Mercor Raises $3.6 Million in Funding

by Kay Aloha Villamor in January 15th, 2024

Mercor, a San Francisco, CA-based hiring platform that uses AI to assess and match talent with companies, has raised $3.6 million in funding.  

SaaS Investors  

The round was led by General Catalyst, with participation from Scott Sandell (CEO of NEA), Soma Capital, Link Ventures, and 2 | Twelve.  

General Catalyst is a venture capital firm based in San Francisco, California. Founded in 2000, the firm prefers to make investments in seed-stage, early-stage, later-stage, and growth-stage companies operating in consumer, enterprise, fintech, crypto, health assurance, software, transportation, big data, and technology sectors.  

Mercor’s vision is to make hiring a simple, fast, and meritocratic process. They aim to become labor matchmakers, uniting people worldwide with roles that perfectly align with their skills and expertise.  

About Mercor  

Founded in January of 2023 by Brendan Foody, Adarsh Hiremath, and Surya Midha, Mercor is an AI-powered platform focused on simplifying the hiring process. It specializes in finding, vetting, and paying skilled professionals globally. Mercor automates the hiring process, using AI to conduct interviews and create a complete picture of every applicant by pulling information from resumes, GitHub, personal portfolio websites, and more. Companies can find candidates in seconds using natural language queries, and the platform handles payments for successful hires. Mercor has a talent pool of 100,000 users spanning 25 countries.  

Funding Details                                 

Company: Mercor  

Raised: $3.6M        

Round: Unknown  

Funding Month: January 2024                                

Lead Investors: General Catalyst  

Additional Investors: Scott Sandell, Soma Capital, Link Ventures, and 2 | Twelve     

Company Website:   

Software Category: Hiring Platform  


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