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 Oilfield Services

Spruce

Series B in 2022
Spruce Services, Inc. owns and operates an online platform that allows users to find and hire service professionals for housekeeping, pet care, laundry, and dry cleaning services. Its platform connects with professionals offering house cleaning services, such as whole home cleaning, tidy up, single room cleaning, move out, and add-ons, which can be customized as per the user needs; pet care services, such as pet sitting, dog walks, and drop in services; laundry and dry cleaning services, such as laundry wash and fold, and dry cleaning services; and daily chores, such as do the dishes, fold the laundry, clean the clutter, clean the floors, oven clean, water plants, dry carpet shampoo, and clean interior windows. The company was formerly known as Apartment Butler, Inc. and changed its name to Spruce Services, Inc. in June 2019. Spruce Services, Inc. was incorporated in 2015 and is based in Houston, Texas.

Spruce

Series A in 2020
Spruce Services, Inc. owns and operates an online platform that allows users to find and hire service professionals for housekeeping, pet care, laundry, and dry cleaning services. Its platform connects with professionals offering house cleaning services, such as whole home cleaning, tidy up, single room cleaning, move out, and add-ons, which can be customized as per the user needs; pet care services, such as pet sitting, dog walks, and drop in services; laundry and dry cleaning services, such as laundry wash and fold, and dry cleaning services; and daily chores, such as do the dishes, fold the laundry, clean the clutter, clean the floors, oven clean, water plants, dry carpet shampoo, and clean interior windows. The company was formerly known as Apartment Butler, Inc. and changed its name to Spruce Services, Inc. in June 2019. Spruce Services, Inc. was incorporated in 2015 and is based in Houston, Texas.

Ambyint

Series B in 2020
Ambyint Inc. is a Calgary-based company that specializes in artificial lift optimization solutions for exploration and production (E&P) companies in the oil and gas industry. Founded in 2004 and previously known as PumpWell Solutions Ltd., Ambyint offers advanced software products, including the Amplify Real-Time Controller and the Infinity Optimization Platform. These solutions leverage artificial intelligence and physics-based analytics to automate diagnostics, adjust operating parameters, and predict potential failures, thereby enhancing production and reducing operating expenses. Ambyint's technology integrates with existing supervisory control and data acquisition (SCADA) systems or can be utilized with its High Resolution Adaptive Controllers, enabling improved data acquisition and automated control of artificial lift systems. With over a decade of domain expertise, Ambyint aims to deliver significant improvements in production outcomes and operational efficiency for its clients.

Spruce

Venture Round in 2019
Spruce Services, Inc. owns and operates an online platform that allows users to find and hire service professionals for housekeeping, pet care, laundry, and dry cleaning services. Its platform connects with professionals offering house cleaning services, such as whole home cleaning, tidy up, single room cleaning, move out, and add-ons, which can be customized as per the user needs; pet care services, such as pet sitting, dog walks, and drop in services; laundry and dry cleaning services, such as laundry wash and fold, and dry cleaning services; and daily chores, such as do the dishes, fold the laundry, clean the clutter, clean the floors, oven clean, water plants, dry carpet shampoo, and clean interior windows. The company was formerly known as Apartment Butler, Inc. and changed its name to Spruce Services, Inc. in June 2019. Spruce Services, Inc. was incorporated in 2015 and is based in Houston, Texas.

Spruce

Venture Round in 2018
Spruce Services, Inc. owns and operates an online platform that allows users to find and hire service professionals for housekeeping, pet care, laundry, and dry cleaning services. Its platform connects with professionals offering house cleaning services, such as whole home cleaning, tidy up, single room cleaning, move out, and add-ons, which can be customized as per the user needs; pet care services, such as pet sitting, dog walks, and drop in services; laundry and dry cleaning services, such as laundry wash and fold, and dry cleaning services; and daily chores, such as do the dishes, fold the laundry, clean the clutter, clean the floors, oven clean, water plants, dry carpet shampoo, and clean interior windows. The company was formerly known as Apartment Butler, Inc. and changed its name to Spruce Services, Inc. in June 2019. Spruce Services, Inc. was incorporated in 2015 and is based in Houston, Texas.

