Alex Gras

Principal, Mercury
Alex Gras blends oil-and-gas engineering, CCO experience and hospitality ownership, focusing on practical AI that solves messy data, legacy system and trust issues in slow-moving sectors, hosting AI After Dark.
How to contact Alex Gras
Stages their fund invests in
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Sectors their fund invests in
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Avg Check
$1M–$5M; Pre-Seed $100K
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Does their fund Lead?
No
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Geos their fund invests in
Alex Gras
Stages their fund invests in
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Sectors their fund invests in
SaaS
AI
Fintech
Data
Enterprise
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Avg Check
$1M–$5M; Pre-Seed $100K
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Leads?
No
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About Alex Gras

Alex Gras brings a rare hands-on background to venture investing, having worked as an oil and gas engineer, served as Chief Commercial Officer at The Cannon, and co-owned Houston hospitality businesses like Love Croissants, Weights + Measures, and Petite Lucie, which shapes his focus on using AI to solve real problems in slow-moving industries like energy, heavy industry, real estate, sports, and hospitality. He pays particular attention to why companies struggle to actually adopt AI—due to messy data, old systems, and trust issues—and shares this perspective through his podcast, AI After Dark, which looks at how companies are really built once the hype fades.

About their Fund

Sectors
SaaS, AI, Fintech, Data, Enterprise
Rounds
Pre-Seed - Series A
Avg Check Size
$1M–$5M; Pre-Seed $100K

Mercury is a venture fund that focuses specifically on SaaS and data-platform founders in smaller tech markets outside Silicon Valley and other coastal hubs, betting that founders who understand local industries will lead the next wave of vertical AI companies. It backs this focus with structured support such as the Mercury Method, OpsHygiene, an in-house AI lab called Quicksilver Labs, and liquidity planning that starts 18-24 months before a company is ready for M&A, while also investing in overlooked real-economy sectors like energy, industrials, healthcare, construction, manufacturing, and defense.

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