Basepoint
75 Rockefeller Plaza, New York, NY, 10019, United States
Overview
BasePoint Capital operates as a direct lender that provides debt financing services to small and middle-market companies. The firm was founded in 2009 and is headquartered in New York.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Banking
- Business Development
- Financial Services
- Lending
- Venture Capital
Investment portfolio
- ZipRecruiter
Participated · Series A · Aug 2014
ZipRecruiter operates a mobile-first marketplace that lets employers post open positions and uses AI-driven matching to connect job-seekers with roles. The company also syndicates listings across many other sites, including Facebook and LinkedIn. Its core matching uses deep learning across dozens of signals to search 10 million active applicants for the best fits. ZipRecruiter reports over 100,000 businesses and 10 million job seekers using the service, with more than 5.6 million jobs listed and roughly 10% of U.S. recruitment activity. The startup is focused on improving match quality and optimizing the mobile experience, and plans to build guidance tools that show candidates which skills would unlock additional job opportunities. ZipRecruiter is based in Los Angeles and has recently raised new capital that supports its continued product and international expansion. ZipRecruiter operates an aggregating platform that lets small and medium businesses post jobs that are distributed to more than 50 job boards and social channels and provides a unified applicant-tracking interface. The company also functions as a searchable database of candidates (4M+ jobseekers) and offers job-alert emails with over 3 million subscribers and 14 million alerts sent daily, scanning more than 200 sources. ZipRecruiter is adding roughly 30,000 new registered users each month, is already profitable, and is generating “high tens of millions in yearly revenue,” with sales on track to double year‑on‑year. The firm plans to use new capital to hire, expand office space in Santa Monica, pursue acquisitions, build new products and expand outside the U.S. Longer-term product plans include services that follow the natural post-hire lifecycle such as onboarding, payroll, insurance and vacation tracking. The company targets SMBs (100 employees or fewer) that lack large HR teams and aims to be a one-stop cloud-based HR assistant for that segment.
Team
No current team members are available.