Mercor

Active#47 in United States

Estimated valuation · Expert data for model training · United States

Runs an AI-driven marketplace that recruits and pays domain experts, such as doctors, lawyers and engineers, to produce training and evaluation data for AI labs.

AI›expert data for model training mercor.com

Founded2023

HQSan Francisco

Last roundSeries C · Oct 2025

Country of originUnited StatesListed in the United States ranking

Where would you invest?United StatesJurisdiction as cited by the ranking

Estimated valuation

AI · United States ranking

≈ USD 10bnUSD 8–12.5bn · Decacorn

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Series C · USD 350M · Oct 2025
Published valuation: USD 10bn · Oct 2025
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
United States · all sectors	Top 100	#47	Edition 0 · October 2026	1 Jan 2027

Rank historyOct 2026 · #47First edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
Oct 2025	Series C	USD 350M	Equity	Felicis, Benchmark, General Catalyst, Robinhood Ventures

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Mercor as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $10BUndervalued or overvalued?

Versus competitorsHow does it compare?

Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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Analyses are the opinion of their authors, not of Uback. They are checked before publication.

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What the AI reads

Read by the AI at the next edition.

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.