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ZIPRECRUITER Company profile

About Ziprecruiter Inc

ZipRecruiter, Inc. (ZipRecruiter) is an online employment marketplace, providing technology-enabled services to connect job seekers and employers of all sizes. The Company is focused on reducing the time associated with making a new hire. Its technology delivers matches immediately after a job goes live and provides tools to streamline the vetting process. ZipRecruiter works like a matchmaker curating job opportunity for job seekers, and candidates for employers. The jobs posted on ZipRecruiter are distributed to over various sites managed by its job distribution partners. This includes job boards, newspaper classifieds, search engines, social networks, talent communities, and resume services. ZipRecruiter matching technology immediately identifies when employers post a job and sends an alert to the best job seekers in its marketplace. The employer can then, with a single click, personally invite qualified potential candidates to apply.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Ziprecruiter Inc revenues increased 77% to $741.1M. Net income applicable to common stockholders decreased 97% to $2M. Revenues reflect Subscription segment increase of 73% to $600.1M, Performance-Based segment increase of 98% to $141.1M. Net income was offset by Advertising Expense increase from $98.3M to $255.6M (expense).