Mercury vs Wiz
Side-by-side equity comparison for employees weighing offers at Mercury or Wiz. Valuations, funding history, headcount growth, and secondary-market context.
| Mercury | Wiz | |
|---|---|---|
| Latest valuation | $4B | $32B |
| Latest round | Series C | Series E |
| Round date | June 2024 | March 2025 |
| Total raised | $213M | $1.9B |
| Founded | 2017 | 2020 |
| Headquarters | San Francisco, CA | New York, NY |
| Employees | 2,814 | 3,263 |
| Employee YoY growth | -2% | +38% |
| Primary industry | Fintech | Cybersecurity |
| Secondary-market price | $12.24 | — |
| Base-case equity multiple | 1x | — |
| Upside equity multiple | 1x | — |
| Lead investors | Sequoia Capital, Andreessen Horowitz | Sequoia Capital, Insight Partners |
| 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.
Cloud security platform providing agentless visibility and risk assessment across multi-cloud environments, detecting vulnerabilities, misconfigurations, and threats.
Why we compare these
Mercury and Wiz both appear on Sara's List 2024 .
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.