Mercato - About the company
Mercato is a series A company based in Brooklyn (United States), founded in 2015 by Dave Bateman and Bobby Brannigan. It operates as an Online grocery delivery connecting customers with local, independent grocers. Mercato has raised $40.8M in funding from investors like Greycroft, Loeb.nyc and Velvet Sea Ventures. The company has 447 active competitors, including 35 funded and 18 that have exited. Its top competitors include companies like DoorDash, Gopuff and Shipt.
Company Details
Online grocery delivery connecting customers with local, independent grocers. It is a platform that partners with local and culturally diverse grocers to make healthy, nutritious, and culturally relevant foods more accessible to communities. It provides independent merchants with online shopping and local delivery, bringing more business to the shops. It offers a wide selection of products, including seasonal produce, hand-cut meats, seafood, international specialties, pantry staples, bakery items, specialty beverages, artisanal cheeses, spices, seasonings, and catered meals. Customers can shop from multiple stores in the same order and schedule delivery or in-store pickup. It aims to provide access to healthy, nutritious foods sourced by local grocers, with a focus on choice and dignity. It supports local businesses and empowers communities. The platform offers features like account creation, express checkout, reordering, referral program, and personalized shopping. It is a B2C platform with a social impact.
- Website
- www.mercato.com/
Key Metrics
Founded Year
2015
Location
Brooklyn, United States
Stage
Series A
Total Funding
$40.8M in 7 rounds
Latest Funding Round
Ranked
7th among 447 active competitors
Employee Count
207 as on Mar 31, 2026
Investment & Acquisitions
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Mercato's funding and investors
Mercato has raised a total funding of $40.8M over 7 rounds. Its first funding round was on Sep 22, 2015. Its latest funding round was a Series A round on Mar 25, 2021 for $*****. 4 investors participated in its latest round. Mercato has 14 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Mercato:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 25, 2021 | 1581756 | Series A | 3211113 | 8578124 | 9127448 | 4389806 |
May 29, 2020 | 9236832 | Series A | 7912352 | 6879171 | 2465240 | 7421504 |
Aug 08, 2019 | 1457702 | Series A | 5153588 | 2400584 |
View details of Mercato's funding rounds and investors
Mercato's founders and board of directors
Founder? Claim ProfileThe founders of Mercato are Dave Bateman and Bobby Brannigan. Bobby Brannigan is the CEO of Mercato.
Here are the details of Mercato's key team members:
- Dave Bateman: Co-Founder & Chief Software Architect of Mercato. Contact Info: 1 email address
- Bobby Brannigan: Founder & CEO of Mercato.
View details of Mercato's Founder profiles and Board Members
Mercato's employee count trend
Mercato has 207 employees as of Mar 26. Here is Mercato's employee count trend over the years:
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Mercato's Competitors and alternates
Top competitors of Mercato include DoorDash, Gopuff and Shipt. Here is the list of Top 10 competitors of Mercato, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DoorDash 2013, San Francisco (United States), Public | Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers | $2.5B | 89/100 | |
2nd | Gopuff 2013, Philadelphia (United States), Series D | Online platform offering on-demand delivery services for food and groceries | $5.14B | 79/100 | |
3rd | Shipt 2014, Birmingham (United States), Acquired | Provider of on-demand grocery delivery | $60.1M | 78/100 | |
4th | SayWeee 2015, San Francisco (United States), Series E | Online retailer of Asian groceries, food, and household products | $864M | 77/100 | |
5th | Fresh Direct 2002, New York City (United States), Acquired | Online platform offering multi-category grocery products | $325M | 75/100 | |
6th | App based platform offering multi-category grocery products | $2.54B | 74/100 | ||
7th | Mercato 2015, Brooklyn (United States), Series A | Online grocery delivery connecting customers with local, independent grocers | $40.8M | 74/100 | |
8th | Foxtrot 2013, Chicago (United States), Series C | Online retailer offering multi-category grocery products | $169M | 69/100 | |
9th | UberEATS 2014, Denver (United States), Funding Raised | App-based platform offering food and grocery delivery services | - | 69/100 | |
10th | Online platform offering multi-category grocery products | $1.33B | 68/100 |
Looking for more details on Mercato's competitors? Click here to see the top ones
Mercato's Investments and acquisitions
Mercato has made 2 investments in Atomic.Finance and Aumni. Mercato has not made any acquisitions as of now.Reports related to Mercato
Here is the latest report on Mercato's sector:
News related to Mercato
Media has covered Mercato for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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PowerUP secures €10M for hydrogen power units expansionEU-Startups•Nov 25, 2025•ScaleWolf, SmartCap, PowerUp Energy Technologies, Mercato and 1 other
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Grubhub Brings Grocery to its Marketplace with Mercato PartnershipPerishableNews.com•May 20, 2024•Grubhub, Mercato
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Paytient officially closes $7.5M in venture debt from Silicon Valley Bank to help Americans access and afford healthcareBusiness News This Week•Jul 14, 2023•SVB, First Citizens Bank, Paytient, Mercato and 10 others
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Total Processing bolsters team with three key appointmentsFinextra•Oct 07, 2021•Total Processing, Expedia, Rio Bamba Inc, Mercato and 2 others
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National Co+op Grocers Partners with Mercato to Provide Online Ordering and Delivery to Member Co-opsPerishableNews.com•Jul 13, 2021•Mercato, National Co+op Grocers, Mercarto
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