Mercury Fund Closes Fifth Fund at $160 Million, Targets Early-Stage SaaS and Data Platform Startups

Mercury Fund, a venture capital firm that invests in SaaS and data platform startups in the central United States, has closed its fifth fund. The fund is its largest to date, with $160 million in capital commitments.

Investment Focus: Mercury Fund's investment focus is on early-stage startups that are building innovative and disruptive technologies. The investment themes are categorized in the areas of Work, Build, Journeys, Data, and Power.

Notable Investments: The firm has a proven track record of success, with investments in companies such as Stripe, Twilio, and Zoom.