Country for PR: United States
Contributor: PR Newswire New York
Monday, November 01 2021 - 23:00
AsiaNet
Lever Raises $50 Million in Series D Funding to Better Hiring Experiences
SAN FRANCISCO, Nov. 1, 2021 /PRNewswire-AsiaNet/--

-- Complete talent acquisition suite that has added over 100 new partners and 
surpassed 4,000 customers in 2021

Lever, a leading Talent Acquisition Suite, has completed a $50 million Series D 
funding round with the Apax Digital Fund. The funding comes as the market for 
talent acquisition is continuing to heat up, and companies face the most 
competitive market for hiring and retaining talent to date. The investment in 
Lever will accelerate 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.

Logo - https://mma.prnewswire.com/media/1598449/Lever_Logo.jpg

Serving more than 4,000 customers and adding more than 100 technology 
partnerships and integrations in 2021, Lever's continued momentum makes it 
clear that hiring and talent acquisition have never been more important to 
brands and companies. Lever is the industry's only platform that provides 
talent acquisition leaders with complete applicant tracking systems (ATS) and 
candidate relationship management (CRM) capabilities in a single native 
platform. LeverTRM bridges the critical gap between traditional ATS and CRM 
systems, including native Candidate Nurturing and full-funnel Analytics.

As part of this partnership, Apax Digital's Mia Hegazy will join Lever's board 
of directors. "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," said Mia Hegazy, Principal, Apax Digital. "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."

Lever will use this funding to expand globally, invest in R&D, and build on its 
already expansive ecosystem of technology partners. Lever is particularly 
excited to continue its investment in Talent Analytics, including upcoming DEI 
Analytics capabilities that enable all Lever customers to measure their 
progress on DEI initiatives. 

"We're experiencing record-breaking growth, and we are excited to be able to 
reach even more customers," said Nate Smith, CEO of Lever. "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."

Measure, track, and continually improve your organization's DEI efforts with 
LeverTRM ( 
https://c212.net/c/link/?t=0&l=en&o=3341124-1&h=3781971006&u=https%3A%2F%2Fwww.lever.co%2Flever-trm%2F%3Futm_medium%3Dpr%26utm_source%3Dnews%26utm_content%3Dpress-release&a=LeverTRM 
). To read more about our latest DEI resources to support your business, visit 
here ( 
https://c212.net/c/link/?t=0&l=en&o=3341124-1&h=1712449880&u=https%3A%2F%2Fwww.lever.co%2Fsolutions%2Fdiversity-and-inclusion-hiring%2F%3Futm_medium%3Dpr%26utm_source%3Dnews%26utm_content%3Dpress-release&a=here 
). 

About Lever
Lever is a leading Talent Acquisition Suite that makes it easy for talent teams 
to reach their hiring goals and to connect companies with top talent. Lever is 
the only platform that provides all talent acquisition leaders with complete 
ATS and robust CRM capabilities in one product, LeverTRM. The Lever Hire and 
Lever Nurture features allow leaders to scale and grow their people pipeline, 
build authentic and long-lasting relationships, and source the right people to 
hire. Lever Analytics provides customized reports with data visualization, see 
offers completed and interview feedback, and more, to inform strategic 
decisions between hiring managers and executives alike.

Lever's platform also enables companies to hire with inclusivity in mind, 
helping eliminate any hiring bias. Lever supports the hiring needs of over 
4,000 companies around the globe including the teams at Netflix, Spotify, 
Atlassian, KPMG, and Nielson. For more information, visit https://www.lever.co.

About Apax and Apax Digital

The Apax Digital Fund specializes in growth equity and growth buyout 
investments in high-growth enterprise software, consumer internet, and 
technology-enabled services companies worldwide. The Apax Digital team 
leverages Apax's deep tech investing expertise, global platform, and 
specialized operating experts, to enable technology companies and their 
management teams to accelerate the achievement of their full potential. For 
further information, please visit: www.apaxdigital.com.

Apax Partners LLP ("Apax") is a leading global private equity advisory firm. 
For nearly 50 years, Apax has worked to inspire growth and ideas that transform 
businesses. The firm has raised and advised funds with aggregate commitments of 
more than $60 billion. The Apax Funds invest in companies across four global 
sectors of Tech, Services, Healthcare and Internet/Consumer. These funds 
provide long-term equity financing to build and strengthen world-class 
companies. For more information see: www.apax.com.  

SOURCE: Lever

For more information, please contact:
Michelle McCourt, PR Manager, +1-(925)-487-4861, michelle.mccourt@lever.co; 
Apax, Katarina Sallerfors, +44-207-872-6526, katarina.sallerfors@apax.com; 
Luke Charalambous, +44-20-7872-6494, Luke.Charalambous@apax.com