Mercor raises $750M Series D at $20B valuation after 27-month revenue sprint
marcbhargava · x · 2026-11-11
AI evals and training-data company Mercor announced a $750M Series D at a $20B valuation, backed by Benchmark, General Catalyst, NVIDIA, Salesforce, and Zoom. General Catalyst, which led its 2023 seed, is investing for the fifth time.
- Run-rate revenue grew from $1M to $3B in 27 months, claimed as the fastest ever to $3B
- For two years Mercor has organized human experts to build evals and training data for every frontier lab
- CEO Brendan Foody says growth accelerated over the past 6 months as enterprises begin evaluating and training their own models, treating "owning their intelligence" as existential
The pitch: give every business the expert-eval tools previously reserved for the best AI application companies.
Related event: Mercor Raises $750M at $20B Valuation(2 posts)→
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