immad

SAFEs by Mercury — Streamline the entire SAFE fundraising process on Mercury

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SAFEs by Mercury enables startup founders to manage the end-to-end SAFE fundraising process — from document creation and signature collection to payment requests and tracking — straight from their Mercury dashboard.

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immad
Maker
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Excited to be on PH again with the next Mercury launch! Mercury’s focus on building banking for startups comes down to understanding that startups need more than the offerings of a traditional bank. SAFEs are now an integral part of securing early-stage financing, and the integration of SAFEs by Mercury into founders’ existing Mercury accounts will help founders get venture capital money right where they need it, without messy tracking spreadsheets and awkward text exchanges. This launch is about giving founders the right tools integrated into existing workflows to create an added layer of efficiency that doesn’t exist with current SAFE offerings on the market.
Rajiv Ayyangar
@immad Wow this is awesome! Fundraising is stressful and complex enough...I imagine everyone will be grateful for this! I'd say congrats but on behalf of founders...THANKS for launching this!
SAFEs by Mercury was a fun feature to design and build with @rshaked, @rywiggs, and our Growth team. We wanted to explore a way for founders to do early fundraising but in a streamlined and focused way when launched SAFEs in August. Now we're excited to share a way for anyone to explore our SAFE tool and create free SAFE documents. We love listening to and learning from our customers. If you use the free tool or our fully-featured SAFE product from your Mercury account please reach out to us. We'd love to hear about your experience.
John Sutton
We've been using Carta for Mansion (our startup), but the simplicity and UI by @jdsimcoe and the Mercury team are the best in class IMHO. They bring everything down to the jobs to be done, integrate it seamlessly into the core Mercury product, and don't complicate things with feature over load. Thanks for building this feature @immad; our counsel is looking at changing to using Mercury asap to speed up funding and keep it simple (we'll still use Carta for the cap table management parts) as we finish our SAFE fundraising over the next few months. Disclosure: I was a seed investor in Mercury through AngelList back in the day, so rooting them on as our bank at Mansion and as a very very very small investor.
@immad @_johnsutton appreciate the kind words! Hope the fundraise goes smooth in the coming months
Johan Steneros
So good to be able to do this straight from your bank and not need to go through any other platform.
Isaac de la Peña
Mercury is the best bank for entrepreneurs and startups, bar none, plus the ability to integrate SAFEs directly into your bank account goes a long way to simplifying and accelerating early stage financing. Congrats!
Matt Brezina
@isaacdlp the only think that makes me mad about Mercury is that they didn’t exist when I was building my last two startups! Founders these days have it so good. My next startup will definitely use Mercury
David Duccini
This looks like the creation, promotion and solicitation of unregistered or non-exempt securities offerings and is incredibly reckless. I'm sure the SEC will be very curious since Mercury is not a Funding Portal, nor Broker-Dealer and not an Investment Advisory. This appears to be "Legal Zoom" wrapped up with some really bad advice....
Vittori
interesting! Congrats!
Dan Tegzes
Upvoted! Congrats on the launch!
Jake B (Launched 11.20)
This is really cool! I love how it is a value add for the bank, founder, and investors. Well done!
Taylor Banks
Mercury continues to innovate in ways that demonstrate just why they're the best financial tech to empower banking and funding for entrepreneurs and startups. They're the first business banking tool I've actually LOVED since I opened my first business bank account close to 30 years ago.
Tyler Houchin
Super excited to add this to our workflow and abstract away some nuances of fundraising. Thank you team for creating this!
Arbury Labs
Love it, means the whole process can live inside Mercury
Jeff Bowes
This is awesome news!
Experfam Concepts
I like how innovative the Mercury team is. I think this is not only for their own business but they have our interests at heart. Since I opened an account with Mercury, my business has been growing positively. Mind you, before I fount mercury, my business was on the verge of collapsing. THANK YOU MERCURY TEAM
Isaac Booker
Congrats Immad & team on the launch!
Ghost Kitty
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Mario Y. Peshev
Been a Mercury user for a year and extremely thrilled I got in (especially after what happened with Silicon Valley bank and other traditional financial institutions in the process.) A rapid growth of startup rounds, funding opportunities for startups, and now extensive tooling for funding. Great job @immad and team.
rtheman
Congratulations to Mercury on the launch of their new SAFE fundraising services! Its user-friendly dashboard makes the entire process more efficient and enjoyable for startup founders. I'm sure many people will appreciate this added convenience.
Tarun Paliwal
Best of luck, Safes by Mercury Team. Congratulations on your Launch 🚀!
Sergei Verbitski
Interesting fact: yesterday we used this feature in Mercury to launch SAFE round. And today we are competitors on producthunt! It is a blast to be among such products!