Sept 19 (Askume) – Mercor said on Thursday it raised $30 million in a funding round that included entrepreneur Jack Dorsey and venture capitalist Peter Thiel, giving the artificial intelligence recruiting platform a valuation of $250 million.

The Series A round was led by Victor Lazarte and Bill Gurley of venture capital firm Benchmark, with participation from Quora CEO Adam D’Angelo and former Treasury Secretary Larry Summers, who are both OpenAI board members.

The funding round makes Mercor the latest in a series of private AI companies attracting significant investment to scale their operations. Earlier this month, Ceph Superintelligence, co-founded by former OpenAI chief scientist Ilya Sutskever, raised $1 billion in cash.

Mercor uses artificial intelligence to enable recruiters to hire candidates who work at companies such as Apple, Alphabet, Meta, Microsoft and Nvidia. The company said it has added more than 300,000 people to its candidate pool.

Last Update: September 19, 2024