ZipRecruiter is a leading online job-matching marketplace used by millions of employers and job seekers. Its AI-driven platform scans resumes, matches skills, and delivers personalized recommendations. Employers can post jobs, message candidates, and manage applicants through a centralized dashboard.
What Is ZipRecruiter and What Does It Do?
ZipRecruiter, founded in 2010 by Ian Siegel, Joe Edmonds, Ward Poulos, and Willis Redd, is headquartered in Santa Monica, United States. The company operates as an online job-matching platform that connects employers and job seekers through AI-driven resume scanning and intelligent candidate recommendations.
ZipRecruiter employs 1,400 employees, providing tools such as AI-powered matching, automated outreach, job posting distribution, and an employer dashboard for rating and reviewing candidates.
Its platform simplifies hiring by enabling employers to identify and communicate with high-quality candidates more quickly, while offering job seekers personalized opportunities tailored to their backgrounds.
How Much Funding Has ZipRecruiter Raised?
1. Post-IPO Debt
- Amount Raised: $550M
- Date: January 2022
- Motivation: To support general corporate purposes, including capital expenditures, technology investments, and working capital expansion.
2. Series B
- Amount Raised: $156M
- Date: October 2018
- Lead Investors: IVP
- Motivation: To scale operations, enhance AI technology, and expand the marketplace.
3. Series A
- Amount Raised: $63M
- Date: August 2014
- Lead Investors: IVP
- Motivation: To grow the platform, hire talent, and improve product functionality.
Total Funding Raised: $219 Million
Latest Funding Date: January 2022
Key Investors
1. IVP
- Details: IVP is a leading late-stage venture capital firm backing high-growth technology companies.
- Investment Focus Areas: Technology, media, internet sectors.
- Notable Investments: Twitter, Snap, Dropbox.
2. Wellington Management
- Details: One of the world’s largest independent investment firms managing global public and private market investments.
- Investment Focus Areas: Technology, consumer, enterprise software, fintech.
- Notable Investments: Airbnb, Uber, Databricks.
Where Is ZipRecruiter’s Headquarters?
ZipRecruiter is headquartered in Santa Monica, California, a major West Coast innovation hub that provides access to top engineering talent, strong tech infrastructure, and proximity to major markets across the U.S.
What’s Next for ZipRecruiter?
ZipRecruiter is positioned for continued growth as AI adoption accelerates across the HRTech landscape. Its $550M post-IPO debt financing provides strong financial flexibility to enhance AI engine capabilities, expand its employer marketplace, and deepen international reach. With hiring cycles evolving rapidly, ZipRecruiter aims to strengthen its role as a leading employment ecosystem for both candidates and companies.
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