Mercury

Mercury Fund is an early-stage venture capital firm based in Houston, Texas, with an additional office in Ann Arbor. Established in 2005, the firm manages over $200 million and focuses on investing in technology-related startups in the U.S. Midcontinent. Mercury targets companies within sectors such as software as a service (SaaS), cloud computing, data, and artificial intelligence. The firm supports both new entrepreneurs in need of guidance and experienced founders looking to capitalize on the resources available in Middle America. Mercury has gained recognition as a prominent venture capital partner for entrepreneurs who have achieved product-market fit and are poised for growth.

Taylor Anne Adams

Associate

Heath Butler

Managing Director

Peter Commons

Partner

Alex Gras

Associate

Nafisa Istami

Analyst

Edward Lou

Venture Partner

Adrienne Miller

Associate

Patrick Okorafor

Director of Finance

Devin Redmond

Senior Associate

Dan Watkins

Venture Partner

Past deals in Michigan

Blumira

Series A in 2021
Blumira, Inc. is a cybersecurity company that specializes in automating threat detection and response through its cloud-based platform. Founded in 2018 and headquartered in Ann Arbor, Michigan, Blumira offers a cloud SIEM solution that enables organizations of any size to defend against cybersecurity threats in near real-time. The platform simplifies security operations by addressing alert fatigue, log management complexity, and visibility issues within IT environments. It provides features such as threat intelligence feeds, automated detection, threat hunting, and evidence stacking. Blumira's solution integrates broadly with various services, including cloud, endpoint protection, firewalls, and identity providers like Office 365 and Okta. The company primarily serves sectors such as financial services, healthcare, and retail, helping them safeguard their core assets against malware, data breaches, and ransomware attacks.

Signal Advisors

Seed Round in 2020
Signal Advisors USA, Inc. is an insurance marketing organization based in Detroit, Michigan, that specializes in the distribution of financial products for independent financial advisors. Established in 2018 and formerly known as Trueadvisors, the company operates a technology-enabled platform focused on the sale of life insurance and annuity products. This platform provides a range of services designed to assist financial advisors in growing their businesses. Through a combination of industry expertise, advanced technology, marketing support, and peer-to-peer coaching, Signal Advisors empowers advisors to enhance their practices and achieve greater success in a competitive market.

Ripple Science

Venture Round in 2020
Ripple Science Corporation, founded in 2016 and based in Ann Arbor, Michigan, specializes in developing web-based software aimed at improving the recruitment and management of participants in clinical, translational, and social science studies. The company's flagship product, Ripple SaaS, integrates sales and marketing automation tools specifically for participant recruitment, allowing research investigators to engage more participants efficiently. This software supports various functions, including study dashboard management, recruitment campaign oversight, and participant tracking—both potential and enrolled. Ripple Science's solutions cater to academic investigators, clinical trial sites, and contract research organizations, and the software is currently utilized by over 75 academic and research institutions globally, enhancing communication and collaboration throughout the clinical trial process.

DeepField

Series A in 2015
DeepField provides software and hosted solutions (SaaS) for the real-time management of cloud and over-the-top services to dramatically improve performance and reduce costs in large enterprises, carriers and cloud providers.

Swift Biosciences

Series B in 2013
Swift Biosciences Inc. is a biotechnology company based in Ann Arbor, Michigan, specializing in the development and commercialization of next-generation sequencing (NGS) library preparation kits for genomics and clinical research. The company offers a comprehensive range of products, including RNA library kits, amplicon panels, hybridization capture kits, and specialized kits for cancer gene profiling and COVID-19 testing. Swift Biosciences aims to streamline NGS sample preparation processes through innovative reagents and protocols, enhancing the usability of data obtained from sequencing instruments. Its offerings cater to various applications such as whole-genome sequencing, metagenomics, and the analysis of circulating tumor cells. The company operates through a network of distributors across the Asia Pacific, Europe, the Middle East, and South America, and was incorporated in 2009.

Covaron Advanced Materials

Convertible Note in 2013
Covaron Advanced Materials is a seed-stage company based in Ann Arbor, Michigan, specializing in the development of thermosetting ceramic materials. Founded in 2010, the company focuses on creating patterns, cores, and molds for applications in metal sand casting, plastic thermoforming, and plastic injection molding. Covaron’s innovative PETRAFORGE™ technology offers high-performance physical properties akin to traditional ceramics while maintaining the fabrication ease of two-part thermoset polymers. The materials developed by Covaron are designed for various industries, including automotive, aerospace, energy, manufacturing, and coatings. Additionally, the company emphasizes the creation of environmentally sustainable products by leveraging inorganic chemistry, enabling versatile processing and formulation capabilities. Formerly known as Kymeira Advanced Materials, Covaron aims to disrupt the advanced materials market with its unique approach to thermosetting ceramics.

Kabongo

Venture Round in 2010
Kabongo provides web-delivered educational products that enable learners to reach their academic potential.

Swift Biosciences

Series A in 2010
Swift Biosciences Inc. is a biotechnology company based in Ann Arbor, Michigan, specializing in the development and commercialization of next-generation sequencing (NGS) library preparation kits for genomics and clinical research. The company offers a comprehensive range of products, including RNA library kits, amplicon panels, hybridization capture kits, and specialized kits for cancer gene profiling and COVID-19 testing. Swift Biosciences aims to streamline NGS sample preparation processes through innovative reagents and protocols, enhancing the usability of data obtained from sequencing instruments. Its offerings cater to various applications such as whole-genome sequencing, metagenomics, and the analysis of circulating tumor cells. The company operates through a network of distributors across the Asia Pacific, Europe, the Middle East, and South America, and was incorporated in 2009.

Kabongo

Series A in 2009
Kabongo provides web-delivered educational products that enable learners to reach their academic potential.
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