IA

Immad Akhund

North America, California, United States, San Francisco

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Immad Akhund frequently co-invest with?

First Round Capital
North America, California, United States, San Francisco
Co-Investments: 5
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 12
FundersClub
North America, California, United States, San Francisco
Co-Investments: 7
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 26
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 31
Quiet Capital
North America, California, United States, San Francisco
Co-Investments: 7
SV Angel
North America, California, United States, San Francisco
Co-Investments: 7
Hack VC
North America, California, United States, San Francisco
Co-Investments: 6
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 6
CSC Upshot
North America, California, United States, Palo Alto
Co-Investments: 5

Which angels does Immad Akhund often collaborate with?

DS
North America, Massachusetts, United States, Boston
Shared Deals: 4
GR
North America, California, United States, San Francisco
Shared Deals: 4
SR
North America, California, United States, Berkeley
Shared Deals: 4
JG
North America, California, United States, San Francisco
Shared Deals: 4
BF
North America, California, United States, San Francisco
Shared Deals: 5
NR
North America, California, United States, San Francisco
Shared Deals: 5
RP
North America, California, United States, San Francisco
Shared Deals: 5
KV
North America, California, United States, San Francisco
Shared Deals: 4
JB
North America, California, United States, San Francisco
Shared Deals: 5
LL
North America, New York, United States, New York
Shared Deals: 4

What are some of recent deals done by Immad Akhund?

Town

San Francisco, California, United States

Town is an financial services company that provides online tool to help the businesses to pay tax for convenient process.

Artificial Intelligence (AI)Financial ServicesPaymentsTaxi Service
SeedMar 14, 2025
Amount Raised: $18,000,000
Enki

San Francisco, California, United States

Enki builds AI products for the workforce development and up-skilling industry.

Business IntelligenceEducationEnterprise SoftwareMobileProductivity Tools
SeedJan 2, 2025
Amount Raised: $2,500,000
Campfire (YC W22)

Toronto, Ontario, Canada

Campfire is an operator of an online platform intended to help remote teams to have fun virtually in socials.

Artificial Intelligence (AI)GamingSoftwareVirtual Reality
SeedSep 12, 2024
Amount Raised: $3,950,000
RxDiet

New York, New York, United States

RxDiet works with payers to launch best-in-class Food As Medicine programs.

Health Care
SeedJul 23, 2024
Amount Raised: $3,000,000
Gumloop

Vancouver, British Columbia, Canada

Gumloop is a no-code platform to build and host AI-powered business automations.

Information Technology
SeedJul 23, 2024
Amount Raised: $3,109,663
Substrate

New York, New York, United States

The platform for compound AI

Artificial Intelligence (AI)Developer APIsDeveloper PlatformDeveloper ToolsGPUIaaSMachine LearningPaaSSaaSSoftware
SeedJun 20, 2024
Amount Raised: $8,000,000
Aerodome

New York, New York, United States

Aerodome is a developer of Drone-As-First-Responder technology that allows agencies to deploy drones for missions.

AerospaceDronesLaw EnforcementMilitaryPublic Safety
Series AMay 22, 2024
Amount Raised: $21,500,000
Amplifier Security

San Francisco, California, United States

Amplifier Security utilizes AI-powered technology to enable security teams to modernize their approach.

Network SecurityRisk ManagementSoftware
Pre SeedApr 24, 2024
Amount Raised: $3,300,000
Coris

Palo Alto, California, United States

Coris is a modern risk infrastructure for vertical Software-a-as-Service companies and payment processors.

FinTechPaymentsRisk ManagementSoftware
SeedFeb 1, 2024
Amount Raised: $3,700,000
Rain Industries

Alameda, California, United States

Every wildfire starts small. Rain contains wildfires within 10 minutes of ignition with autonomous drones.

Drone ManagementDronesPublic Safety
SeedSep 21, 2023
Amount Raised: $9,700,000