Competitive research

Mercor gives away the benchmark. It sells the data.

A teardown of how Mercor builds, checks, launches and sells its APEX benchmarks, read from its site, papers and repositories.

PUBLIC · on the leaderboard LICENSED · sold privately 240 tasks eval only, CC-BY 2,620 licensable for training APEX-Agents. Squares drawn to scale by area. The public set is about 9% of what Mercor licenses.
9%

The public APEX-Agents set is 9% of the licensable dataset. The benchmark is marketing; data licensing is the business. Verified

43

Benchmark pages in four sections. How much a page shows depends on how much of the benchmark Mercor owns. Verified

−38 pts

Average drop for three frontier models from public Terminal-Bench 2.1 to Mercor's held-out version. Verified

98.5%

AI judge agreement with experts on APEX-Agents, from 747 labels. Quality claims come with numbers. Verified

20%

Share of APEX-Agents tasks re-solved from scratch by experts who never saw them. 10% needed fixes. Verified

1–2 d

arXiv goes up 1 to 2 days before launch. Blog, board and data go live together. Agent-sourced

100 vs 160

APEX-Accounting's task count on its page against its paper. Mercor's own numbers disagree in four places. Verified

01 · Footprint

Four businesses under one name

Benchmarks sit under "Research", next to an expert marketplace, an enterprise arm and a program that buys companies' workplace data.

Research

APEX

Benchmarks, leaderboards, methodology, off-the-shelf data.

Enterprise

Build, Hire, Train, Evaluate

Custom agents in production in 4 to 6 weeks. "Evaluate … with APEX".

Experts

Marketplace

Experts find paid work on work.mercor.com.

Data monetization

Buys company data

Pays firms for Slack, Gmail, Salesforce and GitHub data, then licenses it to labs.

50K+tasks
30+domains
5M+experts on one page
4M+on another page
02 · Catalog

43 benchmarks, three depths of page

Most of the catalog is other people's benchmarks run by Mercor. Only 8 pages are Mercor's own or a partner's, and those are the only ones with the full treatment. Verified

Industry partner · 6Mercor-built · 2Mercor-extended · 10Open-source, run by Mercor · 25
What the page showsOwn + partner (8)Extended (10)Open-source (25)
Audit of all 43 detail pages on 12 Nov 2026. Each dot is a share of pages in that section.
03 · The extended trick

Same models, fresh tasks, half the score

Ten "Mercor-extended" pages put each model's score on a public benchmark next to its score on Mercor's held-out tasks. The drop sells fresh data without saying so. Verified

Terminal-Bench 2.1, mercor.com, 12 Nov 2026. Left: score on the public original. Right: score on Mercor's held-out version.
04 · Methodology spec

Eleven fields, filled on every card

The methodology page has 31 benchmark cards. Every card fills the same 11 fields. One rule applies everywhere: maximum reasoning effort, with repeats averaged into pass@1, never best-of. Verified

SOURCE
Mercor
TASKS
400
RUNS
k = 4
METRIC
Mean Score
MODALITY
Text + reference files
TASK FORMAT
Single-turn
QUESTION FORMAT
Open-ended deliverables
CANONICAL HARNESS
Single-shot agent
GRADING
Expert rubrics, per criterion
JUDGE
LLM judge over rubrics
RELEASED
September 2025
The APEX-1 card as Mercor publishes it.
Runs per task across 31 cards. Pass@1 is the metric on 22. A named judge model appears on 18, most often Gemini 3.5 Flash.
05 · Commercial model

The leaderboard is the shop window

The public set is licensed for evaluation only and gated on Hugging Face. Training rights to the full dataset are what Mercor sells. No price appears anywhere. Verified

Licensable volumes from the off-the-shelf data page. Teal is the public set where Mercor states it. Bars to scale.
The sales ladder, all on one page. Each step is a bigger commitment.
Supply side

Mercor pays companies for their workplace data

mercor.com/data asks firms to connect Slack, Gmail, Salesforce, GitHub, Drive, Notion and 100+ other tools. The data is de-identified automatically and licensed to labs. Payment comes 2 to 4 weeks after signing, with referral bonuses. Target industries: legal, healthcare, finance, professional services, manufacturing, retail, real estate, logistics.

