Mercor, an AI hiring platform, announced on September 19, 2024, that it has raised $30 million in a Series A funding round, increasing its valuation to $250 million.
The funding round featured notable investors, including entrepreneur Jack Dorsey and venture capitalist Peter Thiel. It was led by Benchmark's Victor Lazarte and Bill Gurley, with participation from Quora CEO Adam D'Angelo and former Treasury Secretary Larry Summers, both of whom serve on the board of OpenAI.
This investment highlights the growing interest in AI-driven hiring solutions and positions Mercor as a significant player in the recruitment technology space.