Mercor raises $750M at $20B valuation after scaling to $3B run-rate in 27 months
chetanp · x · 2026-11-11
AI evals and training-data company Mercor raised a $750 million Series D at a $20 billion valuation from Benchmark, General Catalyst, Nvidia, Salesforce, and Zoom.
- Founder Brendan Foody says run-rate revenue scaled from $1M to $3B in 27 months — the fastest ever to $3B
- For two years Mercor has organized human intelligence to build evals and training data for every frontier lab
- Growth accelerated over the past 6 months as enterprises start evaluating and training their own models; Foody argues owning their intelligence is existential for many companies
- Labs are the leading indicator for AI startups, then the Fortune 500
Related event: Mercor Raises $750M at $20B Valuation(2 posts)→
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