Mercor raises $750M at $20B valuation as expert payouts hit $5M a day
ccerrato147 · x · 2026-11-11
AI training-data company Mercor closed a $750M Series D at a $20B valuation, backed by Nvidia, Benchmark, General Catalyst, funds affiliated with Apollo and Salesforce, and others.
Key numbers:
- 5X+ growth on a mid-nine-figure revenue base since last September
- 5M+ experts in its network
- Daily expert payouts exceed $5M, up from $1M per year two years ago
CEO Brendan Foody argues a company's procedures and know-how are competitive advantages that enterprises won't want leakage into a vendor's general model — so his next bet is that every Fortune 500 company builds models around its own expertise and keeps control of that knowledge. His advice: define which tasks AI can actually pass before paying to train on them.
Related event: Mercor Raises $750M at $20B Valuation for AI Training Data(2 posts)→
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