Mercor raised $30M in a Series A funding round led by Benchmark to expand its HR Tech operations.

Sep 19, 2024•11 months ago

Amount Raised

$30 Million

Round Type

series a

San FranciscoHuman ResourcesMachine LearningEnterprise SoftwareSaasArtificial IntelligenceSoftware

Investors

Larry SummersAdam D’angeloJack DorseyPeter ThielVictor LazarteBenchmark

Description

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 Information

Company

Mercor

Location

San Francisco, California, United States

About

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.

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