Mercor raised $30M in a Series A funding round led by Benchmark to expand its HR Tech operations.
09/19/24, 7:46 AM
Location
san franciscoMoney raised
$30 million
Industry
human resources
machine learning
enterprise software
saas
artificial intelligence
software
Round Type
series a
Investors
Larry Summers, Adam D’angelo, Jack Dorsey, Peter Thiel, Victor Lazarte, Benchmark
Mercor, based in San Francisco, CA, closed a $30M Series A funding round at a $250M valuation. The round was led by Benchmark with participation from notable investors including Peter Thiel, Jack Dorsey, and Adam D’Angelo. The funds will be used to expand operations and business reach.
Company Info
Location
san francisco, california, united states
Additional Info
Mercor is an HR Tech startup based in San Francisco that provides an AI-powered platform aimed at improving the recruitment process. The platform utilizes advanced algorithms to review large volumes of candidate profiles and conduct personalized interviews. By doing so, it aims to reduce bias and inefficiencies that are commonly found in traditional recruiting methods. Candidates can easily upload their resumes and participate in a streamlined interview process.