Co-founders Adarsh Hiremath, Brendan Foody, and Surya Midha (left to right). Photo courtesy of ULY, INC.
<p><strong><span class="legendSpanClass"><span class="xn-location">SAN FRANCISCO</span></span></strong> &#8212; <u>Mercor</u> has secured a <span class="xn-money">$30 million</span> Series A round at a <span class="xn-money">$250 million</span> valuation. The round was led by <span class="xn-person">Victor Lazarte</span> and <span class="xn-person">Bill Gurley</span> at Benchmark, with participation from General Catalyst, <span class="xn-person">Peter Thiel</span>, <span class="xn-person">Jack Dorsey</span>, <span class="xn-person">Adam D&#8217;Angelo</span>, <span class="xn-person">Larry Summers</span>, <span class="xn-person">Chris Re</span>, and others. <span class="xn-person">Victor Lazarte</span> at Benchmark will be joining the board to continue supporting Mercor&#8217;s growth and development.</p>
<p>[<strong>Photo above</strong>: Co-founders Adarsh Hiremath, Brendan Foody, and Surya Midha (left to right). ]</p>
<p>Mercor is an AI hiring platform that enables top tech companies and leading AI labs to hire experts across software engineering, law, chemistry, finance, and many other professions.</p>
<p>&#8220;We believe that every applicant deserves the opportunity to be interviewed when applying for jobs,&#8221; said <span class="xn-person">Brendan Foody</span>, Mercor&#8217;s co-founder and CEO. &#8220;The current hiring process selects candidates based on traditional resume signals, and not human ability. AI can do better.&#8221;</p>
<p>Co-founders <span class="xn-person">Brendan Foody</span>, <span class="xn-person">Adarsh Hiremath</span>, and Surya Midha met in high school in the Bay Area doing competitive debate, and began ideating on company-building as college freshmen at <span class="xn-location">Georgetown</span> and <span class="xn-org">Harvard</span>. In 2023, they dropped out and began building Mercor. Earlier this year, all three founders received the Thiel Fellowship.</p>
<p>Since their launch, they&#8217;ve added upwards of 300,000 people to their candidate pool and created thousands of jobs globally. The team uses AI models to better assess a candidate&#8217;s skill set and predict their ability to perform well in a given role.</p>

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