Indeed is an American worldwide
employment website
An employment website is a website that deals specifically with employment or careers. Many employment websites are designed to allow employers to post job requirements for a position to be filled and are commonly known as job boards. Other emplo ...
for job listings launched in November 2004. It is an independent
subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...
of multinational holding
Recruit Co. Ltd. It is co-headquartered in
Austin, Texas
Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson co ...
, and
Stamford, Connecticut
Stamford () is a city in the U.S. state of Connecticut, outside of Manhattan. It is Connecticut's second-most populous city, behind Bridgeport. With a population of 135,470, Stamford passed Hartford and New Haven in population as of the 2020 ...
, with additional offices around the world.
As a single-topic search engine, it is also an example of
vertical search
A vertical search engine is distinct from a general web search engine, in that it focuses on a specific segment of online content. They are also called specialty or topical search engines. The vertical content area may be based on topicality, media ...
. Indeed is currently available in over 60 countries and 28 languages. In October 2010, Indeed.com passed
Monster.com
Monster.com is a global employment website owned and operated by Monster Worldwide, Inc. It was created in 1999 through the merger of The Monster Board (TMB) and Online Career Centre (OCC). It is a subsidiary of Randstad Holding, a Dutch mult ...
to become the highest-traffic job website in the United States.
The site aggregates job listings from thousands of websites, including job boards, staffing firms, associations, and company career pages. They generate revenue by selling premium job posting and resume features to employers and companies hiring. In 2011, Indeed began allowing job seekers to apply directly to jobs on Indeed's site and offering resume posting and storage.
History
Indeed was co-founded by Paul Forster and Rony Kahan in 2004 in both
Austin, Texas
Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson co ...
, and
Stamford, Connecticut
Stamford () is a city in the U.S. state of Connecticut, outside of Manhattan. It is Connecticut's second-most populous city, behind Bridgeport. With a population of 135,470, Stamford passed Hartford and New Haven in population as of the 2020 ...
. The Stamford offices house the company's sales, client services, finance and human resources teams, while the product development staff is based in Austin.
In 2005, Indeed launched their beta version of their "
pay-per-click
Pay-per-click (PPC) is an internet advertising model used to drive traffic to websites, in which an advertiser pays a publisher (typically a search engine, website owner, or a network of websites) when the ad is clicked.
Pay-per-click is usually ...
job advertising network". In addition to searching job postings, it allows the occurrence of words therein to be plotted over time, ostensibly as an indicator of trends in the job markets. The company took an investment round of $5 million in funding from
Union Square Ventures
Union Square Ventures (USV) is an American venture capital firm based in New York City. The firm has backed more than 130 startups, including Twitter, Etsy, Stripe, Coinbase, Zynga, Tumblr, Stack Overflow, Meetup, Kickstarter, MongoDB, Flurry, ...
,
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
and
Allen & Company
Allen & Company LLC is an American privately held boutique investment bank based at 711 Fifth Avenue, New York. The firm specializes in real estate, technology, media and entertainment.
History
Founded in 1922 by Charles Robert Allen, Jr., he w ...
.
Indeed operates in the UK via Indeed UK operations Ltd, which is a subsidiary of Indeed Operations Ireland Ltd, whose ultimate holding company is Recruit Holding Co Ltd. Turnover in the UK for the year to 31 December 2019 was £41.2m.
On October 1, 2012, Indeed became an independent operating unit of Japan-based
Recruit Co. Ltd.
On July 1, 2016, Recruit Holdings Co., Ltd. announced that it had acquired the assets of Indeed's competitor
Simply Hired
Simply Hired is an employment website utilizing desktop and mobile application for an online recruitment advertising network based in Sunnyvale, California. The company was launched in 2003. In 2016, Recruit Holdings Co., Ltd. (owner of Inde ...
, which would become a publishing partner of Indeed.
On June 21, 2018, Recruit Holdings Co., Ltd. announced that it had acquired the assets of
Glassdoor
Glassdoor is an American website where current and former employees anonymously review companies. Headquartered in San Francisco, California, it has additional offices in Chicago, Dublin, London, and São Paulo. Glassdoor also allows its users to ...
, which will operate as a distinct and separate part of its growing HR Technology business segment, aligning Glassdoor and Indeed as sister companies.
On May 30, 2019, Indeed announced that it had signed an agreement to acquire Syft, a leading recruiting platform for the hospitality, event, and light industrial sectors in the UK.
On July 12, 2019, Indeed announced that it had signed an agreement to acquire ClickIQ, an automated job advertising technology platform based in the UK.
Sponsorship
Indeed is currently the main sponsor of German football club
Eintracht Frankfurt
Eintracht Frankfurt e.V. () is a professional sports club based in Frankfurt, Hesse, Germany. It is best known for its football club, which was founded on 8 March 1899. The team is currently playing in the Bundesliga, the top tier of the Germa ...
.
See also
*
Employment website
An employment website is a website that deals specifically with employment or careers. Many employment websites are designed to allow employers to post job requirements for a position to be filled and are commonly known as job boards. Other emplo ...
*
List of employment websites
This is a list of notable employment websites. An employment website is a web site dealing specifically with employment or careers.
{, class="wikitable sortable"
, -
!Site
!Location
!Type of employment
!class="unsortable", Notes
, ----
, Adzu ...
References
External links
*
Recruit (company)
Business services companies established in 2004
Employment websites in the United States
Internet properties established in 2004
Companies based in Stamford, Connecticut
Companies based in Austin, Texas
2012 mergers and acquisitions
American subsidiaries of foreign companies
Professional networks
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