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High Tech Series B Founded 2012

iMerit

iMerit provides AI data annotation, model fine-tuning, and validation solutions that power the world most advanced AI systems, from frontier foundation models to enterprise-grade automation. The company combines expert-led model evaluation with its Ango Hub annotation platform to deliver high-quality training data at scale across multiple modalities including image, video, LiDAR, sensor fusion, text, audio, and…

📍 San Jose, United States · AI Infrastructure,

Funding snapshot

Last roundSeries B
Amount$20M
Date20 December 2019
Total raised$24M
Valuation9,553,453 (Oct 5, 2015)
Team size8100

About

iMerit provides AI data annotation, model fine-tuning, and validation solutions that power the world most advanced AI systems, from frontier foundation models to enterprise-grade automation. The company combines expert-led model evaluation with its Ango Hub annotation platform to deliver high-quality training data at scale across multiple modalities including image, video, LiDAR, sensor fusion, text, audio, and DICOM medical imaging. For generative AI, iMerit offers RLHF (reinforcement learning from human feedback), red teaming, alignment, chain-of-thought reasoning evaluation, agent evaluation, corpus augmentation, and prompt and response generation. The iMerit Scholars program comprises over 25,000 domain experts across 60+ countries who provide specialized knowledge for model fine-tuning, bringing deep domain expertise to fields including mathematics, clinical medicine, and scientific research. iMerit serves four primary verticals: Generative AI for foundation model development, Mobility AI for autonomous and ADAS systems with high-precision sensor data labeling, Healthcare AI for medical imaging and diagnostics with clinical domain expertise, and Robotics for perception, navigation, and task execution. The Ango Hub platform unifies tools, workflow automation, and domain expertise into an end-to-end solution with built-in automation, customizable workflows, and extensive QA modes. iMerit is SOC2, ISO 27001, GDPR, HIPAA, and TISAX compliant. Founded in 2012 and headquartered in San Jose, California, iMerit has raised approximately $24.3 million in Series B funding from investors including British International Investment, Khosla Impact, Omidyar Network India, and Michael and Susan Dell Foundation. The company is being acquired by EXL to advance enterprise AI capabilities.

Business model

AI Infrastructure > Enabling Technologies > Software > Training Data > Automated Annotation > Horizontal

Institutional investors

British International Investment Khosla Impact Omidyar Network India Michael & Susan Dell Foundation Anudip Padma Ravichander Karthik krishna Ravichander

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