Recruitee B.V.

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Recruitee B.V. - overview

Established

2015

Location

Amsterdam, -, Netherlands

Primary Industry

Software

About

Based in the Netherlands, Recruitee B. V. specializes in providing an innovative Applicant Tracking System (ATS) and collaborative recruitment software that enhances the hiring process for organizations. Recruitee B.


V. was founded in 2015 and operates out of Amsterdam, Netherlands. The company focuses on developing a user-friendly recruitment platform that simplifies the hiring process. The founders, Hein Medema, Michiel Houben, and Perry Oostdam, aimed to address the challenges faced by recruiters in a digital age.


In February 2021, PSG Equity acquired Recruitee B. V. , and subsequently merged it with Simpa Oy, forming part of the Tellent group. Robbert Flipsen is the current CEO, guiding the company's strategic direction.


Recruitee offers a modern Applicant Tracking System (ATS) and collaborative recruitment software designed to streamline the hiring process for organizations. The core functionalities of Recruitee include automated recruitment workflows, customizable templates for job pipelines, e-signature integration, and tools for team collaboration, enabling companies to optimize their recruitment efforts while engaging all stakeholders. The ATS is designed for ease of use, allowing hiring teams to create careers sites without coding skills and utilize smart campaigns to post job openings across multiple job boards simultaneously. Recruitee serves a diverse clientele, including over 7,000 companies across various sectors, focusing on markets in North America, Western Europe, and parts of Asia, facilitating a more efficient and transparent hiring process for recruiters and candidates alike.


Recruitee operates on a subscription-based revenue model, where clients pay a recurring fee to access its suite of recruitment tools and services. The pricing structure is tiered, offering different plans to cater to the varying needs of businesses, from small startups to larger enterprises. Each subscription includes access to features such as collaborative hiring tools, automated workflows, and GDPR compliance functionalities, enhancing the overall recruitment experience. In 2023, Recruitee reported an EBITDA of USD 4,725,748.


50, reflecting the company’s focus on providing value to its clients through improved hiring outcomes and reduced time-to-hire. Following the acquisition by PSG Equity in February 2021, Recruitee aims to enhance its product offerings and expand into new geographic markets. The company is focusing on developing additional features for its ATS, tailored to meet the evolving needs of its clients, with plans for a product launch in 2024. Recruitee is also targeting growth in North America and Asia, aiming to establish a stronger presence in these regions by 2025.


Recent funding will be utilized to support these initiatives and strengthen the technological capabilities of the platform.


Current Investors

Primary Industry

Software

Sub Industries

Recruitment/Executive Search, Web Applications, HR & Workforce Software

Website

www.recruitee.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Recruitee B.V. - financials

Fiscal Year EndedDec 31, 2022Dec 31, 2023
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EBITDA (USD)--
Operating Income (USD)--
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Recruitee B.V. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedRecruitee B.V.-

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