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Mercor Raises US$750 Million Series D at US$20 Billion Valuation

AI data company Mercor raised a US$750 million Series D at a US$20 billion valuation.

11/10/2026
•Ghita Khalfaoui
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Mercor raised a US$750 million Series D at a US$20 billion valuation. The AI data company helps organizations train and evaluate AI using human expertise. Investors in the round included Benchmark, Felicis, NVIDIA, Salesforce, and Zoom.


Funding plans

The new capital will expand Mercor's evaluation and post-training business. It will help companies build AI systems on their own data and expertise. Mercor also plans to invest in research and realistic training environments.

Company context

Mercor was founded in 2023 and is headquartered in San Francisco. Its network includes more than five million experts. The company serves frontier AI labs, big tech, AI startups, and Fortune 500 companies.

How it works

Mercor builds custom benchmarks with each enterprise. These benchmarks measure AI models against a company's own systems, policies, and edge cases. It acquired Deeptune earlier this year to add training environments that recreate enterprise applications.


Mercor also operates APEX, a public benchmark series for measuring AI performance on economically valuable work. The company lists open positions on its careers page. More information is available on its website.