Companies / Data vendor

Mercor

Mercor describes itself as "organizing human intelligence to power the AI economy", supplying expert human intelligence for training leading AI models and helping enterprises turn their expertise into production AI. Recorded here: 5 clauses of its contract in its own words, what it sells, in its own words, 6 funding events, 7 revenue figures, 75 public prices and 4 market records.

San Francisco, California, USFounded 2023mercor.comLatest record 17 Oct 2026

$2B

run-rate Jun 2026

$20B

valuation, Jul 2026

$480M

disclosed funding raised

How Mercor buys data

Mercor, data page, 11 Oct 2026
What it wants
Workflow data from Slack, Teams, Gmail, Outlook, Confluence, Salesforce, GitHub, Drive, Notion and 100+ other tools.
What it publishes about price
No figures. "Compensation is based on data volume, the tools you connect, and the depth of your data."
Who it takes
No size, region or language rule published. It names eight industries it is looking for.
How the holder is paid
By wire on delivery of the anonymised dataset, typically within 2 to 4 weeks of the signed agreement.
Who removes personal data
Automated extraction and anonymisation, paid for by Mercor. It says no buyer sees raw data.
What it pays for an introduction
5% of the deal, up to $100,000, paid after the company's first delivery (shown in its referral app; the public page names no amount).

We are not Mercor's agent, partner or representative. If you hold data it might buy, we can put it in front of Mercor and every other buyer that fits at the same time.

What Mercor sells

In its own words, read on its own site 15 Oct 2026. On the vendor register

What it sells

RL environments: “We build reinforcement learning (RL) environments in three steps” mercor.com

Datasets: “Diverse datasets spanning professional, coding, research, agentic, and multimodal tasks.” mercor.com

Expert and human data: “Mercor's talent platform mobilizes deep subject-matter experts across professional and consumer domains to produce specialized data at scale.” mercor.com

Evaluations and benchmarks: “Benchmarks, peer-reviewed research, evaluation leaderboards, datasets, and open tooling for frontier AI systems.” mercor.com

Where its data comes from

Made by experts and contractors: “Every task is written by PhD researchers, practicing lawyers, and senior engineers, not crowdsourced.” mercor.com

Replicas of real software: “Expert-built tasks run inside high-fidelity enterprise app clones” mercor.com

Generated: “Engineers scripted synthetic logs (500 to 1,000 lines of normal operation mixed with 10-20 lines of bug symptoms)” mercor.com

Licensed from its owners: “We license it, package it, and pay you for it.” mercor.com

Buys data from owners

In its words: “We license it, package it, and pay you for it.” mercor.com

Areas its pages name
Coding, Business work, Finance, Legal, Medical

What Mercor's contract says

The clauses Mercor publishes for the people it buys data from, in its own words, the costliest first. “Our reading” is ours, not Mercor's. These terms change: read the page itself before you sign.

  • Licence and use

    Mercor licenses your data, packages it and pays you for it. It publishes no licence term, exclusivity or sublicensing terms.

    “We license it, package it, and pay you for it.”

    Our reading: There is nothing to compare until you hold the licence text.

    mercor.com, read 11 Oct 2026
  • Who removes personal data

    Mercor extracts and anonymises the data with its own automated pipeline, at its own cost.

    “The extraction and anonymization process is fully automated. ... Mercor covers all costs associated with data extraction, anonymization, and transfer.”

    Our reading: The buyer controls the scrub, and that control has a price: in the Spirit Airlines auction Mercor bid $7.0M against $5.2M if it could de-identify with its own tools.

    mercor.com, read 11 Oct 2026
  • Resale

    Mercor's own catalogue offers every dataset to labs for licensing.

    “Company Data ... Every dataset available to license”

    Our reading: Your data can be licensed to several labs for the one payment you receive.

    data.mercor.com, read 11 Oct 2026
  • Other

    Its intake asks you to confirm you own the materials or may share them without restrictions.

    “Do you have the legal right to license this data for commercial use and AI / model training? ... The materials I'm sharing are ones I own or am authorized to share without restrictions.”

