About Encord
Encord is a company based in London (United Kingdom) founded in 2020 by Ulrik Stig Hansen and Eric Landau.. Encord has raised $99.3 million across 5 funding rounds from investors including WndrCo, Next47 and Y Combinator. Encord offers products and services including Encord Platform, Annotate, and Model Evaluation. Encord operates in a competitive market with competitors including Superb AI, Sama, Gongdadi, PowerAnnotate and DataVLab, among others.
- Headquarter London, United Kingdom
- Founders Ulrik Stig Hansen, Eric Landau
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Cord Technologies Limited
- Date of Incorporation 25 Nov, 2019
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$99.3 M (USD)
in 5 rounds
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Latest Funding Round
$51 M (USD), Series C
Dec 03, 2025
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Investors
WndrCo
& 6 more
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Employee Count
Employee Count
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Products & Services of Encord
Encord offers a comprehensive portfolio of products and services, including Encord Platform, Annotate, and Model Evaluation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for managing and curating multimodal data for AI training.
Accelerates data labeling projects using custom AI models.
Monitors AI model performance with metrics and dashboards.
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Funding Insights of Encord
Encord has successfully raised a total of $99.3M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $51 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $51.0M
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First Round
First Round
(01 Jun 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2025 | Amount | Series C - Encord | Valuation |
investors |
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| Aug, 2024 | Amount | Series B - Encord | Valuation | Next47 | |
| Oct, 2021 | Amount | Series A - Encord | Valuation | CRV , Harpoon |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Encord
Encord has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include WndrCo, Next47 and Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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CRV is recognized as a venture capital firm investing in technology startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Encord
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Encord
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Encord Comparisons
Competitors of Encord
Encord operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Superb AI, Sama, Gongdadi, PowerAnnotate and DataVLab, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Computer vision platforms for AI training data management are provided.
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| domain | founded_year | HQ Location |
Data annotation and model evaluation services for AI are provided.
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| domain | founded_year | HQ Location |
Cloud-based AI training for video and image models is enabled.
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| domain | founded_year | HQ Location |
An automated platform for efficient data annotation solutions.
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| domain | founded_year | HQ Location |
AI-powered data labeling and annotation services for machine learning models.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Encord
Frequently Asked Questions about Encord
When was Encord founded?
Encord was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Encord located?
Encord is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Encord?
Eric Landau is the current CEO of Encord. They have also founded this company.
Is Encord a funded company?
Encord is a funded company, having raised a total of $99.3M across 5 funding rounds to date. The company's 1st funding round was a Series A of $13.68M, raised on Jun 01, 2021.
What does Encord do?
Encord was founded in 2020 and is headquartered in London, United Kingdom. A cloud-based platform is operated to deliver machine learning-driven solutions for image annotation, video object tracking, and segmentation. These tools support sectors including healthcare, government, and computer vision, enabling data intelligence through analytics processing. Operations focus on scalable infrastructure for handling visual data workflows.
Who are the top competitors of Encord?
What products or services does Encord offer?
Encord offers Encord Platform, Annotate, and Model Evaluation.
Who are Encord's investors?
Encord has 7 investors. Key investors include WndrCo, Next47, Y Combinator, CRV, and Crane Venture Partners.
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