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Encord

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Multimodal data management and curation platform for AI

London, United KingdomFounded 2020AI
Valuation $250–500M Last recorded · 2026
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Encord and the history behind them.

About Encord

Encord is an AI-native data infrastructure platform for Physical AI, used by enterprises building robotics, autonomous vehicles, ADAS, humanoid robots, drones, and warehouse automation systems. The platform enables teams to curate, manage, annotate, and evaluate the multimodal data required to train and deploy real-world AI models, including video, 3D point clouds, sensor streams, LIDAR, telemetry, DICOM, and document data.

Encord supports the full data lifecycle for Vision-Language-Action (VLA) models, foundation models, and embodied AI systems. The platform spans three core products: Encord Annotate for collaborative multimodal annotation, Encord Active for data curation and quality evaluation, and Encord Index for petabyte-scale dataset search and management. The company positions itself as the universal data layer for production-grade Physical AI, addressing the infrastructure gap left by cloud-era data tools designed for text and tabular workloads.

Customers include enterprises across robotics, autonomous systems, healthcare, life sciences, and defense. Encord reports managing over five petabytes of multimodal data on behalf of customers, with tenfold revenue growth from Physical AI customers over the past year. The company operates a B2B enterprise sales model.

Encord was founded in 2020 by Eric Landau (CEO) and Ulrik Stig Hansen (President), both of Imperial College London, and is headquartered in London with an office in San Francisco. The company has raised $110 million in total funding across Seed, Series A, Series B ($30M, August 2024, led by Next47), and Series C ($60M, February 2026, led by Wellington Management, with participation from Y Combinator, CRV, Next47, Crane Venture Partners, Harpoon Ventures, Bright Pixel Capital, and Isomer Capital).

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
London, United Kingdom
Employees
194
Open positions
42
Dealroom signal
93.5/100
Industry
Enterprise Software
Sector
AI, Developer Tools, Core AI, Workflow, MLops, AI Model Training and Development, YC W21, uk is8 digital and technologies
Technology
Artificial Intelligence, Machine Learning
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Feb 2026 $60M $240M Y Combinator · CRV · N47 · Isomer Capital ↗
SERIES BOther financing Aug 2024 $30M $120M CRV · Y Combinator · Crane Venture Partners · N47 ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Encord website traffic

Latest recorded traffic for Encord is 260K monthly website visits, up 13% over the last three months. Encord's team grew 49.2% over the past year.

Latest monthly visits260K 3-month web change+13% 1-year team growth+49.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Series A2 investors entered at this stage

  • Harpoon
  • N47

Series B and later3 investors entered at this stage

Team profiled 23 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇬🇧 United Kingdom66.9%
🇺🇸 United States25.2%
🇮🇳 India3.6%
🇵🇰 Pakistan1.4%
🇵🇹 Portugal0.7%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Encord on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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