The opportunity
Mercor is an expert network that matches skilled contractors with AI labs that need human data, evals, and expert labeling. The product is AI training data and human evals sold as work hours; revenue is take-rate on that expert work, not a consumer app. Frontier labs cannot fake domain expertise. They buy specialists. A marketplace that already pays those people sits on the bottleneck every model lab hits when synthetic data runs out. That take-rate scales with training demand while Mercor is still private.
Proof of ownership publishedFrom $20Peer-to-peer bids and offers
Valuations explained
WLTH entry
$11.67B
The valuation of the private round where WLTH secured this allocation. New Slices issued from this raise are priced from this entry.
In-app
The lowest implied valuation from live Slice listings on the WLTH marketplace. It moves with what holders are asking, not with a new company round.
Company valuation
$20B
The company’s latest reported valuation (last private round, or live market cap after IPO). This is the headline number, not what you pay on WLTH.
Private-market investment. Capital is at risk and values can fall as well as rise. This is not investment advice.
Deal terms
42% below company valuation
WLTH entry
$11.67B
Company valuation
$20B
Structure
Slice
Liquidity
Marketplace
WLTH growth
$ 11.67B → $ 20B
+71%
1:1
Each Slice is backed 1:1 by underlying equity in this company.
Mercor pre-IPO deal overview
Get in before the IPO. Back the marketplace that pays domain experts to train and evaluate frontier AI models.
Available
The opportunity
Mercor is an expert network that matches skilled contractors with AI labs that need human data, evals, and expert labeling. The product is AI training data and human evals sold as work hours; revenue is take-rate on that expert work, not a consumer app. Frontier labs cannot fake domain expertise. They buy specialists. A marketplace that already pays those people sits on the bottleneck every model lab hits when synthetic data runs out. That take-rate scales with training demand while Mercor is still private.
Proof of ownership publishedFrom $20Peer-to-peer bids and offers
Valuations explained
WLTH entry
$11.67B
The valuation of the private round where WLTH secured this allocation. New Slices issued from this raise are priced from this entry.
In-app
The lowest implied valuation from live Slice listings on the WLTH marketplace. It moves with what holders are asking, not with a new company round.
Company valuation
$20B
The company’s latest reported valuation (last private round, or live market cap after IPO). This is the headline number, not what you pay on WLTH.
Private-market investment. Capital is at risk and values can fall as well as rise. This is not investment advice.
Deal terms
42% below company valuation
WLTH entry
$11.67B
Company valuation
$20B
Structure
Slice
Liquidity
Marketplace
WLTH growth
$ 11.67B → $ 20B
+71%
1:1
Each Slice is backed 1:1 by underlying equity in this company.
What you’re actually buying
Pre-IPO means investing before a company lists publicly, when access is usually locked to insiders. Here's how WLTH opens it up.
A private round
Mercor raised capital at a ~$20B company valuation, long before any IPO.
WLTH gets an allocation
WLTH secures a slice of that round, normally reserved for large institutions.
You own a Slice
You get tokenized economic exposure to the underlying asset backed 1:1 and verifiable. Self custodied and tradable at any time.
No paperwork, no five-figure minimums. Own a Slice from $20, with payouts in USDC.
Frequently asked questions
What is a WLTH Slice?
A tokenized position backed 1:1 by real underlying equity in the company, not a synthetic price tracker.
What's the minimum?
You can invest from $20. Available to eligible users outside the US and UK.
Can I sell before an IPO?
You may be able to list your Slice on the WLTH marketplace, subject to terms and demand. Liquidity is not guaranteed.
How is my Slice backed?
Your Slice is a contractual economic right tied to a WLTH allocation. Review the fund offering documents for structure and risks.
What is Mercor on WLTH?
Mercor on WLTH is fractional, tokenized pre-IPO exposure backed by equity in the underlying private company. Investors buy slices from published valuations, track diligence in the app, and may trade on the WLTH Marketplace after listing. Minimums and availability depend on the live fund.
Available
Invest in Mercor pre-IPO on WLTH
Get in before the IPO. Back the marketplace that pays domain experts to train and evaluate frontier AI models.
WLTH entry
$11.67B
Company valuation
$20B
Mercor investors include
The opportunity
Mercor is an expert network that matches skilled contractors with AI labs that need human data, evals, and expert labeling. The product is AI training data and human evals sold as work hours; revenue is take-rate on that expert work, not a consumer app. Frontier labs cannot fake domain expertise. They buy specialists. A marketplace that already pays those people sits on the bottleneck every model lab hits when synthetic data runs out. That take-rate scales with training demand while Mercor is still private.
Proof of ownership publishedFrom $20Peer-to-peer bids and offers
Valuations explained
WLTH entry
$11.67B
The valuation of the private round where WLTH secured this allocation. New Slices issued from this raise are priced from this entry.
In-app
The lowest implied valuation from live Slice listings on the WLTH marketplace. It moves with what holders are asking, not with a new company round.
Company valuation
$20B
The company’s latest reported valuation (last private round, or live market cap after IPO). This is the headline number, not what you pay on WLTH.
Private-market investment. Capital is at risk and values can fall as well as rise. This is not investment advice.
Deal terms
42% below company valuation
WLTH entry
$11.67B
Company valuation
$20B
Structure
Slice
Liquidity
Marketplace
WLTH growth
$ 11.67B → $ 20B
+71%
1:1
Each Slice is backed 1:1 by underlying equity in this company.
Mercor in the news
Latest coverage and WLTH writing about this company.
What you’re actually buying
Pre-IPO means investing before a company lists publicly, when access is usually locked to insiders. Here's how WLTH opens it up.
A private round
Mercor raised capital at a ~$20B company valuation, long before any IPO.
WLTH gets an allocation
WLTH secures a slice of that round, normally reserved for large institutions.
You own a Slice
You get tokenized economic exposure to the underlying asset backed 1:1 and verifiable. Self custodied and tradable at any time.
No paperwork, no five-figure minimums. Own a Slice from $20, with payouts in USDC.
Frequently asked questions
What is a WLTH Slice?
A tokenized position backed 1:1 by real underlying equity in the company, not a synthetic price tracker.
What's the minimum?
You can invest from $20. Available to eligible users outside the US and UK.
Can I sell before an IPO?
You may be able to list your Slice on the WLTH marketplace, subject to terms and demand. Liquidity is not guaranteed.
How is my Slice backed?
Your Slice is a contractual economic right tied to a WLTH allocation. Review the fund offering documents for structure and risks.
What is Mercor on WLTH?
Mercor on WLTH is fractional, tokenized pre-IPO exposure backed by equity in the underlying private company. Investors buy slices from published valuations, track diligence in the app, and may trade on the WLTH Marketplace after listing. Minimums and availability depend on the live fund.