ZipRecruiter, Inc.
Santa Monica-based online employment marketplace publicly traded on NYSE, generating approximately $500 million in annual revenue.
Company Type
public
Founded
2010
Headquarters
Santa Monica, California, USA
Stock
NYSE: ZIP
Revenue
Approximately $500 million (FY2024)
Employees
Approximately 1,100
Primary Market
United States
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.
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.
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.
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.
History of ZipRecruiter, Inc.
Ian Siegel, Joe Edmonds, Ward Poulos and Will Redd founded ZipRecruiter in Santa Monica, California in 2010. Siegel, a serial entrepreneur, built the product around the insight that employers waste time posting to multiple job boards individually, and that a single submission could be distributed broadly while matching technology delivered better candidates faster.
The company grew through the 2010s as a private company backed by investors including IVP, building the distribution network and AI matching technology that became its differentiators. It became profitable 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, avoiding a traditional IPO. The post-pandemic hiring surge drove record results in 2021 and 2022 before the labor market cooled through 2023 and 2024, pressuring revenue. The company has since focused on profitability, AI product improvements, and expansion into adjacent hiring tools.
Controversy, Regulation & Public Scrutiny
ZipRecruiter has faced limited major controversy. Like all job platforms, it deals with fraudulent job postings and scam listings, which it addresses through verification and moderation. It has faced routine litigation over employment practices and contract disputes common to the sector.
The company has not faced significant regulatory penalties or ethical scandals. Its public scrutiny centers on job posting accuracy, employer billing practices, and the broader debate over job platform effectiveness rather than legal or safety failures.
Brands Owned by ZipRecruiter, Inc.
ZipRecruiter, Inc. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
ZipRecruiter, Inc.
public · Founded 2010 · Santa Monica, California, USA
1
brands
Stock Information
ZipRecruiter, Inc. Ownership: Pros & Cons
Advantages
- +Distribution model differentiates from single-destination job boards
- +AI matching improves candidate quality and employer ROI
- +SMB focus serves an underserved segment
- +Profitability history unusual for the category
- +Founder-led consistency under Ian Siegel
Considerations
- -Smaller scale than Indeed and LinkedIn
- -Revenue cyclical with hiring market conditions
- -Competition for employer budgets is intense
- -Dependence on employer spending makes it economically sensitive
- -Limited international presence relative to Indeed
Frequently Asked Questions 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.
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.
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.
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.
Sources & Further Reading
Jobs at ZipRecruiter, Inc.
Latest News About ZipRecruiter, Inc.
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