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…