Greenhouse offers a structured hiring approach, a suite of software and services, and a large partner ecosystem used by more than 4,000 businesses. Its platform helps companies improve hiring outcomes and reduce bias; customers include HubSpot, Stripe, Intercom, Asana, and Cisco Meraki. The company is based in New York City with offices in San Francisco, Denver, and Dublin. Greenhouse has received awards including Glassdoor #1 Best Place to Work, Forbes Cloud 100, and Inc. Magazine Best Workplace. Following the announced transaction, Greenhouse plans to accelerate product innovation, expand into new markets, and enhance solutions aimed at diversity, equity, and inclusion in hiring. Financial terms of the transaction were not disclosed; the deal is expected to close in the first half of 2021 and is subject to customary closing conditions. Greenhouse provides an enterprise talent acquisition software platform used to design and automate all aspects of hiring across organizations. Founded in 2012 by CEO Daniel Chait, the company serves more than 2,500 customers in over 50 countries, including Cisco Meraki, BuzzFeed, J.D. Power, Warby Parker and Airbnb. It recently launched Greenhouse Inclusion in partnership with Paradigm to operationalize behavior change and mitigate bias during the hiring process. The company raised $50M in a Series D from Riverwood Capital, bringing total funding to more than $110M. Greenhouse intends to use the funds to expand growth across enterprise clients domestically and internationally and to invest in R&D. Planned product investments include growing capabilities in recruiting, onboarding, hiring analytics, and diversity and inclusion. Greenhouse offers a hiring dashboard that aggregates candidate sources, enables A/B testing of job listings, reminds employees about openings, and structures interview questions and answers to make candidates comparable. Its tools aim to speed up and reduce the cost of going from empty desk to strong hire while remaining focused on recruiting rather than payroll or full-suite HR. The company reported roughly 800 customers including Slack and Pinterest, up from about 450 at its Series B, and has grown to 125 employees. Greenhouse said revenue was set to quadruple over the course of 2015. The product roadmap emphasizes international expansion, selling to larger enterprises, building infrastructure and compliance to serve massive clients, and some secret R&D projects. The team is also working on improving the user interface while retaining functional depth. Greenhouse is a recruiting SaaS that aggregates candidate sources into a single hiring dashboard, enables A/B testing of job listings, and facilitates employee-driven referrals. It structures interviews by standardizing questions and scoring, offers decision-making tools to compare candidates, and benchmarks hiring performance against industry metrics. The company serves roughly 450 customers, including Evernote, Zenefits, and Venmo, and has about 70 employees with plans to double headcount by year-end. Financially, Greenhouse raised a $13.6M Series B and had previously raised a $7.5M Series A seven months earlier without having burned through that capital; the new financing values the company at about 2.5x its last round. With the new cash the company plans to invest in platform infrastructure (security audits, internationalization, and scalability for larger enterprises), expand sales and marketing, and build proactive intelligence to predict hiring outcomes. Greenhouse aims to automate recommendations (e.g., which stages to filter candidates) and identify the most predictive interview questions to optimize hiring versus incumbents like Jobvite and newer rivals such as Lever. Greenhouse provides recruitment-optimization software that pulls candidate sources into a single dashboard, standardizes interview questions and scoring, and organizes candidate data for decision-making. Its product features include sourcing aggregation, interview orchestration with a scoring rubric, and tools to compare hiring funnels to industry benchmarks. Customers named in the article include Uber, Pinterest, Snapchat, BuzzFeed, Airbnb, Mixpanel, Medium and Oculus, demonstrating enterprise adoption. The company is positioning itself as an open platform for recruiting apps, planning integrations with tools like video interview provider HireView and offering partners anonymized aggregate funnel data. Management says it will use funding to expand marketing and grow the team while investing in platform integrations and enterprise IT/scalability to support larger clients. Financially, the company has raised a total of $11.2 million to date.

Total raised

$109M

Funding rounds

6

Latest round

Series D

Latest activity

Jul 2018