Mercor quintuples valuation to $10B with $350M Series C, fueling AI talent expansion and global growth.
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Mercor Hits $10B Valuation with $350M Series C
Mercor Quintuples Valuation to $10B with $350M Series C Mercor has officially quintuples its valuation to $10 billion after raising $350 million in Series C funding , marking one of the biggest jumps in AI startup valuations this year. The round highlights Mercor’s growing dominance in connecting AI labs with domain experts who train next-generation foundational AI models. Image Credits:Mercor Felicis Ventures Leads Mercor’s Massive Series C The latest round was led by Felicis Ventures , which also spearheaded Mercor’s previous $100 million Series B at a $2 billion valuation. Existing backers Benchmark and General Catalyst , along with newcomer Robinhood Ventures , also joined the round. This Series C confirms earlier TechCrunch reports that Mercor was in advanced talks to raise funds at a $10 billion valuation — significantly higher than its earlier $8 billion target just months ago. From Hiring Platform to AI Expert Marketplace Mercor began as an AI-driven hiring platform , but quickly pivoted …