Mercor Raises $750 Million Series D at $20 Billion Valuation
Mercor raised $750 million in Series D funding at a $20 billion valuation, with participation from Benchmark, Felicis, NVIDIA, Salesforce and other investors. The round included an employee tender.
- Raised
- $750 million
- Round
- Series D
- Investors
- 13
- Investors
- BenchmarkFelicisFundomofunds managed by affiliates of ApolloG SquaredGeneral CatalystGlade Brook CapitalNVIDIASalesforceSapphire VenturesStepStone GroupXTX VenturesZoom
- Target market
- Frontier AI laboratories and enterprises
- Use of funds
- Accelerating investment in infrastructure and research for evaluations and post-training and building more environments where agents can learn complex workflows
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Quick Answers
What is the latest news about Mercor?
Mercor raised $750 million in Series D funding at a $20 billion valuation, with participation from Benchmark, Felicis, NVIDIA, Salesforce and other investors. The round included an employee tender.
What does Mercor do?
Mercor is an AI data company based in San Francisco, California. It uses human expertise to help organizations train and evaluate AI models, serving frontier AI laboratories and enterprises.
How much did Mercor raise?
Mercor raised $750 million in its Series D.
Who invested in Mercor?
Investors named in this Series D include Benchmark, Felicis, Fundomo, funds managed by affiliates of Apollo, G Squared, General Catalyst, Glade Brook Capital and NVIDIA and 5 others.
How will Mercor use the funding?
Mercor plans to use the money for accelerating investment in infrastructure and research for evaluations and post-training and building more environments where agents can learn complex workflows.
Where is Mercor based?
Mercor is based in USA.
Who are the key people at Mercor?
Key people named in this report: Brendan Foody (CEO) and Adarsh Hiremath (Co-CEO).