# SmartRecruiters

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smartrecruiters

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.smartrecruiters.com
- Total disclosed funding: $195M
- Latest round: Series E (Jul 20, 2021)
- Investors on record: 4

## About

Based in California, US, and founded in 2010 by co-founders Jerome Ternynck and Robin Haak, SmartRecruiters, Inc. is a developer of an online recruitment platform that provides full source-to-hire capabilities. The company's clients include Visa, Square, McDonald’s, Ubisoft, FireEye, Biogen, Equinox, Public Storage, and others. SmartRecruiters has raised a total of USD 225 million in funding over 6 rounds. In July 2025, SAP SE agreed to acquire SmartRecruiters, Inc. from Mayfield Fund, Rembrandt Venture Partners, Salesforce Ventures, Insight Partners, Bonfire Ventures, Rembrandt Venture Partners, and Silver Lake. Financial terms of the transaction were not disclosed. SmartRecruiters offers a cloud-based talent acquisition suite that allows teams to attract, select, and hire talent. The platform offers services including applicant tracking, AI recruiting, text recruiting, chatbot recruiting, job advertising and job distribution. The platform also provides recruitment marketing and collaborative hiring with an open marketplace for third-party recruitment services that enables recruiters and organizations to hire talent on-demand and under budget. The company digitally captures event and in-store leads and creates a pipeline for the roles that are to be hired. The software automates basic tasks and set triggered alerts to keep employees on track and makes it easy to schedule and process multiple candidates at once. As of 2020, the company has 60% year-over-year growth in revenue. The company generated USD 31.7 million in revenue with 600 customers in 2021. The July 2025 acquisition aims to strengthen SAP SE's team and support its products and services.

## Funding rounds

- Series E, Jul 20, 2021, $110M — Mayfield Fund, Silver Lake, Insight Partners
- Series D, Mar 20, 2019, $40M — Mayfield Fund, Insight Partners, Rembrandt Venture Partners
- Series C, Jun 23, 2016, $30M — Mayfield Fund, Insight Partners
- Series B, Sep 3, 2013, $9.5M — Mayfield Fund, Rembrandt Venture Partners
- Series A, Jan 9, 2012, $5.5M — Mayfield Fund

## Investors

- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series A, Series B, Series C, Series D, Series E
- Rembrandt Venture Partners (https://capitalatlas.ai/funds/rembrandt-venture-partners) — Series B, Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C, Series D, Series E
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series E