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Mercato

eCommerce & Marketplaces · San Diego, United States · Founded 2015

A platform to order grocery delivery online from local specialty food shops MoreLess

Mercato is an online marketplace that connects local merchants with consumers seeking fresh, artisanal groceries and specialty foods. The platform serves individual consumers and businesses looking for high-quality, locally-sourced products. Operating primarily in urban markets, Mercato offers a wide range of items including party platters, deli trays, specialty beverages, spices, seafood, artisanal cheeses, and hand-cut meats. The business model is based on a commission structure, where Mercato earns a percentage of each transaction made through its platform. This model allows local merchants to reach a broader audience while providing consumers with convenient access to premium, locally-sourced products. Mercato's revenue is generated through these commissions as well as potential subscription fees for premium services. The company emphasizes community support and exceptional customer service, ensuring satisfaction with every order.

Keywords: online marketplace, local merchants, artisanal groceries, specialty foods, urban markets, commission-based, premium products, community support, customer service, fresh produce.

Valuation $100–500M
Revenue $10–50M
Headcount 100–500
Total funding $10–50M
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Company overview

Mercato company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2015
Headquarters
San Diego, United States
Employees
219
Open positions
5
Dealroom signal
88.4
client focusb2bclient focusb2csub industryFood Logistics & DeliverysectorGroceriesbusiness modelMarketplace & ecommercesectorDeliverysectorSearch EnginesectorCommunityindustryFood

Valuation & funding

Mercato funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Apr 2021 $26M $104M Team Global · Greycroft Partners · Loeb.nyc · Velvet Sea Ventures
SEEDEquity / VC Nov 2019 $1.1M $4.4M Undisclosed
SEEDEquity / VC Jul 2019 $4M $16M Loeb.nyc · Greycroft Partners
SEEDEquity / VC Sep 2018 $1M $4M Loeb.nyc
SEEDEquity / VC Jun 2018 $1.2M $4.8M Michael Loeb
SEEDEquity / VC Mar 2017 Michael Loeb
SEEDEquity / VC Sep 2015 Undisclosed
Showing 7 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $15M 0% 233
2025 $15M 0% 195
2024 $15M 0% 125
2023 $15M -28.3% 122
2022 $21M 0% 100
2021 $21M +21.8%
2020 $17M
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Mercato website traffic

Latest recorded traffic for Mercato is 230K monthly website visits, up 15% over the last three months. Mercato's team grew 12.3% over the past year.

Latest monthly visits230K 3-month web change+15% 1-year team growth+12.3%
Monthly website visits123 observations · Apr 2016–Jul 2026
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Comparisons

Mercato compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Mercato's talent

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Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

13 investors on Mercato's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 3 investors entered at this stage
Michael Loeb
Loeb.nyc
Greycroft Partners
Series A 2 investors entered at this stage
Velvet Sea Ventures
Team Global
Other known 8 additional known investors
Alan Doan
Brighter Capital
Flucas Ventures
Interlock Capital
Mango.vc
NuFund Venture Group
Realm Capital Ventures
Tech Coast Angels

Global footprint

Where Mercato has talent and traffic

Workforce by country
7 countries with
team presence
🇺🇸 United States80.8%
🇮🇹 Italy6.4%
🇪🇬 Egypt4.3%
🇭🇰 Hong Kong2.1%
🇵🇱 Poland2.1%
Top 5 of 7 shown

In the news

Latest news about Mercato

Recent press, funding announcements, and product moves mentioning Mercato — open to read from the original sources.

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Market sentiment

What the market is saying about Mercato

An AI-synthesized read of the highest-engagement posts about Mercato on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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