Mercor raises $750M at $20B valuation to take AI agent evaluation to enterprises
What happened
Mercor.io announced it has raised $750 million in new funding at a $20 billion valuation. The company specializes in providing human expertise to train and evaluate AI models, previously focusing on frontier AI labs. With this funding, Mercor plans to extend its services to enterprises in various industries, offering custom benchmarks for each client's needs. The investment round included participation from Nvidia, Salesforce, Zoom, and several venture capital firms.
Key details
- Mercor.io has a network of over 5 million domain experts for AI model evaluation.
- Annualized revenue surpassed $2 billion in June, according to the company.
- The Series D round included a tender offer for employee shares, but the split between that and new capital was not disclosed.
- Mercor acquired Deeptune Inc. in July to enhance enterprise application environments for AI agent training.
- The previous funding round in October 2025 valued Mercor at $10 billion.
Why it matters
Enterprise customers across industries will now have access to tailored AI agent evaluation and training, allowing them to assess AI models against their own business standards rather than generic benchmarks. This could change how companies deploy and trust AI agents in their operations, potentially lowering risks tied to AI adoption. Investors and employees are also directly affected by the funding structure, which included a tender offer for employee shares.