{
  "name": "Mercor",
  "slug": "mercor",
  "country": "US",
  "founded": 2023,
  "description": "AI training-data & expert talent marketplace.",
  "lastRound": "Series C",
  "lastRoundDate": "2025-10-29",
  "valuation": 10000000000,
  "totalRaised": 492000000,
  "monthsBetweenRaises": 8,
  "revenueARR": null,
  "employees": 350,
  "revPerEmployee": null,
  "investorTier": 1,
  "repeatFounder": false,
  "curationLists": [],
  "momentum": 82,
  "momentumBreakdown": {
    "funding": 30,
    "hiring": 24,
    "backers": 19,
    "curation": 0,
    "heat": 9
  },
  "confidence": "estimated",
  "playbookUrl": "https://www.startupriders.com/p/mercor-growth-playbook",
  "sources": [
    {
      "label": "Startup Riders - Mercor Growth Playbook",
      "url": "https://www.startupriders.com/p/mercor-growth-playbook"
    },
    {
      "label": "Sacra - ~$1.5B gross run-rate; net rev ~$350M est; FCF-positive (2026)",
      "url": "https://sacra.com/c/mercor/"
    },
    {
      "label": "TechCrunch - $10B Series C; headline figure is gross bookings, not ARR",
      "url": "https://techcrunch.com"
    }
  ],
  "investors": [
    "Felicis",
    "General Catalyst",
    "Benchmark"
  ],
  "careersUrl": "https://mercor.com/careers",
  "openRoles": null,
  "openRolesChange": null,
  "verifiedDate": "2026-06-21",
  "rankChange": -1,
  "newEntry": false,
  "employeesChange": null,
  "socialFollowers": null,
  "socialFollowersChange": null,
  "arrHistory": [],
  "changelog": [
    {
      "date": "2026-06-03",
      "tag": "metric",
      "summary": "Reportedly FCF-profitable, ~$6M profit in H1 2025 on ~$1.5B gross run-rate",
      "source": {
        "label": "Sacra",
        "url": "https://sacra.com/c/mercor/"
      }
    },
    {
      "date": "2026-02-01",
      "tag": "product",
      "summary": "Launched Mercor Enterprise AI (workflow capture, agent specs, guardrails)",
      "source": {
        "label": "Sacra",
        "url": "https://sacra.com/c/mercor/"
      }
    },
    {
      "date": "2026-06-21",
      "tag": "news",
      "summary": "Added to the Class of 2026",
      "source": {
        "label": "Startup Riders",
        "url": "https://www.startupriders.com/p/mercor-growth-playbook"
      }
    }
  ]
}