Private Market View

Mercor

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

PA Mark · $/share
$714
Sep 2026
Implied valuation
$10.0B
Total raised
$519.3M
Last round
Series C
Oct 2025
What is Mercor worth?
$10.0Blast known valuation

Mercor last raised $350.0M in its Series C (Oct 2025).

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Valuation timeline

3 marks · Sep 2024 – Oct 2025
Series A1 roundsSeries C
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Funding history

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

How Mercor's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Mercor, we compose those signals into the PA Mark — a weighted composite of 5 recent pricing inputs, decayed by age and reset on new rounds. The implied valuation multiplies the mark by shares outstanding. Full methodology →

Frequently asked

What is Mercor worth?
Mercor's implied valuation is $10.0B, based on the PA Mark composite price of about $714 per share as of Sep 2026.
How much has Mercor raised?
Mercor has raised $519.3M in total funding across 4 recorded rounds.
When did Mercor last raise?
Mercor last raised in Oct 2025 (Series C), raising $350.0M.