Exclusive: Mercor Hit Over $1 Billion in Annualized Revenue Before Breach

Mercor hit over $1 billion in annualized revenue earlier this year, up from a $500 million pace https://www.theinformation.com/newsletters/ai-agenda/ai-startups-join-100-million-arr-club-will-stay">in September 2025, according to a person with direct knowledge of the company’s financials.

The growth occurred before a group called Lapsus$ claimed to have hacked Mercor and offered to sell large ...