Mercury Fund Affiliates V, L.P.
Late investment period: first sale Feb 2022, per Form D (fund age approximates vintage)
- Vintage
- 2022
- Fund size
- $127.87M to $150M (Form D)
- Stages
- Pre-seed, Seed
- Sectors
- Fintech, Ecommerce, Logistics, Healthtech, Energy, Construction and proptech, Manufacturing, Aerospace and defense
- Regions
- US
01 · Thesis
Mercury Fund backs founders reimagining core industries outside Silicon Valley, including financial services, retail, supply chain, healthcare, energy, and defense. It invests in vertical AI platforms and blockchain infrastructure such as stablecoin, custody, and tokenization companies, typically at seed and pre-seed stages.Inferred from the firm's website
02 · Initial check
$852K to $1.88M (estimated from fund size)
Estimated from Form D: $127.87M sold of a $150M target
03 · Who to approach
Named on this fund's Form D
- Adrian Fortino, Managing Member of the General Partner of the General Partner
- Aziz Gilani, Managing Member of the General Partner of the General Partner
- M. Garrou, Managing Member of the General Partner of the General Partner
04 · Deals
No deals attributed to this fund yet.
05 · Evidence
Firm-wideMercury believes the next wave of AI innovation will move from foundational models to vertically-focused platforms. The firm backs founders reimagining core industries outside Silicon Valley.
Mercury believes the next wave of AI innovation will move from foundational models to vertically-focused platforms.
https://www.mercuryfund.com/about
06 · Sources
Last verified: Oct 28, 2026