Immad Akhund is the co-founder and CEO of Mercury, a San Francisco-based digital banking platform for startups. See portfolio and contact routes.
Immad Akhund is the co-founder and CEO of Mercury, a San Francisco-based digital banking platform for startups, and previously sold his mobile developer tools company Heyzap for $45 million in 2016 after serving as a part-time partner at Y Combinator[1][3]. As an angel investor, he formalized his activity by launching the IA Fund to back early-stage startups, focusing on pre-seed and seed stages across fintech, healthcare/medtech, and SaaS sectors while generally avoiding biotech and hard tech[2][7]. His typical check size ranges from $50,000 to $100,000, and he has invested personal capital in over 350 startups, primarily at their earliest stages[2][7]. Notable portfolio companies include Airtable, Substack, Rappi, and Deel, with recent investments extending to companies like Enki in educational software[2][3][6]. Akhund emphasizes deep vertical knowledge and strong founder-product chemistry as his key criteria, stating that founders must answer any question thoughtfully and engage in meaningful conversations about their topic[15]. He has publicly discussed Mercury’s growth to a $3.5 billion valuation and his strategy of backing operators with deep domain expertise through his $26
Every field above is read from the StartupFundraising investor directory — disclosed location, recorded investments and stated focus — and re-checked as filings arrive. Founders pair it with investors in San Francisco when building a target list.
Investors like Immad Akhund · Full investor directory · Investor access · Company funding database