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Mercor Raises $350M Series C at $10B Valuation Led by Felicis
Series CAIVenture Capital

Mercor Raises $350M Series C at $10B Valuation Led by Felicis

•October 27, 2025
•Oct 27, 2025
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Participants

Mercor

Mercor

company

General Catalyst

General Catalyst

investor

Robinhood

Robinhood

investor

Benchmark

Benchmark

investor

Felicis

Felicis

investor

Why It Matters

The sizable valuation and backing highlight investor confidence in AI infrastructure as a critical growth area, positioning Mercor to become a dominant intermediary in the AI model‑training ecosystem and potentially shaping the pace of AI innovation.

Deal Summary

Mercor, a San Francisco startup connecting AI labs with experts, raised $350M in a Series C round valuing the company at $10 billion. The round was led by Felicis with participation from Benchmark, General Catalyst and Robinhood Ventures; proceeds will fund expansion.

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