The company's reported run-rate revenue of $3 billion and its plan to sell to Fortune 500 firms are not independently verified; both figures come from a single outlet's reporting. Terms of the round beyond the headline numbers have not been disclosed. Earlier reports said Nvidia was in talks to back the round and General Catalyst was expected to lead it, and a July report had already put the target valuation at $20 billion.
The deal is part of a broader AI investment surge. Crunchbase data cited by Reuters puts AI-driven startups at $102 billion raised in the third quarter of 2026, or 64% of global venture capital. For attorneys, the key items to track are the buyer base and the contracting model. If Mercor's Fortune 500 push succeeds, expect more enterprise agreements covering data handling, confidentiality of internal workflows used to build agent environments, and IP ownership of the tasks and verifiers its experts write.