Mercato Partners

One in four American adults has a GI condition. 69% of U.S. counties don't have a gastroenterologist.   That gap is why we led Cylinder Health's Series B in 2023. The category runs about $135 billion a year in medical spend, and most people bounce between primary care and urgent care without ever landing on a treatment plan.   Cylinder built the plan. Delivered virtually, paid for by employers, run by a real care team.   Where it got to: more than 150,000 people treated, two million lives across nearly 100 clients, partnerships with two of the three largest PBMs, and a clinically validated ROI.   Hinge Health (NYSE: HNGE) signed an agreement to acquire Cylinder for $105 million. An integrated GI program is expected in 2027, alongside their MSK and migraine care.   We're proud of this one. The thesis was that digestive care could be delivered virtually and at scale. Cylinder did exactly that.   Congratulations to Terry Boch and the Cylinder team. https://lnkd.in/dkrrTngP

Mercato is excited to welcome Terry Boch as CEO of Cylinder Health. Digestive health is one of the largest and most under-addressed categories in healthcare, impacting 60–70 million Americans and driving a disproportionate share of employer healthcare spend. Yet it has historically lacked coordinated, effective solutions. Cylinder is changing that. By combining clinical care, behavior change, and navigation into a single model, Cylinder is improving outcomes while delivering meaningful cost savings for employers and health plans. With strong engagement and best-in-class ROI in a traditionally underutilized category, the company is emerging as a leader in GI, which is one of healthcare’s last major, unsolved spend categories. Over the past year, the business has gone through a critical evolution, strengthening its operating discipline, sharpening its go-to-market approach, and positioning itself for scalable growth and a clear path to profitability. Terry is, at her core, a revenue leader and someone who has spent her career building and scaling commercial engines in healthcare. But what makes her uniquely suited for this role is the combination of that operating rigor with deep personal conviction. Having navigated her daughter’s journey with Crohn’s disease, Terry understands firsthand the gaps in today’s system and what it means when care finally works. That experience doesn’t just inform leadership; it anchors it. We’re proud to partner with Terry and the Cylinder team and look forward to what's next! #MercatoPartners #DigitalHealth #HealthcareInnovation #Leadership

We’re #hiring a new Investment Associate in Salt Lake City, Utah. Apply today or share this post with your network.

We’re #hiring a new AI Investment Analyst in Salt Lake City, Utah. Apply today or share this post with your network.

Mercato's Josh Christensen and Erika Morgan are excited to be part of one of the most dynamic gatherings of founders, investors, and operators shaping the future of tech. Upfront Summit always brings together an incredible community for thoughtful conversations, bold ideas, and meaningful connections — and this year looks to be no exception. We’re looking forward to reconnecting with familiar faces, diving into conversations about what’s ahead in the market, and, most of all, meeting new people who are building and investing in the next wave of innovation. If you’re attending, we’d love to connect. Drop a comment below or send us a message to set up time to meet! See you in LA! 🌴

Lendio is looking for a #CRO — and the timing couldn’t be more critical and interesting. The company in a phase where integrated revenue leadership = scale unlock. Roles like this drive alignment between pipeline, product adoption, partnerships, and customer experience. Given the opportunity to scale both core and emerging lines toward $250M+ where the next CRO will play a central role, this isn’t just hiring, it’s building a future for the company with Brock and Trent and team. Know an elite revenue leader hungry for impact? Tag them, tell them, introduce them ... and let’s make sure we get a chance to meet them and share more about Lendio. Bonus points if the CRO can cheer for Brigham Young University, do 360s in a wake, add a new culinary recipe, and feel a passion for supporting SMBs and Main Street America. #jobsofsiliconslopes

Property taxes are a universal burden, yet the system remains one of the most archaic, "manual" corners of the financial world. Most homeowners simply accept the bill because the alternative - a bureaucratic maze - is too daunting. When we first met Colton Pace and Joseph Noor, it was clear they weren’t just building a tool; they were rebuilding a broken infrastructure. They started Ownwell with a simple but powerful belief: homeowners deserve better. Property taxes support our schools, police, and infrastructure, but the process of managing them is often confusing, frustrating, and seemingly stacked against the very people the taxes are designed to serve. Instead of accepting that as “just the way it is,” the team at Ownwell decided to fix it.   By marrying sophisticated AI with a deep domain expertise, they’ve transformed a frustrating annual hurdle into a seamless, transparent digital experience that delivers real savings — and real peace of mind.   What makes Ownwell special isn’t just the technology. It’s the mission. It’s a group of builders who looked at an everyday burden millions of homeowners face and decided to do something about it.   Watching them build with integrity, urgency, and heart has been inspiring — and we’re grateful to be alongside them as they set a new standard for what’s possible. You can find the Crunchbase report on Ownwell Series B here: https://lnkd.in/gvNnRcMM Intuit Ventures Inc Left Lane Capital Alpha Edison First Round Capital Wonder Ventures Founder Collective Long Journey

Congrats Andrew Gostine, MD, MBA and Brian Whorley!

🛫 🏖️ 🏙️ The team is coast to coast this week. Josh Christensen, Casey Nixon, and Tannaz Mohammadi are in LA for #LATechWeek, where we're co-hosting "AI-Native Product Development" with SVB this afternoon. Ryan Sanders is heading to Atlanta for #VentureAtlanta. Finally, Tannaz is closing out the week at HPE NYC, hosted by McDermott Will & Schulte. Always great to connect across ecosystems. Join the waitlist here for our #LATechWeek event: https://lnkd.in/dZWBFStq

We’re teaming up with @SVB at #LATechWeek to host a conversation on AI-native product development — featuring some of the brightest minds shaping the future of AI.   Join us in LA on Monday, October 13 (3–5pm PT) in Santa Monica. We'll have a top notch panel, networking, and plenty of drinks and apps — don’t miss it!   Sign up here: https://lnkd.in/dZWBFStq