Type of site
|Job search engine|
|Headquarters||Austin, Texas, U.S.|
Stamford, Connecticut, U.S.
|Founder(s)||Paul Forster |
Indeed is an American worldwide employment website for job listings launched in November 2004. It is a subsidiary of Japan's Recruit Co. Ltd. and is co-headquartered in Austin, Texas and Stamford, Connecticut with additional offices around the world. As a single-topic search engine, it is also an example of vertical search. 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.
Indeed was co-founded by Paul Forster and Rony Kahan in 2004 in both Austin, Texas 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 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, The New York Times and Allen & Company.
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 31st December 2019 was £41.2m.
On May 30, 2019, Indeed announced that it has 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.
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