When was Mercari founded?

Mercari was founded in 2013 and raised its 1st funding round within a year of its incorporation.

Where is Mercari located?

Mercari is headquartered in Minato City, Japan. It is registered at 3101 Park Boulevard Suite 01-103, Palo Alto, CA 94306, US.

How many employees does Mercari have?

As of May 31, 2026, the latest employee count at Mercari is 1782.

Is Mercari a funded company?

Mercari is a funded company, having raised a total of $114M across 6 funding rounds to date. The company's 1st funding round was a $500K Seed round, raised on Jul 24, 2013.

When was the latest funding round of Mercari?

Mercari's latest funding was a Post IPO round on Oct 12, 2020, with participation from 0 investor.

Is Mercari a Horizontal E-Commerce company?

The primary sector of Mercari is Horizontal E-Commerce.

Where does Mercari rank among its competitors?

Mercari ranks 1st amongst 120 active competitors, of which 13 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Uniswap, which secured $165M in Oct, 2022.

Who are the top competitors of Mercari?

Mercari's top competitors include Uniswap, OfferUp and 58City. Among them, Uniswap secured the most recent funding round in October, 2022.

Mercari - 2026 Company Profile, Team, Funding, Competitors & Financials

Mercari is a public company based in Minato City (Japan), founded in 2013 by Shintaro Yamada and Hiroshi Tomishima. It operates as an Online marketplace platform for used multi-category products. Mercari has raised $114M in funding. The company has 120 active competitors, including 13 funded and 9 that have exited. Its top competitors include companies like Uniswap, OfferUp and 58City.

Sectors and market segments that Mercari operate in

Mercari serves in the Retail market segments.The primary business model of Mercari is:

Retail > Horizontal E-Commerce > ***** **** > ***** ******

Company Details

Online marketplace platform for used multi-category products. The platform allows users to buy and sell products from different categories like fashion, beauty, sports, electronics, books, pet supplies, art supplies, home decor, office supplies, and more. The mobile application is available for Android and iOS users.

Website: www.mercari.com/
Social
Email ID: *****@mercari.com
Registered Address: 3101 Park Boulevard Suite 01-103, Palo Alto, CA 94306, US

Key Metrics

Founded Year

2013

Location

Minato City, Japan

Stage

Public

Total Funding

$114M in 6 rounds

Latest Funding Round

Post IPO, Oct 12, 2020, Undisclosed

Investors

Mitsui & 11 more

Ranked

1^st among 120 active competitors

Employee Count

1,782 as on May 31, 2026

Investment & Acquisitions

ECOMMIT & 13 more

Similar Companies

Avito & 308 more

Exit Details

Public

View Mercari's full profile

Mercari is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Mercari, Inc. CIN: 20161275862 , United States, Active	Apr 22, 2016	-	-	-
MERCARI SOFTWARE TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U72900KA2022FTC162806 , India, Active	Jun 23, 2022	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
Mercari Cars ApS CIN: 41587938 , Denmark, Active	Aug 13, 2020	-	9 (As on Mar 31, 2024)

Mercari got listed on Jun 19, 2018.

Click here to take a look at Mercari's IPO in detail

Mercari has raised a total funding of $114M over 6 rounds. Its first funding round was on Jul 24, 2013. Mercari has 12 institutional investors.

Here is the list of recent funding rounds of Mercari:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 12, 2020	Undisclosed	Post IPO	-	-	-	-
Mar 02, 2016	$75M	Series D	$1B	-	-	Mitsui, Sumitomo Mitsui Trust Bank, Globis Capital Partners, World Innovation Lab, Global Brain, Development Bank of Japan
Oct 09, 2014	$21.8M	Series C	-	-	-	Globis Capital Partners, GMO Venture Partners, East Ventures, World Innovation Lab, Global Brain

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View details of Mercari's funding rounds and investors

The founders of Mercari are Shintaro Yamada and Hiroshi Tomishima.

Here are the details of Mercari's key team members:

Shintaro Yamada: Former Co-Founder of Mercari and founder of 2 other companies, Unoh and Mercari. They are also an angel investor in 4 startups.
Contact Info: 1 email address
Hiroshi Tomishima: Former Co-Founder of Mercari and founder of 1 other company. They are also an angel investor in 4 startups.

View details of Mercari's Founder profiles and Board Members

Mercari's employee count trend

Mercari has 1,782 employees as of May 26. Here is Mercari's employee count trend over the years:

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Top competitors of Mercari include Uniswap, OfferUp and 58City. Here is the list of Top 10 competitors of Mercari, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mercari 2013, Minato City (Japan), Public	Online marketplace platform for used multi-category products	$114M	Mitsui, World Innovation Lab & 10 others	85/100
2nd	Uniswap 2018, New York City (United States), Series B	Provider of a decentralized exchange platform for cryptocurrency	$176M	Andreessen Horowitz, Polychain & 50 others	79/100
3rd	OfferUp 2011, Bellevue (United States), Series F	P2P mobile listing platform for household goods	$786M	T. Rowe Price, Andreessen Horowitz & 25 others	75/100
4th	58City 2005, Beijing (China), Acquired	Online second-hand listing platform offering multi-category products and services	$141M	Access Industries, Herald Investment Management ... & 12 others	69/100
5th	Karrot 2015, Seoul (South Korea), Series D	Online retailer of used and new goods across multiple categories	$205M	DST Global, SBVA & 13 others	67/100
6th	Letgo 2015, New York City (United States), Acquired	Online listing platform for multi-category second-hand goods	$975M	Naspers, Accel & 12 others	63/100
7th	Fril 2012, Setagaya (Japan), Acquired	App based marketplace for multi-category products	$9.2M	JAFCO Group, COLOPL & 4 others	52/100
8th	Jimoty 2011, Shibuya (Japan), Series C	Online classified platform for second-hand goods	$1.5M	OPT Holding, Headline & 8 others	51/100
9th	Craigslist 1995, San Francisco (United States), Late Stage	Network providing classified advertisements and forums for various categories and needs	-	eBay	50/100
10th	5miles 2014, Dallas (United States), Series B	Online listing place for pre-owned products	$45M	SIG China, Morningside & 3 others	48/100