Funding round
Mercor Series B
Mercor, which works in AI-Powered talent matching services in San Francisco, raised $100M in a Series B round announced on 20 Feb 2025, led by Felicis, at a $2.00B post-money valuation. 5 firms took part. It is Mercor's third venture round on record; the one before was a Series A in Sep 2024.
$100M
Amount raised
$2.00B
Post-money valuation
$1.90B pre-money
5
Investors
1 lead
5.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Mercor at $2.00B after the new money. The $100M bought investors about 5.0% of the company. It came 5 months after Mercor's Series A. It is 21% of the $484M Mercor has raised in the venture rounds on record. Mercor raised again 8 months later: a Series C round of $350M in Oct 2025, at $10.00B post-money.
Mercor's funding rounds
Mercor has 4 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
Felicis led the round with 4 other firms.
Lead investor
- Felicis backs 237 venture-backed companies new investor
Also in the round
- Benchmark new investor
- General Catalyst backs 574 venture-backed companies new investor
- DST Global backs 179 venture-backed companies new investor
- Menlo Ventures backs 215 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
7 Series B rounds in Employment Agencies & HR Consulting within a year either side disclosed an amount; the median was $11M, and this round was 9.3 times the median. The closest in time, other companies' Series B rounds in Employment Agencies & HR Consulting:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Employment Agencies & HR Consulting | 16 Jun 2025 | $23M | not disclosed | Rethink Impact |
| Employment Agencies & HR Consulting | 17 Oct 2025 | $25M | not disclosed | JIC Venture Growth Investments and Angel Bridge |
| Employment Agencies & HR Consulting | 22 May 2024 | $37M | not disclosed | Round2 Capital |
| Employment Agencies & HR Consulting | 1 Nov 2025 | $5.0M | not disclosed | not named |
| Employment Agencies & HR Consulting | 19 Dec 2025 | $11M | not disclosed | Aavishkaar Capital |
| Employment Agencies & HR Consulting | 1 Apr 2024 | $2.0M | not disclosed | not named |
| Employment Agencies & HR Consulting | 1 Feb 2024 | $4.3M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Mercor raise in its Series B round?
Mercor raised $100M in its Series B round, announced in Feb 2025.
Who led Mercor's Series B round?
Felicis led it, with Benchmark, General Catalyst, DST Global and Menlo Ventures.
What was Mercor's valuation at the Series B round?
$2.00B post-money ($1.90B pre-money).
How does it compare with other Series B rounds in Employment Agencies & HR Consulting?
7 Series B rounds in Employment Agencies & HR Consulting within a year either side disclosed an amount; the median was $11M, and this round was 9.3 times the median.
Did Mercor raise again after this round?
Yes: a Series C round in Oct 2025 of $350M at $10.00B post-money.