Apr 23, 2021 - Economy & Business

ZipRecruiter files to go public

Illustration of a job posting shaped as a briefcase with two strips missing

Illustration: Eniola Odetunde/Axios

ZipRecruiter, an online jobs marketplace headquartered in Santa Monica, California, has filed to go public via a direct listing on the New York Stock Exchange, according to an SEC filing.

Why it matters: Despite massive layoffs during the pandemic, ZipRecruiter managed to turn a profit in 2020.

By the numbers:

  • In 2020, ZipRecruiter had a net income of $86.0 million on revenue of $418.1 million. In 2019, the company saw a net loss of $6.3 million on $429.6 million in revenue.
  • ZipRecruiter says there are 2.8 million employers and 110 million job seekers using its marketplace.
  • Its biggest shareholders include its co-founders, IVP and Wellington.
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