Encord, a San Francisco, CA–based AI-native data infrastructure platform for physical AI systems, has raised $60 million in Series C funding.
Investors
The round was led by Wellington Management, with participation from Y Combinator, CRV, N47, Crane Venture Partners, Harpoon Ventures, Bright Pixel Capital, and Isomer Capital.
Wellington Management is a private, independent investment management firm that manages over $1.4 trillion in assets for institutional clients worldwide. Headquartered in Boston, Massachusetts, the firm offers a wide range of investment strategies, including equities, fixed income, multi-asset, and private investments.
Encord Use of Funds
The company will use the funds to accelerate product development, expand into new markets, and scale its AI-native data infrastructure platform.
About Encord
Encord is a data infrastructure company focused on powering physical AI applications. Its AI-native platform enables teams to manage, curate, annotate, and align complex multimodal datasets, including audio, video, images, sensor data, and 3D point clouds. Encord supports organizations building robots, autonomous vehicles, drones, and other real-world AI systems by providing a unified data layer across the model lifecycle, from data generation and curation to evaluation and human-feedback alignment. Headquartered in San Francisco, California, Encord serves over 300 AI teams globally.
Funding Details
Company: Cord Technologies, Inc. (Encord)
Raised: $60.0M
Round: Series C
Funding Date: February 2026
Lead Investor: Wellington Management
Additional Investors: Y Combinator, CRV, N47, Crane Venture Partners, Harpoon Ventures, Bright Pixel Capital, Isomer Capital
Company Website: https://encord.com/
Software Category: AI Data Infrastructure / Physical AI Data Platform
Source: https://www.prnewswire.com/news-releases/encord-secures-60m-series-c-to-scale-ai-native-data-infrastructure-as-physical-ai-hits-inflection-point-302698633.html