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Feb 21, 01:12 AM
Mercor AI Raises $100M in Series B Funding at $2B Valuation, Achieving $75M+ Revenue Run Rate and 51% MoM Growth
VC
AI Fundraising
Business
AI

Mercor AI Raises $100M in Series B Funding at $2B Valuation, Achieving $75M+ Revenue Run Rate and 51% MoM Growth

Authors
  • Y Combinator
  • Techmeme
  • Alexia Bonatsos
20

Mercor AI, a recruitment platform utilizing artificial intelligence to connect talent with global job opportunities, has successfully raised $100 million in a Series B funding round, achieving a valuation of $2 billion. The company, founded by Brendan Foody, Adarsh Hiremath, and Surya Midha, has demonstrated impressive growth, with a revenue run rate exceeding $75 million and a month-over-month growth rate of approximately 51% over two consecutive quarters. This funding round was led by General Catalyst and included participation from Felicis Ventures. The investment aims to further enhance Mercor's capabilities in automating the hiring process and maximizing human potential through AI technology.

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