13-May-2025 :

Mercury CEO Immad Akhund has officially launched a $26 million fund aimed at backing early-stage founders, formalizing years of angel investing into a structured investment strategy.
Announced via LinkedIn and X, the new fund will support passionate startup builders with strong product and founder-market fit across verticals.
Akhund has been an active investor in the ecosystem, backing startups like Ramp, Vanta, and Jeeves. The new fund is a continuation of that thesis, supporting early-stage innovation beyond Mercury’s core fintech footprint.
The fund reflects a growing trend of tech executives building investment arms to cultivate the next generation of startups while maintaining close ties to the founder community.