Mercor

Mercor is an AI hiring platform that automates the recruitment process for companies through its sophisticated AI interviewer and resume analysis technology. The platform uses large language models, including GPT series and Meta's Llama models, to assess candidates' skillsets and predict their performance in specific roles. Through its platform, candidates upload their resumes and participate in 20-minute video interviews with Mercor's AI, which splits the time between discussing the candidate's experience and responding to relevant case studies. The system automatically pulls information from multiple sources including resumes, GitHub profiles, and personal portfolio websites to create comprehensive candidate profiles. As of September 2024, Mercor's platform had evaluated over 300,000 candidates and conducted more than 100,000 interviews, creating thousands of jobs globally. The company operates a marketplace model where it matches qualified candidates with employers for roles ranging from short-term contracts to full-time positions. Mercor generates revenue through a 35% broker fee and achieved a revenue run rate in the tens of millions by September 2024, growing at 50% month-over-month while maintaining profitability. The company began as a service matching engineers in India with startups needing freelance coding help in January 2023, reaching a USD 1 million revenue run rate within its first few months.

Key customers and partnerships

Mercor's platform serves multiple industries including consulting, engineering, finance, and law firms. Several leading AI labs have utilized Mercor to find professional writers and videographers. The company's largest talent pools are based in India and the US. In August 2024, Mercor launched an initiative to recruit 300 MBA students and graduates for a high-impact research project.