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Mercor

Mercor

Private
San Francisco, CaliforniaEnterprise Softwarehttps://www.mercor.com/

Last Round

Series C

Oct 27, 2025

Est. Valuation

$10B

Total Funding Raised

$483.6M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Mercor is an artificial intelligence company that operates a labor marketplace connecting domain experts with AI labs and enterprises for model training and evaluation tasks.

Sector

Enterprise Software

Verticals

HR, NLP & Conversational AI, Workflow Automation

Business Model

B2B

Customer Profile

Marketplace Commission, Subscription SaaS, Payment Processing Fee

AI Layer

Infrastructure

Keywords

ai recruitingtalent marketplaceai labor marketplaceautomated hiringai agent trainingreinforcement learningRLrecruitment-as-a-servicecandidate screeningai vettingsimulation infrastructureai hiring platformtalent margindata breachai security

Price History

Caplight MarketPrice™ estimate for Mercor, published with a 90-day delay.

Delayed data

Caplight MarketPrice™

$601.43

per share, as of April 2026

-30.0%

6-month change

The most recent months of MarketPrice™ are available to Caplight clients.

Caplight MarketPrice™ is an estimate of private secondary market pricing, shown here on a delayed basis for illustrative purposes only. It may be incomplete, is subject to change, and may not be relied upon for any purpose or considered investment advice.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Mercor Comparables

Compare Mercor with similar companies based on industry and business-model similarity.

Mercor comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Turing
86%
Andela
83%
Scale
79%

Mercor Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series COct 27, 2025
Series BFeb 20, 2025
Series ASep 19, 2024
SeedJan 15, 2024

Secondary Market Activity

Bids, offers, and trades by month

Data table
OperationDatePriceSizeShare ClassStructure
OFFER

Key People

Founding team and executive leadership

Brendan Foody

CEO, Co-Founder, CEO, Co-Founder

Founding Team

Kevin Shiau

Chief Financial Officer

Executive Team

Mercor Investors

Notable investors and investment history

Mercor investors
InvestorRounds
Link VenturesSeed
Benchmark CapitalSeries B, Series C, Series A
DST GlobalSeries B
2.12 AngelsSeed
General CatalystSeries A, Series B, Series C, Seed
Soma CapitalSeed
Menlo VenturesSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 27, 2026

    Company disclosed it is profitable in a job posting.

  • Apr 22, 2026

    AI platform experienced a serious data breach, described as more than a cybersecurity mishap.

Mercor Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Mercor Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Mercor's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range7,724
Year Founded2023
Last FundingOct 27, 2025

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