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Lever Raises $50 Million in Series D Funding to Drive Better Hiring Experiences

On behalf of everyone at Lever, we’re excited to announce that we have raised $50 million in our Series D round with Apax Digital!

In 2021, we’ve experienced record-breaking growth with over 100 new tech partners as we’ve surpassed 4,000 customers. This new funding will enable us to rapidly expand our solution development in talent analytics, top-of-funnel talent discovery, and diversity, equity, and inclusion (DEI) as well as support growth in new markets, and continued product innovation. The funding comes at a pivotal time as the market for talent acquisition continues to heat up, and companies face the most competitive market for hiring and retaining talent to date.

As a team, we work every day to push the envelope of talent acquisition as we consistently move towards our ultimate objective: helping our customers proactively recruit, attract, and hire the best candidates. The technology used by organizations today, both large and small, to source, nurture, and hire the best talent must help talent acquisition professionals approach hiring proactively rather than reactively. This is a challenge we’re excited to meet head-on as we build solutions that empower every stakeholder to hire more efficiently—from sourcing and recruiting to hiring managers, and more. We believe these teams deserve the tools and technology worthy of such feats, and we’re here to build them.

“We’re experiencing record-breaking growth, and we are excited to be able to reach even more customers. Through this investment from Apax Digital, we’re gaining a partner that is aligned with our vision of enabling every company to connect human potential to meaningful work. As more companies are understanding the importance of leveraging talent acquisition suites to seamlessly handle the complexities of hiring, we’re continuing to expand our technology ecosystem, enable data-driven talent acquisition, and significantly improve diverse and inclusive hiring practices.”Nate Smith, CEO of Lever

At Lever, we’ll use this funding for growth and expansion in new markets, continue to invest in R&D, and build on our already expansive ecosystem of technology partners. We’re particularly excited to continue our investment in Talent Analytics, including upcoming DEI Analytics capabilities that enable all Lever customers to measure their progress on DEI initiatives. Our further investment into talent analytics is an exciting one as we work to enable talent teams and deepen their impact within their organization. Talent teams are instrumental in the growth of every organization and they require the right access to insight to support their strategic function.

Since our inception in 2012, DEI has been a core part of our culture as well as our product—and it’s why we inject our own values of collaboration, transparency, and humanity into our solutions to help organizations reimagine what growth, teamwork, and talent acquisition look like. As part of this partnership, Apax Digital’s own Mia Hegazy will join Lever’s board of directors, and we couldn’t be more excited to welcome her aboard as we progress both our product and the future of talent acquisition.

“The talent acquisition market is an exciting sector benefiting from several tailwinds and, having tracked the space for some time, Lever stood out for its candidate-centric approach, next-gen technology, and innovative culture. Companies must navigate heightened competition for talent, which is driving strong demand for best-in-class applicant tracking software products such as Lever’s. We look forward to working with Nate and his team to help accelerate the growth of the business, building on Lever’s impressive success to date.”Mia Hegazy, Principal, Apax Digital

We are proud and excited to continue innovating for the future of talent acquisition. From every member of the Lever family to our partners and our customers, we look forward to consistently driving real results for organizations with solutions that help you create better hiring experiences. To learn more about our Series D Funding, feel free to explore our press release here.

Measure, track, and continually improve your organization’s DEI efforts with LeverTRM. To read more about our latest DEI resources to support your business, visit here.