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 businesses. The platform aims to empower organizations to efficiently manage recruitment, from candidate sourcing and engagement to onboarding. Lever's commitment to innovation in HR technology has positioned it as a key solution provider in a competitive market, facilitating smoother and more effective talent acquisition strategies for its clientele.
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 Y Combinator, Matrix Partners, Redpoint Ventures, SV Angel, and Index Ventures
Series B (2016): $19.1M supported by Index Ventures, Matrix Partners, BA Venture Partners, and Correlation Ventures
Series C (2017): $30M featuring Adams Street Partners, BA Venture Partners, and Matrix Partners
Debt (2020): $2M backed by PPP
Series D (2021): $50M with participation from Apax Digital Fund
Key Investors in Lever
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world. Generational Index-backed companies include Adyen, Datadog, Discord, Figma, Robinhood, and Roblox.
Matrix Partners
Headquartered in Chicago, Matrix Partners is an award-winning firm that specializes in pet product strategy, advertising and public relations. Passionate About PetsSM since 1987, Matrix has created successful marketing campaigns for hundreds of consumer and pet product brands. Matrix Partners' client experience includes dozens of national brands ranging from pet foods, treats and supplements to cat litter, accessories and grooming aids.
Y Combinator
Established in 2005 and located in Mountain View, California, Y Combinator provides seed funding for startup businesses and to gauge investors for businesses.
What's next for Lever?
The recent major strategic investment in Lever signals a strong vote of confidence from its backers, likely enabling the company to accelerate product development, expand its market reach, and potentially explore strategic acquisitions. This capital infusion is expected to fuel further innovation in its talent acquisition suite, addressing evolving needs in the HR technology landscape. Lever's trajectory suggests a focus on solidifying its position as a leader in enterprise-level hiring solutions, with potential for further scaling and market penetration in the coming years.
See full Lever company page
