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Funding

Mercor, an AI recruiting startup founded by 21-year-olds, raises $100M at $2B valuation


Mercor, the AI recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B round, the company confirmed to TechCrunch.

Menlo Park-based Felicis led the round, valuing Mercor at $2 billion — eight times its previous valuation, The Wall Street Journal previously reported. Existing investors Benchmark and General Catalyst, as well as DST Global and Menlo Ventures participated.

General Catalyst led the company’s $3.6 million seed round in 2023, while Benchmark backed its $32 million Series A in 2024…



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by Startup Story Media

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by The Economic Times

Greenfi, an AI-powered ESG risk management platform, has raised its first round of $2 million led by Transition VC. The Kerala-based startup’s artificial intelligence (AI)-powered environmental, social, and governance (ESG) compliance tool helps companies automate risk management and provide personalised, role-based recommendations on improving the user’s sustainability performance and addressing flagged risks. For instance, if a bank is investing $100 million in a solar power plant project, instead of having 20 people manually collecting data… Source link