Mercor

AI/ML · San Francisco, CA · Founded 2022 · Privately Held (backing)

Developer of an artificial intelligence-powered hiring platform designed to streamline the hiring process for both candidates and companies. Mercor is based in San Francisco, CA and was founded in 2022. It was valued at $10 billion at its Series C in Oct 2025, the last priced event on record. It has raised $519 million across 4 recorded rounds; the latest was a $350 million Series C in Oct 2025.

PMV mark · valuation
$10.0B
Oct 2026
Priced at
its Series C
Oct 2025
Total raised
$519.3M
Last round
Series C
Oct 2025

Mercor key facts

as of Oct 2026
  • Developer of an artificial intelligence-powered hiring platform designed to streamline the hiring process for both candidates and companies.
  • Mercor is valued at approximately $10.0B as of Oct 2026, set at its Series C, Oct 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $519.3M across 4 recorded rounds; the latest was Series C ($350.0M) in Oct 2025.
  • Notable investors include Alumni Ventures, Sequoia Capital, General Catalyst, Soma Capital, SV Angel — 38 tracked in total.
  • PrivateMarketView tracks 5 recorded secondary trades in Mercor shares.
  • 3 investment vehicles were formed to buy Mercor shares in the last 12 months, reporting $21.9M sold to 17 investors, per SEC Form D filings.
  • Mercor has filed 2 Form Ds with the SEC, most recently Feb 2026 ($330.4M sold to 21 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$10.0B

Valued at $10.0B at its Series C, Oct 2025. Nothing has traded since.

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  • ·Post-money valuations for 3 rounds
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Mercor secondary trades

5 on record · Jan 2026 – Jun 2026

5 trades between Jan 2026 and Jun 2026. Exact dates, prices and structures are available to Pro members.

Jan 2026peak 1 prints / monthJun 2026
Individual prints are Pro.Unlock 5 trade prints

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Mercor funding rounds

4 rounds
Oct 2025Series C$350.0M▮
Feb 2025Series B$100.0M▮
Sep 2024Series A$32.0M▮
Jan 2024Seed$3.6M▮

Vehicles formed to buy Mercor shares

secondary demand · SEC Form D filings

In the last 12 months, 3 investment vehicles were formed to buy Mercor shares, reporting $21.9M sold to 17 investors across 3 sponsors. Most recent filing Feb 2026.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 3 vehicles →

Membership and data by Private Market View

Mercor leadership

Mercor valuation

Mercor was valued at $10 billion at its Series C in Oct 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Mercor raised?

Mercor has raised $519 million across 4 recorded rounds since 2024. The largest was a $3.6 million seed round in Jan 2024; the most recent was a $350 million Series C in Oct 2025. 3 of the rounds disclosed a post-money valuation.

Mercor has filed 2 Form Ds with the SEC, most recently in Feb 2026 ($330 million sold to 21 investors).

Mercor secondary market activity

5 secondary trades in Mercor shares are on record, between Jan 2026 and Jun 2026. Exact dates, prices and structures are available to Pro members.

Institutional holders and vehicles

In the last 12 months, 3 investment vehicles were formed to buy Mercor shares, reporting $21.9 million sold to 17 investors across 3 sponsors, per SEC Form D filings (most recent Feb 2026).

Mercor investors

38 investors are on record for Mercor, including Alumni Ventures, Sequoia Capital, General Catalyst and Soma Capital. By type, the record holds 22 venture capital firms and 2 private investors. The Series C in Oct 2025 drew 21 investors.

Who runs Mercor

2 people are listed on the Mercor team: 2 executives, including Adarsh Hiremath (Co-Founder) and Brendan Foody (Co-Founder).

Comparable companies

Comparable ai/ml names by valuation on PrivateMarketView: MiniMax AI (HKG: 00100) ($6.6 billion), Higgsfield ($5.4 billion) and Sakana AI ($2.6 billion).

About Mercor

Developer of an artificial intelligence-powered hiring platform designed to streamline the hiring process for both candidates and companies. The company's platform matches candidates with elite remote job opportunities, allowing them to apply for work once and reach thousands of companies, enabling businesses to streamline the hiring process for both candidates and companies.

Industry
AI/ML
Sector
Information Technology
HQ
San Francisco, CA, United States
Founded
2022
Employees
300
Ownership
Privately Held (backing)

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