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Mercury’s CEO formalizes bets on early-stage founders with a $26M fund

May 12, 2025 | by AI

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Mercury CEO Goes ALL IN: Launches $26M WAR CHEST to Back Future Unicorns

The Angel Investor Who Won’t Stop Winning

Immad Akhund just dropped a BOMBSHELL announcement – the Mercury co-founder is doubling down on his legendary angel investing streak with a $26 million FUND to hunt for the next generation of startup superstars.

“I eat, sleep and breathe founder success. This fund isn’t just money – it’s rocket fuel for the most ambitious builders changing our world.”

Immad Akhund, Mercury CEO

From Side Hustle to Full Force

This isn’t some rookie play – Akhund’s been stacking wins since 2016 with:

  • 350+ startups in his portfolio (including heavyweights like Airtable and Substack)
  • Battle-tested instincts from his Y Combinator days
  • A $3.5B fintech empire (Mercury’s latest valuation)

How This Fund Changes the Game

This isn’t your typical VC playbook. Akhund’s bringing:

  • Founder-first DNA – He’s lived the startup grind himself
  • Yash Doshi – His secret weapon partner with Mercury roots
  • Billion-dollar vision – Only targeting $10B+ market opportunities

The Mercury Effect in Action

While running a fintech juggernaut that just raised $300M, Akhund proves elite operators can:

  • Build category-defining companies
  • Spot future unicorns EARLY
  • Multiply impact through strategic capital

Who Makes the Cut?

Akhund’s hunting for founders who:

  • Ship products that MOVE NEEDLES
  • Think in decades, not quarters
  • Are building the future TODAY

“This is about more than checks – it’s about creating a LEGACY of innovation.”

Industry Insider

The Bottom Line

When a founder-turned-investor with Akhund’s track record goes all in, the entire startup ecosystem wins. This fund represents:

  • A new benchmark for operator-led investing
  • Rocket fuel for mission-driven founders
  • Proof that building and investing excellence aren’t mutually exclusive

Image Credit: RDNE Stock project on Pexels

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