Mercor, a San Francisco, CA-based HR Tech startup, closed a $30m Series A funding round, at a $250m valuation.
The round was led by Benchmark with Victor Lazarte joining the board. Other participants in the round included Peter Thiel, Jack Dorsey, Adam D’Angelo, Larry Summers, and others.
The company intends to use the funds to expand operations and its business reach.
Mercor provides an AI powered platform that uses advanced algorithms to review hundreds of thousands of profiles, conduct personalized interviews, and connect candidates with the right opportunities, reducing bias and inefficiencies inherent in traditional recruiting.
Users can upload their resume and complete a 20 minute interview. Afterwards, Mercor will send the application to thousands of companies to find the best roles for the candidate.
FinSMEs
19/09/2024