Mercor, a company that connects leading AI labs with domain experts to train foundational models, has secured $350 million in new funding, bringing its valuation to $10 billion. The round was led by Felicis Ventures, joined by Benchmark, General Catalyst, and new backer Robinhood Ventures, marking a major step forward for the fast-growing platform.
Originally launched as an AI-powered hiring solution, Mercor has evolved into a marketplace supplying specialists such as scientists, doctors, and lawyers to help AI systems improve through real-world reinforcement learning. With more than 30,000 experts earning an average of $85 per hour, the company now pays out over $1.5 million daily for expert-validated training work.
Mercor plans to expand its talent network, strengthen matching technologies, and further automate its platform as it targets rapid growth in enterprise AI adoption and continues building toward an AI-first recruiting marketplace.
Featured image: Credit: Mercor
