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MERCOR
Mercor
Artificial intelligence / AI data labeling · San Francisco, California · United States · Founded · 2023 · ≈ · 300 · employees

Mercor Funding — Last Valued at $20B

Private

Mercor has raised $882M across 3 funding rounds. The latest round valued Mercor at $20B rumored, with General Catalyst, Nvidia on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Mercor funding · at a glance
Total raised, all rounds
$882M
sum of disclosed sizes
Funding rounds
3
priced rounds
Latest round
$20B
rumored · Jan 2026
Lead on that event
General Catalyst
lead investor
2026
About Mercor

Mercor raised a $350 million Series C round in October 2025 at a $10 billion valuation, making its three founders the youngest self-made billionaires at age 22. It describes itself as a profitable Series C company, and it moved to acquire Deeptune in mid-2026.

Funding timeline

The Mercor funding timeline

3 funding rounds, the latest highlighted.

2023
Mercor founded

Mercor was founded in 2023, United States.

SEP 2024
Series A

A primary round — the company sells new shares to investors it selects. $32M raised, led by Benchmark.

Valuation basisAmount$32MPrice / shareLeadBenchmark
OCT 2025
Series C at $10B post-money

Benchmark, General Catalyst, Robinhood Ventures. $350M raised, led by Felicis.

Valuation basispost-moneyAmount$350MPrice / shareLeadFelicis
JAN 2026LATEST
Series funding at $20B rumored

A primary round — the company sells new shares to investors it selects. $500M raised, led by General Catalyst, Nvidia.

Valuation basisrumoredAmount$500MPrice / shareLeadGeneral Catalyst, Nvidia
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Mercor funding rounds in full

3 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series funding LATEST
Jan 2026
$500M
$20Brumored
—
General Catalyst, Nvidia
—
Series C
Oct 2025
$350M
$10Bpost-money
—
Felicis
Benchmark, General Catalyst, Robinhood Ventures
Series A
Sep 2024
$32M
—
—
Benchmark
—
Mercor · investors

Investors

General CatalystLEADNvidiaLEADFFelicisLEADBBenchmarkLEADFFelicis VenturesRobinhood VenturesPPeter ThielJJack DorseyAAdam D'AngeloLLarry SummersBBill Gurley

Frequently asked questions

How can I get exposure to Mercor?›

The routes section explains what is realistically available for a company at this stage.

Is Mercor publicly traded?›

No. Mercor is a private company; its shares do not trade on a public exchange.

What is Mercor's valuation?›

The last valuation is $20B (rumored, Jan 2026).

Who has invested in Mercor?›

Lead investors for each round are in the funding timeline.

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