Mercato Partners

Venture capital firm
Salt Lake City, Utah, USAwww.mercatopartners.com

Mercato Partners is a Salt Lake City, Utah-based venture capital firm. Value Add VC tracks 1 company Mercato Partners has invested in and 1 venture round it took part in (1 as lead).

Mercato Partners key facts (as of )

FactValueSource
HeadquartersSalt Lake City, Utah, USASEC Form ADV (IAPD), September 16, 2026
TypeVenture capital firmValue Add VC classification
Funds tracked1Funds table on this page (each fund cites its source)
Venture rounds tracked1 (led 1, joined 0)
1 in the last 12 months
Recent deals table on this page (each round cites its source)
Portfolio companies tracked1Portfolio list on this page

Recent deals we track

1

Track record: led 1 and participated in 0 of 1 tracked venture round · 1 in the last 12 months · led 1 Series B

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 23, 2026FormicSeries BLed$50M—
Mercato PartnersLeadunverifiedCiti VenturesunverifiedLight Ray VenturesLightscape Partners
Pulse story

Is something wrong on this page?

We track Mercato Partners but have little verified detail yet.

Strategy

Geographies
Salt Lake City, Utah, USA

Funds

1
FundVintageSizeStrategySource
Mercato Partners Fund II2012$115MFlagship
As of 2012Value Add VC funds tracker

Portfolio

1 total

Co-Investors

1

Latest Pulse

  1. Formic Raises $50M To Push Robots Into General ManufacturingFormic raised $50 million in growth capital led by Mercato Partners to expand its robot-as-a-service model beyond task-specific industrial automation and into general-purpose robotics.→

Mercato Partners FAQ

What stage does Mercato Partners invest at?

In the rounds Value Add VC tracks, Mercato Partners' deals were most often Series B (1); it led 1 Series B.

What companies has Mercato Partners backed?

Companies Value Add VC tracks as Mercato Partners investments include Formic.

Where is Mercato Partners based?

Mercato Partners is headquartered in Salt Lake City, Utah, USA, according to SEC Form ADV (IAPD).

Who does Mercato Partners co-invest with most?

In the rounds Value Add tracks, Mercato Partners most often invests alongside Citi Ventures (1 shared deal).

Sources & methodologyshow
Where these figures come from
  • Pulse 2.0Value Add VC data1 fact
  • Value Add VC funds trackerValue Add VC data1 fact

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data ·