Indeed was founded in 2004 with the mission of helping people get jobs. We created the world’s first search engine for jobs, and for ten years we’ve focused on providing job seekers with the most comprehensive and relevant search results. Today, Indeed reaches 140 million job seekers in more than 50 countries and 28 languages.
In 2014, helping people get jobs requires more than just comprehensive and relevant search. For the first time ever, 50% of all job searches on Indeed are performed on a mobile device. While Indeed is the global leader in mobile job search, with the #1 job app for iOS and Android in the US, UK and 20 other countries, the mobile experience is still severely limited for job seekers. Recent studies have found that 10% of Fortune 500 employers allowed candidates to apply to jobs via mobile. In an increasingly competitive market for talent, most employers are missing out on half of their potential candidates.
To combat this challenge, we launched Indeed Apply two years ago, enabling job seekers to apply to millions of jobs from their smartphone or tablet. More than half of all applies on Indeed are now mobile, and job seekers apply to jobs on Indeed from a mobile device 200,000 times every day. But even with 3 million Indeed Apply jobs, we still have a long way to go to make every job in the world open to mobile apply.
That’s why we are excited to announce today that Indeed has agreed to acquire MoBolt, an alliance that will enable any employer to accept mobile job applications. In just 18 months, MoBolt has become a leader in providing employers around the world with an intuitive apply process for job seekers on any smartphone, tablet or desktop browser. Beginning immediately, employers on Indeed will be able to create a custom, branded career site, and accept applications for any job on any device.
Unlike any other solution of its kind, MoBolt’s technology integrates seamlessly with any applicant tracking system, requires absolutely no IT integration, and can be deployed in as little as two weeks. Indeed’s pay for performance business model will be extended to the MoBolt solution, offering Indeed paid traffic for every dollar spent on mobile apply.
The entire MoBolt team will be joining Indeed, and we plan to continue to invest in growing their exceptional engineering team. We are thrilled to have found a group equally committed to the mission of helping people get jobs around the world.
Mobile job search is not a thing of the future, it is a reality today. The combination of Indeed and MoBolt unites the best mobile technology for employers with the #1 destination for job seekers worldwide. Acquiring MoBolt is the next step for us in helping employers and job seekers find the right fit at any time, on any device.