At just 22 years old, Adarsh Hiremath, Brendan Foody and Surya Midha made history. As reported by Forbes, the three founders of Mercor, a San Francisco-based artificial intelligence recruitment startup, are currently the youngest self-made technology billionaires. After the financing round, they are valued at $10 billion. — less than Mark Zuckerberg did at the time of his debut at the age of 23.
According to Forbes magazine, the three friends met at school before they founded Mercor in 2023. The startup originally aimed to connect Indian engineers with American companies. However, since then, the service has evolved into an artificial intelligence-based recruitment platform, where candidates speak with AI avatars during job interviews and are then automatically matched to appropriate companies.
Since then, the startup has developed dynamically. According to Forbes, the company generates USD 500 million. annually. The latest round of financing reportedly raised $350 million. Each of the founders owns approximately 22%. shares in the company – i.e. approximately USD 2.2 billion. per person.
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Fortune thanks to AI
Hiremath dropped out of college for a startup, leaving Harvard after two years. “The amazing thing is that if I hadn't worked at Mercor, I would have graduated just a few months ago,” he told Forbes.
Mercor's story shows how quickly billion-dollar companies can be created in the era of artificial intelligence. At the same time, it raises questions about the durability of such valuations. Mercor is undoubtedly one of the most interesting companies to watch in 2025.
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Source: Forbes, businessinsider.de
