What is Lever?
Founded in 2012 and headquartered in San Francisco, California, Lever offers a sophisticated talent acquisition suite designed to streamline and optimize the entire hiring process for organizations. The platform aims to empower companies to efficiently manage recruitment, from candidate sourcing and engagement to onboarding, thereby improving the overall employee acquisition experience. Lever's commitment to innovation in HR technology positions it as a key enabler for businesses seeking to build and scale their workforces effectively.
How much funding has Lever raised?
Lever has raised a total of $113.9M across 6 funding rounds:
Angel/Seed
$2.8M
Series A
$10M
Series B
$19.1M
Series C
$30M
Debt
$2M
Series D
$50M
Angel/Seed (2012): $2.8M with participation from Y Combinator and SV Angel
Series A (2014): $10M led by Redpoint Ventures, SV Angel, Index Ventures, Y Combinator, and Matrix Partners
Series B (2016): $19.1M supported by Correlation Ventures, Index Ventures, BA Venture Partners, and Matrix Partners
Series C (2017): $30M featuring BA Venture Partners, Matrix Partners, and Adams Street Partners
Debt (2020): $2M backed by PPP
Series D (2021): $50M with participation from Apax Digital Fund
Key Investors in Lever
Y Combinator
Y Combinator is a renowned startup accelerator that provides seed funding and mentorship to early-stage companies, helping them to grow and scale their operations.
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses, providing essential resources and strategic insights for company scaling.
Index Ventures
Index Ventures is a global venture capital firm that invests in entrepreneurs from seed to IPO, backing companies that challenge the status quo and aim to build enduring businesses.
What's next for Lever?
The recent major strategic investment in Lever signals a strong vote of confidence from its backers, likely positioning the company for significant expansion and product development. This capital infusion is expected to fuel advancements in its talent acquisition suite, potentially broadening its market reach and enhancing its competitive edge. As Lever continues its growth trajectory, it is poised to further solidify its role in transforming how companies attract, hire, and retain top talent in an increasingly dynamic job market.
See full Lever company page
