Publicly available financial reports or press releases from Mercor

Mercor Raises $30M Series A at $250M Valuation Led by Benchmark's Victor Alazarte

Sep 18, 2024, 04:27 PM

Mercor, an AI-driven company focused on solving global labor matching with models that understand human ability, has raised $30 million in Series A funding at a $250 million valuation. The funding round was led by Benchmark, with board member Victor Alazarte, and participation from prominent investors including Peter Thiel, Jack Dorsey, Adam D'Angelo, and Lawrence H. Summers. Mercor's AI interviewer technology has already vetted 300,000 job candidates. The company is led by Brendan Foody, Adarsh Hiremath, and Surya Midha.