Greenhouse Raises $7.5M to Help Companies Optimize Their Recruiting Processes

NEW YORK and SAN FRANCISCO, Aug. 14, 2014 /PRNewswire/ -- Greenhouse Software, a recruiting optimization platform, announced today a Series A investment of $7.5 million led by investor Social+Capital Partnership, with additional funding from Resolute Ventures and Felicis Ventures. The financing will be used to sustain the company's rapid growth with investments in product, customer success and sales. Mamoon Hamid, General Partner at Social+Capital Partnership, will join Greenhouse's Board of Directors.

"Greenhouse has quickly developed a leadership position in talent acquisition software, becoming well-known for producing impactful software that helps hiring," says Mamoon Hamid. "Recruiting top talent is key to building great companies. Greenhouse has re-imagined what a great recruiting platform can be, creating a product focused on improving recruiting performance, rather than simply administration and tracking."

Founded in 2012, New York-based Greenhouse optimizes how organizations find, interview and hire the best talent. From A/B testing sourcing strategies to customizable interview questions and kits, Greenhouse provides a technology platform that helps organizations of all sizes improve their recruiting performance.

Daniel Chait, Greenhouse CEO, says, "at Greenhouse, our mission is simple: we want to help companies execute their recruiting practices flawlessly. We are very excited to partner with an outstanding group of investors, and this funding will help us continue to build products our customer love."

Greenhouse is growing rapidly in a variety of sectors such as: high tech, e-commerce, media, finance, education, entertainment and healthcare. Brands like Pinterest, Airbnb, Brightroll, Airware, Uber and Bonobos have turned to Greenhouse to maintain their competitive advantage for talent and drive company-wide initiatives to improve recruiting performance.

"Having known the Greenhouse team since pre-revenue, I am extremely proud to see them achieve break-out status in the HR 2.0 space" says Jason Lemkin, Greenhouse advisor and Managing Director at Storm Ventures. "They have one of the strongest customer-centric founding teams I know of in SaaS, and have already become the default platform for both industry-leading customers and partners looking to create a true end-to-end talent management platform."

About Greenhouse

Greenhouse Software is a recruiting optimization platform that helps companies source, interview and hire the best talent. Located in San Francisco and New York City, Greenhouse was founded by Daniel Chait and Jon Stross. Greenhouse currently works with companies like Airbnb, Pinterest, Riot Games and more. To learn more or request a demo visit greenhouse.io

Photo - http://photos.prnewswire.com/prnh/20140814/136148

SOURCE Greenhouse Software