Mercor: Meet the 3 21-year old dropouts that just raised at a $250M valuation

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Hi 👋, this is the Today in AI Newsletter: The weekly newsletter bringing you one step closer to building your own startup.

We analyze a cool, industry-shaping AI startup every week, with a full breakdown of what they do, how they make money, how much they’ve raised, and the opportunity ahead. 

Let’s get to the good stuff in this email: 

• This AI startup plans to replace recruiters forever

• They already have over 300K customers with a 7-figure run rate

• They’ve just raised a $30M Series A at a $250M valuation

So what’s the startup and who are the founders behind it? Here’s the story of Mercor 📈

There’s a huge industry around staffing where people, to this day, manually review resumes, manually conduct interviews and manually match people with the right jobs.

💡 This all changes with Mercor.

Mercor was founded in 2023 by Brendan Foody, Adarsh Hiremath and Surya Midha, to build and train LLMs that automate all those processes. 🤖