Mercor Raises $350M Series C at $10B Valuation to Scale AI Expert Marketplace

Why It Matters

The funding underscores escalating demand for high‑quality, expert‑driven data labeling as leading AI labs prioritize nuanced model training, positioning Mercor as a critical infrastructure player that could reshape the AI talent and data‑services market.

Deal Summary

Mercor raised $350 million in a Series C at a $10 billion valuation, led by Felicis Ventures with participation from Benchmark, General Catalyst and Robinhood Ventures. The AI-focused talent and training marketplace will use the capital to expand its expert network, improve matching systems and build automation products.