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Mercor Raises $350 Million Series C, Hits $10 Billion Valuation Amid AI Workforce Boom
In a major recent development, Mercor has announced a USD 350 million Series C round, led by Felicis with participation from Benchmark, General Catalyst and Robinhood Ventures—bringing the company’s valuation to approximately USD 10 billion. The firm—founded just three years ago—operates at
Oct 27, 2025
General Catalyst
DianaHR Secures $3.7M Seed to Disrupt SMB HR with AI-Powered HR-as-a-Service
DianaHR, a San Francisco–based startup founded by former Gusto Head of Engineering Upeka Bee, has raised a $3.7 million seed round led by SNR Ventures with participation from General Catalyst, Y Combinator, and unicorn founders from Mercury, Twitch, and Dropbox. Targeting the 1.4 million U.S. SMBs
Sep 15, 2025
General Catalyst
Eudia Acquires Johnson Hana to Build World's First AI-Augmented Human Workforce
Eudia has acquired Johnson Hana to create the world’s first AI-augmented human workforce focused on legal services. By combining Eudia’s agentic AI platform with Johnson Hana’s elite legal consultants, the company pioneers a new model where human expertise is embedded directly into AI systems.
Jul 8, 2025
General Catalyst
Thatch Secures $40M Series B to Redefine Health Benefits from San Francisco
Thatch has secured a $40M Series B funding round led by Index Ventures, with participation from Andreessen Horowitz, General Catalyst, and ADP Ventures. The company aims to revolutionize employee healthcare by replacing outdated employer-controlled benefits with a personalized, tax-free healthcare b
Apr 3, 2025
General Catalyst
Spain’s HR Tech Firm Factorial Secures $120M in Non-Dilutive Funding to Accelerate Expansion in Germany, France, and Italy
Factorial, the Barcelona-based HR tech unicorn, has secured an additional $120 million in non-dilutive funding from General Catalyst, bringing its total borrowings from GC’s Customer Value fund to $200 million. This investment will fuel Factorial’s go-to-market (GTM) strategy, primarily focusing
Mar 20, 2025
General Catalyst
AI-Driven Hiring Platform Mercor Secures $100M Series B, Reaching $2B Valuation Amid Rapid Growth
Mercor , an AI-driven recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B funding round, valuing the company at $2 billion. Led by Felicis, with participation from Benchmark, General Catalyst, and DST Global, the funding marks an eightfold increase fr
Feb 20, 2025
General Catalyst
Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate
Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a secondary market transaction, reflecting strong investor confi
Feb 4, 2025
General Catalyst
TeamBridge Secures $28 Million in Series B Funding to Revolutionize HR Software for Hourly Workers
TeamBridge, an HR tech startup founded by former Uber executives, has secured $28 million in Series B funding, led by Mayfield with participation from General Catalyst and Abstract Ventures, raising its total funding to $41.5 million. This San Francisco-based company aims to address the specific nee
Sep 16, 2024
General Catalyst
Series A Success: Thatch Secures $38M to Reinvent Health Benefits for All
Thatch, a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's technology and expand its market presence. Since its 2023 launch, Thatch has offer
Sep 5, 2024
General Catalyst
Barcelona-based Factorial secures $80M of Go-To-Market investment from General Catalyst to accelerate growth
Factorial, a Spanish HR platform, has secured an €80 million investment from U.S. VC firm General Catalyst. This investment, described not as a funding round but as a "go-to-market investment," is uniquely structured as contained debt aimed solely at customer acquisition, with repayments made from
Apr 15, 2024
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