Encord, founded in 2021, positions itself as "The data layer for physical AI", offering a platform that transforms messy, multimodal data into robust AI production systems. This capability is crucial for the advancement of technologies like humanoid robots, autonomous vehicles, and smart infrastructure. With over 300 teams, including big names like Toyota, Skydio, and Maxar, relying on its solutions, Encord has proven its value in the rapidly growing fields of AI, Computer Vision, and Machine Learning.
Headquartered in the United States with presence in San Francisco, New York, and London, the company has successfully raised $110M to date. Its most recent $60.00M Series C round, closed on February 1, 2026, featured leading investors like Crane Venture Partners, CRV, Y Combinator, Wellington Management, Isomer Capital, and Bright Pixel Capital. This investment spotlights the confidence in Encord's innovative data solutions and its potential for further growth in the AI industry.