How Much Did SmartRecruiters Raise? Headquarters, Funding & Key Investors

SmartRecruiters has raised a total of $225 million in funding, with its most recent $110 million Series E round in July 2021, led by Silver Lake Waterman, at a valuation of $1.5 billion. Earlier rounds include $50 million in May 2019 (Series D), $30 million in June 2016 (Series C), $19.5 million in April 2015 (Series B), $10 million in August 2013 (Series B), and $5.46 million in January 2012 (Series A). The company offers a cloud-based ATS and hiring platform focused on recruitment marketing, talent sourcing, and analytics.

How Much Did SmartRecruiters Raise? Funding & Key Investors

SmartRecruiters, founded in 2010 in San Francisco by Jérôme Ternynck, is an HRTech company providing a cloud-based applicant tracking and hiring platform. The software includes candidate assessment, offer management, recruitment marketing, analytics, and a marketplace for third-party recruiting services. The company has raised $225M across Seed, Series A-E rounds from investors such as Insight Partners, Silver Lake Waterman, and Mayfield Fund, reaching a $1.5B valuation in July 2021. SmartRecruiters plans to expand AI-driven hiring capabilities, scale global talent acquisition solutions, and enhance enterprise recruitment workflows for hybrid and remote workforces.

What Is SmartRecruiters and What Does It Do?

SmartRecruiters, founded in 2010 by Jérôme Ternynck, is a San Francisco-based (United States) HRTech company.

With a team of between 201 and 500 employees as of July 16, 2025, the platform delivers cloud-based applicant tracking and hiring solutions, including candidate assessment, offer management, social referrals, mobile interface, sourcing, recruitment marketing, and analytics.

Its platform is designed to help enterprises streamline end-to-end hiring, transform talent-acquisition into a strategic function, and leverage a marketplace of third-party recruiting services.

How Much Funding Has SmartRecruiters Raised?

*Seed / Series A*
- Amount Raised: $5.46 M
- Date: January 2012
- Lead Investors: Mayfield Fund
- Motivation: To launch the hiring platform and build core ATS functionality.\
*Series B (1)*
- Amount Raised: $10 M
- Date: August 2013
- Lead Investors: Rembrandt Partners, Mayfield
- Motivation: To scale product development and market entry.\
*Series B (2)*
- Amount Raised: $19.5 M
- Date: April 2015
- Lead Investors: Salesforce Ventures
- Motivation: To broaden enterprise features and global expansion.\
*Series C*
- Amount Raised: $30 M
- Date: June 2016
- Lead Investors: Insight Partners, Mayfield
- Motivation: To enhance platform capabilities and accelerate growth.\
*Series D*
- Amount Raised: $50 M
- Date: May 2019
- Lead Investors: Insight Partners, Mayfield, Rembrandt Partners
- Motivation: To scale operations globally and advance product maturity.\
*Series E*
- Amount Raised: $110 M
- Date: July 2021
- Lead Investors: Silver Lake Waterman (SLW), Insight Partners, Mayfield
- Motivation: To drive enterprise global expansion, build analytics/AI capability, and consolidate market leadership.

Total Funding Raised: $225 Million

Current Valuation: $1.5 Billion (as of July 2021)

Latest Funding Date: July 2021

Key Investors

*Insight Partners*
- Details: Growth-stage venture firm investing globally in software infrastructure and SaaS.
- Investment Focus Areas: Enterprise SaaS, marketplaces, digital transformation.
- Notable Investments: DocuSign, Shopify, SmartRecruiters.\
*Silver Lake Waterman*
- Details: Later-stage growth fund of Silver Lake focused on tech companies beyond early stage.
- Investment Focus Areas: Technology infrastructure, growth-stage software, scaling global platforms.
- Notable Investments: Science, Spredfast, Centric Software.\
*Mayfield Fund*
- Details: Venture capital firm active across early and growth stages of technology.
- Investment Focus Areas: Enterprise software, SaaS platforms, HRTech.
- Notable Investments: Lyft, Marketo, SolarCity, Poshmark.

Where Is SmartRecruiters’ Headquarters?

SmartRecruiters is headquartered in San Francisco, United States. Being in Silicon Valley enables access to top-tier engineering talent, rapid innovation in cloud and enterprise software, and proximity to major enterprise customers.

What’s Next for SmartRecruiters?

Following its acquisition stage, SmartRecruiters is poised to deepen its AI and analytics capabilities, expand offerings in global talent acquisition markets, and continue growth in enterprise hiring solutions (particularly in remote and hybrid work environments). Challenges include competition from other ATS and HRTech platforms, integrating new features such as conversational AI, and maintaining scalability across different regions.

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