COMPANY INFO
Mercor is a private AI-powered hiring platform company founded in 2023 by Brendan Foody, Adarsh Hiremath, and Surya Midha. Headquartered in San Francisco, it employs around 30 people and operates in the Business/Productivity Software industry. Mercor uses artificial intelligence to streamline the recruitment process by automating resume screening, candidate matching, and conducting AI-powered interviews, helping companies efficiently source and onboard talent globally. Its platform serves a diverse range of sectors, including AI labs and technology companies, by matching candidates with suitable roles and managing global payments compliance. The company's website is https://mercor.com.
Mercor is a private AI-powered hiring platform founded in 2022 by Brendan Foody, Adarsh Hiremath, and Surya Midha. Headquartered in San Francisco, Mercor specializes in business and productivity software, automating talent sourcing and recruitment processes through artificial intelligence. With around 30 employees, Mercor supports companies—especially those in the AI and technology sectors—by streamlining candidate matching, AI-powered interviews, and global payment compliance, making hiring more efficient across multiple industries.
Mercor’s funding history reflects significant growth and interest from top-tier investors. Since its inception, Mercor has raised a total of $136 million across three funding rounds. Its funding strategy has emphasized scaling the platform, expanding internationally, and driving innovation in AI-powered recruitment. The company’s investment rounds have included high-profile venture capital firms and angel investors, marking key milestones such as a substantial Series B round to support global expansion. Mercor’s approach has attracted a blend of institutional and strategic investors, further solidifying its leading position in the AI recruitment space.
This round aimed to expand platform capabilities and extend Mercor's global reach, with a particular focus on emerging markets in Europe and South America. The funds enable enhanced product development and greater international presence.
The Series A round focused on product development and scaling the business. Backed by an impressive roster of lead investors, this funding enabled Mercor to accelerate platform innovation and broaden its market reach.
Mercor’s seed funding supported the initial launch and early stage development of the company. General Catalyst and several influential angel investors backed this round, facilitating the foundation for Mercor’s growth.
Felicis Ventures led Mercor’s Series B round, bringing both capital and strategic expertise in global technology market expansion. They were instrumental in Mercor’s entrance into new international territories.
Benchmark is a noted venture capital firm and participated as a key investor, contributing strategic guidance and support as Mercor scaled operations.
General Catalyst led Mercor’s seed round and participated in later funding stages, offering deep experience in supporting high-potential software startups from inception through growth phases.
DST Global Partners joined Mercor’s group of prominent backers, supporting the company’s vision for transformative AI in recruitment.
Menlo Ventures invested in Mercor to help drive technological innovation and robust product development.
Soma Capital provided early capital and strategic advice, aiding in Mercor’s rapid product iteration and go-to-market strategies.
Link Ventures contributed to Mercor’s venture capital, helping the company leverage data-driven insights and network expansion.
2.12 Angels participated as early-stage backers and provided access to a broad network of AI-focused entrepreneurs and talent.
Victor Lazarte was among the lead investors in the Series A round, bringing entrepreneurial perspective and hands-on executive experience.
Bill Gurley, famed venture capitalist, played a strategic role as a Series A lead investor, offering guidance drawn from decades of enterprise technology experience.
Peter Thiel, prominent investor and entrepreneur, joined as a Series A lead, contributing visionary input and a valuable network in technology and AI.
Jack Dorsey, former Twitter CEO and tech visionary, participated as a lead investor in the Series A funding, sharing strategic insight on scaling digital platforms.
Adam D'Angelo, founder of Quora and former CTO of Facebook, invested in the Series A round, supporting Mercor’s AI-first approach to recruitment.
Larry Summers, former U.S. Treasury Secretary, joined as a lead Series A investor, contributing strategic economic guidance for scaling in global tech.
Chris Re, a prominent computer scientist and AI expert, invested in Mercor, helping to drive advanced AI solutions for recruitment.
Scott Sandell, renowned venture capitalist, participated as a key investor offering operational expertise and connections within the technology venture ecosystem.
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