Mercato Partners is a growth-stage venture capital and growth equity firm founded in 2007 and headquartered in Cottonwood Heights, Utah. The firm invests in high-growth technology and consumer companies, with a focus on underserved and underfunded geographies.
Average disclosed round size is $122.5M (across 43 rounds with reported amounts).
Portfolio
32
Fund Size
$400M
Top Stage
Series B
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
44 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| LLambda, Inc. | Series C | $3B | Jan 2026 |
 Dig Energy | Seed | $5M | Sep 2025 |
 Wellth | Series C | $36M | Mar 2025 |
| AAtomic Financial | Growth | $79M | Jan 2025 |
| AAtomic FI | Growth | $79M | Jan 2025 |
 Lambda | Series C | $320M | Feb 2024 |
 Thea Energy | Series A | $20M | Feb 2024 |
| LLambda, Inc. | Series C | $320M | Jan 2024 |
| AAtomic Financial | Series B | $40M | Oct 2023 |
 Stance | Series D | $30M | Oct 2023 |
| Lambda | Series B | $44M | Oct 2023 |
 Cylinder | Series B | $31M | Sep 2023 |
| Cylinder | Series B | $31M | Sep 2023 |
 Paytient | Series B | $40M | Jan 2023 |
 Eion | Series A | $12M | Dec 2022 |
 Prime Trust | Unknown | $107M | Jun 2022 |
 Atomic | Series B | $40M | Mar 2022 |
 MNTN | Series D | $119M | Feb 2022 |
| Prime Trust | Series B | $100M | Jan 2022 |
| AAtomic FI | Series B | $40M | Jan 2022 |
| Prime Trust | Series A | $64M | Jul 2021 |
 Beam Dental | Series E | $80M | Mar 2021 |
| Lambda | Series A | $15M | Jan 2021 |
 GloveBox | Seed | $3M | Jan 2021 |
 Lambda | Series A | $35M | Jan 2021 |
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Top Co-Investors
Core Innovation Capital6 shared
Greylock Partners6 shared
1517 Fund5 shared
Gradient Ventures5 shared
Bloomberg Beta5 shared
Portage Ventures4 shared
T. Rowe Price4 shared
Gaingels4 shared
Founders Fund3 shared
Fidelity Investments3 shared
Silicon Valley Bank3 shared
University Growth Fund3 shared
Seven Peaks Ventures3 shared
Kraken Ventures3 shared
Service Provider Capital3 shared
Crescent Cove3 shared
B Capital3 shared
SK Telecom3 shared
Citi Ventures3 shared
Capital One Ventures3 shared
Last updated: 7 October 2026