Mercor raised $30M in a Series A funding round led by Benchmark to expand its HR Tech operations.
Amount Raised
$30 Million
Round Type
Series A
San FranciscoSoftwareArtificial IntelligenceEnterprise SoftwareHuman ResourcesMachine LearningSaaSInvestors
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.
Quick answer
Mercor raised $30 Million in a Series A round, dated September 19, 2024. Investors: Victor Lazarte, Jack Dorsey, Thiel Capital, Adam D’angelo, Larry Summers, Thiel Capital and Benchmark. Mercor is based in San Francisco, California, United States.
- How much did Mercor raise?
- Mercor raised $30 Million in a Series A round on September 19, 2024.
- Who invested in Mercor?
- Victor Lazarte, Jack Dorsey, Thiel Capital, Adam D’angelo, Larry Summers, Thiel Capital and Benchmark are named as investors in this round.
- What does Mercor do?
- Mercor is an HR Tech startup based in San Francisco that provides an AI-powered platform aimed at improving the recruitment process.
- Where is Mercor based and how big is it?
- Mercor is based in San Francisco, California, United States. Fundz records about 9,300 employees.
- Who are the decision-makers at Mercor?
- Fundz holds 5 contacts at Mercor, including the Software Engineer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Enterprise Software and Human Resources around the same time
Companies in the same sectors as Mercor that raised within 45 days of this round, from Fundz verified event records.
Who to call at Mercor, and when
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- An alert the day Mercor raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mercor, from your own LinkedIn network
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Funding Insights
What this usually meansMercor raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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