Who Owns ZipRecruiter?
ZipRecruiter is owned by ZipRecruiter, Inc., a publicly traded company listed on the NYSE under the ticker ZIP. The brand operates an online employment marketplace that distributes job postings to more than 100 job boards and uses AI to match employers with candidates. Founded in 2010 by Ian Siegel and three co-founders and headquartered in Santa Monica, California, it generates approximately $500 million in annual revenue.
Parent Company
Founded
2010
Status
Publicly Traded
Headquarters
Who Owns ZipRecruiter?
- Parent Company: ZipRecruiter, Inc.
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: NYSE: ZIP
| Brand | Parent Company | Ownership Type |
|---|---|---|
| ZipRecruiter | ZipRecruiter, Inc. | Brand division |
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History of ZipRecruiter
- Founded: 2010
- Founders: Ian Siegel, Joe Edmonds, Ward Poulos, Will Redd
Ian Siegel, Joe Edmonds, Ward Poulos and Will Redd founded ZipRecruiter in Santa Monica in 2010. The founding insight was that employers waste time posting to multiple job boards individually, so a single submission could be distributed broadly while matching technology surfaced better candidates faster.
The company grew as a private business through the 2010s, backed by investors including IVP, building its distribution network and AI matching engine. It reached profitability before going public, an unusual position among tech listings of the era.
ZipRecruiter went public on the NYSE in May 2021 through a direct listing under the ticker ZIP. The post-pandemic hiring surge drove record results in 2021 and 2022 before the labor market cooled through 2023 and 2024, and the company has since focused on profitability and AI product improvements.
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About ZipRecruiter, Inc.
What does ZipRecruiter own?
ZipRecruiter owns the ZipRecruiter employment marketplace platform and its employer and job seeker tools. It does not own separate consumer or business brands.
Is ZipRecruiter publicly traded?
Yes. ZipRecruiter trades on the NYSE under the ticker ZIP. It went public in May 2021 through a direct listing.
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Who founded ZipRecruiter?
Ian Siegel, Joe Edmonds, Ward Poulos and Will Redd founded ZipRecruiter in Santa Monica, California in 2010. Ian Siegel remains CEO.
Where is ZipRecruiter headquartered?
ZipRecruiter is headquartered in Santa Monica, California, in the Los Angeles area. It maintains additional US offices.
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Who owns ZipRecruiter?
ZipRecruiter is a widely held public company with no controlling shareholder. Institutional investors hold most shares, and co-founder Ian Siegel serves as CEO.
What is ZipRecruiter's revenue?
ZipRecruiter reported approximately $500 million in revenue for fiscal 2024, down from post-pandemic peaks as US hiring markets softened.
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How does ZipRecruiter make money?
ZipRecruiter charges employers to post jobs, access premium features, and use recruitment tools. Job seekers use the platform free; all revenue comes from the employer side.
- Founded: 2010
- Headquarters: Santa Monica, California, USA
- Company Type: Publicly Traded
- Stock: NYSE: ZIP
- Revenue: Approximately $500 million (FY2024)
- Employees: Approximately 1,100
Where Is ZipRecruiter Made / Based?
- Headquarters: Santa Monica, California, USA
ZipRecruiter Categories & Tags
ZipRecruiter Recalls & Controversies
ZipRecruiter has not faced major product recalls, regulatory penalties or significant ethical scandals. Like all job platforms it deals with fraudulent postings and scam listings, which it addresses through verification and moderation.
The brand faces routine criticism over billing practices and job posting accuracy common to the category, plus the broader industry debate over job platform effectiveness. Its regulatory record is clean.
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ZipRecruiter Ownership: Pros & Cons
Advantages
- +Distribution model differentiates from single-destination boards
- +AI matching improves candidate quality and employer ROI
- +SMB focus serves an underserved segment
- +Profitability history
- +Founder-led consistency
Considerations
- -Smaller scale than Indeed and LinkedIn
- -Revenue cyclical with hiring markets
- -Intense competition for employer budgets
- -Dependence on employer spending makes it economically sensitive
Frequently Asked Questions About ZipRecruiter
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Sources & Further Reading
Competitors to ZipRecruiter
No direct competitors found in the same category. This could be because ZipRecruiteroperates in a unique market segment or we're still building our competitor database.
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ZipRecruiter, Inc. Stock Information
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