Greenhouse Lands $500M Investment

Greenhouse Lands $500M Investment

Greenhouse loves them some greenbacks! Popular ATS Greenhouse has just nabbed $500M in investment cash as TPG takes a majority stake, valuing hte startup at close to $820M.

Forbes called the move a “loud endorsement,” for Greenhouse who reported revenue growth of 30% year-over-year in 2020. Greenhouse CEO Daniel Chat says the new funding will be used to continue global expansion and increase headcount in its offices in Dublin, San Francisco and Denver.

The company, founded in 2011, now employs about 300 employees. Before this round, Greenhouse had raised $110M, according to Crunchbase. Chait told Forbes that Greenhouse now has more than 4,000 clients, ranging from small startups to corporations such as Asana and Stripe.