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ZipRecruiter, a Los Angeles-based online job posting company, has raised $156 million in new funding co-led by IVP and Wellington Management at a $1.5 billion post-money valuation. 

Bottom line: This is only eight-year-old ZipRecruiter's second funding round, after a $63 million Series A in 2014, and it became profitable before ever taking a penny of outside money. 

ZipRecruiter raises $156 million at $1.5 billion valuation

The Los Angeles-based company was profitable before ever taking outside funding.

ZipRecruiter CEO Ian Siegel. Photo: ZipRecruiter

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Technology

ZipRecruiter, a Los Angeles-based online job posting company, has raised $156 million in new funding co-led by IVP and Wellington Management at a $1.5 billion post-money valuation. Bottom line: This is only eight-year-old ZipRecruiter&#x27;s second funding round, after a $63 million Series A in 2014, and it became profitable before ever taking a penny of outside money.

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

ZipRecruiter raises $156 million at $1.5 billion valuation

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