TPG Growth and The Rise Fund signed a definitive agreement to partner with Greenhouse, a hiring software company used by over 4,000 businesses, as a majority investor.
TPG Growth will invest in Greenhouse to accelerate product innovation, grow into new markets, and enhance solutions aimed at accelerating diversity, equity and inclusion in hiring. Financial terms of the transaction were not disclosed.
Daniel Chait, CEO of Greenhouse, said: “Through this investment from TPG Growth and The Rise Fund, we gain a partner with the resources and vision to support our growth, and who is totally aligned with our mission.”
Greenhouse’s software and structured hiring approach helps companies realize the benefits of improved diversity, equity and inclusion in their hiring practices.