Deal date
KANDO id: 1051464
Financial Transaction:
Series A
Mercato Inc
Currency
United States Dollar
Value in original currency
26,000,000
Value in USD
26,000,000
Note
Mercato, a San Diego-based online grocery platform for small retailers, raised $26 million in Series A funding. Velvet Sea Ventures led, and was joined by Team Hero and insiders Greycroft and Loeb.nyc. http://axios.link/9wEgLead investor
| Investor | Country | Notes | |
|---|---|---|---|
|
Velvet Sea Ventures |
Initial investment. |
Round participants
| Investor | Country | Notes | |
|---|---|---|---|
|
Greycroft Growth LP |
United States | Initial investment. |
|
Loeb.nycThe venture arm of Loeb enterprises. |
United States | Initial investment. |