• General
  • July 12, 2018
  • 5 minutes read

Recruiting software startup Greenhouse nabs $50 million in Series D funding

Greenhouse New York based talent acquisition and recruiting software provider Greenhouse has picked up a $50 million Series D funding…

Greenhouse
New York based talent acquisition and recruiting software provider Greenhouse has picked up a $50 million Series D funding from Riverwood Capital to “meet growing demand for its platform globally and expand its category-leading capabilities in the areas of recruiting, onboarding, hiring analytics, and diversity and inclusion.”
This investments brings the total raised by the smart recruiting software startup to a total of $110 million with the startup founded 2012 counting other notable backers including Joshua Kushner’s Thrive Capital, Benchmark, Social Capital, FundersClub along with several other VC firms.
Talent acquisition in various companies stands as one of the most needed service with the race for in-depth talent being very competitive across global startups around the world and with Greenhouse creating a solution to tackle this space has seen several notable customers from the likes of Pinterest, Thumbtack, BuzzFeed, Coinbase, Twilio, Squarespace, Vimeo, General Assembly and a long list of other major technology companies.

Greenhouse started 6 years ago being launched by entrepreneur duo Daniel Chait who heads the company as CEO currently along with Jon Stross who currently holds the position of President at the intelligent recruiting startup.
Chait issued a statement on the company’s funding round saying “Enterprise businesses compete for the best talent and manage thousands of candidates across their organization,” He continued “This is why interest in our category has exploded. An optimized recruitment process is a competitive advantage. We built Greenhouse to help companies get better at every area of hiring — from finding the right candidates, to conducting more focused interviews, to making more data-driven decisions.”
With very good capital for Greenhouse, The company is earmarked to scale is smart recruiting platform as it provides its recruiting software to several major companies of which the technology industry counts as its main customer base.
Greenhouse’s customer list comes as very impressive with the 6 year old startup counting a very high number of Digital media, health, retail, Finance and education companies on its customer list which in addition to the ones stated above in this article includes other notable names such as renowned media brand Thrillist, Digital health insurance unicorn Oscar, Flatiron Health, Compass, BigCommerce, NerdWallet, Bonobos, Birchbox, Airbnb, Evernote, Course Hero, Shazam (acquired by Apple), Vimeo, Finance startup Prosper and a list of other major startups.


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