About Recruit Strategic Partners
Recruit Strategic Partners is a venture capital firm founded in 2008. It is primarily based out of San Mateo, United States. As of Oct 2021, Recruit Strategic Partners has invested in 91 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Series B round of Simpl Overall, Recruit Strategic Partners portfolio has seen 9 unicorns, 11 IPOs and 25 acquisitions including key companies like DocuSign, Shiprocket and Snapdeal. A lot of funds co-invest with Recruit Strategic Partners, with names like Intel Capital sharing a substantial percentage of its portfolio. Recruit Strategic Partners has team of 2 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Recruit Strategic Partners' List of Top Investments
Recruit Strategic Partners has a portfolio of 91 companies, including 9 unicorns. Their most notable investments are in Beam and Paidy.Their portfolio spans across United States, Japan, India and 13 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 22 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by Recruit Strategic Partners:
1. DocuSign
Provider of electronic signature and intelligent agreement management platform solutions. The platform offers tools for contract lifecycle management, agreement preparation, and agreement workflow automation. It provides features such as electronic notarization, web forms, and multi-channel delivery options. The platform extends its capabilities through integrations, APIs, and a mobile application.
Key facts about DocuSign
- Founded Year: 2003
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $520M
- Employee Count: 8,503 as on Jun 30, 2026
- Investors: HTIF, Glynn Capital and 90 Others
- Latest Funding Round: Post IPO, Jul 20, 2020, $*****
- Highlight: Public
2. Shiprocket
Provider of e-commerce shipping, fulfillment, marketing, and financial services. The business offers tools for domestic and cross-border shipping, including integrations with courier partners. Fulfillment services encompass warehousing, packaging, and shipping. Marketing solutions include checkout optimisation and customer engagement tools. Financial services provide capital and credit score assessment.
Key facts about Shiprocket
- Founded Year: 2012
- Location: Delhi (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Total Funding till date: $322M
- Employee Count: 915 as on Aug 31, 2025
- Investors: Temasek, Innoven Capital and 63 Others
- Latest Funding Round: Series E, Dec 23, 2024, $*****
- Highlight: Public
3. Snapdeal
Online retailer of clothing, shoes, and home decor items. The business provides a platform for shoppers seeking fashion and lifestyle products. It focuses on offering options that cater to various customer needs. The business aims to make online shopping accessible for users.
Key facts about Snapdeal
- Founded Year: 2010
- Location: Gurugram (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $1.77B
- Employee Count: 339 as on May 31, 2026
- Investors: Bessemer Venture Partners, Premji Invest and 56 Others
- Latest Funding Round: Angel, Jul 23, 2019, $*****
- Highlight: Editors' Pick
4. ClassPass
ClassPass is a membership program for fitness classes across multiple gyms and studios. Members can access multiple varieties of classes and engagement in their fitness regime, all at a fixed price. Participating studios benefit by attracting new students and profitably filling excess capacity in classes. ClassPass has also started corporate membership programs.
Key facts about ClassPass
- Founded Year: 2013
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $550M
- Employee Count: 914 as on Jun 30, 2026
- Investors: eversourcecap.com, Spur Capital and 64 Others
- Latest Funding Round: Series E, Jan 08, 2020, $*****
- Highlight: Acquired
5. Zazzle
Online marketplace offering customized/designed products. The platform enables the users to create their own products. Users can create anything like customized t-shirts, mugs, customized masks, postage stamps, etc. Users can also receive a commission on products that they sell and design themselves. The platform has its own patented color print technology which allows users to manufacture multicolored items. Its mobile application is available on iOS and Android platforms.
Key facts about Zazzle
- Founded Year: 1999
- Location: Redwood City (United States)
- Stage: Acquired
- Total Funding till date: $46M
- Employee Count: 1,023 as on Mar 31, 2026
- Investors: Northgate Capital, Dot Edu Ventures and 7 Others
- Latest Funding Round: Series B, Oct 01, 2007, $*****
- Highlight: Acquired
Recruit Strategic Partners' Year-on-Year Investment Trends
Recruit Strategic Partners has invested in 91 companies over the last 17 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in Simpl and most recent follow-on round was in Fundbox.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 1 | 1 | 2 |
2019 | 7 | 2 | 9 |
2018 | 7 | 0 | 7 |
2017 | 5 | 0 | 5 |
Recruit Strategic Partners' Investments by Stage
Recruit Strategic Partners has made 22 investments in Series A stage with an average round size of $5.42M, 9 investments in Seed stage with an average round size of $904K and 7 investments in Series B stage with an average round size of $19.8M.Stage of entry | No. of Investments |
|---|---|
Series A | 22 |
Seed | 9 |
Series B | 7 |
Series C | 3 |
Series D | 2 |
Others | 1 |
Note: We have considered here, only first round of investments
Recruit Strategic Partners' Investments by Sector
Recruit Strategic Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, High Tech and Vertical SaaS. Notably, it has invested in 80 Tech companies, 65 Enterprise (B2B) companies, 51 Software companies and at least 34 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 25 |
Consumer | 18 |
FinTech | 16 |