06 · Partners

One label, three different deals

Every partner card says "In partnership with [logo]". Behind it, who built the benchmark varies a lot. Partners are AI companies serving one industry each, plus Google.

Partner builds · Mercor hosts

Harvey LAB · FrontierCode · τ³-Banking

  • Harvey's lawyers wrote 1,749 tasks from real client matters.
  • 20+ open-source maintainers wrote FrontierCode's 150 private tasks for Cognition.
  • Sierra published τ³-Banking with an open dataset and harness.
  • Cognition's and Sierra's own posts don't mention Mercor. Agent-sourced
Built together

Physical-Engineering's Last Exam · Google

  • "Google built it in collaboration with Mercor."
  • 85 tasks, 29 public, run on Mercor's Archipelago environment.
  • Same-day blogs from both companies on 3 Nov 2026. The only true co-launch. Agent-sourced
Mercor builds · partner contributes

APEX-Accounting · Ramp, APEX-SWE · Cognition

  • APEX-Accounting "builds on the evaluation system Ramp developed" for its Stack product.
  • Mercor staff wrote both papers.
  • The methodology page credits Mercor alone as the source. Verified
Partner's share of the buildMercor's shareShares are illustrative.
07 · Quality before publishing

Twelve gates, reconstructed from six papers

Mercor publishes no checklist. Its papers describe the same sequence every time, and most steps come with a number. The three with the strongest numbers are outlined.

Also from the papers: PLE paid about $4,663 per expert-written task and $3,157 per co-written task. Benchmarks used 42 to 256 experts each. Top scores at launch: Agents 24%, SWE 25%, PLE 48%, Accounting 56%. Agent-sourced

08 · Launch playbook

Paper first, then everything at once

Six launches across 14 months. The core package usually lands within a week. Open data sometimes trails by six to ten weeks. Agent-sourced dates

Dates from arXiv, Mercor blogs, Hugging Face and GitHub records.
T−7 to T−1Private repos created
T−2 to T−1arXiv paper live
T0Blog, board, data and code together
T+1 to T+2Press follows
Weeks afterarXiv revised, up to v6

Versioning. A new version gets a new Hugging Face repo, and the blog post doubles as the changelog. The leaderboard URL is reused and old scores are replaced. APEX-Agents v1.1 removed scores for models caught "scattergunning". There are no changelog files, no pointers from old versions to new, and no DOIs.

Partner launches mostly go out on the partner's own channels first. Mercor adds a hosted board weeks or months later. Inferred from archive captures

09 · Weaknesses

Where the polish cracks

Eight visible problems. Most come from keeping the same fact in several places.

Release dates disagree

APEX-Accounting is "Released March 2026" on the methodology page. Its paper and blog are from July 2026.

Task counts disagree

APEX-Accounting: 100 tasks on its page, a 160-task private set in its paper. Verified

Expert counts disagree

"5M+ domain experts" on the data page, "4M+ experts" on the partner page. Verified

Origin is implied

APEX-Accounting sits under partners, but the methodology page credits Mercor alone. There is no origin field.

Thin third-party pages

35 of 43 pages have no uncertainty, no FAQ and no date.

No version hygiene

Old repos stay up with no pointer to the new version. No changelog files.

No quality data in the shop

The licensing catalog shows no per-dataset quality numbers. The rigor stays in the papers.

Judges from scored labs

Judges are mostly frontier models from labs that are also on the boards. Mercor discloses the risk.

10 · Unknowns

What the outside can't show

UnknownWho could tell us
Who signs off a release; any review board or partner vetoFormer Mercor research staff; the APEX PM role (closed)
Reviewers per task, reviewer scoring, offboarding thresholdsFormer Mercor contractors
Partner contracts: payment, ownership, co-publication rightsStaff at Ramp, Harvey, Cognition, Google Cloud AI Research
Licensing terms, exclusivity, pricingData buyers at AI labs
Difficulty threshold and discard ratesNot published
Revenue split across benchmarks, licensing, enterprise and data buyingNot public