Oct 4, 2018 - Economy
ZipRecruiter raises $156 million at $1.5 billion valuation

- Kia Kokalitcheva, author ofAxios Pro Rata

ZipRecruiter CEO Ian Siegel. Photo: ZipRecruiter
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.