Funding round
Mercor Series C
Mercor, which works in AI-Powered talent matching services in San Francisco, raised $350M in a Series C round announced on 27 Oct 2025, led by Felicis, at a $10.00B post-money valuation. 4 firms took part, 3 of them already investors. It is Mercor's fourth venture round on record; the one before was a Series B in Feb 2025.
$350M
Amount raised
$10.00B
Post-money valuation
$9.65B pre-money
4
Investors
1 lead
5.0x
Step-up from the Series B
$2.00B in Feb 2025
3.5%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Mercor at $10.00B after the new money, 5.0 times the $2.00B of its Series B (Feb 2025). The $350M bought investors about 3.5% of the company. It came 8 months after Mercor's Series B. It is 72% of the $484M Mercor has raised in the venture rounds on record. No later venture round is on record for Mercor.
Mercor's funding rounds
Mercor has 4 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
Felicis led the round with 3 other firms. Felicis, Benchmark and General Catalyst had backed Mercor before.
Lead investor
- Felicis backs 237 venture-backed companies existing investor
Also in the round
- Benchmark existing investor
- General Catalyst backs 574 venture-backed companies existing investor
- Robinhood Ventures new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
The closest in time: 1 in Employment Agencies & HR Consulting, then Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Employment Agencies & HR Consulting | 1 Dec 2024 | $300M | $5.00B | Alpha Wave Global |
| Solar Energy Company | 8 Oct 2025 | $1.00B | $4.00B | Addition |
| Base Power Utility companies | 8 Oct 2025 | $1.00B | not disclosed | Addition |
| Tubulis Pharmaceutical Products | 15 Oct 2025 | $358M | $2.10B | Venrock |
| Fireworks AI Tech Companies | 28 Oct 2025 | $250M | $4.00B | Lightspeed Venture Partners and Index Ventures |
| Electronical Components Manufacturing | 14 Oct 2025 | $220M | not disclosed | not named |
| OpenEvidence Tech Companies | 20 Oct 2025 | $200M | $6.00B | GV |
| Tech Companies | 9 Oct 2025 | $180M | $2.50B | Accel |
Sources
Where this comes from
Reported by 9 sources.
Questions
Frequently asked
How much did Mercor raise in its Series C round?
Mercor raised $350M in its Series C round, announced in Oct 2025.
Who led Mercor's Series C round?
Felicis led it, with Benchmark, General Catalyst and Robinhood Ventures.
What was Mercor's valuation at the Series C round?
$10.00B post-money ($9.65B pre-money).