Mercury vs Plaid
Side-by-side equity comparison for employees weighing offers at Mercury or Plaid. Valuations, funding history, headcount growth, and secondary-market context.
| Mercury | Plaid | |
|---|---|---|
| Latest valuation | $4B | $8B |
| Latest round | Series C | Series D |
| Round date | June 2024 | May 2023 |
| Total raised | $213M | $734M |
| Founded | 2017 | 2013 |
| Headquarters | San Francisco, CA | San Francisco, CA |
| Employees | 2,814 | 1,367 |
| Employee YoY growth | -2% | +21% |
| Primary industry | Fintech | Fintech |
| Secondary-market price | $12.24 | $121.94 |
| Base-case equity multiple | 1x | 1x |
| Upside equity multiple | 1x | 1x |
| Lead investors | Sequoia Capital, Andreessen Horowitz | NEA, Spark Capital |
| Status | private | private |
Overview
Mercury is a financial technology company that provides banking services tailored for startups, including checking and savings accounts, treasury management, and corporate cards.
Plaid builds the infrastructure that connects fintech applications to users' bank accounts, enabling data sharing between financial institutions and apps.
Why we compare these
Mercury and Plaid both appear on Fintech decacorns .
If you're evaluating offers at either one, the equity math depends on more than the headline valuation — dilution, strike price, time to liquidity, and concentration risk all matter. Use our equity compensation calculator and exit calculator to model your own numbers.