Mercor raises $750M Series D at $20B valuation to expand AI agent evaluation
Overview
Mercor, an AI training data company, has raised $750 million in Series D funding at a $20 billion valuation, according to the company.
Mercor says it will use the money to bring expert-driven evaluation to enterprises, building custom benchmarks for each customer, and to fund research and more enterprise environments. Nvidia, Salesforce and Zoom joined returning investors Benchmark, Felicis and General Catalyst in the round.
Mercor also reports 5 million experts and a $3 billion annualized run rate, up from $1 billion in February and $2 billion in June, according to a later report citing the company's founder. The company says it spends three times as much on inference as on employee salaries. Mercor has not said how much of the round goes to an employee tender offer.
Written by AI from the articles below · updated Nov 11, 5:18 AM ET
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The articles in this story. Times are ET.
- Latent SpaceBlogMercor raises $750M Series D at $20B valuation, reports $3B run rate
AIMercor raised a $750 million Series D at a $20 billion valuation, according to the source. The company reports 5 million experts and says it has reached a $3 billion annualized run rate, up from $1 billion in February and $2 billion in June. It also says it spends 3x as much on inference as on employee salaries.
- SiliconANGLE · AINewsMercor raises $750M at $20B valuation to expand AI agent evaluation to enterprises
AIMercor, an AI training data company, has raised $750 million in Series D funding at a $20 billion valuation. The company plans to use the money to bring its expert-driven evaluation to enterprises, building custom benchmarks for each customer, and to fund research and more enterprise environments. Nvidia, Salesforce and Zoom joined returning investors Benchmark, Felicis and General Catalyst, and the company has not said how much of the round goes to an employee tender offer.
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