Mercor Closes $30M Series A at $250M Valuation

Mercor, a San Francisco-based HR Tech startup, secured a $30M Series A round at a $250M valuation.

Benchmark led the funding round, with notable investors like Peter Thiel, Jack Dorsey, Adam D'Angelo, and Larry Summers participating. Benchmark's Victor Lazarte will join Mercor's board.

Mercor plans to use the funds to expand its operations and business reach. The company's AI-driven platform streamlines recruiting by reviewing profiles, conducting interviews, and connecting candidates with suitable job opportunities.