Home/Companies/Baseten vs Mercor

Company pair · AI

Baseten vs Mercor: Valuation, Funding, Trajectory

AI Both private US-headquartered No Canborsa market

Baseten and Mercor are often weighed against each other in AI.

On this pageSide by side Valuation marks What each discloses Verdict FAQ

BasetenPRIVATE · US

MercorPRIVATE · US

Last valuation$13B$20B

Basis Post-money Rumored

As ofJun 2026Jan 2026

Founded20212023

Employees≈312≈300

On CanborsaNo marketNo market

At a glance

$13B

BasetenPost-money, Series F · Jun 2026

$20B

MercorRumored, Series funding · Jan 2026

Different bases — the numbers stay side by side

Gap

0 of 2

On CanborsaNeither company has a market

Head-to-head · field by field

Baseten vs Mercor — side by side

Field

BasetenPRIVATE · FOUNDED 2021

MercorPRIVATE · FOUNDED 2023

Last valuation

$13B Post-money

$20B Rumored

Valuation date

22 Jun 2026

1 Jan 2026

Valuation basis

Post-money

Rumored

Latest round

Series F

Series funding

Round size

$1.5B

$500M

Round lead

Altimeter Capital, Conviction

General Catalyst, Nvidia

Named investors

Felicis Ventures Benchmark General Catalyst Robinhood Ventures

Founded

2021

2023

Employees (est.)

≈312

≈300

Sector & HQ

AI/ML Infrastructure · 🇺🇸 US

Artificial intelligence / AI data labeling · 🇺🇸 US

Status & market

Private — no Canborsa market

Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $13B for Baseten (post-money, Jun 2026) and $20B for Mercor (rumored, Jan 2026).

Baseten

$13BPost-money · Jun 2026

Mercor

$20BRumored · Jan 2026

BASETEN · $13B · JUN 2026MERCOR · $20B · JAN 2026

Baseten vs Mercor · what each company discloses

What each company discloses, and what it leaves out

BasetenPRIVATEAI · US · 2021

+Last disclosed mark $13B — post-money, Jun 2026.

+Founded 2021 .

+≈312 employees.

+Latest round: Series F, $1.5B raised, led by Altimeter Capital.

MercorPRIVATEAI · US · 2023

+Last disclosed mark $20B — rumored, Jan 2026.

+Founded 2023 .

+≈300 employees.

+Latest round: Series funding, $500M raised, led by General Catalyst.

Verdict

Verdict

The $13B tells you…

What an investor paid for newly issued shares — a primary round, priced post-money.

How much capital arrived with it:$1.5B, led by Altimeter Capital in Jun 2026.

A dated print: it moves only when a newer round is announced.

The $20B tells you…

A post-money print and a rumored print are priced by different buyers under different terms, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.