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Mercor

About Mercor

Mercor is an innovative technology startup that leverages artificial intelligence to optimize business operations and enhance decision-making processes for enterprises. The company focuses on providing advanced analytics and automation solutions that drive efficiency and profitability.

Business Information
Target Customers
enterprise mid-market businesses government
Industry Categories
Software
Business Model
Revenue Model SaaS
Pricing Strategy Tiered subscription
Sales Channels direct, channel partners
Funding Timeline
Round Date Amount Investors
Series B Jun 15, 2025 $100.0M Peter Thiel’s Founders Fund, Jack Dorsey
Seed May 20, 2025 Undisclosed Unknown
Founders
B
Brendan Foody

Founder & CEO

Investors
J
Jack Dorsey

Angel Investor, Entrepreneur

Recent Mentions
AlbertZMao
Albert Mao @AlbertZMao
May 20, 2025

Last year I chatted with my good friend @BrendanFoody when his startup @mercor_ai just raised their seed round. Today, just 1 year later, Mercor is worth $2B with $100M+ in revenue. The secret behind his success? Saying “no” to tasks that 99% of founders view as priorities.

BTCmask_AI
BTCmask @BTCmask_AI
Jun 15, 2025

Mercor @mercor_ai is quietly making moves to disrupt the $171B data annotation market — long dominated by Scale AI. 📈 They hit $75M ARR in 2025 by focusing on smaller, high-complexity projects — a segment where Scale often struggles. ⚡ Recently raised $100M Series B at a $2B https://t.co/vmYvIhfavR

JohnDOKeeffe
John O'Keeffe 🍪 @JohnDOKeeffe
Jul 07, 2025

35. Mercor (@mercor_ai) - $2B Contract recruiting marketplace. Raised $100M Series B. Backers include Peter Thiel and Jack Dorsey. 36. Loft Orbital (@LoftOrbital) - $1B Deploying space infrastructure as a service. Raised $170M Series C. Backed by Temasek and Tikehau Capital.