Lever plans to use the cash it just raised to make its service even smarter, boosting its analytics and helping companies identify the talent they need, Nahm says. To Nahm, connecting companies to the right people at the right time is a design problem, similar to ones she's faced in the past. "That's what I live for," says Nahm.
As the recruiting space becomes increasingly competitive, Lever has amassed a significant war chest. Today, it said that it had raised an additional $30 million in venture financing from Adams Street Partners, Matrix Partners and Scale Partners, bringing its total funding to $62 million. It could raise as much as $10 million more before officially closing the round.
Great hires make great companies. With a shortage of skilled labor, it’s important for companies to be more aggressive in recruiting new talent. Lever was founded to give businesses an edge in bringing in the best candidates. By combining big data with marketing strategies, Lever keeps employees involved in the hiring process in sync and makes recruiting new candidates a team sport.
"Hiring today is not about vetting applicants who are eager to work for your company”, says Srinivasan. “In today’s business environment, the balance of power rests with the candidates. Today, recruiting is more about mutual evaluation and finding the right fit."