Mercor targets a $10B valuation with a $450M run rate, positioning itself as a leader in the fast-growing AI training market.
Matilda
Mercor Eyes $10B Valuation With $450M Run Rate Mercor’s Rapid Growth and Rising Valuation Mercor, an AI training startup, is capturing major investor attention as it targets a $10 billion valuation backed by an impressive $450 million run rate. Founded in 2022, the company has quickly become a key player in providing domain experts to train and refine artificial intelligence models. Investors see Mercor’s rapid scaling and strong revenue performance as proof of its potential to dominate the AI training market, which continues to expand at a historic pace. Image Credits:Mercor How Mercor Achieved a $450 Million Run Rate The startup’s journey from $75 million annualized revenue earlier this year to a current run rate of $450 million highlights a remarkable trajectory. By efficiently matching companies with experts in AI training, Mercor has built a model that scales quickly and attracts recurring contracts. Its ability to hit revenue milestones faster than some of the industry’s most prominent competitors demonstrates not just growth, b…