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High Tech Series C Founded 2021

Encord

Encord is a developer of a platform for managing, curating, and annotating AI data. The platform facilitates the transformation of unstructured multimodal data into high-quality training data, offering tools for data indexing, curation, annotation, alignment, and collaboration. Encord provides data management, data annotation, and model evaluation capabilities, helping AI teams build more accurate machine learning…

📍 London, United Kingdom · AI Infrastructure,

Funding snapshot

Last roundSeries C
Amount$60M
Date3 December 2025
Total raised$110M
Team size195

About

Encord is a developer of a platform for managing, curating, and annotating AI data. The platform facilitates the transformation of unstructured multimodal data into high-quality training data, offering tools for data indexing, curation, annotation, alignment, and collaboration. Encord provides data management, data annotation, and model evaluation capabilities, helping AI teams build more accurate machine learning models by improving the quality of their training data. The platform serves computer vision and multimodal AI teams across industries including healthcare, autonomous vehicles, and defense. Founded in 2021 and headquartered in London, United Kingdom, Encord has raised $110 million at the Series C stage from investors including Y Combinator, CRV, WndrCo, Wellington, Harvard Management Company, Next47, Crane Venture Partners, Harpoon, Bright Pixel Capital, and Isomer Capital. The company employs 195 people.

Business model

AI Infrastructure > Enabling Technologies > Software > Training Data > Automated Annotation > Image and Video,

Y Combinator Batches > 2021 > Winter

Team background

College Wise > Harvard University, Stanford University

Institutional investors

Y Combinator CRV Harpoon Crane Venture Partners Next47 Harvard Management Company WndrCo Wellington N47 Bright Pixel Capital Isomer Capital

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