SCHEDULE: IVP Entities & Directors Disclose ZipRecruiter Stake

Institutional Venture Partners and its managing directors have filed an amended Schedule 13G, detailing their beneficial ownership in ZipRecruiter, Inc. Class A Common Stock.

Summary

• Institutional Venture Partners XIV, L.P. beneficially owns 3,809,348 shares, representing 5.1% of ZipRecruiter's Class A Common Stock.
• Institutional Venture Management XIV, LLC beneficially owns 3,819,807 shares, representing 5.2% of the class.
• Institutional Venture Partners XV, L.P. beneficially owns 2,939,699 shares, representing 4.0% of the class.
• Institutional Venture Partners XV Executive Fund, L.P. beneficially owns 15,619 shares, representing 0.0% of the class.
• Institutional Venture Management XV, LLC beneficially owns 2,959,565 shares, representing 4.0% of the class.
• Todd C. Chaffee, Stephen J. Harrick, and J. Sanford Miller each beneficially own 6,779,372 shares, representing 9.2% of the class, primarily through shared voting and dispositive power as Managing Directors of IVM XIV and IVM XV.
• Norman A. Fogelsong and Dennis B. Phelps each beneficially own 6,942,486 shares, representing 9.4% of the class, including 163,114 shares with sole voting/dispositive power and 6,779,372 shares with shared power.
• Jules A. Maltz beneficially owns 6,833,741 shares, representing 9.2% of the class, including 54,369 shares with sole voting/dispositive power and 6,779,372 shares with shared power.
• Eric Liaw beneficially owns 2,973,247 shares, representing 4.0% of the class, including 13,682 shares with sole voting/dispositive power and 2,959,565 shares with shared power.
• Somesh Dash beneficially owns 2,959,565 shares, representing 4.0% of the class, through shared voting and dispositive power as a Managing Director of IVM XV.
• The percentages are based on 74,088,830 shares of Class A common stock outstanding as of August 4, 2025.
• The reporting persons explicitly disclaim status as a "group" for Schedule 13G purposes.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of beneficial ownership by institutional investors and their managing directors. While it doesn't contain new positive or negative operational news, the continued significant holdings by these venture capital entities can be seen as a neutral to slightly positive signal of their long-term commitment to the company.

Positives

• Significant institutional and individual investor confidence in ZipRecruiter, Inc. demonstrated by substantial beneficial ownership.
• The continued disclosure of these holdings indicates ongoing engagement by these investors.

Negatives

• No specific negative information is contained within this ownership disclosure filing.

Risks

• No specific risks are mentioned in this Schedule 13G filing beyond the inherent risks associated with equity ownership.

Future Outlook

NA

Industry Context

This filing indicates that venture capital firms and their principals maintain significant positions in ZipRecruiter, a company operating in the online recruitment and job marketplace industry. Such substantial holdings by venture capital suggest a long-term investment perspective, common for companies that have gone through venture funding stages.

Related Party Transactions

• The filing details the relationships between the various Institutional Venture Partners entities (L.P.s and Management LLCs) and their respective Managing Directors, who share voting and dispositive power over the reported shares. This clarifies the structure of beneficial ownership among related parties.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional and individual holdings, which can influence market perception and trading activity. Large institutional ownership can sometimes provide stability but also potential for large block sales.

Key Dates

Recommendation

This Schedule 13G filing is a routine disclosure of beneficial ownership and does not provide new fundamental information about ZipRecruiter's operational performance, financial health, or strategic direction. The continued significant holdings by Institutional Venture Partners and its managing directors indicate their ongoing investment, but without additional context from financial reports or company announcements, it is not sufficient to warrant a change from a "hold" recommendation. Investors should look to the company's financial statements and business updates for actionable investment decisions.

Keywords

ZipRecruiter, ZIP, Class A Common Stock, Schedule 13G, Beneficial Ownership, Institutional Venture Partners, IVP, Institutional Investor, SEC Filing, Equity Holdings