technology Ventures
ITV is a hybrid venture capital firm combining the strengths of an independent VC with those of the Itochu Group, aiming to create new industries and bring evolution to society through its investments. It focuses on fostering innovation and supporting startups.
What's next for Mercari?
With a significant enterprise-level funding history culminating in $114.4M, Mercari is well-positioned for its next phase of expansion. The recent major strategic investment signals a commitment to further developing its platform capabilities and potentially exploring new market opportunities. This infusion of capital is likely to fuel advancements in technology, enhance user engagement, and strengthen Mercari's competitive standing. The company's consistent access to significant financing indicates a robust business strategy and a strong market demand for its services, paving the way for continued innovation and growth.
See full Mercari company page
