🚀 Mercor Soars: $10B Valuation in Series C Funding!
Artificial intelligence startup Mercor has just completed a successful Series C funding round, now valued at a staggering $10 billion, a fivefold increase since February. Here’s what you need to know:
- Funding Details: Raised $350 million, led by Felicis, with participation from Benchmark, General Catalyst, and Robinhood Ventures.
- Expansion Goals: Investments will focus on:
- Growing their talent network
- Enhancing matching systems for experts and training
- Accelerating project delivery
- Talent to Technology: Initially a hiring company, Mercor now manages over 30,000 contractors who contribute to training AI models and improving human-like reasoning in AI systems.
As large competitors face challenges, Mercor is poised for growth.
🔗 Join the conversation! Share your thoughts on AI’s evolution and what this funding means for the industry. Let’s discuss how startups can reshape the future of technology!
