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AI hiring startup Mercor now valued at $2 billion after strong recent growth

  • Mercor, an AI hiring startup, secured $100 million in Series B funding and reached a valuation of $2 billion, up from $250 million five months ago.
  • The company processed 300,000 candidates and conducted over 100,000 interviews since its launch, according to CEO Brendan Foody.
  • CEO Brendan Foody noted that Mercor has grown more than 51% in revenue month-over-month over the past six months.
  • Mercor's technology aims to automate hiring processes to become more effective and reduce bias, as mentioned by Foody.
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CNBCCNBC

AI hiring startup Mercor now valued at $2 billion after strong recent growth

The new round of capital will allow Mercor to further develop the company's AI technologies that vet candidates and improve predictions.

·United States
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TechCrunchTechCrunch

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

·United States
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BloombergBloomberg

AI Startup Led by 21-Year-Old Thiel Fellow Lands $2 Billion Valuation

Artificial intelligence-powered hiring startup Mercor has notched a valuation of $2 billion in a new funding round — a massive markup for the small San Francisco-based team and the latest sign of continuing AI exuberance.

·United States
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SiliconANGLESiliconANGLE

AI recruiting startup Mercor nabs $100M investment at $2B valuation - SiliconANGLE

Mercor Inc., a startup using artificial intelligence to streamline companies’ recruiting efforts, today announced that it has raised $100 million in funding. The Series B round was led by Felicis. General Catalyst, DST Global, Benchmark and Menlo Ventures chipped in as well. Mercor is now reportedly valued at $2 billion, eight times what it was […] The post AI recruiting startup Mercor nabs $100M investment at $2B valuation appeared first on Sil…

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Bloomberg broke the news in United States on Thursday, February 20, 2025.
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