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Recruiter.com

New York, New York, United States

Market Cap · 2026

$9.1M

2025 Revenue

$97.9M

Customers · 2021

50

Team

661

Founded

2015

Recruiter.com Revenue & Valuation (2025)

Recruiter.com generated $97.9M in revenue in 2025. Source: Company Website

Recruiter.com is a Nasdaq-listed, on-demand recruiting platform that combines AI-powered candidate search, video job matching technology, and a network of independent recruiters. The company operates three distinct revenue lines: a SaaS software subscription product, job board and marketplace placements, and an on-demand gig recruiting service. As of October 2021, the business was running at approximately $20 million in annualized revenue, up from a trailing twelve-month figure of roughly $11 million reported in an earlier earnings period.

The company traces its roots to a media and content destination for recruiting professionals, a model that generated an estimated $3 million to $4 million per month in organic SEO traffic value as of 2019. Under chairman and CEO Evan Sohn, who joined as chairman in March 2019 and became CEO in June 2020, the business pivoted toward monetizing its large recruiter community through software subscriptions and marketplace fees.

Recruiter.com uplisted to Nasdaq approximately four months before the October 2021 interview, carrying a market capitalization of roughly $40 million at the time. Sohn argued the company was significantly undervalued relative to comparable public companies in the recruiting and gig-economy software space, and stated the business was targeting profitability in early 2022.

Last updated

Recruiter.com Revenue

Recruiter.com was running at approximately $20 million in annualized revenue as of October 2021, based on a run-rate calculation Sohn described during the interview. He noted that the company's Q1 figures came in at $4.3 million, implying a roughly $16 million annualized pace at that point, and that subsequent quarter-over-quarter growth of 20 to 25 percent pushed the run rate above $20 million. An earlier trailing twelve-month figure of approximately $11 million was also referenced, reflecting the period ending around Q1 2021.

Recruiter.com Revenue GrowthReported revenue / ARR over time$0$25M$50M$75M$100M$125M201520172019202120232025$0$11M$97.9MSource: GetLatka.com interview on Oct 21, 2021 with Recruiter.com CEO Miles Jennings
YearMilestoneSource
2025Recruiter.com revenue for 2025: $97.9mCompany Website
2021Recruiter.com revenue in 2021: $11mWatch[1]
2015Launched with $0 revenue

The company operates three revenue streams. The SaaS software subscription business was generating slightly over $200,000 per month in recurring revenue at the time of the interview. The job board and marketplace segment contributed approximately $150,000 to $200,000 per month. The on-demand recruiting marketplace, where Recruiter.com takes a fee of roughly 20 to 25 percent and passes the remainder to independent recruiters, was producing over $1 million per month in total transaction volume. A fourth line, direct hire placements where client companies convert on-demand recruiters into full-time hires, was generating an additional couple hundred thousand dollars per month.

Prior to the current operating model, the site relied on organic search traffic valued at $3 million to $4 million per month as of 2019, though Sohn noted that traffic monetization was limited at that stage. The on-demand segment was growing 25 percent quarter over quarter as of the interview date. Sohn stated the company invested approximately $1 million into the business in the most recent quarter and said profitability was targeted for early 2022. Applying the stated 20 to 25 percent quarterly growth rate to the $20 million run-rate base, a GetLatka estimate for full-year 2022 revenue would fall in a range of roughly $24 million to $30 million, using the lower end of the growth rate as a floor and the upper end as a ceiling. This is a modeled estimate, not a figure Sohn confirmed.

Recruiter.com Valuation, Funding Rounds

Recruiter.com has a $9.1M market cap as of September 2026.

Recruiter.com Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$40M$0.2$80M$0.4$120M$0.6$160M$0.8$200M$12015201720192021202320252026$9.1MSource: GetLatka.com interview on Oct 21, 2021 with Recruiter.com CEO Miles Jennings
YearRoundAmountValuation% SoldSource
2026Market Cap-$9.1M-stockanalysis.com
2021Public-$150M-Watch[1]
2021Valuation-$40M-Watch[1]

Founder / CEO

Miles Jennings

CEO

Evan Sohn is the chairman and chief executive officer of Recruiter.com. He became chairman of the board in March 2019 and assumed the CEO role in June 2020. Sohn was brought into the company by one of its original investors to help reposition the business, describing his background as being in technology, operations, platforms, and reinventing industries.

Sohn was 54 years old at the time of the October 2021 interview, having started his first company at age 21. He personally owns approximately 4 percent of Recruiter.com on a fully diluted basis. At the company's $40 million market capitalization, that stake represented roughly $1.6 million in market value, a figure the interviewer noted aloud during the conversation. Sohn did not dispute the math. Net worth beyond this stake was not discussed in the interview.

