Mercor Funding History

Mercor operates an AI recruitment marketplace that finds, interviews and pays specialized workers.

Company Overview

Founded 2023 · San Francisco, California, US

Official Website

Mercor Funding Timeline

  1. Oct 27, 2025

    Series C

    $350M · $10B valuation

    Mercor said the funding would expand its talent network and improve the speed and accuracy of matching people to work.

    Led by Felicis. Participation included Benchmark, General Catalyst.

    Source · mercor.com ↗
  2. Announced Feb 20, 2025

    Series B

    US$100 million

    Mercor raised the round as it built tools to find and evaluate specialists for AI labs, including lawyers, mathematicians and consultants.

    Led by Felicis. Participation included Benchmark, General Catalyst, DST Global, Menlo Ventures.

    Source · techcrunch.com ↗
  3. Announced Sep 19, 2024

    Series A

    US$30,000,000

    Benchmark’s Victor Lazarte was set to join Mercor’s board alongside the round.

    Led by Benchmark. Participation included General Catalyst, Peter Thiel, Jack Dorsey, Adam D’Angelo, Larry Summers, Chris Re.

    Source · prnewswire.com ↗
  4. Announced Jan 10, 2024

    Funding Round

    US$3,600,000

    Mercor disclosed the financing as it launched its AI hiring platform, which screened and matched candidates to employers.

    Led by General Catalyst. Participation included Scott Sandell, Soma Capital, Link Ventures, 2 | Twelve Angels.

    Source · mercor.com ↗

Mercor Founding Team

Brendan Foody, Adarsh Hiremath, and Surya Midha began building Mercor while at Harvard and Georgetown. They bootstrapped the recruiting platform from their dorm rooms before raising outside capital.

Mercor Products

  • Mercor

    Find and interview specialists, then handle their contracts and payments.

Mercor Company Development

Candidate Screening Expands into Contract Work

Mercor developed an AI-mediated marketplace that interviews candidates and matches specialized talent with hiring organizations. Its contracting and payments capabilities extend the product beyond a hiring recommendation to supporting the ongoing engagement.

Mercor Competitive Landscape

Sourcing Software and a Talent Marketplace

Juicebox helps a recruiter find and contact candidates. Mercor operates a marketplace with interviews, contracts and payments, which can carry the hiring organization further into the actual engagement.