Ambyint

Series A in 2017
Ambyint Inc. is a Calgary-based company that specializes in artificial lift optimization solutions for exploration and production (E&P) companies in the oil and gas industry. Founded in 2004 and previously known as PumpWell Solutions Ltd., Ambyint offers advanced software products, including the Amplify Real-Time Controller and the Infinity Optimization Platform. These solutions leverage artificial intelligence and physics-based analytics to automate diagnostics, adjust operating parameters, and predict potential failures, thereby enhancing production and reducing operating expenses. Ambyint's technology integrates with existing supervisory control and data acquisition (SCADA) systems or can be utilized with its High Resolution Adaptive Controllers, enabling improved data acquisition and automated control of artificial lift systems. With over a decade of domain expertise, Ambyint aims to deliver significant improvements in production outcomes and operational efficiency for its clients.

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.

SEE Forge

Seed Round in 2014
SEE Forge Pty Ltd. operates SEE Forge, a cloud-based platform designed to streamline operations by replacing traditional paperwork and spreadsheets. This platform integrates a mobile reporting application with a web-based command center, enabling seamless communication between field operators and executives. It allows users across various industries, including mining, oil and gas, healthcare, construction, energy, and retail, to efficiently collect, report, and manage operational information. By transforming day-to-day activities into reports, SEE Forge enhances productivity, reduces costs, and minimizes risk for organizations. Based in West Perth, Australia, SEE Forge has been recognized for its contributions to mobile technology and enterprise applications.

SEE Forge

Seed Round in 2014
SEE Forge Pty Ltd. operates SEE Forge, a cloud-based platform designed to streamline operations by replacing traditional paperwork and spreadsheets. This platform integrates a mobile reporting application with a web-based command center, enabling seamless communication between field operators and executives. It allows users across various industries, including mining, oil and gas, healthcare, construction, energy, and retail, to efficiently collect, report, and manage operational information. By transforming day-to-day activities into reports, SEE Forge enhances productivity, reduces costs, and minimizes risk for organizations. Based in West Perth, Australia, SEE Forge has been recognized for its contributions to mobile technology and enterprise applications.

Deep Imaging Technologies

Debt Financing in 2014
Deep Imaging Technologies, Inc. is a subsurface imaging company based in Tomball, Texas, that specializes in developing advanced data collection equipment and software for the oil and gas industry. Founded in 2008, the company focuses on creating surface imaging systems that utilize electromagnetic fields generated at very low frequencies to effectively visualize geological features. Its portfolio includes transmitters, receivers, and software designed for processing and imaging, enabling clients to better understand subsurface conditions.

Deep Imaging Technologies

Debt Financing in 2013
Deep Imaging Technologies, Inc. is a subsurface imaging company based in Tomball, Texas, that specializes in developing advanced data collection equipment and software for the oil and gas industry. Founded in 2008, the company focuses on creating surface imaging systems that utilize electromagnetic fields generated at very low frequencies to effectively visualize geological features. Its portfolio includes transmitters, receivers, and software designed for processing and imaging, enabling clients to better understand subsurface conditions.

Deep Imaging Technologies

Debt Financing in 2013
Deep Imaging Technologies, Inc. is a subsurface imaging company based in Tomball, Texas, that specializes in developing advanced data collection equipment and software for the oil and gas industry. Founded in 2008, the company focuses on creating surface imaging systems that utilize electromagnetic fields generated at very low frequencies to effectively visualize geological features. Its portfolio includes transmitters, receivers, and software designed for processing and imaging, enabling clients to better understand subsurface conditions.

Deep Imaging Technologies

Debt Financing in 2011
Deep Imaging Technologies, Inc. is a subsurface imaging company based in Tomball, Texas, that specializes in developing advanced data collection equipment and software for the oil and gas industry. Founded in 2008, the company focuses on creating surface imaging systems that utilize electromagnetic fields generated at very low frequencies to effectively visualize geological features. Its portfolio includes transmitters, receivers, and software designed for processing and imaging, enabling clients to better understand subsurface conditions.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.