TPG Growth and The Rise Fund to invest $497m in Greenhouse.

TPG Growth, an equity platform, and The Rise Fund, investing platform managed by TPG, agreed to invest $497m in Greenhouse, a software company. “Winning businesses are built by talented individuals. Yet every day, organizations around the world base their hiring decisions on hunches and without data, perpetuating biases and limiting human potential. We founded Greenhouse to help companies become great at hiring and reduce bias in the hiring process,” Daniel Chait, Greenhouse CEO.