Sohn has been married for almost 27 years and has three children. He described his leadership philosophy as centered on surrounding himself with people who are smarter and more capable than himself, a lesson he said he did not fully appreciate when he started his first company at 21.

Q&A

QuestionAnswer
What's your age?57

Customers

Recruiter.com had more than 50 customers subscribing to its standalone SaaS software product as of October 2021. Pricing for the software ranged from approximately $1,000 per month to $10,000 per month depending on the scope of services, which include AI-powered candidate search and email marketing campaign tools.

The on-demand recruiting marketplace operates on a different model: client companies pay Recruiter.com a fee of roughly 20 to 25 percent of the recruiter's hourly billing, with the remainder passed through to the independent recruiter. Sohn noted that the company's largest customers typically found Recruiter.com through inbound traffic to its website. The traditional recruiting industry charges placement fees of 20 to 30 percent of a placed candidate's salary, a model Recruiter.com positions itself as an alternative to. The total addressable market for the recruiting industry was cited by Sohn as $120 billion.

Recruiter.com serves 50 customers.

Recruiter.com Business Model

Recruiter.com generates revenue through three primary mechanisms: monthly SaaS subscriptions for its candidate pipeline and search software, fees from job board and marketplace placements, and a take rate of approximately 20 to 25 percent on its on-demand recruiting marketplace. A fourth revenue line comes from direct hire placements, where client companies hire on-demand recruiters full-time after a trial period.

The SaaS segment was producing slightly over $200,000 per month in recurring revenue. The marketplace and job board segment contributed $150,000 to $200,000 per month. The on-demand segment was generating over $1 million per month in total transaction volume, of which Recruiter.com retains its 20 to 25 percent fee. The direct hire line added a further couple hundred thousand dollars per month. Sohn described the on-demand model as analogous to Upwork, where the platform collects a fee and distributes the balance to the service provider.

Sohn stated the company invested approximately $1 million in the most recent quarter, primarily in talent delivery infrastructure, and said it was targeting profitability in early 2022. He characterized the company's growth throttle as delivery capacity rather than demand. The Alexa rank of recruiter.com at the time of the interview was approximately 75,000, which the interviewer noted was no longer a top-tier traffic ranking. Sohn acknowledged the site still generates significant inbound leads and said the company's largest customers originate from website traffic. Profitability had not been achieved as of the interview date, and the timeline to profitability was stated as a target, not a confirmed outcome.

Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.

Customers (2021)

Over 50 software clients

“Nathan Latka: How many brands are paying for just the SaaS tool? 50? Evan Sohn: Over 50.”

Watch

Recruiter.com Employees & Team Size

Recruiter.com employed approximately 75 people as of October 2021. Sohn noted the team includes a chief technology officer overseeing a combination of in-house and outsourced engineering resources, as well as product staff. He described the current development focus as scaling and ease-of-use improvements rather than new research and development, saying the company had moved past the research phase into execution and volume scaling.

Recruiter.com employs approximately 661 people as of 2026, up from 557 in 2023, including 13 sales reps that carry a quota. It serves 50 customers that rely on its solutions.

Recruiter.com Team GrowthReported headcount over time015030045060075020152017201920212023202500661661Source: GetLatka.com interview on Oct 21, 2021 with Recruiter.com CEO Miles Jennings
YearMilestoneSource
2025Reached 661 employees (July 2025)Not recorded
2023Reached 557 employees (July 2023)Not recorded
2023Reached 559 employees (July 2023)Not recorded
2023Reached 557 employees (January 2023)Not recorded
2022Reached 586 employees (January 2022)Not recorded
2021Reached 75 employees (October 2021)Estimated

Frequently Asked Questions about Recruiter.com

Is Recruiter.com a public company?

Yes. Recruiter.com is publicly traded, with a market cap of $9.1M as of 2026.

What is Recruiter.com's revenue?

As of 2025, Recruiter.com generated $97.9M in revenue.

Who founded Recruiter.com?

Recruiter.com was founded by Miles Jennings.

When was Recruiter.com founded?

Recruiter.com was founded in 2015.

Who is the CEO of Recruiter.com?

The CEO of Recruiter.com is Miles Jennings.

How many employees does Recruiter.com have?

As of 2025, Recruiter.com had 661 employees.

Where is Recruiter.com headquartered?

Recruiter.com is headquartered in New York, New York, United States.

Compare Recruiter.com to the industry

Recruiter.com operates across multiple industries. Browse revenue, funding, and growth data for Recruiter.com in each sector below.

Full Interview Transcripts

Recruiter.com $20m ARR at $40m Market Cap: Most Under-Priced Public SaaS Ever?Oct 21, 2021

Read the full interview and its transcript.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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