MENLO PARK, Calif., April 12, 2022 (GLOBE NEWSWIRE) — Mercor.io is a new software development and staffing agency that connects startups with skilled engineering teams.
Mercor.io was founded in January 2022 by Georgetown and Harvard University students Brendan Foody, Surya Midha and Adarsh Hiremath. Mercor.io recently won $10,000 and placed first in Georgetown’s premier entrepreneurship pitch competition. The company is on track to achieve record revenue of $40,000 for the month of April.
The key to Mercor.io’s initial success was combining both software development and recruitment.
For development services, startups start by contracting with one of Mercor.io’s teams of product managers and engineers. Customers interface with US-based product management, which then coordinates the tasks of engineers.
If the startups are satisfied with the finalized software, then they have the option of bringing the entire team in-house. This allows startups to forgo the complexities of hiring but reap the benefits of skilled in-house engineering teams that constantly iterate on their product.
To meet the demand for recruitment, Mercor.io relies on institutional partnerships with the world’s top universities to tap into pools of qualified talent currently overlooked by American companies.
By engaging in both development and recruiting, Mercor.io provides startups with an easy and affordable method to rapidly build products and scale teams. Mercor.io engineers are incentivized to exceed expectations because performing well allows them to work directly for US startups.
Former Mercor.io customers include Attend, an educational technology startup that streamlines attendance at large conference rooms. Mercor.io, through a team of product managers and engineers, translated a non-technical view of attendance into a first-of-its-kind rotating QR code technology that students scan to mark their attendance. Teachers have access to a dashboard that records student attendance, and Mercor.io is currently developing automatic integration between Attend and popular gradebook software used by universities.
On April 27, Mercor.io will sponsor a hackathon at Indian Institute of Technology Kharagpur, a leading IT university in India with an acceptance rate of 2%. The hackathon will be open to students from all Indian institutes of technology and already has 500 participants. Among these students, Mercor.io will interview the most qualified for a place in an engineering team.
Looking ahead, the founders of Mercor.io hope to rapidly scale engineering teams to meet growing development demand. Potential customers interested in contracting with Mercor.io are encouraged to visit the website for more information and email [email protected] for a quote.
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