Mercury Fund

🚨 final days to participate in the 2026 Early-Stage GTM Survey — it closes this Friday, 2/13. All participants may receive an advanced copy of the report. If you’re a B2B GTM executive in an early-stage company (<$100M ARR), share your insights here 👉 surveymonkey.com/r/Mercury26

“Do more with less!” Every GTM executive has heard it — and in the 2025 GTM Report, ~20% of respondents said they’ve used AI solutions as a direct substitute for full-time employees. Now, we’re eager to see what the 2026 data shows. If you’re a B2B GTM executive in an early-stage company (<$100M ARR), help us uncover important GTM trends like these. Take the 2026 Early-Stage GTM survey 👉 surveymonkey.com/r/Mercury26

@BitGo went public today as the first IPO of 2026, with shares trading on the NYSE under BTGO! Since 2013, BitGo has built regulated, institutional-grade digital asset infrastructure across custody, wallets, staking, trading, financing, and settlement. The debut underscores the continued institutionalization of crypto. BitGo acquired Mercury portfolio company Brassica in 2024, expanding its escrow and custodial capabilities. Congrats to @mikebelshe , CEO & Co-Founder, and the entire BitGo team on this milestone. @sjolewis

The 2026 Early-Stage GTM Survey is officially live! If you’re a B2B GTM executive in an early-stage company (<$100M ARR), we want to hear from you. Share your insights to help uncover the latest GTM trends 👉 surveymonkey.com/r/Mercury26

Which crypto companies are lining up for IPOs in 2026? In a new DL News article, @sjolewis notes that the companies moving toward public markets share two priorities: They will be built on: ✔️ Strong risk and compliance foundations ✔️ Infrastructure that connects traditional finance and on-chain markets 🔗 Find out @dlnews’ six most anticipated crypto IPOs (including Mercury portco @BitGo!) 👉 dlnews.com/articles/marke…

SaaS fundraising has changed. In a new @cartainc article, @bgarrou explains why the rules founders followed for the past 15 years no longer apply as AI reshapes how software companies are built and taken to market. The shift is showing up in the numbers. Median SaaS seed valuations hit $19.8M in Q3 2025, with Series A medians at $60M, both new highs. Read the full article here: carta.com/data/saas-indu…

@starlab_space just hit a major milestone: its new commercial space station mockup is now ready for astronauts to explore. This is a meaningful step forward for the Mercury Fund portco as Marshall Smith and team work to create a commercial successor to the government-run International Space Station, which is set to retire in 2030. @HoustonChron Read more here: houstonchronicle.com/news/houston-t…

@VenusAerospace continues to push the frontier: @PopSci recognized the Rotating Detonation Rocket Engine (RDRE) as one of the 50 greatest innovations of 2025. The RDRE is a new type of rocket propulsion that burns fuel more efficiently than traditional rocket engines, opening the door to faster, lighter, and potentially more affordable high-speed travel. Congratulations to the entire Venus team. popsci.com/gear/best-of-w…

Founders, if you’re building your 2026 strategy, download this today 👉 highalpha.com/saas-benchmarks @highalpha

THIS THU, 12/4: Don’t miss @adrian_fortino at the Midwest House Summit panel on Venture Frontiers. Joining Adrian on the panel: Leif Danielsen (Acequia Capital), Travis Linderman (WAVE Ventures), and Alisyn Malek (Middle Third). Follow this link for more details: midwesthousesummit.com

@TexasVC weighs in on the wave of consolidation in venture secondaries specialists, as firms like Goldman Sachs, Morgan Stanley, and Charles Schwab acquire Industry Ventures, EquityZen, and Forge Global. Read the full article in Pitchbook⇒ pitchbook.com/news/articles/… @michael_bodley

Have you read the 2025 SaaS Benchmarks Report yet? Download it here highalpha.com/saas-benchmarks for insights on where founders will have the greatest edge next year and more.

📊 The 2025 SaaS Benchmarks Report is live and ready to download — a MUST-READ for founders & SaaS leaders! Now in its 9th year, it features the largest dataset ever. Key takeaways 👇 ✔️ AI is no longer a differentiator—it’s the baseline. The real edge? Execution. ✔️ Introducing Operation AI—a shift from invention to impact. ✔️ Founder insights, team design & culture—because great SaaS is art + science. For anyone plotting their 2026 growth strategy, this data-backed report is a must. Proud to partner with @HighAlpha. Read it here 👇 highalpha.com/saas-benchmarks

@LISNR x Satsuma.ai are partnering to power omnichannel agentic commerce—opening access for the other 99% of brands and retailers, not just the few tied to foundational LLMs.  The partnership connects LISNR’s location-aware identity with Satsuma.ai’s platform that lets AI agents work directly with retailer systems. 👉 Discover how it works: finance.yahoo.com/news/lisnr-sat…

Great founders know the difference between market signals and noise. Remington Tonar (@Cartdotcom), Josh Teekell (@SmartACHome), and moderator Heath Butler discuss how to capitalize on trends without losing profitability on the Go Slow to Grow Fast podcast, recorded at @TheIonHouston. Sponsored by @GundersonLaw 🎧 Listen: mercuryfund.com/content/capita… #Startups #VentureCapital #Podcast #GoSlowToGrowFast #TheIon