Mercor, an AI-driven recruitment platform, has secured $30 million in a Series A funding round, bringing its valuation to $250 million. The round attracted high-profile investors, including tech figures Jack Dorsey, Peter Thiel, Quora CEO Adam D’Angelo, and former Treasury Secretary Larry Summers. Benchmark’s Victor Lazarte and Bill Gurley led the round.

The platform uses AI to help companies recruit talent from leading firms such as Apple, Alphabet, Meta, Microsoft, and Nvidia. With over 300,000 candidates now in its pool, Mercor is streamlining the hiring process for employers.

The company’s recent success reflects a growing trend of significant investments in AI startups. Earlier this month, Safe Superintelligence, co-founded by former OpenAI chief scientist Ilya Sutskever, raised $1 billion to advance its AI development efforts.