SCHEDULE 13G/A: Institutional Venture Partners and Managing Directors Disclose Significant Stake in ZipRecruiter, Inc.

Sentiment:

Beneficial Ownership Report


Institutional Venture Partners and its managing directors have filed an amended Schedule 13G, disclosing their collective beneficial ownership of up to 14.5% of ZipRecruiter, Inc.'s Class A Common Stock as of March 31, 2025.

Summary

  • Institutional Venture Partners XIV, L.P. (IVP XIV) beneficially owns 3,809,348 shares, representing 4.8% of ZipRecruiter, Inc.'s Class A Common Stock.
  • Institutional Venture Management XIV, LLC (IVM XIV) beneficially owns 3,819,807 shares, representing 4.8% of the Class A Common Stock.
  • Institutional Venture Partners XV, L.P. (IVP XV) beneficially owns 7,554,506 shares, representing 9.5% of the Class A Common Stock.
  • Institutional Venture Partners XV Executive Fund, L.P. (IVP XV EF) beneficially owns 40,157 shares, representing 0.1% of the Class A Common Stock.
  • Institutional Venture Management XV, LLC (IVM XV) beneficially owns 7,598,910 shares, representing 9.5% of the Class A Common Stock.
  • Todd C. Chaffee beneficially owns 11,418,717 shares, representing 14.3% of the Class A Common Stock, primarily through shared voting and dispositive power.
  • Norman A. Fogelsong beneficially owns 11,581,831 shares, representing 14.5% of the Class A Common Stock, including 163,114 shares with sole power and 11,418,717 shares with shared power.
  • Stephen J. Harrick beneficially owns 11,581,831 shares, representing 14.5% of the Class A Common Stock, including 163,114 shares with sole power and 11,418,717 shares with shared power.
  • J. Sanford Miller beneficially owns 11,424,528 shares, representing 14.3% of the Class A Common Stock, including 5,811 shares with sole power and 11,418,717 shares with shared power.
  • Dennis B. Phelps beneficially owns 11,581,831 shares, representing 14.5% of the Class A Common Stock, including 163,114 shares with sole power and 11,418,717 shares with shared power.
  • Eric Liaw beneficially owns 7,612,592 shares, representing 9.5% of the Class A Common Stock, including 13,682 shares with sole power and 7,598,910 shares with shared power.
  • Somesh Dash beneficially owns 7,612,592 shares, representing 9.5% of the Class A Common Stock, including 13,682 shares with sole power and 7,598,910 shares with shared power.
  • Jules A. Maltz beneficially owns 11,473,086 shares, representing 14.4% of the Class A Common Stock, including 54,369 shares with sole power and 11,418,717 shares with shared power.
  • The percentages are based on 79,873,424 shares of ZipRecruiter's Class A Common Stock outstanding as of May 1, 2025, as reported in the Issuer's Form 10-Q filed on May 8, 2025.
  • The reporting persons explicitly disclaim status as a 'group' for the purposes of this Schedule 13G filing.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, providing no positive or negative operational or financial news, thus maintaining a neutral sentiment.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of significant beneficial ownership by an investment firm and its managing directors in a publicly traded company. It does not provide specific insights into broader industry trends or competitive positioning beyond the fact that Institutional Venture Partners maintains a substantial investment in ZipRecruiter, Inc., an online employment marketplace.

Stakeholder Impact

  • Shareholders: Provides transparency regarding significant institutional and individual ownership stakes, which can influence market perception and potential future actions by these large holders.

Key Dates

DateDescription
03/31/2025Date of event which requires filing of this statement (beneficial ownership calculation date).
05/01/2025Date as of which 79,873,424 shares of Class A common stock were outstanding, as reported by the Issuer.
05/08/2025Date ZipRecruiter, Inc. filed its Quarterly Report on Form 10-Q with the SEC, reporting outstanding shares.
05/15/2025Date of signing and filing of this Schedule 13G Amendment No. 3.

Keywords

ZipRecruiter, Institutional Venture Partners, IVP, Schedule 13G, Beneficial Ownership, Class A Common Stock, SEC Filing, Investment Firm, Venture Capital, Shareholder Disclosure

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