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Fast-growing online appliance exchange to added advance its industry-leading analogous technology and ammunition growth
LOS ANGELES, Oct. 4, 2018 /PRNewswire/ — ZipRecruiter (www.ziprecruiter.com), a arch online appliance marketplace, today appear a $156 actor advance co-led by Wellington Management Aggregation and abiding broker IVP, and including accord by added absolute investors. The Series B costs will added advance the company’s connected advance as able-bodied as its advancing advance in bogus intelligence (AI)-powered analogous technology and adaptable apps to actively affix added job seekers and businesses of all sizes.
Since ablution in 2010, ZipRecruiter has helped over 1.5 actor businesses–from SMBs to Fortune 500 companies–find abundant talent, and has accustomed over 430 actor applications for jobs alignment from admin cadre and barter drivers to abstracts scientists and free car engineers. The company’s AI technology has become so accomplished at authoritative allusive matches that 80 percent of administration who column a job on ZipRecruiter get a affection applicant through the armpit aural the aboriginal day and best job seekers accept a notification that their appliance has been beheld by a hiring administrator aural 48 hours afterwards they’ve submitted their resume.
“The acceleration of AI has adapted how administration antecedent aptitude and job seekers acquisition work,” said Ian Siegel, co-founder and CEO of ZipRecruiter.” Unparalleled analogous is the acumen ZipRecruiter is a top-rated job announcement band-aid and the #1 rated job chase app for job seekers online. This costs will be acclimated to bifold bottomward on our market-leading technology advantage. ZipRecruiter is ushering in the age of acute recruiting.”
ZipRecruiter’s AI-powered algorithm learns what anniversary employer is attractive for and provides a personalized, curated set of awful accordant candidates. On the added ancillary of the marketplace, the company’s technology matches job seekers with jobs based on factors above job titles, which introduces them to added industries and types of opportunities that they ability be absorbed in.
“In a bound and ever-evolving activity market, businesses charge effective, avant-garde hiring solutions now added than ever,” said Eric Liaw, General Partner at IVP. “ZipRecruiter has avant-garde the application acquaintance in an essential, actual way. Their adult accomplishing of AI technology has accustomed them as the foremost belvedere in the space, accepting apprenticed millions of appliance matches–they’re absolutely assertive to be the aing internet exchange success story. The advance of the business has been phenomenal, and we are captivated to deepen our affiliation with the aggregation as they abide to advance the lives of both job seekers and administration of all sizes.”
To date, ZipRecruiter has aloft $219 actor in allotment in total, including a $63 actor Series A costs led by IVP in August 2014. The aggregation has developed its agent abject to about 1000 from 150 in the accomplished four years and currently has offices in the U.S., U.K., and Israel.
ZipRecruiter is a arch online appliance marketplace. Powered by AI-driven acute analogous technology, ZipRecruiter actively connects millions of businesses and job seekers through avant-garde mobile, web, and email services, as able-bodied as partnerships with the best job boards on the web. ZipRecruiter is the #1 rated job chase app on iOS and Android. Founded in 2010, Santa Monica-based ZipRecruiter has about 1000 advisers in two states and three countries. Visit us at ZipRecruiter.com and ZipRecruiter.com/blog.
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