Online Employment Marketplace ZipRecruiter Raises $156M
Summary
ZipRecruiter , a Los Angeles, CA-based online employment marketplace, raised $156m in Series B funding.The company, which has raised raised $219m to date, intends to use the funds to further accelerate its growth as well as its ongoing investment in artificial intelligence (AI)-powered matching technology and mobile apps.Launched in 2010 by Ian Siegel, CEO, ZipRecruiter provides an online employment marketplace that leverages an AI-powered algorithm that learns what each employer is looking for and provides a personalized, curated set of relevant candidates.To date, ZipRecruiter has helped over 1.5 million businesses–from SMBs to Fortune 500 companies–find great talent, and has received over 430 million applications for jobs ranging from admin personnel and truck drivers to data scientists and autonomous car engineers.The company has an employee base of nearly 1000 in offices in the U.S., U.K., and Israel.