Recruiting is hard. If you’re a tech startup in Silicon Valley competing with the big guys, you know that fact all too well. Luckily, entrepreneurs are on it.
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Today ZipRecruiter, an online marketplace which leverages AI to help companies recruit top talent, announced that it has raised $156 million. The Series B round was led by Wellington Management Company and IVP. According to reports, the company is now valued at around $1 billion.
According to the company’s press release, it has worked with over 1.5 million businesses to find talent in various categories. The company has done some hiring of its own, with a headcount that it says is almost 1,000 across its offices in the U.S., the U.K., and Israel.
VCs have shown interest in smart recruiting in the past, and that is confirmed by the $219 million that has been funneled into ZipRecruiter in just two rounds since it was founded in 2010.
With recruiting becoming more difficult for many companies, particularly in high-demand fields like engineering, startups have begun to come up with increasingly innovative ways to address the recruiting market. Last month, we examined the challenges that recruiters face and spoke with a company that is leveraging blockchain technology for smart contracts in the recruiting process.
It’s an expensive burden, and like many other fields, startups and their investors are looking to cash in on a solution. We took a look at the top recruiting startups in the U.S. recruiting space. Here’s who ZipRecruiter is up against!1
Organization Name Headquarters Location CB Description Total Funding Amount
ZipRecruiter Santa Monica, California ZipRecruiter is an online employment marketplace, connecting millions of employers and job seekers through mobile and email services. $219M
Hired San Francisco, California Hired is a career marketplace that matches tech talent with innovative companies. $132.7M
Greenhouse Software New York, New York Greenhouse is a recruiting optimization platform to help companies build and scale their recruiting processes. $110.1M
Andela New York, New York Andela is a network of technology leaders dedicated to advancing human potential by by investing in talented software developers. $81M
Lever San Francisco, California The modern, collaborative recruiting platform that powers a more human approach to hiring $72.8M
HackerRank Palo Alto, California HackerRank is a technical hiring platform that helps businesses evaluate software developers based on skill. $58.2M
Pymetrics New York, New York Pymetrics develops neuroscience-based assessment and prediction technology for staffing services. $56.6M
SmartRecruiters San Francisco, California SmartRecruiters is a complete talent acquisition platform to find, engage, and hire great talent. $55M
Illustration Credit: Li Anne Dias
Startups included in this list are based in the U.S., have raised a round since the beginning of 2016, and have raised a known total of more than $50 million in venture funding. They are organized by total known funding. ↩