--- title: Mercor eyes a $20bn valuation and buys Deeptune | daily.dev description: Mercor, a three-year-old AI training marketplace, is in talks to raise at a $20bn valuation — double its October 2024 price. The company simultaneously... canonical: https://daily.dev/posts/mercor-eyes-a-20bn-valuation-and-buys-deeptune-dtrkykugm twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Mercor eyes a $20bn valuation and buys Deeptune | daily.dev og:description: Mercor, a three-year-old AI training marketplace, is in talks to raise at a $20bn valuation — double its October 2024 price. The company simultaneously... og:url: https://daily.dev/posts/mercor-eyes-a-20bn-valuation-and-buys-deeptune-dtrkykugm og:image: https://api.daily.dev/og/posts/DtRkYKugM.png og:image:alt: Mercor eyes a $20bn valuation and buys Deeptune og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Mercor eyes a $20bn valuation and buys Deeptune **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Mercor, a three-year-old AI training marketplace, is in talks to raise at a $20bn valuation — double its October 2024 price. The company simultaneously acquired Deeptune, an AI agent simulation startup, raising conflict-of-interest questions since Mercor's CEO was a personal angel investor in Deeptune just months before the acquisition. Mercor's claimed $2bn annualized revenue is gross billings; net revenue after contractor payouts is $600–800m, implying a 25–33x multiple. The company also weathered a March supply-chain breach via LiteLLM that exposed up to 4TB of data and caused Meta to pause its work with them. Despite these concerns, OpenAI and Anthropic remained customers and revenue doubled. Mercor aims to own the full AI training stack, competing with Scale AI and Surge AI in a rapidly growing market. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Mercor is in talks for a $20B valuation](https://daily.dev/posts/mercor-is-in-talks-for-a-20b-valuation-aguv0ym92) · TechCrunch · 0 upvotes · 0 comments - [Mercor quintuples valuation to $10B with $350M Series C](https://daily.dev/posts/mercor-quintuples-valuation-to-10b-with-350m-series-c-ms4ucrael) · TechCrunch · 0 upvotes · 0 comments - [How AI labs use Mercor to get the data companies won’t share](https://daily.dev/posts/how-ai-labs-use-mercor-to-get-the-data-companies-won-t-share-5zhoumlph) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#machine-learning](https://daily.dev/tags/machine-learning), [#startup](https://daily.dev/tags/startup), [#ai-agents](https://daily.dev/tags/ai-agents) [View this post on daily.dev](https://daily.dev/posts/mercor-eyes-a-20bn-valuation-and-buys-deeptune-dtrkykugm) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Mercor eyes a $20bn valuation and buys Deeptune","url":"https://daily.dev/posts/mercor-eyes-a-20bn-valuation-and-buys-deeptune-dtrkykugm","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/mercor-eyes-a-20bn-valuation-and-buys-deeptune-dtrkykugm"},"datePublished":"2026-07-10T13:59:21.725Z","dateModified":"2026-07-10T13:59:44.176Z","description":"Mercor, a three-year-old AI training marketplace, is in talks to raise at a $20bn valuation — double its October 2024 price. 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