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iMerit - About the company

iMerit is a series B company based in San Jose (United States), founded in 2012 by Radha Basu and Radha Basu. It operates as an AI based data annotation, model fine-tuning, and validation solutions. iMerit has raised $24.3M in funding from British International Investment and Omidyar Network India, with a current valuation of *****. The company has 29 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like Scale AI, Refuel and PublicAI.

Company Details

AI based data annotation, model fine-tuning, and validation solutions. It offers data annotation for computer vision, audio, LiDAR, and sensor fusion. It provides services for generative AI, including RLHF, red teaming, alignment, and validation. It delivers tooling, workflow design, automation, and a skilled workforce for predictive AI applications. It accelerates AI development across various industries, including healthcare AI, autonomous mobility, and precision agriculture.
Website
imerit.net
Social
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Email ID
*****@imerit.net
Phone Number
+1 **********
Registered Address
204-A, Mittal Tower 6 M.G. Road, Bangalore, BANGALORE, Karnataka, India, 560001
Key Metrics
Founded Year
2012
Location
San Jose, United States
Stage
Series B
Total Funding
$24.3M in 3 rounds
Latest Funding Round
Post Money Valuation
***** as on Oct 05, 2015
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
7,923 as on May 31, 2026
Investment & Acquisitions
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iMerit's funding and investors

iMerit has raised a total funding of $24.3M over 3 rounds. Its first funding round was on Mar 19, 2013. Its latest funding round was a Series B round on Dec 20, 2019 for $*****. 4 investors participated in its latest round. iMerit has 5 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of iMerit:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 20, 2019
1523779
Series B
7910132
4937120
2313619
6235586
Oct 05, 2015
9733596
Series A
5643239
6017938
9178877
Mar 19, 2013
2669514
Seed
7059657
2112026
4790162
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iMerit's founders and board of directors

Founder? Claim Profile
The founders of iMerit are Radha Basu and Radha Basu. Radha Basu and Radha Basu are the CEOs of iMerit.
Here are the details of iMerit's key team members:

iMerit's employee count trend

iMerit has 7,923 employees as of May 26. Here is iMerit's employee count trend over the years:
Employee count trend for iMerit
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iMerit's Competitors and alternates

Top competitors of iMerit include Scale AI, Refuel and PublicAI. Here is the list of Top 10 competitors of iMerit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Scale AI
Scale AI
2016, San Francisco (United States), Series G
Labeled data to train AI applications
$15.9B
77/100
2nd
Logo for iMerit
iMerit
2012, San Jose (United States), Series B
AI based data annotation, model fine-tuning, and validation solutions
$24.3M
63/100
3rd
Logo for Refuel
Refuel
2021, San Francisco (United States), Acquired
Provider of a platform using LLMs to transform enterprise data
$5.2M
57/100
4th
Logo for PublicAI
PublicAI
2023, Hong Kong (China), Funding Raised
Decentralized platform for outsourcing multiple tasks
-
-
43/100
5th
Logo for Surge
Surge
2020, San Francisco (United States), Funding Raised
Provider of a cloud-based platform to label machine learning data
-
41/100
6th
Logo for HEU Technologies
HEU Technologies
2009, Hyderabad (India), Unfunded
Offers humanoid robots and robotic training & courses
-
-
34/100
7th
Logo for LightTag
LightTag
2018, Berlin (Germany), Acquired
Provides a task management tool
-
-
34/100
8th
Logo for Attentio
Attentio
2023, United States, Unfunded
Platform offering AI training services
-
-
33/100
9th
Logo for Labellerr
Labellerr
2019, Wilmington (United States), Seed
Provider of data annotation platform, image annotation, and annotation services
$225K
32/100
10th
Logo for Equature
Equature
1969, Southfield (United States), Unfunded
Provider of AI-powered software for communications recording and transcription solutions
-
-
31/100
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iMerit's Investments and acquisitions

iMerit has acquired Ango. iMerit has not made any investments as of now.

Reports related to iMerit

Here is the latest report on iMerit's sector:

News related to iMerit

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Media has covered iMerit for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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