ZipRecruiter IPO: 5 things to know

ZipRecruiter is taking its business to the next level in one of the tightest job markets in history. The online employment marketplace is now a publicly traded company on the New York Stock Exchange…

Shares soared nearly 20% in the debut after starting at a reference price of $18 per share, valuing the company around $2.7 billion.

Ticker Security Last Change Change %
ZIP ZIPRECRUITER INC COM USD0.00001 CL A 20.79 +0.99 +5.00%

Here are five facts to know about ZipRecruiter.

1. What is ZipRecruiter?

ZipRecruiter an online employment marketplace for businesses and jobseekers. (ZipRecruiter)

It is an online job board and social network where employers and job seekers connect. It is a leading employment website that uses artificial intelligence technology to match candidates with businesses they best fit and vice versa.

2. Who started ZipRecruiter?

ZipRecruiter was founded in 2010 by four technology entrepreneurs: Ian Siegel, Joe Edmonds, Ward Poulos and Will Redd.

Siegel became the company’s chief executive officer in January 2011 and still holds the position today. Prior to leading ZipRecruiter, Siegel held executive roles at the online reputation checker MyLife.com, real estate virtual staging website PicStage.com, eBay’s Rent.com and postal website Stamps.com.

Edmonds and Poulos are still involved with ZipRecruiter, according to their LinkedIn profiles. Poulos serves as the company’s chief design officer.

Redd left the company in December 2020. He had served as ZipRecruiter’s chief technology officer from its founding in 2010 to March 2016, according to his LinkedIn.

3. Where is ZipRecruiter based?

While ZipRecruiter’s services are all digital, the company has…

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