High Tech | 8 |
Vertical SaaS | 8 |
Others | 49 |
Note: We have considered here, only first round of investments
Recruit Strategic Partners' Investments by Geography
Recruit Strategic Partners has made most investments in United States (22), followed by India where it has made 9 investments.Country | No. of Investments |
|---|---|
United States | 22 |
India | 9 |
Japan | 5 |
Israel | 3 |
China | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
Recruit Strategic Partners' recent investments
Recruit Strategic Partners has not made any investment in 2026 so far.Here are the most recent investments by Recruit Strategic Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 14, 2021 | India | Series B | 4919 | [+26] | |
Jun 16, 2020 | United States | Series B | 7387 | ||
May 04, 2020 | United States | Series C | 5925 | [+11] | |
Nov 13, 2019 | India | Series A | 9873 | [+13] | |
Sep 25, 2019 | United States | Series A | 8065 | [+4] |
Unicorns in Recruit Strategic Partners' Portfolio
Recruit Strategic Partners has 9 unicorns in its portfolio - Open, Fundbox, ZenBusiness and others. The most recent unicorn in their portfolio is Open. It became a unicorn in 2022, 3 years after Recruit Strategic Partners first invested in it.Here is a list of unicorns in Recruit Strategic Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | Provider of a platform for business payments and connected banking | 2017 | Bengaluru | Series D | sjvvecs | ||
75 | Provider of business loans and lines of credit for enterprises | 2013 | San Francisco | Series D | fmklxol | ||
66 | Cloud based business incorporation platform | 2017 | Austin | Series C | cbz{gbz | ||
71 | Provider of an agent workforce platform for enterprise artificial intelligence | 2012 | Boston | Series G | kbnbovs | ||
70 | Provider of e-commerce fulfillment solutions for direct-to-consumer brands | 2014 | Chicago | Series E | qhhxxqx |
IPOs and Publicly Listed companies in Recruit Strategic Partners' Portfolio
11 of Recruit Strategic Partners' portfolio companies have become public. Shiprocket got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), in Aug 2026 at marketcap of $735M and Rent the Runway got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $1.32B.Here are Recruit Strategic Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 19, 2026 | Sep 27, 2014 | Series A | 6155 | |
Oct 27, 2021 | - | - | 6281 | |
Jun 23, 2021 | - | - | 8199 | |
Dec 20, 2019 | Aug 29, 2016 | Series A | 8182 | |
Dec 17, 2019 | - | - | 3075 |
Acquired companies in Recruit Strategic Partners' Portfolio
25 companies from Recruit Strategic Partners' portfolio have been acquired. The most recent acquisition was Conversica in Jul 2026 by Morgan Stanley for $*****.Here are Recruit Strategic Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 28, 2026 | Dec 14, 2016 | Series B | 3330 | |
Jul 10, 2026 | Jun 14, 2017 | Series A | 7499 | |
Mar 30, 2026 | - | - | 1502 | |
Oct 07, 2025 | Jun 04, 2018 | Series A | 8100 | |
Aug 04, 2025 | Nov 21, 2018 | Series A | 5805 |
Team profile of Recruit Strategic Partners
Recruit Strategic Partners has a team of 2 members including 2 Principals located in China. Recruit Strategic Partners' team does not sit on the board of any company as of now.Co-investors of Recruit Strategic Partners
Over the past 17 years, 742 investors have co-invested in Recruit Strategic Partners's portfolio companies. This includes funds and angels.
- Invested before Recruit Strategic Partners: New Enterprise Associates, 500 Global and 239 others have invested in rounds before Recruit Strategic Partners. There are 4 companies where New Enterprise Associates has invested before Recruit Strategic Partners and 3 companies where 500 Global has invested before Recruit Strategic Partners.
- Top Co-investors of Recruit Strategic Partners: 119 investors entered a company along with Recruit Strategic Partners. These include investors like Intel Capital (3 companies).
- Invested after Recruit Strategic Partners: A total of 382 investors have invested in Recruit Strategic Partners's portfolio after their investments. Top Investors include Temasek (5 companies), SBI Investment (5 companies) and Tiger Global Management (4 companies).
Recent News related to Recruit Strategic Partners
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Fintech firm PayMate plans to raise pre-IPO funding round, to turn Ebitda positive by Q3FY24Moneycontrol•Jul 29, 2023•PayMate, Visa, Lightbox, Mayfield and 2 others
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Fintech Startup PayMate Is Looking To Raise $4 Mn In A Fresh RoundInc42•Sep 17, 2021•PayMate, Felicitas Global Partners, Brand Capital, Recruit Strategic Partners and 2 others
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Steady rallies $15m Series BVCJ•Jun 16, 2020•SteadyIQ, Recruit Holdings, Flourish, Loeb Enterprises and 4 others
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BlockFi Raises $4M From Akuna Capital, Susquehanna Government Products, LLLP & OthersICrowdNewswire•Dec 09, 2019•BlockFi, Akuna Capital, CMT Digital, Recruit Strategic Partners and 3 others
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ZenBusiness Raises $15M in Series A FundingFinSMEs•Sep 25, 2019•ZenBusiness, Greycroft, Lerer Hippeau, Revolution and 3 others
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BlockFi, which lends money to cryptocurrency holders, just raised $18.3 million led by Valar VenturesTechCrunch+•Aug 06, 2019•BlockFi, Valar Ventures, Winklevoss Capital, Morgan Creek Capital Management and 18 others
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Visa, others invest in PayMate’s $25 million roundMint•Jul 22, 2019•PayMate, Visa, Recruit Strategic Partners, Brand Capital and 13 others
