Mercor, an AI recruiting startup founded by 21-year-olds, raises $100M at $2B valuation

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Mercor, the AI recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B round, the company confirmed to TechCrunch.

Menlo Park-based Felicis led the round, valuing Mercor at $2 billion — eight times its previous valuation, The Wall Street Journal previously reported. Existing investors Benchmark and General Catalyst, as well as DST Global and Menlo Ventures participated.

General Catalyst led the company’s $3.6 million seed round in 2023, while Benchmark backed its $32 million Series A in 2024…



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Mercor, an AI recruiting startup founded by 21-year-olds, raises $100M at $2B valuation


Mercor, the AI recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B round, the company confirmed to TechCrunch.

Menlo Park-based Felicis led the round, valuing Mercor at $2 billion — eight times its previous valuation, The Wall Street Journal previously reported. Existing investors Benchmark and General Catalyst, as well as DST Global and Menlo Ventures participated.

General Catalyst led the company’s $3.6 million seed round in 2023, while Benchmark backed its $32 million Series A in 2024…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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