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YC-backed Abacum nets $7M to empower finance teams with real-time data and collaboration tools – TechCrunch


YC-backed Abacum nets $7M to empower finance teams with real-time data and collaboration tools
SaaS to support mid-sized companies’ financial planning with real-time data and native collaboration isn’t the sexiest startup pitch under the sun but it’s one that’s swiftly netted Abacum a bunch of notable backers including Creandum, which is leading a $7M seed round that’s being announced today.
The rosters of existing investors also participating in the round are Y Combinator (Abacum was part of its latest batch), PROFounders, and K-Fund, along with angel investors such as Justin Kan (Atrium and Twitch co-founder and CEO); Maximilian Tayenthal (N26 co-founder and co-CEO & CFO); Thomas Lehrman (GLG co-founder and ex-CEO), Avi Meir (TravelPerk co-founder and CEO); plus Jenny Bloom (Zapier CFO and Mailchimp ex-CFO) and Mike Asher (CFO at Neo4j). ....

Peter Specht , Y Combinator Abacum , Jorge Lluch , Maximilian Tayenthal , Thomas Lehrman , Julio Martinez , Avi Meir Travelperk , European Space Agency , Justin Kan , Avi Meir , Jenny Bloom , Mike Asher , Adaptive Insights , Host Analytics , பீட்டர் ஸ்பெக்ட் , தாமஸ் லேஹர்மபன் , ஜூலியோ மார்டினெஸ் , ஜஸ்டின் கான் , ஆவி மீர் , ஜென்னி பூக்கும் , மைக் ஆஷர் , மாற்றி அமைக்கத்தக்க நுண்ணறிவு , தொகுப்பாளர் பகுப்பாய்வு ,

TPG Growth Acquires a Majority Stake in Job Recruitment Platform Greenhouse


AlleyWatch
Greenhouse, the applicant tracking and job recruitment software, has agreed to sell a majority stake to TPG Growth.  The terms of the transaction were not disclosed but it has been reported that the transaction values the Greenhouse at $820M. TPG’s investment at this time is approximately $500M, consisting of ~$450M to acquire stock from existing shareholders (investors and employees) and ~$47M in new equity investment via a related TPG fund.
“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,” remarked ....

Thatcher Bell , Seth Goldstein , Paul Appelbaum , Steve Ellis , William Lohse , Thomas Lehrman , Daniel Chait , Jon Stross , Nick Ganju , Rise Fund , Felicis Ventures , Social Starts , Social Capital , Thrive Capital , Resolute Ventures , Frontline Ventures , Riverwood Capital , Lumia Capital , Groupe Arnault , Co Managing Partner , Greenhouse Acquired By Tpg , தாட்சர் மணி , சேதி கோல்ட்ஸ்டைன் , பால் அப்பேள்பும் , ஸ்டீவ் நீள்வட்டம் , வில்லியம் லோசெ ,