Mercor Raises $30 Million in Series A
Mercor, a San Francisco, CA-based AI hiring platform, has raised $30 million in Series A funding at a $250 million valuation.
The round was led by Victor Lazarte and Bill Gurley at Benchmark, with participation from General Catalyst and prominent investors including Peter Thiel, Jack Dorsey, and Larry Summers.
Victor Lazarte from Benchmark will be joining Mercor’s board.
Founded by Brendan Foody, Adarsh Hiremath, and Surya Midha, Mercor provides an AI hiring platform designed to enable top tech companies and leading AI labs to hire experts across various fields, including software engineering, law, chemistry, and finance. Mercor aims to enhance hiring processes by leveraging AI to evaluate candidates beyond traditional resumes. Since its launch, the platform has expanded its candidate pool to over 300,000 and created thousands of jobs globally.
Funding Details
Company: Mercor
Raised: $30.0M
Round: Series A
Funding Date: September 2024
Lead Investors: Victor Lazarte, Bill Gurley
Additional Investors: General Catalyst, Peter Thiel, Jack Dorsey, Larry Summers
Company Website: https://www.mercor.com/
Software Category: AI Hiring