Immad Akhund
Description
Immad Akhund is a highly active and influential angel investor based in San Francisco, widely recognized as the CEO and Founder of Mercury, a prominent banking platform tailored for startups. His investment approach is deeply informed by his entrepreneurial journey and expertise in building scalable financial infrastructure, leading him to focus predominantly on early-stage companies that contribute to or leverage the broader startup ecosystem.
Akhund primarily targets pre-seed and seed-stage startups, demonstrating a strong preference for B2B SaaS, fintech, developer tools, and other infrastructure plays designed to serve the founder community. He seeks out exceptional founding teams, clear indicators of product-market fit potential, and business models with significant scalability. His impressive portfolio includes investments in well-known companies such as Ramp, Deel, Vanta, and Retool, underscoring his ability to identify disruptive technologies and promising ventures early on.
As a prolific angel, Akhund has made more than 120 investments, showcasing his consistent commitment to nurturing the next generation of innovators. His typical first check size for these early-stage ventures ranges from approximately $50,000 to $250,000. While this represents his standard range, he has been known to deploy larger sums for highly strategic opportunities or when taking a lead investor role. This substantial volume of activity firmly establishes him as a significant capital provider in the early-stage startup landscape.
Beyond financial capital, Akhund offers founders invaluable strategic guidance, drawing from his extensive experience in scaling Mercury. His insights are particularly beneficial in areas such as product development, go-to-market strategies, and operational scaling. A notable aspect of his investment strategy is the synergistic relationship often formed, as many of his portfolio companies become Mercury customers, further solidifying his network and influence within the tech startup world. He is particularly interested in companies that build tools and services simplifying or enhancing operational aspects for startups, directly reflecting Mercury's core mission.
Investor Profile
Immad Akhund has backed more than 74 startups, with 3 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 6 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, Canada, Pakistan.
- Strong thematic focus on Software, Financial Services, FinTech.
- Typical check size: $50K – $250K.
Stage Focus
- Seed (72%)
- Pre Seed (12%)
- Series A (11%)
- Series B (4%)
- Series C (1%)
Country Focus
- United States (78%)
- Canada (5%)
- Pakistan (4%)
- Nigeria (3%)
- India (3%)
- Brazil (1%)
- Spain (1%)
- Mexico (1%)
- Germany (1%)
- Singapore (1%)
Industry Focus
- Software
- Financial Services
- Fintech
- Artificial Intelligence (Ai)
- Information Technology
- Payments
- Saas
- Enterprise Software
- Developer Tools
- Banking
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.