Mercor raised $100M in a Series B funding round led by Felicis, achieving a valuation of $2B to enhance its AI recruiting services.
Mercor raised $100M in a Series B funding round led by Felicis, achieving a valuation of $2B to enhance its AI recruiting services.
02/22/25, 2:41 AM
Location
Money raised
$100 million
Industry
human resources
machine learning
enterprise software
saas
artificial intelligence
software
Round Type
series b
Investors
Menlo Ventures, Dst Global, General Catalyst, Benchmark, Felicis
Mercor, an AI recruiting startup founded by three 21-year-olds, has successfully raised $100 million in a Series B round. Led by Felicis, the funding values the company at $2 billion, significantly increasing from its previous valuation.
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.