    Our reading: The rights risk is yours: settle who owns each part before you confirm this.

    data.mercor.com, read 11 Oct 2026
  • When you are paid

    Paid by wire when the anonymised dataset is delivered to the buyer, typically 2 to 4 weeks after signing.

    “Payment is issued via wire transfer upon delivery of the anonymized dataset to the buyer. This typically occurs within 2-4 weeks of the signed agreement, depending on data extraction and processing time.”

    Our reading: Among the fastest published payment terms, though tied to Mercor's own processing finishing.

    mercor.com, read 11 Oct 2026

Not published: Price figures, Licence term, Exclusivity, Sublicensing. Ask for each in writing.

Public prices involving Mercor

What Mercor earns

Revenue, run rates and ARR as each was published. Run rates are often a best month times twelve, and gross figures include what passes through to experts.

  • run-rate Jun 2026
    Measure
    run-rate
    Figure
    $2B
  • H1 2026
    Measure
    revenue
    Figure
    $614M
  • run-rate early 2026
    Measure
    annualized revenue
    Figure
    $1B
  • run-rate Sep 2025
    Measure
    run-rate
    Figure
    $500M
  • run-rate Sep 2025
    Measure
    run-rate
    Figure
    $450M
  • ARR Mar 2025
    Measure
    ARR
    Figure
    $100M
  • run-rate Feb 2025
    Measure
    ARR
    Figure
    $75M

Funding and acquisitions

  • 9 Jul 2026
    Event
    Acquired by Mercor
    Amount
    Price not disclosed. Deeptune builds reinforcement-learning environments; Mercor's post says Andreessen Horowitz led Deeptune's $43 million Series A.
  • 9 Jul 2026
    Event
    valuation
    Valuation
    $20B
  • 27 Oct 2025
    Event
    Series C
    Amount
    $350M
    Valuation
    $10B
  • 9 Sep 2025
    Event
    Series C
    Valuation
    $10B
  • 20 Feb 2025
    Event
    Series B
    Amount
    $100M
    Valuation
    $2B
  • 23 Sep 2024
    Event
    Series A
    Amount
    $30M
    Valuation
    $250M

In the brokerage market

  • Oct 2026, buyer program

    amount not published

    Target industries: Legal; Healthcare; Finance & Insurance; Professional Services; Manufacturing; Retail & E-commerce; Real Estate; Logistics & Supply Chain. No fees: Mercor covers extraction, anonymization and transfer, with no deductions. Paid by wire on delivery of the anonymized dataset to the buyer, typically within 2 to 4 weeks of the signed agreement. Anonymization fully automated; no lab buyer sees raw data.

    Mercor, 11 Oct 2026

  • Oct 2026, referral terms

    referral bonus, amount not stated

    Paid when the referred company goes live and starts earning ('you receive your referral bonus').

    Mercor, 11 Oct 2026

  • Aug 2026, transaction

    $7.5 million alternate bid; also $5.2M, $7M and $10M offers

    Mercor offered $7 million and later $10 million conditioned on using its own de-identification tools instead of a third party; neither was selected. If the Google deal is not consummated, the Debtors may accept the Alternate Bid.

    Research Suite by Stretto (chapter11cases.com), docket summary, 13 Sep 2026

  • Jul 2026, referral terms

    Referral bonus, amount not published. An up-to-$100K-per-referral figure that a third-party tracker reported on the page from 29 Jul to 22 Sep 2026 is unverified: Mercor's own page names no amount.

    Paid when the referred company becomes a paid partner and goes live (Mercor data page, read 16 Oct 2026). The earlier $100K figure could not be confirmed on any Mercor page or in named press, so it is not held as fact.

    Mercor (data page), 16 Oct 2026

Cite this

AIData.Broker, “Mercor in the AI training data market”, reviewed 17 Oct 2026. https://www.aidata.markets/companies/mercor

Free to reuse under CC BY 4.0 if you credit AIData.Broker and link to this page. Each row names the publication that stated it, and words quoted from a source keep that source's own terms.

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Mercor: its contract terms, what it pays and records | AIData.Broker