Recruiter.com Strengths, Domain Expertise, and Key Differentiators
Recruiter.com operates an on-demand recruiting platform aiming to disrupt the $120 billion recruiting and staffing industry. Recruiter.com combine an online hiring platform with the network of over 28,000 small and independent recruiters. Businesses of all sizes recruit talent faster using the Recruiter.com platform, which is powered by virtual teams of Recruiters On Demand and Video and Artificial Intelligence (“AI”) job-matching technology. Recruiter.com help businesses accelerate and streamline their recruiting and hiring processes by providing on-demand recruiting services. Recruiter.com leverage expert network of recruiters to place recruiters on a project basis, aided by cutting edge AI-based candidate sourcing, and matching and video screening technologies. Recruiter.com operate a cloud-based scalable SaaS-enabled marketplace platform for professional hiring, which provides prospective employers access to a network of thousands of independent recruiters from across the country and worldwide, with a diverse talent sourcing skillset that includes information technology, accounting, finance, sales, marketing, operations and healthcare specializations.
Recruiter.com Recent Developments
In 2021, Recruiter.com launched two new recruiting product offerings: Amplify, an artificial intelligence-powered email outreach solution, and the Recruiter.com recruiting jobs platform, which uses the proprietary software of Uncubed.
Recruiter.com Mergers and acquisitions (M&A) Activities
In August 2021, Recruiter.com completed the acquisition of the Novo Group, a company that provides flexible talent acquisition to a wide array of customers, including life sciences, manufacturing, and consumer goods.
In May 2021, Recruiter.com acquired OneWire, a SaaS-based recruiting and sourcing platform that hosts one of the largest communities of professionals in the financial services industry. The acquisition includes the OneWire SaaS platform as well as the candidate-matching service Matchbook. OneWire's expansive candidate database and candidate-matching service amplify Recruiter.com's impressive reach, building upon Recruiter.com's previous acquisitions to give employers and recruiters access to an even broader pool of specialized talent.
In late Q1 of 2021, Recruiter.com acquired artificial intelligence sourcing software Upsider.ai, which uses adaptive machine learning to automate candidate sourcing, ranking, and engagement across a database of millions of candidates. In Q1, Recruiter.com also acquired video-enabled talent-matching platform Scouted.io and launched a candidate curation subscription delivering diverse pools of qualified candidates to employers every week.
Recruiter.com Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Recruiter.com applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Recruiter.com and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Recruiter.com On Demand customers.
Ownership: - OTCM:RCRTD
Number of Employees: 270
Recruiter.com Key Cloud and HCM Applications
Recruiter.com On Demand
Recruiter.com HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Recruiter.com Revenue Breakdown by Type:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Recruiter.com HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
Recruiter.com HCM Applications Revenues By Verticals, $M:
Recruiter.com Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
Recruiter.com Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Recruiter.com Customers - Breakdown by Geo, Size, Vertical and Product
No. of Recruiter.com Customers: 27500
No. of Recruiter.com HCM Applications Customers: x
No. of Recruiter.com Cloud HCM Customers: x
No. of Recruiter.com Cloud HCM Subscribers: x
Recruiter.com’s unique, scalable, AI-powered network allows it to meet the hiring needs of a variety of clients, from Fortune 100 enterprises to high-quality startups. Recruiter.com typically focuses on filling highly skilled and senior-level roles in specialized fields, including technology, healthcare, finance, logistics/transportation, communications, engineering, energy, and many others. Recruiter.com clients include Schlumberger, Halliburton Co., Ford Motor Co., Coca Cola Co., and Bluebeam, Inc.
Recruiter.com Market Opportunities, M&A and Geo Expansions
Overall, the U.S. recruitment industry is enormous, and it continues to grow, driven mainly by robust GDP growth creating demand for both direct-hire and contingent (project-based) workers. Corporate spending in recruiting technology continues to grow, expected to surpass $10 billion by 2022.
Recruiter.com Risks and Challenges
As of December 31, 2020, two of Recruiter.com's customers accounted for more than 10% of the accounts receivable balance, at 32%, and 19%, for a total of 51%. For the year ended December 31, 2020, three of Recruiter.com's customers accounted for 10% of more of total revenue, at 30%, 20%, and 11%, for a total of 61%.
Recruiter.com Ecosystem, Partners, Resellers and SI
Recruiter.com partner with Careerdash, a high-quality training company, to provide Recruiter.com Academy, an immersive training experience for career changers.
Recruiter.com has forged relationships with many firms in the recruiting, HR, and payroll space. Partnerships constitute an essential component of our sales and marketing strategy, as these partnerships may stimulate sales demand for our hiring solutions, including success-based recruiting, on-demand offerings, and, in the future, video screening services. Recruiter.com pursue strategic alliances with employer service providers for joint marketing and cross-selling activities, and we seek platform integrations with strategic partners to generate client demand.
Recruiter.com is a Silver digital partner of SAP. SAP Fieldglass helps organizations find, engage, manage, pay, and unlock more value from their growing external workforces. Through the integration with SAP Fieldglass, Recruiter.com receives open jobs from leading employers around the country.
Recruiter.com is integrating into ADP’s marketplace. ADP is a top payroll and HR solutions provider offering industry-leading online payroll and HR solutions, plus tax, compliance, benefits administration, and more. Through the integration, Recruiter.com plans to receive open jobs from leading employers around the country.
Recruiter.com Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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