Talent acquisition software company Lever announced this week that it has raised US$50 million in a Series D funding round led by the Apax Digital Fund. According to the announcement, the funding will go to developing its platform capabilities in talent analytics, top-of-funnel talent discovery, and diversity, equity, and inclusion (DEI), as well as supporting growth in new markets, and product innovation.
“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 at Apax Digital. "We look forward to working with [Lever CEO Nate Smith] and his team to help accelerate the growth of the business, building on Lever’s impressive success to date.”
Lever was founded in 2012 by CEO Nate Smith along with Sarah Nahm, Randal Truong, and Brian Noguchi. It is available in over 60 countries, with headquarters in the US and Canada. The latest funding round brings its total funding raised to US$73 million,