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Mercato Partners portfolio

Mercato Partners has 1 portfolio company on record at Recent Funding. It is a growth equity firm based in Cottonwood Heights, US, founded in 2007. It led 1 of the 2 rounds it joined. Its most recent investment on record is Lambda's $320M Series B+ round in February 2024, alongside Veligera Capital, US Innovative Technology Fund, T. Rowe Price and 6 others. That company is in AI infrastructure and compute. It has co-invested with Gradient Ventures, Crescent Cove Advisors and T. Rowe Price, most often Gradient Ventures (2 rounds).

About Mercato Partners

Fund returns

Net returns as reported by the public-pension and foundation LPs invested in each fund.

Firm profile and fund returns: Fundraising Fox Open Dataset v2026-09, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Funds raised

Fund	Fund #	Size	Announced
MMercato Partners Salt Lake City	II	$115Mvia Shai Goldman's fund list	Jul 2012

Venture funds Mercato Partners raised, from the list of new VC funds compiled by Shai Goldman (Brex). Each size links to the article that states it, or to that list where no article was found. All new funds: new VC funds.

What Mercato Partners invests in

• AI infrastructure and compute · 1 · 100%
• Fintech · 1 · 100%
• Health and bio · 1 · 100%

How Mercato Partners invests

Share is of the 2 rounds on Recent Funding that name Mercato Partners. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Mercato Partners portfolio companies

• LLambda$320MSeries B+ · Feb 2024

Company	Round with Mercato Partners	Total raised	Latest raise
LLambda AI infrastructure and compute	Feb 15, 2024 Series B+ · $320M	$859M	Nov 18, 2025 Series B+

Most frequent co-investors

• GGradient Ventures2 shared rounds · last Feb 15, 2024
• CCrescent Cove Advisors2 shared rounds · last Feb 15, 2024
• TT. Rowe Price1 shared round · last Feb 15, 2024
• UUS Innovative Technology Fund1 shared round · last Feb 15, 2024
• SSK Telecom1 shared round · last Feb 15, 2024
• IIronwood Ventures1 shared round · last Feb 15, 2024
• SSahin Boydas1 shared round · last Feb 15, 2024
• VVeligera Capital1 shared round · last Feb 15, 2024
• MMillennia Capital1 shared round · last Feb 15, 2024
• GGeorges Harik1 shared round · last Mar 21, 2023
• BBloomberg Beta1 shared round · last Mar 21, 2023
• GGreg Brockman1 shared round · last Mar 21, 2023

Similar investors

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• LLansdowne Partners1 company
• VVanedge Capital1 company
• AArena Private Wealth2 companies · 3 deals in 12 mo
• UUnless2 companies · 3 deals in 12 mo
• AApollo Global Management2 companies · 2 deals in 12 mo

Investors whose portfolios on Recent Funding center on the same category (AI infrastructure and compute).

Portfolio companies are the companies on Recent Funding with a round that lists Mercato Partners, which is a subset of its real portfolio. API: /api/v1/investors/mercato-partners (get a free API key). More: the most active VC firms and new venture capital funds.