Greenhouse receives USD 2.7 million investment in round led by The Social+Capital Partnership,

By Nicel Jane Avellana

Nov 15, 2013 07:47 PM EST

Software recruitment solutions provider Greenhouse has received funding worth USD 2.7 million. The Social+Capital Partnership and led the investment. Nick Ganju of ZocDoc, Bill Lohse of Pinterest, Seth Goldstein of DJZ and, Thatcher Bell of DFJ Gotham and Thomas Lehrman of Gerson Lehrman Group and MasterStreet also participated in the round. Jason Lemkin of Storm Ventures and Tina Sharkey of SherpaFoundry are also on the advisory board of Greenhouse.

Based in San Francisco and New York City, Greenhouse gives clients a new approach to their hiring process. Their new Applicant Tracking Software or ATS do not only allow human resources to ask good interview questions, cut down on costly recruiting ads and run useful reports, it also allows them to draw up a hiring plan, conduct structured interviews, assemble interview kits, collect feed back after each interview and quantify the results of social media and referral campaigns and job ads.

Some notable technology firms have partnered with Greenhouse to improve their hiring practices. Through their recruiting software, companies are able to get better candidates and monitor the entire process so that it proceeds smoothly and effectively. Firms that use Greenhouse's hiring solutions software include Klout, HUGE, Nextdor, General Assembly, Upworthy, Lookout, Quirky, Gawker, Disqus and Airbnb.

Greenhouse Founder and Chief Executive Officer Daniel Chait said that hiring is critical for every company. However, companies also know that their recruiting process is fraught with problems. Since Greenhouse's software is designed around practices that have been proven in the industry, he said Greenhouse allows firms to capitalize on these learnings and put together a well-tuned recruiting engine.

Mamoon Hamid of Social+Capital Partnership added, "Greenhouse helps companies improve their candidate experience and polish their online presence, so they can earn a reputation for being an attractive place to work that's serious about great talent."

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