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 emp ...

for job listings launched in November 2004. It is an independent subsidiary 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 seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city ...

, and Stamford, Connecticut, 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 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

, and Stamford, Connecticut. 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, Flur ...

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 d ...

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., h ...

. 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, 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 ...

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 {{searchengine-website-stub

History

Sponsorship

See also

References

External links