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HomeFunding California-based Mercor Secures $3.6M in Funding

[Funding alert] California-based Mercor Secures $3.6M in Funding

Mercor, a California-based company, secures $3.6 million. Leading the round was General Catalyst, with participation from Soma Capital, Link Ventures, 2 | Twelve Angels, and Scott Sandell (Chairman, CEO, and CIO of NEA).

Mercor, a California-based company, secures $3.6 million. Leading the round was General Catalyst, with participation from Soma Capital, Link Ventures, 2 | Twelve Angels, and Scott Sandell (Chairman, CEO, and CIO of NEA).

The funds will be utilised by the business to grow both its operations and growth initiatives.
Adarsh Hiremath (CTO), Brendan Foody (CEO), and Surya Midha (COO) founded Mercor in January 2023. The company has developed an AI vetting infrastructure that places candidates at the top of the employment funnel for extensive inspection.

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For instance, its AI interviewer joins a video chat and engages in a real-time discussion with the candidate based on comprehensive details about their background, particularly their most noteworthy personal projects and previous employment histories.

To build a comprehensive profile of each applicant, the platform’s crawlers automatically gather data from resumes, GitHub pages, personal portfolio websites, and more.

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This makes it possible for the platform to sift through millions of profiles, perform thousands of interviews, and identify the one or two people worldwide who are the ideal fit for a given position.

About Mercor

Mercor is a better approach to hire. They are a platform driven by AI that locates, screens, and compensates your next hire.

Read also – WA-based Avante Secures $10m in Seed Funding

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