Mercor Raises $750M Series D at $20B Valuation

Mercor, based in San Francisco, an AI training company that leverages a network of experts to improve frontier AI models, has raised $750 million in Series D financing. This latest round values the company at $20 billion and includes an employee tender.

Investors

Participating investors in this round include Benchmark, General Catalyst, NVIDIA, Salesforce, and Zoom.

Mercor Use of Funds

Mercor plans to use the new capital to accelerate investment in its evaluation and post-training infrastructure and research. The company will also use the funds to expand the development of environments where AI agents can learn complex enterprise workflows.

About Mercor

Founded to bridge the gap between frontier AI research and enterprise application, Mercor operates a network of over five million experts who provide the data, evaluations, and human judgment necessary to train AI models. Through its platform, including the APEX system and capabilities gained through the acquisition of Deeptune, the company helps organizations adapt models to their specific operational workflows and quality standards.

Funding Details

Company Website: https://mercor.com

Company: Mercor
Raised: $750M
Round: Series D
Funding Date: November 10, 2026
Additional Investors: Benchmark, General Catalyst, NVIDIA, Salesforce, Zoom
Software Category: Artificial Intelligence
Source: https://www.securities.io/mercor-lands-750-million-in-series-d-capital-with-employee-tender/