Lever Pulls Down on $50 Million Series D Funding

<p><strong><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;strong> &&num;8212&semi; Lever&comma; a Talent Acquisition Suite&comma; has completed a <span class&equals;"xn-money">&dollar;50 million<&sol;span> Series D funding round with the Apax Digital Fund&period; The investment in Lever will accelerate solution development in talent analytics&comma; top-of-funnel talent discovery&comma; and diversity&comma; equity&comma; and inclusion &lpar;DEI&rpar; as well as support growth in new markets&comma; and continued product innovation&period;<&sol;p>&NewLine;<p>Serving more than 4&comma;000 customers and adding more than 100 technology partnerships and integrations in 2021&comma; Lever&&num;8217&semi;s momentum makes it clear that hiring and talent acquisition have never been more important to brands and companies&period; Lever is the industry&&num;8217&semi;s only platform that provides talent acquisition leaders with complete applicant tracking systems &lpar;ATS&rpar; and candidate relationship management &lpar;CRM&rpar; capabilities in a single native platform&period; LeverTRM bridges the critical gap between traditional ATS and CRM systems&comma; including native Candidate Nurturing and full-funnel Analytics&period;<&sol;p>&NewLine;<p>As part of this partnership&comma; Apax Digital&&num;8217&semi;s <span class&equals;"xn-person">Mia Hegazy<&sol;span> will join Lever&&num;8217&semi;s board of directors&period; &&num;8220&semi;The talent acquisition market is an exciting sector benefiting from several tailwinds and&comma; having tracked the space for some time&comma; Lever stood out for its candidate-centric approach&comma; next-gen technology&comma; and innovative culture&comma;&&num;8221&semi; said <span class&equals;"xn-person">Mia Hegazy<&sol;span>&comma; Principal&comma; Apax Digital&period; &&num;8220&semi;Companies must navigate heightened competition for talent&comma; which is driving strong demand for best-in-class applicant tracking software products such as Lever&&num;8217&semi;s&period; We look forward to working with Nate and his team to help accelerate the growth of the business&comma; building on Lever&&num;8217&semi;s impressive success to date&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Lever will use this funding to expand globally&comma; invest in R&amp&semi;D&comma; and build on its already expansive ecosystem of technology partners&period; Lever is particularly excited to continue its investment in Talent Analytics&comma; including upcoming DEI Analytics capabilities that enable all Lever customers to measure their progress on DEI initiatives&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We&&num;8217&semi;re experiencing record-breaking growth&comma; and we are excited to be able to reach even more customers&comma;&&num;8221&semi; said <span class&equals;"xn-person">Nate Smith<&sol;span>&comma; CEO of Lever&period; &&num;8220&semi;Through this investment from Apax Digital&comma; we&&num;8217&semi;re gaining a partner that is aligned with our vision of enabling every company to connect human potential to meaningful work&period; As more companies are understanding the importance of leveraging talent acquisition suites to seamlessly handle the complexities of hiring&comma; we&&num;8217&semi;re continuing to expand our technology ecosystem&comma; enable data-driven talent acquisition&comma; and significantly improve diverse and inclusive hiring practices&period;&&num;8221&semi;<&sol;p>&NewLine;